Another Boston South End Condo Auction

Keeping the spirit of Boston condo auctions (see Broadluxe Financial District Condo Auction), a unique situation has popped up in the South End along Warren Avenue. There will be a condo auction this weekend for a single unit at 99 Warren Avenue. Unit 2 at 99 Warren Avenue is currently listed in the Boston MLS for sale, however, the intent is to conduct what looks like a sealed bid auction over the weekend.

99 Warren Avenue Unit 2 is listed on the MLS at $699,000 ($529 per square foot), and is a 1,322 square foot duplex that boasts two bedrooms and two bathrooms, and a great roof deck. Additionally, a deeded land-use area that can be used to park a car off-street is included (parking). This is a two-unit HOA under a new conversion, and the HOA fees (which include water, sewer, and master insurance) are estimated at $275.

Minimum bids are starting at $699,000, and the listing agent, Betsy Herald, will be showing the unit today from 4:30 – 6pm, Saturday from 11am – 1pm, and Sunday from 2:30 – 3:45pm. Standard Offer to Purchase forms are being accepted with a $1,000 earnest money deposit. All offers should be submitted by Monday, June 16, 2008 at Noon. For more details, please contact us using the link at the top of this page.

Auction Results: multiple offers were received and the unit, according to the Boston MLS, went Under Agreement on June 18, 2008. For undisclosed reasons, the property was put back on the market on July 14, 2008 at a listing price of $799,000, and then reduced to $769,000 on August 8, 2008, and went Under Agreement on August 20, 2008.