NOT LISTED FOR SALE

40 Thomas Park Unit 1 Boston, MA 02127

South Boston Neighborhood

Estimated Value: $1,164,000 - $1,217,535

3 Beds
4 Baths
1,770 Sq Ft
$678/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2025

Last sale price $1,165,000 $658 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,584 / mo

About This Home

Astounding 1770 Sqft Thomas Park Triplex Condominium. This Beauty features a Renovated Kitchen with Granite Countertops and Stainless Steel Appliances. High ceilings. Gleaming Hardwood floors. Exposed Brick. Huge windows that allow a ton of Sunlight. Laundry In-Unit. Private Rear Deck and Patio w/ yard. Pet Friendly Condo association. Minutes to Andrew Square MBTA. Moments to Carson Beach and Seconds to Shops, Restaurants and all that South Boston has to offer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Feb 28, 2025
Sold by
Lotfi Ali and Lotfi Denise L
Bought by
Clarke Gerard and Clarke Carl
Seller's Agent
Nicole Stabnikov
Coldwell Banker Realty - Newton
Buyer's Agent
The Goodrich Team
Compass
List Price
$1,199,000
Sold Price
$1,165,000
Premium/Discount to List
-$34,000
-2.84%
Views
108
Current Estimated Value
$1,199,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,884
Avg. Annual Appreciation
2.51%
Original Mortgage
$815,000
Outstanding Balance
$803,614
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,270

Purchase Details

Closed on
Mar 9, 2015
Sold by
Thomas Park Design Llc
Bought by
Lotfi Ali R and Lotfi Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Clarke Gerard $1,165,000 None Available
Clarke Gerard $1,165,000 None Available
Lotfi Ali R $800,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Clarke Gerard $815,000
Closed Clarke Gerard $815,000
Previous Owner Lotfi Ali R $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $1,165,000 -2.8% $658 / Sq Ft View Prior Sale
01/27/2025 01/27/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $1,199,000 0.0% $677 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $1,199,000 -- $677 / Sq Ft

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 $13,078 $1,129,400 $0 $1,129,400
2024 $12,284 $1,127,000 $0 $1,127,000
2023 $11,858 $1,104,100 $0 $1,104,100
2022 $11,548 $1,061,400 $0 $1,061,400
2021 $11,103 $1,040,600 $0 $1,040,600
2020 $10,234 $969,100 $0 $969,100
2019 $9,549 $906,000 $0 $906,000
2018 $9,040 $862,600 $0 $862,600
2017 $8,539 $806,300 $0 $806,300
2016 $8,368 $760,700 $0 $760,700
Source: Public Records

Agents Affiliated with this Home

  • Nicole Stabnikov

    Seller's Agent in 2025

    Nicole Stabnikov

    Coldwell Banker Realty - Newton

    (617) 455-1950

    2 in this area

    44 Total Sales

    Nicole Stabnikov
    Section Image
  • Jerome Bibuld

    Seller Co-Listing Agent in 2025

    Jerome Bibuld

    Red Tree Real Estate

    (617) 642-5456

    1 in this area

    97 Total Sales

    Jerome Bibuld
    Section Image
  • The Goodrich Team

    Buyer's Agent in 2025

    The Goodrich Team

    Compass

    (617) 398-4444

    19 in this area

    448 Total Sales

    The Goodrich Team
    Section Image
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Map

Massachusetts Suffolk County Boston 02127 South Boston

40 Thomas Park Unit 1, Boston, MA

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.

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