$509,000
SOLD MAY 27, 2021
1 Bed
1 Bath
1,500 Sq Ft
$446/mo HOA Fee

Recently Sold

$339 Per Sq Ft

3% Below List Price

52 Days on Market

Highlights

  • Bamboo Flooring
  • Forced Air Heating and Cooling System
  • 4-minute walk to Merritt Park
  • Intercom
  • High Speed Internet

About This Home

As of September 2023

Spencer Lofts was converted into 100 residential brick and beam lofts in 2004 from the Everlastik Shoe Company Factory. Here is one the most coveted lofts at Spencer Lofts. I dub this loft "The Miyagi Do Loft." As the features are reminiscent of a chinese DoJo. The exposed brick walls, rice paper doors, skylight, oak trussed ceilings, cherry hardwood floors and the abundance of natural light make this loft very special place to call home. This bi-level loft has a unique layout that is anchored by the skylight and the fifteen foot ceilings. The kitchen has oak cabinets with granite counters with a breakfast bar and stainless steel appliances. The bathroom features stone floors with radiant heat. The living room featured a rock climbing wall. There is a bedroom below the lofted office guest space. There is a deeded parking space, a common roof deck, a gym and community room. There is in-unit laundry in the large storage area on the other side of the loft. Private Showings only.

Last Agent to Sell the Property

Jeff Bowen

eRealty Advisors, Inc. Listed on: 03/02/2021

eRealty Advisors, Inc.

Last Buyer's Agent

Domenica Giordano

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,171

Year Built

  • Built in 1919

HOA Fees

  • $446 per month

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Bamboo Flooring
  • Year Round Access
  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:059 P:U311

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,171

Year Built

Built in 1919

Lot Details

0

HOA Fees

$446 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise, Low-Rise, Loft
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 339.33
  • Comp Based On: Net Sale Price
  • Year Built: 1919
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 311
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1919

Interior Features

  • Flooring: Bamboo
  • Interior Amenities: Cable Available, Intercom, Internet Available - Broadband, Internet Available - Satellite
  • Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer, Refrigerator - ENERGY STAR
  • No Bedrooms: 1
  • Master Bedroom: On Level: Third Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor
  • No Rooms: 1
  • Kitchen: On Level: Third Floor
  • Laundry: On Level: Third Floor
  • Laundry Features: In Unit
  • Living Room: On Level: Third Floor
  • Basement: Y
  • Other Room 1: Name: Den, On Level: Third Floor
  • No Living Levels: 3
  • Main Lo: AN5773
  • Main So: AN4339
  • Estimated Sq Ft: 1500.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame, Brick, Post & Beam
  • Exterior: Brick
  • Exterior Unit Features: Deck - Roof, Deck - Roof + Access Rights, Decorative Lighting, City View(s), Screens, Gutters, Sprinkler System

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Deeded, Paved Driveway, Exclusive Parking
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air, Individual, Unit Control
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Bike Path, Conservation Area, Highway Access, Marina, Public School, T-Station
  • HOA Fees: 445.87
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Recreational Facilities, Exercise Room, Clubroom, Refuse Removal, Reserve Funds, Management Fee
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Lot Info

  • Assessments: 396600.00
  • Page: 87
  • Parcel Number: M:059 P:U311
  • Zoning: R3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 5310.00
  • Assessor Parcel Number: 4493687
  • Tax Year: 2020

Multi Family

  • No Units: 101
  • No Units Owner Occ: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Sep 29, 2023
Sold by
May Connor
Bought by
Vincenzo Dominic
Seller's Agent
Domenica Giordano
Century 21 North East
Buyer's Agent
James Lonergan
Lonergan Real Estate
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%
Views
136
Current Estimated Value
$554,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,131
Avg. Annual Appreciation
-2.69%
Original Mortgage
$404,000
Outstanding Balance
$396,011
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,150

Purchase Details

Closed on
Mar 3, 2004
Sold by
Spencer Lofts Llc
Bought by
Baquero Diana and Napadow Vitaly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,920
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Condominium Deed $505,000 None Available
Condominium Deed $505,000 None Available
Quit Claim Deed $509,000 None Available
Quit Claim Deed $509,000 None Available
Deed $289,207 --
Deed $289,207 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $404,000 Purchase Money Mortgage
Closed $404,000 Purchase Money Mortgage
Previous Owner $407,200 Purchase Money Mortgage
Previous Owner $183,800 No Value Available
Previous Owner $28,920 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $505,000 -4.5% $337 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $529,000 -3.6% $353 / Sq Ft
06/01/2023 06/01/23 For Sale $549,000 +7.9% $366 / Sq Ft
05/27/2021 05/27/21 Sold $509,000 0.0% $339 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $509,000 -3.0% $339 / Sq Ft
03/02/2021 03/02/21 For Sale $525,000 0.0% $350 / Sq Ft
04/04/2014 04/04/14 Rented $2,000 -9.1% --
04/04/2014 04/04/14 For Rent $2,200 +10.0% --
03/30/2012 03/30/12 Rented $2,000 0.0% --
03/30/2012 03/30/12 For Rent $2,000 -- --
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 $5,171 $449,300 $0 $449,300
2024 $5,711 $479,900 $0 $479,900
2023 $5,570 $449,900 $0 $449,900
2022 $5,806 $438,200 $0 $438,200
2021 $5,742 $421,600 $0 $421,600
2020 $5,310 $396,600 $0 $396,600
2019 $5,599 $392,900 $0 $392,900
2018 $5,199 $368,700 $0 $368,700
2017 $4,179 $291,400 $0 $291,400
2016 $3,725 $261,400 $0 $261,400
2015 $3,676 $255,300 $0 $255,300
2014 $3,457 $232,300 $0 $232,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72792130

MLS Property Information Network (MLS PIN)

APN: CHEL-000059-000000-U000000-000311