NOT LISTED FOR SALE

5 Otis Place Unit 1 Boston, MA 02108

Beacon Hill Neighborhood

Estimated Value: $1,642,000 - $2,358,000

2 Beds
3 Baths
1,350 Sq Ft
$571/mo HOA Fee

Last Sold January 22, 2020

Last sale price $1,600,000 $1,185 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,952/month

29 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • Central Heating and Cooling System

About This Home

As of January 2020

Wonderful 2 bedroom / 2.5 bath condominium on the flat of Beacon Hill with direct elevator access and central A/C. The living room has 12 ft ceilings with detailed woodwork and 7 ft windows. The eat in kitchen has granite counters, Sub-zero fridge, Bosch dishwasher and a Bertazzoni stove. The association is 100% owner occupied.

Last Agent to Sell the Property

Eric Hersum

Back Bay Properties Corp. Listed on: 11/21/2019

Last Buyer's Agent

Ivy A. Turner

Keller Williams Realty Boston-Metro | Back Bay

Keller Williams Realty Boston-Metro | Back Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,064

Year Built

  • Built in 2005

Lot Details

  • 1,350

HOA Fees

  • $571 per month

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Wood Flooring
  • Year Round Access

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,064

Year Built

Built in 2005

Lot Details

0

HOA Fees

$571 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 1258.52
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 2005
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 2
  • Unit Placement: Upper, Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 11X17, Flooring - Hardwood, Window(s) - Picture
  • Bedroom 2: On Level: Second Floor, Dimension: 20X14, Closet - Walk-in, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • No Rooms: 4
  • Dining Room: Dimension: 8X9, Flooring - Hardwood, High Speed Internet Hookup
  • Kitchen: On Level: First Floor, Dimension: 11X9, Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Gas Stove
  • Laundry: On Level: First Floor, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 26X27, Fireplace, Ceiling - Beamed, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • No Living Levels: 2
  • Main Lo: NB2757
  • Main So: BB5522
  • Estimated Sq Ft: 1350.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Cooling: Central Air, Individual
  • Heating: Central Heat, Individual
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Oven, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Bike Path
  • HOA Fees: 570.77
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: 5 Otis Place Condominium Trust

Lot Info

  • Assessments: 1236400.00
  • Page: 30
  • Zoning: res

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 10358.88
  • Assessor Parcel Number: 4673761

Multi Family

  • No Units: 4
  • No Units Owner Occ: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 20, 2020
Sold by
Richard S Carroll 2000 T
Bought by
Fava Maurizio and Fava Lamon
Seller's Agent
Eric Hersum
Back Bay Properties Corp.
Buyer's Agent
Ivy A. Turner
Keller Williams Realty Boston-Metro | Back Bay
List Price
$1,699,000
Sold Price
$1,600,000
Premium/Discount to List
-$99,000
-5.83%
Current Estimated Value
$2,049,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,637
Avg. Annual Appreciation
4.55%
Original Mortgage
$400,000
Outstanding Balance
$358,730
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,690,907

Purchase Details

Listed on
May 1, 2012
Closed on
Sep 7, 2012
Sold by
Simmons Edward J and Simmons Georgina M
Bought by
Richard S Carroll T
Seller's Agent
Brad Hartz
Compass
Buyer's Agent
Christopher Carroll
Back Bay Properties Corp.
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Aug 18, 2009
Sold by
Healy Lee-Ann and Healy Philip
Bought by
Simmons Edward J and Simmons Georgina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Cairns Rt and Cairns Albert
Bought by
Healy Lee-Ann and Healy Philip
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Fava Maurizio $1,600,000 None Available
Richard S Carroll T $1,150,000 --
Simmons Edward J $1,100,000 --
Healy Lee-Ann $965,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fava Maurizio $400,000
Previous Owner Healy Philip $352,000
Previous Owner Simmons Edward J $350,000
Previous Owner Healy Philip $360,000
Previous Owner Healy Philip $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $1,600,000 -5.8% $1,185 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $1,699,000 +47.7% $1,259 / Sq Ft
09/07/2012 09/07/12 Sold $1,150,000 -6.1% $852 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $1,225,000 -- $907 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $18,064 $1,559,900 $0 $1,559,900
2024 $17,003 $1,559,900 $0 $1,559,900
2023 $16,101 $1,499,200 $0 $1,499,200
2022 $15,681 $1,441,300 $0 $1,441,300
2021 $15,019 $1,407,600 $0 $1,407,600
2020 $13,581 $1,286,100 $0 $1,286,100
2019 $13,032 $1,236,400 $0 $1,236,400
2018 $12,225 $1,166,500 $0 $1,166,500
2017 $11,994 $1,132,600 $0 $1,132,600
2016 $11,644 $1,058,500 $0 $1,058,500
2015 $13,171 $1,087,600 $0 $1,087,600
2014 $12,672 $1,007,300 $0 $1,007,300
Source: Public Records

Agents Affiliated with this Home

  • Eric Hersum

    Seller's Agent in 2020

    Eric Hersum

    Back Bay Properties Corp.

    (617) 728-7200

    7 Total Sales

    Section Image

  • I

    Buyer's Agent in 2020

    Ivy A. Turner

    Keller Williams Realty Boston-Metro | Back Bay

    Section Image
  • Brad Hartz

    Seller's Agent in 2012

    Brad Hartz

    Compass

    (617) 991-6052

    2 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Christopher Carroll

    Back Bay Properties Corp.

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72594794

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-002526-000004

Massachusetts Suffolk County Boston 02108 Beacon Hill

5 Otis Place Unit 1, Boston, MA

This home is located at 5 Otis Place Unit 1, Boston, MA 02108 since 21 November 2019 and is currently estimated at $2,049,637, approximately $1,518 per square foot. This property was built in 2005. 5 Otis Place Unit 1 is a home located in Suffolk County with nearby schools including Advent School, Park Street School, and Torit Montessori School.

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