NOT LISTED FOR SALE

Quincy Towers 500 Washington St Unit 506 Floor 5 Quincy, MA 02169

Quincy Point Neighborhood

Estimated Value: $391,000 - $426,000

2 Beds
2 Baths
976 Sq Ft
1988 Built

Last Sold October 08, 2021

Last sale price $330,000 $338 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,515/month

Highlights

  • Solid Surface Countertops
  • Walk-In Closet
  • Sliding Doors
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of December 2021

Conveniently located rental unit at Quincy Towers on the 5th floor Unit #506. Apartment consists of 2 bedrooms and 2 full baths, spacious living room and fully equipped appliance kitchen. Slider from living room to private balcony. In unit washer/ dryer. Central AC and heat. Brand new laminate flooring recently installed. Amenities include indoor heated swimming pool, exercise room, and storage room (#49) in basement. Assigned 1 car parking space( #22) with plenty of visitor parking. Minutes to shopping, restaurants, and bus stop.

Last Agent to Rent the Property

David Woo

David Woo Associates Listed on: 11/11/2021

Last Renter's Agent

David Woo

David Woo Associates Listed on: 11/11/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,354

Year Built

  • 1988

Interior Spaces

  • Light Fixtures
  • Sliding Doors
  • Solid Surface Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround

Additional Features

  • Balcony
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,850

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,354

Year Built

1988

Lot Details

0

Rental Info

  • Available Now: Yes
  • Deposit Required: No
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1850
  • Lease Term: Term of Rental(12+)

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Round: Yes
  • CoOp Comp: 50/50
  • Directions: Southern Artery Rt 3A Washington St to Quincy Towers Condominiums across from 7/11 store
  • Property Attached Yn: Yes
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Room Bedroom2 Features: Flooring - Laminate
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Laminate, Cable Hookup
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Tiled With Tub
  • Bathroom 2 Features: Bathroom - Tiled With Tub
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Overhead
  • Room Living Room Features: Flooring - Laminate, Balcony - Exterior, Cable Hookup, Slider
  • MAIN LO: BB1640
  • MAIN SO: BB1640
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Elevator, Single Living Level, Internet Available - Broadband
  • Other Equipment: Intercom

Exterior Features

  • Exterior Features: Balcony
  • Disclosures: Tenant Is Responsible For Move In Fee And Regulations Governed By Condo Association. Tenant Pays For Electricity. Pictures Show Carpeting Which Has Since Been Replaced With New Laminate Flooring.
  • Pool Features: In Ground
  • Waterfront Features: 1/2 to 1 Mile To Beach
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Public Transportation, Shopping, Highway Access, Public School
  • Pets Allowed: No
  • HOA Rent Includes: Water, Trash Collection, Snow Removal, Gardener, Extra Storage, Laundry Facilities, Parking
  • Senior Community: No

Lot Info

  • LOT SIZE: 99999
  • Farm Land Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Oct 8, 2021
Sold by
Yu David Z and Tong Lily K
Bought by
Tsang Garry and Tan Kai
Seller's Agent
David Woo
David Woo Associates
Buyer's Agent
David Woo
David Woo Associates
Sold Price
$1,850
Current Estimated Value
$408,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,859
Avg. Annual Appreciation
5.28%
Original Mortgage
$247,500
Outstanding Balance
$227,138
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,571

Purchase Details

Closed on
Mar 5, 2004
Sold by
Yu David Zf
Bought by
Yu David Z F and Tong Lily K

Purchase Details

Closed on
May 15, 2001
Sold by
Barry Kevin F
Bought by
Yu David Zf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1991
Sold by
Quincy Towers Inc
Bought by
Barry Kevin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
9.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Tsang Garry $330,000 None Available
Yu David Z F -- --
Yu David Zf $175,000 --
Barry Kevin F $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Garry $247,500
Previous Owner Barry Kevin F $140,000
Previous Owner Barry Kevin F $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Rented -- -- --
11/23/2021 11/23/21 Under Contract -- -- --
11/11/2021 11/11/21 For Rent $1,850 0.0% --
10/08/2021 10/08/21 Sold $330,000 +0.3% $338 / Sq Ft View Prior Sale
08/21/2021 08/21/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $329,000 -- $337 / 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 $4,354 $377,600 $0 $377,600
2024 $3,889 $345,100 $0 $345,100
2023 $3,601 $323,500 $0 $323,500
2022 $3,770 $314,700 $0 $314,700
2021 $3,830 $315,500 $0 $315,500
2020 $3,773 $303,500 $0 $303,500
2019 $3,485 $277,700 $0 $277,700
2018 $3,036 $227,600 $0 $227,600
2017 $3,195 $225,500 $0 $225,500
2016 $3,205 $223,200 $0 $223,200
2015 $3,092 $211,800 $0 $211,800
2014 $2,788 $187,600 $0 $187,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shu Ngon Chau

    Tai Tung Realty, Inc.

    (617) 308-3882

    1 in this area

    19 Total Sales

    Shu Ngon Chau
    Section Image

  • D

    Landlord's Agent in 2021

    David Woo

    David Woo Associates

    (617) 538-5352

    1 in this area

    10 Total Sales

    David Woo
    Section Image
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About Quincy Towers

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72919296

MLS Property Information Network (MLS PIN)

APN: QUIN-002011-000051-000506

Massachusetts Norfolk County Quincy 02169 Quincy Point

500 Washington St Unit 506, Quincy, MA

Not Listed for Sale

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