40 Fay St Unit 501 Boston, MA 02118
South End Neighborhood
1
Bed
1
Bath
772
Sq Ft
784
Sq Ft Lot
About This Home
As of August 2016Luxury loft living in the heart of South End's vibrant SOWA district! Located on an upper floor in a beautifully designed, 2006 elevator building, this generously sized corner unit features westerly Back Bay views, open concept living, 10' ceilings, polished concrete floors, central AC, and a designer kitchen with gas cooking, custom cabinets, granite island, and stainless Bosch and Fisher & Paykel appliances. The large full bath has a deep soaking tub, subway tile and a stacking Bosch washer and dryer. Gateway Terrace is a professionally managed development, pet friendly and has a private common courtyard. It is ideally located just a few blocks from Whole Foods, SOWA galleries, and many South End boutique shops and notable restaurants.
Last Agent to Sell the Property
Stephen Sweigart
Coldwell Banker Realty - Boston License #449545788 Listed on: 06/22/2016
Property Details
Home Type
Condominium
Est. Annual Taxes
$7,806
Year Built
2006
Lot Details
0
Listing Details
- Unit Level: 5
- Unit Placement: Upper, Corner
- Property Type: Condominium/Co-Op
- Other Agent: 2.50
- Year Round: Yes
- Special Features: None
- Property Sub Type: Condos
- Year Built: 2006
Interior Features
- Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer
- Has Basement: No
- Number of Rooms: 2
- Amenities: Public Transportation, Shopping, Highway Access
- Energy: Insulated Windows
- Flooring: Tile, Concrete
- Interior Amenities: Cable Available, Intercom
- No Living Levels: 1
Exterior Features
- Construction: Brick
Garage/Parking
- Parking Spaces: 0
Utilities
- Cooling: Central Air
- Heating: Forced Air
- Utility Connections: for Gas Range, for Electric Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: Gateway Terrace Condominium
- Association Fee Includes: Heat, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Air Conditioning
- Association Security: Intercom
- Management: Professional - Off Site
- Pets Allowed: Yes
- No Units: 138
- Unit Building: H-501
Fee Information
- Fee Interval: Monthly
Lot Info
- Zoning: RES
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
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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
33 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72027110
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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