40 Fay St Unit 501 Boston, MA 02118
South End Neighborhood
1
Bed
1
Bath
772
Sq Ft
$354/mo
HOA Fee
Highlights
- Corner Lot
- 1 Car Attached Garage
- Resident Manager or Management On Site
- Elevator
- Intercom
- 3-minute walk to The Underground Dog Park
About This Home
As of August 2016Sleek contemporary loft condo at desirable Gateway Terrace. This 2006 construction, 5th floor corner unit boasts eight over-sized windows, Back Bay skyline views, soaring ceiling, great layout, open kitchen w/ Bosch and Fisher Paykel ss appliances, granite counters, sealed concrete floors, gorgeous bath w/ subway tile, w/d in unit, private common courtyard w/ gas grill. Great location near vibrant SoWa market, galleries, shops and South End restaurants. Garage pkg available for sale $55K or rent
Last Agent to Sell the Property
David Galante
Coldwell Banker Realty - Boston License #449532504 Listed on: 06/11/2012
Last Buyer's Agent
Stephen Sweigart
Coldwell Banker Realty - Boston License #449545788
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,949
Year Built
- Built in 2006
HOA Fees
- $354 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Parking Available
Home Design
- Brick Exterior Construction
Interior Spaces
- 772 Sq Ft Home
- 1-Story Property
- Concrete Flooring
- Intercom
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number W:03 P:06390 S:060,4705798
Community Details
Overview
- Association fees include heat, gas, water, sewer, insurance, maintenance structure, snow removal, air conditioning
- 133 Units
- Mid-Rise Condominium
- Gateway Terrace Community
Amenities
- Common Area
- Elevator
Security
- Resident Manager or Management On Site
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
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
Interest Rate
3.75%
Mortgage Type
New Conventional
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
4.22%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Not Resolvable | $565,000 | -- | |
| Deed | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $488,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $490,000 | New Conventional | |
| Previous Owner | $514,150 | New Conventional | |
| Previous Owner | $343,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $361,900 | New Conventional | |
| Previous Owner | $290,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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
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
Seller's Agent in 2024
Josh Gold
Boston Property Group INC
-
Seller's Agent in 2022
Haywood Kristian Group
Berkshire Hathaway HomeServices Warren Residential
(617) 848-9616
8 in this area
57 Total Sales
-
A
Seller Co-Listing Agent in 2022
Annette Kristiansen
Berkshire Hathaway HomeServices Warren Residential
-
Buyer's Agent in 2022
ellen mulder
Amo Realty - Boston City Properties
(484) 678-3402
1 in this area
32 Total Sales
-
Seller's Agent in 2018
Michelle Otey
Luxury Residential Group, LLC
(617) 279-3334
6 in this area
55 Total Sales
-
Buyer's Agent in 2018
Jacqueline Vienneau
Berkshire Hathaway HomeServices Warren Residential
(603) 231-0089
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71395241
APN: CBOS-000000-000003-006390-000060
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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