NOT LISTED FOR SALE

40 Fay St Unit 501 Boston, MA 02118

South End Neighborhood

Estimated Value: $723,256 - $982,000

1 Bed
1 Bath
772 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $565,000 $732 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,894/month

Highlights

  • 9,412 Sq Ft lot
  • Cooling Available
  • 3-minute walk to The Underground Dog Park

About This Home

As of May 2024

Stunning 770 sq foot studio in the heart of the South End. Complete with walk through closet, laundry in unit, stainless steel appliances, high ceilings, and full city skyline views. Cement floors and loads of natural light. This professionally managed building has an elevator and fob key access. Located within minutes of grocery stores, restaurants and the local SOWA market. This unit won't last long! Small dogs will be considered. Available for a June 1st move in and flexible!

Last Agent to Rent the Property

Josh Gold

Boston Property Group INC Listed on: 05/06/2024

Last Renter's Agent

Josh Gold

Boston Property Group INC Listed on: 05/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,806

Year Built

  • 2006

Lot Details

  • 9,412

Home Design

  • 772 Sq Ft Home
  • Apartment
  • Entry on the 5th floor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Additional Features

  • 1 Full Bathroom
  • Laundry in unit
  • 9,412 Sq Ft Lot
  • Cooling Available

Listing and Financial Details

  • Security Deposit $3,200
  • Property Available on 6/1/24
  • Rent includes hot water
  • 12 Month Lease Term
  • Assessor Parcel Number 4705827

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,806

Year Built

2006

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-06-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3200

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 5
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 772
  • Spa YN: No
  • MAIN LO: AN6394
  • MAIN SO: AN6394

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Utilities

  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Rent Includes: Hot Water
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4705827
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9412
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Marquez Abagail G and Vargas Carlos C
Bought by
Marquez Abagail G
Current Estimated Value
$809,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$430,514
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$378,550

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 30, 2016
Sold by
Norton Martha M
Bought by
Vargas Carlos C and Marquez Abigail G
Seller's Agent
Stephen Sweigart
Coldwell Banker Realty - Boston
Buyer's Agent
Michelle Otey
Luxury Residential Group, LLC
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$514,150
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2012
Closed on
Aug 27, 2012
Sold by
Decrescenzo Michael
Bought by
Norton Martha M
Seller's Agent
David Galante
Coldwell Banker Realty - Boston
Buyer's Agent
Stephen Sweigart
Coldwell Banker Realty - Boston
List Price
$379,000
Sold Price
$385,000
Premium/Discount to List
$6,000
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$361,900
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Marquez Abagail G -- --
Vargas Carlos C $565,000 --
Norton Martha M $385,000 --
Norton Martha M $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Abagail G $490,000
Previous Owner Vargas Carlos C $514,150
Previous Owner Norton Martha M $361,900
Previous Owner Norton Martha M $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2024 05/16/24 Rented $3,200 0.0% --
05/08/2024 05/08/24 Price Changed $3,200 -3.0% $4 / Sq Ft
05/06/2024 05/06/24 For Rent $3,300 +10.0% --
08/27/2022 08/27/22 Rented $3,000 0.0% --
08/10/2022 08/10/22 Under Contract -- -- --
08/04/2022 08/04/22 For Rent $3,000 +27.7% --
09/11/2018 09/11/18 Rented $2,350 -6.0% --
09/10/2018 09/10/18 Under Contract -- -- --
09/05/2018 09/05/18 Price Changed $2,500 -5.7% $3 / Sq Ft
08/16/2018 08/16/18 Price Changed $2,650 -5.4% $3 / Sq Ft
08/08/2018 08/08/18 Price Changed $2,800 -5.1% $4 / Sq Ft
08/01/2018 08/01/18 Price Changed $2,950 -6.3% $4 / Sq Ft
07/25/2018 07/25/18 For Rent $3,150 0.0% --
08/30/2016 08/30/16 Sold $565,000 -5.7% $732 / Sq Ft View Prior Sale
07/18/2016 07/18/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $599,000 0.0% $776 / Sq Ft
07/22/2014 07/22/14 Rented $2,295 -8.0% --
07/22/2014 07/22/14 For Rent $2,495 +4.2% --
03/09/2014 03/09/14 Rented $2,395 0.0% --
02/07/2014 02/07/14 Under Contract -- -- --
01/14/2014 01/14/14 For Rent $2,395 0.0% --
08/27/2012 08/27/12 Sold $385,000 +1.6% $499 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $379,000 -- $491 / 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 $7,806 $674,100 $0 $674,100
2024 $7,175 $658,300 $0 $658,300
2023 $6,928 $645,100 $0 $645,100
2022 $6,951 $638,900 $0 $638,900
2021 $6,683 $626,300 $0 $626,300
2020 $5,826 $551,700 $0 $551,700
2019 $5,644 $535,500 $0 $535,500
2018 $5,845 $557,700 $0 $557,700
2017 $5,837 $551,200 $0 $551,200
2016 $5,830 $530,000 $0 $530,000
2015 $5,675 $468,600 $0 $468,600
2014 $5,349 $425,200 $0 $425,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Josh Gold

    Boston Property Group INC

    (617) 903-4005

    8 Total Sales

    Josh Gold
    Section Image
  • Haywood Kristian Group

    Seller's Agent in 2022

    Haywood Kristian Group

    Coldwell Banker Realty - Boston

    (617) 848-9616

    7 in this area

    58 Total Sales

    Haywood Kristian Group
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Annette Kristiansen

    Coldwell Banker Realty - Boston

    4 in this area

    9 Total Sales

    Annette Kristiansen
    Section Image
  • ellen mulder

    Buyer's Agent in 2022

    ellen mulder

    Amo Realty - Boston City Properties

    (484) 678-3402

    1 in this area

    29 Total Sales

    ellen mulder
    Section Image
  • Michelle Otey

    Seller's Agent in 2018

    Michelle Otey

    Luxury Residential Group, LLC

    (617) 279-3334

    6 in this area

    55 Total Sales

    Michelle Otey
    Section Image
  • Jacqueline Vienneau

    Buyer's Agent in 2018

    Jacqueline Vienneau

    Berkshire Hathaway HomeServices Warren Residential

    (603) 231-0089

    2 in this area

    37 Total Sales

    Jacqueline Vienneau
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73233471

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-006390-000060

Massachusetts Suffolk County Boston 02118 South End

40 Fay St Unit 501, Boston, MA

Not Listed for Sale

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