R
Seller's Agent in 2024
Ricky Barua
New Wave Boston Real Estate, LLC
1 in this area
9 Total Sales
483 Beacon St Unit 43 Boston, MA 02115
Back Bay Neighborhood
1
Bed
1
Bath
335
Sq Ft
$140/mo
HOA Fee
Highlights
- Medical Services
- 3-minute walk to Hynes Convention Center Station
- Elevator
- Property is near public transit
- Jogging Path
- Window Unit Cooling System
About This Home
As of December 2024Great Investment Opportunity! With high monthly rent potential and extremely low condo fees (which have barely increased in 20 years), this easy to rent condo offers an ideal cash flow opportunity as a reliable and consistent rental property. Minimal rent restrictions apply as students and pets are allowed, commanding higher monthly rent potential by providing the owner with a larger selection of prospective tenants, including those who normally would face high restrictions in their apartment search. Situated in the highly sought-after Beacon Towers in Back Bay, the location couldn't be better, whether for an owner occupant or an investor. It is currently rented at $2550 until 8/31/25. This condo presents an excellent opportunity for any investor looking to capitalize on Boston's hot rental market.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,237
Year Built
- Built in 1898
HOA Fees
- $140 Monthly HOA Fees
Home Design
- Entry on the 4th floor
Interior Spaces
- 335 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number W:05 P:03644 S:046,3349163
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
- 85 Units
- Mid-Rise Condominium
- Beacon Towers Community
Amenities
- Medical Services
- Shops
- Elevator
Recreation
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 13, 2000
Sold by
Magnusen Mark
Bought by
Lee Bernard
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
$92,250
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 1996
Sold by
Zachmatt Rt and Sabel Paul D
Bought by
Magnusen Mark N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Deed | $102,500 | -- | |
| Deed | $102,500 | -- | |
| Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Purchase Money Mortgage | |
| Closed | $300,000 | Purchase Money Mortgage | |
| Closed | $92,250 | Purchase Money Mortgage | |
| Previous Owner | $45,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $480,000 | -1.8% | $1,433 / Sq Ft |
| 09/07/2024 09/07/24 | Pending | -- | -- | -- |
| 08/21/2024 08/21/24 | For Sale | $489,000 | 0.0% | $1,460 / Sq Ft |
| 08/21/2024 08/21/24 | Rented | $2,550 | +2.0% | -- |
| 07/31/2024 07/31/24 | Price Changed | $2,500 | -3.8% | $7 / Sq Ft |
| 07/11/2024 07/11/24 | Price Changed | $2,600 | 0.0% | $8 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 07/09/2024 07/09/24 | For Rent | $2,550 | 0.0% | -- |
| 06/14/2024 06/14/24 | Price Changed | $489,000 | -8.6% | $1,460 / Sq Ft |
| 06/05/2024 06/05/24 | For Sale | $535,000 | 0.0% | $1,597 / Sq Ft |
| 05/01/2023 05/01/23 | Rented | $2,475 | 0.0% | -- |
| 04/14/2023 04/14/23 | Under Contract | -- | -- | -- |
| 03/28/2023 03/28/23 | For Rent | $2,475 | +12.5% | -- |
| 04/12/2022 04/12/22 | Rented | $2,200 | 0.0% | -- |
| 04/01/2022 04/01/22 | Under Contract | -- | -- | -- |
| 03/28/2022 03/28/22 | For Rent | $2,200 | +10.3% | -- |
| 05/25/2021 05/25/21 | Rented | $1,995 | 0.0% | -- |
| 05/25/2021 05/25/21 | Under Contract | -- | -- | -- |
| 04/05/2021 04/05/21 | For Rent | $1,995 | 0.0% | -- |
| 06/19/2020 06/19/20 | Rented | $1,995 | 0.0% | -- |
| 06/15/2020 06/15/20 | Under Contract | -- | -- | -- |
| 05/26/2020 05/26/20 | Price Changed | $1,995 | -13.3% | $6 / Sq Ft |
| 03/26/2020 03/26/20 | For Rent | $2,300 | 0.0% | -- |
| 03/14/2020 03/14/20 | Off Market | $2,300 | -- | -- |
| 03/05/2020 03/05/20 | For Rent | $2,300 | +19.5% | -- |
| 01/12/2019 01/12/19 | Rented | $1,925 | 0.0% | -- |
| 01/11/2019 01/11/19 | For Rent | $1,925 | 0.0% | -- |
| 01/11/2019 01/11/19 | Off Market | $1,925 | -- | -- |
| 01/05/2019 01/05/19 | Price Changed | $1,925 | -8.3% | $5 / Sq Ft |
| 01/03/2019 01/03/19 | Price Changed | $2,100 | -4.5% | $5 / Sq Ft |
| 12/27/2018 12/27/18 | For Rent | $2,200 | -- | -- |
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 | $5,562 | $480,300 | $0 | $480,300 |
| 2024 | $5,237 | $480,500 | $0 | $480,500 |
| 2023 | $4,915 | $457,600 | $0 | $457,600 |
| 2022 | $4,881 | $448,600 | $0 | $448,600 |
| 2021 | $4,787 | $448,600 | $0 | $448,600 |
| 2020 | $4,251 | $402,600 | $0 | $402,600 |
| 2019 | $4,158 | $394,500 | $0 | $394,500 |
| 2018 | $3,900 | $372,100 | $0 | $372,100 |
| 2017 | $3,789 | $357,800 | $0 | $357,800 |
| 2016 | $3,678 | $334,400 | $0 | $334,400 |
| 2015 | $3,457 | $285,500 | $0 | $285,500 |
| 2014 | $3,202 | $254,500 | $0 | $254,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ricky Barua
-
Shant Koutoujian
S
Seller's Agent in 2024
Shant Koutoujian
New Wave Boston Real Estate, LLC
(617) 259-1760
1 Total Sale
-
Bridget Fortunate
Buyer's Agent in 2024
Bridget Fortunate
Elevated Realty, LLC
(586) 944-5566
10 in this area
84 Total Sales
-
Weidong Li
W
Buyer's Agent in 2023
Weidong Li
WINN Real Estate & Consulting
(617) 306-0648
4 in this area
105 Total Sales
-
The Movement Group
Buyer's Agent in 2022
The Movement Group
Compass
(781) 854-1624
334 Total Sales
-
Brian Caluori
Buyer's Agent in 2021
Brian Caluori
Gibson Sothebys International Realty
(518) 423-0309
3 in this area
86 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73247116
APN: CBOS-000000-000005-003644-000046
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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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