40 Fay St Unit 505 Boston, MA 02118
South End Neighborhood
1
Bed
1
Bath
691
Sq Ft
$590/mo
HOA Fee
Highlights
- Medical Services
- Property is near public transit
- Elevator
- Landscaped Professionally
- Tennis Courts
- 3-minute walk to The Underground Dog Park
About This Home
As of June 2025Welcome 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:068,4705800
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2025
Closed on
Jun 13, 2025
Sold by
Ricker Andrea M and Cordova Andrea
Bought by
Faystreet505 Llc
Seller's Agent
Alan Duggan
Compass
Buyer's Agent
Jacquelyn O'Connor
Keller Williams Realty Boston-Metro | Back Bay
List Price
$689,000
Sold Price
$680,000
Premium/Discount to List
-$9,000
-1.31%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.55%
Purchase Details
Closed on
May 5, 2014
Sold by
Ricker Andrea M
Bought by
Ricker Andrea M and Cordova Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
4.32%
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 |
|---|---|---|---|
| Condominium Deed | $680,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $325,000 | Unknown | |
| Previous Owner | $246,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Rent | $3,500 | 0.0% | -- |
| 06/20/2025 06/20/25 | Sold | $680,000 | -1.3% | $984 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 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)
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 | $7,587 | $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
Agents Affiliated with this Home
-
Jacquelyn O'Connor
Seller's Agent in 2025
Jacquelyn O'Connor
Keller Williams Realty Boston-Metro | Back Bay
(857) 294-9994
19 in this area
133 Total Sales
-
Alan Duggan
Seller's Agent in 2025
Alan Duggan
Compass
(617) 206-3333
12 in this area
19 Total Sales
-
Sydney O'Keefe
S
Seller Co-Listing Agent in 2025
Sydney O'Keefe
Keller Williams Realty Boston-Metro | Back Bay
(413) 575-1194
1 in this area
19 Total Sales
-
Christina DiNardi
Buyer's Agent in 2019
Christina DiNardi
Keller Williams Realty Boston-Metro | Back Bay
(860) 705-1772
1 in this area
137 Total Sales
-
Christine Mcconville
Seller's Agent in 2017
Christine Mcconville
Coldwell Banker Realty - Boston
(617) 834-0538
6 in this area
36 Total Sales
-
Frank Carroll Homes Team
Buyer's Agent in 2017
Frank Carroll Homes Team
Compass
(617) 721-7461
13 in this area
84 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73373614
APN: CBOS-000000-000003-006390-000068
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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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