NOT LISTED FOR SALE

40 Fay St Unit 407 Boston, MA 02118

South End Neighborhood

Estimated Value: $635,072 - $814,000

-- Bed
1 Bath
648 Sq Ft
$425/mo HOA Fee

Last Sold May 14, 2019

Last sale price $560,000 $864 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,747/month

52 Days on Market

About This Home

As of May 2019

Enjoy this sunny loft-style STUDIO in mint condition at landmark Gateway Terrace in the heart of the vibrant SOWA district. Wide open space features high ceilings, gleaming hardwood floors and oversized windows. Beautiful granite and stainless steel kitchen with high-end appliances and convenient breakfast bar. Sparkling tile bath with deep soaking tub. Also, central air conditioning, laundry, recessed lighting and ample storage space with custom built-in closets throughout. Huge landscaped common terrace. A great home convenient to all the downtown neighborhoods, Whole Foods, the T and everything the South End has to offer!

Last Agent to Sell the Property

Steven Cohen Team

Keller Williams Realty Boston-Metro | Back Bay Listed on: 02/21/2019

Keller Williams Realty Boston-Metro | Back Bay

Last Buyer's Agent

Corey Bashaw

Homie Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,936

Year Built

  • Built in 2006

Lot Details

  • 436

HOA Fees

  • $425 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • Year Round Access
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number W:03 P:06390 S:058

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,936

Year Built

Built in 2006

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 893.52
  • Comp Based On: Net Sale Price
  • Year Built: 2006
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 407
  • Unit Level: 4
  • Unit Placement: Upper
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Full Bathrooms: 1
  • No Rooms: 1
  • No Living Levels: 1
  • Main Lo: BB5522
  • Main So: BB6013
  • Estimated Sq Ft: 648.00

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Roof Material: Rubber
  • Exterior Unit Features: Patio

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access, University
  • HOA Fees: 425.00
  • Association Fee Includes: Heat, Gas, Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Gateway Terrace

Lot Info

  • Assessments: 464400.00
  • Acre: 0.01
  • Lot Size: 648.00
  • Parcel Number: W:03 P:06390 S:058
  • Zoning: R

Tax Info

  • Taxes: 2380.00
  • Assessor Parcel Number: 4705832

Multi Family

  • No Units: 40
  • No Units Owner Occ: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
May 8, 2019
Sold by
Budrow Justin C
Bought by
Bitar Noelia
Seller's Agent
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Corey Bashaw
Homie Realty Group
List Price
$579,000
Sold Price
$560,000
Premium/Discount to List
-$19,000
-3.28%
Current Estimated Value
$713,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,768
Avg. Annual Appreciation
3.76%
Original Mortgage
$532,000
Outstanding Balance
$465,826
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$247,942
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bitar Noelia $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bitar Noelia $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $560,000 -3.3% $864 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $579,000 -- $894 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,936 $599,000 $0 $599,000
2024 $6,371 $584,500 $0 $584,500
2023 $6,153 $572,900 $0 $572,900
2022 $6,172 $567,300 $0 $567,300
2021 $5,935 $556,200 $0 $556,200
2020 $5,358 $507,400 $0 $507,400
2019 $5,191 $492,500 $0 $492,500
2018 $4,867 $464,400 $0 $464,400
2017 $4,684 $442,300 $0 $442,300
2016 $4,678 $425,300 $0 $425,300
2015 $4,104 $338,900 $0 $338,900
2014 $3,870 $307,600 $0 $307,600
Source: Public Records

Agents Affiliated with this Home

  • Steven Cohen Team

    Seller's Agent in 2019

    Steven Cohen Team

    Keller Williams Realty Boston-Metro | Back Bay

    (617) 861-3636

    188 in this area

    482 Total Sales

    Steven Cohen Team
    Section Image
  • Corey Bashaw

    Buyer's Agent in 2019

    Corey Bashaw

    Homie Realty Group

    (617) 821-6390

    92 Total Sales

    Corey Bashaw
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72455573

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-006390-000058

Massachusetts Suffolk County Boston 02118 South End

40 Fay St Unit 407, Boston, MA

Not Listed for Sale

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