40 Fay St Unit 505 Boston, MA 02118
South End NeighborhoodEstimated payment $5,042/month
Total Views
75
1
Bed
1
Bath
691
Sq Ft
$997
Price per Sq Ft
Highlights
- Medical Services
- Property is near public transit
- Elevator
- Landscaped Professionally
- Tennis Courts
- 3-minute walk to The Underground Dog Park
About This Home
Welcome to this stunning modern loft, ideally situated in Gateway Terrace, right in the heart of Boston’s vibrant South End. Nestled near the dynamic Ink Block neighborhood, this home offers unparalleled access to some of the city’s finest dining, a thriving art gallery scene, sports fields, dog parks, gyms, and the highly coveted Whole Foods Market. Flooded with natural light from expansive east-facing windows, this beautifully designed home features an open-concept layout with a sleek Siematic kitchen, outfitted with high-end Fisher & Paykel and Bosch stainless steel appliances. Enjoy polished concrete floors, granite countertops, gas cooking, in-unit washer/dryer, and generous closet space throughout. Located in a professionally managed, secure elevator building, residents also enjoy access to a beautifully landscaped common courtyard with a shared BBQ area, perfect for entertaining. Rental parking is available. In 2024 the building’s lobbies were beautifully renovated.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,587
Year Built
- Built in 2006
HOA Fees
- $590 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Rubber Roof
- Stone
Interior Spaces
- 691 Sq Ft Home
- 1-Story Property
- Intercom
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Hot Water Heating System
Additional Features
- Landscaped Professionally
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number W:03 P:06390 S:068,4525401
Community Details
Overview
- Association fees include heat, gas, water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 138 Units
- Mid-Rise Condominium
- Gateway Terrace Community
Amenities
- Medical Services
- Shops
- Elevator
Recreation
- Tennis Courts
- Park
Pet Policy
- Call for details about the types of pets allowed
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,587 | $655,200 | $0 | $655,200 |
| 2024 | $6,971 | $639,500 | $0 | $639,500 |
| 2023 | $6,731 | $626,700 | $0 | $626,700 |
| 2022 | $6,752 | $620,600 | $0 | $620,600 |
| 2021 | $6,492 | $608,400 | $0 | $608,400 |
| 2020 | $5,624 | $532,600 | $0 | $532,600 |
| 2019 | $5,449 | $517,000 | $0 | $517,000 |
| 2018 | $5,109 | $487,500 | $0 | $487,500 |
| 2017 | $4,917 | $464,300 | $0 | $464,300 |
| 2016 | $4,912 | $446,500 | $0 | $446,500 |
| 2015 | $4,538 | $374,700 | $0 | $374,700 |
| 2014 | $4,278 | $340,100 | $0 | $340,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | For Sale | $689,000 | 0.0% | $997 / Sq Ft |
| 12/03/2019 12/03/19 | Rented | $2,850 | -3.4% | -- |
| 11/07/2019 11/07/19 | For Rent | $2,950 | +31.1% | -- |
| 02/16/2017 02/16/17 | Rented | $2,250 | 0.0% | -- |
| 02/12/2017 02/12/17 | Under Contract | -- | -- | -- |
| 02/04/2017 02/04/17 | For Rent | $2,250 | 0.0% | -- |
| 09/14/2015 09/14/15 | Rented | $2,250 | 0.0% | -- |
| 09/12/2015 09/12/15 | Under Contract | -- | -- | -- |
| 09/08/2015 09/08/15 | Off Market | $2,250 | -- | -- |
| 08/13/2015 08/13/15 | For Rent | $2,590 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | Unknown | |
| Closed | $246,000 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73373614
APN: CBOS-000000-000003-006390-000068
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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