NOT LISTED FOR SALE

588 Tremont St Unit 1 Boston, MA 02118

South End Neighborhood

Estimated Value: $2,561,000 - $2,862,000

3 Beds
2.5 Baths
2,097 Sq Ft
2,091 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $2,275,000 $1,085 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $17,200/month

Highlights

  • Medical Services
  • 1 Fireplace
  • Jogging Path
  • Property is near public transit
  • Tennis Courts
  • 3-minute walk to Ringgold Park

About This Home

As of July 2024

Step through the private street-level entrance into this oversized 3 bedroom, 2.5 bath exquisitely crafted duplex with newly upgraded chef's kitchen. This stunning home was renovated in 2023 and is designed for easy living and elegant entertaining. Wide-open living level features recessed lighting and gleaming hardwood floors. Spacious living room with gas fireplace and two sets of French doors out to large, tiered landscaped garden and patio. Separate dining area with plenty of room for large table opens to huge center-island kitchen with breakfast bar, stone counters and stainless steel appliances. Convenient half bath on this level. Upstairs are three bedrooms including gorgeous main suite with Juliet balcony overlooking the garden and marble bath with double sinks and walk-in shower. This special home offers gas heat, central A/C, laundry closet and excellent storage throughout. A beauty right in the heart of Boston's desirable South End! Parking space is available.

Last Agent to Rent the Property

Steven Cohen Team

Keller Williams Realty Boston-Metro | Back Bay Listed on: 06/13/2024

Keller Williams Realty Boston-Metro | Back Bay

Co-Listed By

Joseph Maiorana

Keller Williams Realty Boston-Metro | Back Bay

Last Renter's Agent

The Biega + Kilgore Team

Compass

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,630

Year Built

  • Built in 1899

Lot Details

  • 2,091

Parking

  • 1 Car Parking Space

Interior Spaces

  • 2,097 Sq Ft Home
  • 1 Fireplace
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $7,950
  • Property Available on 9/1/24
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number W:03 P:06925 S:002,4891216

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$27,630

Year Built

Built in 1899

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 7950

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1899
  • Entry Level: 1
  • Year Built Details: Actual
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Oven, Dishwasher, Microwave
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: In Unit
  • Living Area: 2097
  • Spa YN: No
  • MAIN LO: BB5522
  • LIST PRICE PER Sq Ft: 3.79
  • PRICE PER Sq Ft: 3.74
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Patio - Enclosed
  • Home Warranty YN: No
  • Patio And Porch Features: Patio - Enclosed
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Public School
  • Rent Includes: Water
  • Senior Community YN: No
  • UNIT BUILDING: 1

Lot Info

  • Parcel Number: W:03 P:06925 S:002,4891216
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2097
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 2, 2024
Sold by
Gallagher Sean
Bought by
588 Tremont St Unit 1 Llc
Seller's Agent
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
The Biega + Kilgore Team
Compass
Sold Price
$7,850
Views
2
Current Estimated Value
$2,733,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,726,104

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 18, 2018
Sold by
Banks Taylor A and Hood-Banks Merrell
Bought by
Gallagher Susan C and Gallagher Sean
Seller's Agent
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Amy Carlisle
Compass
List Price
$2,275,000
Sold Price
$2,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$1,820,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2015
Closed on
Apr 30, 2015
Sold by
Gegler Eugene S and Gegler Mary D
Bought by
Banks Taylor A and Banks Merrell H
Seller's Agent
Hanneman and Gonzales Team
Compass
Buyer's Agent
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
List Price
$1,875,000
Sold Price
$1,931,000
Premium/Discount to List
$56,000
2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,544,800
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 3, 2012
Closed on
Apr 25, 2012
Sold by
588 Tremont Llc
Bought by
Gegler Eugene S and Gegler Mary D
Seller's Agent
John Neale
Sprogis & Neale Real Estate
Buyer's Agent
John Neale
Sprogis & Neale Real Estate
List Price
$1,495,000
Sold Price
$1,475,000
Premium/Discount to List
-$20,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$1,180,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
588 Tremont St Unit 1 Llc -- None Available
588 Tremont St Unit 1 Llc -- None Available
Gallagher Susan C $2,275,000 --
Gallagher Susan C $2,275,000 --
Banks Taylor A $1,931,000 --
Gegler Eugene S $1,475,000 --
Gegler Eugene S $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Susan C $1,820,000
Previous Owner Banks Taylor A $1,544,800
Previous Owner Gegler Eugene S $85,000
Previous Owner Gegler Eugene S $1,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Rented $7,850 -1.3% --
06/24/2024 06/24/24 Under Contract -- -- --
06/13/2024 06/13/24 For Rent $7,950 0.0% --
05/18/2018 05/18/18 Sold $2,275,000 0.0% $1,085 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $2,275,000 +17.8% $1,085 / Sq Ft
04/30/2015 04/30/15 Sold $1,931,000 0.0% $921 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/15/2015 03/15/15 Off Market $1,931,000 -- --
03/08/2015 03/08/15 For Sale $1,875,000 +27.1% $894 / Sq Ft
04/25/2012 04/25/12 Sold $1,475,000 -4.5% $703 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/27/2012 01/27/12 Price Changed $1,545,000 +3.3% $737 / Sq Ft
01/03/2012 01/03/12 For Sale $1,495,000 -- $713 / 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 $27,630 $2,386,000 $0 $2,386,000
2024 $25,239 $2,315,500 $0 $2,315,500
2023 $24,372 $2,269,300 $0 $2,269,300
2022 $24,450 $2,247,200 $0 $2,247,200
2021 $23,508 $2,203,200 $0 $2,203,200
2020 $22,137 $2,096,300 $0 $2,096,300
2019 $21,447 $2,034,800 $0 $2,034,800
2018 $19,581 $1,868,400 $0 $1,868,400
2017 $18,844 $1,779,400 $0 $1,779,400
2016 $16,712 $1,519,300 $0 $1,519,300
2015 $16,066 $1,326,700 $0 $1,326,700
2014 $15,146 $1,204,000 $0 $1,204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73251769

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-006925-000002