What $2.7 Million Buys in South End Boston

Look down at your feet.

See that one square foot that your feet are resting on, what if it cost $1,242.52 for your feet to be there.

That’s what the new owner of unit 401 at the Wilkes Passage condominiums in Boston’s South End enjoys. 3 bedrooms and 2.5 baths for $2,700,000, each one of the 2,173 square feet running $1,242.52 a piece.

1313 Washington Street Unit 401 Boston, MA 02118, which most recently sold on August 6, 2014 after being on the market for just 22 days, also has the distinction of being the most expansive condo to sell in the South End during the summer of 2014.

South End Boston Million Dollar Condos

Property Description: Spectacular loft at Wilkes Passage, a full-service elevator building, has three exposures with sweeping views of Peter’s Park, the city skyline & neighborhood rooftops.The open living/dining area steps out to a dramatic 900 sq.ft. private landscaped terrace.With views on three sides, the living room has a Spark gas fireplace & custom window seat w/ storage. The sleek chef’s kitchen w/ caesarstone countertops, dual ovens & dishwashers blends nicely into the living space with a long wall of custom cabinetry.Two large bedrooms have en-suite baths, walk-in closets & charming views.The den/library with custom floor-to-ceiling bookshelves and barn door opening leads to a great home office. Wonderful large wall of built-in storage closets & drawers in entry hall. 24 hr concierge, garage parking for two cars, irrigation system. Recently featured in Design New England. Google “A Novel Move Design New England”. This dramatic space must be seen in person.

Wilkes Passage, a contemporary South End condo development constructed in 2002 boasts a number of high end amenities from an onsite concierge to multi-level underground garage parking.

While Realtor Laura Spence served as the listing agent for this moat recent sale of unit 401 at Wilkes Passage, Realtor Lucas Garofalo represented the buyer and took home a 2.5% buyer’s agent commission according to MLS data, or $67,500.

The $1,340 monthly HOA fee for unit 401 includes heat, hot water, gas, water, sewer, master insurance, and elevator. The monthly condo fee includes a $140 garage parking fee (the sale of unit 401 was accompanied by two garage parking spaces in the Wilkes Passage parking garage).

Over the past six months, there have been five other condos that sold at Wilkes Passage. The average days on market for these units was 43 days – so unit 401 sold nearly twice as fast as the building’s average, somewhat surprising given that unit 401 was nearly two times the price of the next most expensive sale in the building. The average price per square foot of sold units at Wilkes Passage was $830, so the new owner of unit 401 paid a hefty premium above the market trend at Wilkes Passage – more than likely, to capture the triple exposure condo and the 900 square foot private roof deck, both of which are hard to come by in the South End, however, was it worth a 50% premium? The new owner apparently thought so.

South End Boston Roof Deck

South End Boston Luxury Bathroom

Wilkes Passage Boston Open House

Morning sunshine streams through the beautifully maintained, two-bedroom two-bathroom + den, in the highly sought-after concierge-staffed Wilkes Passage condo development. Unit 507 at Wilkes Passage boasts approximately 1,675 square feet of living space all on one floor and is listed at $1,175,000.

This modern unit contains many custom upgrades, which include wall lighting, hardwood floors, California closets, built-in book cases, hardwood entertainment wall unit and ceiling speakers, and cushioned window seats with storage.

Unit 507 at Wilkes Passage is accompanied by a deeded, heated, tandem garage parking space that can accommodate two (2) cars, and is ideally situated close to elevators for maximum convenience. Residents also enjoy great city views from the common roof deck.

Open Houses in Boston Today

Unit 507 at Wilkes Passage, located at 1313 Washington Street in Boston’s South End, will be held open on March 7, 2010 from 1:00 PM to 3:00 PM. Private showings are also available by appointment. For additional photos, a visual tour, printable floor plans and more, please visit www.WilkesPassageUnit507.com.

Wilkes Passage Unit 507

Wilkes Passage Unit 507

Wilkes Passage Unit 507

Wilkes Passage Unit 507

Laconia Lofts South End Open House

Laconia Lofts is one of the South End’s most sought after loft-style condo developments in the SOWA (south of Washington) area. Constructed in 2000, the lofts were originally unfinished when sold, and each has taken on a unique flair, comprising a dazzling set of unique spaces.

Unit 223 is a 2,116 square foot 3 bedroom 3 bathroom corner unit that boasts custom architecture, numerous upgrades, huge windows, and a single deeded garage parking space. The unit is priced at $1,199,000 ($567 per square foot), and has monthly HOA condo fees of $706.

The 99-unit development is capped by a common roof deck with stunning city views. An open house will take place at 1180-1200 Washington Street Unit 223 on Sunday, August 23, 2009 from 11:30 AM to 1:00 PM.

Laconia Lofts Unit 223

Laconia Lofts Roof Deck

Wilkes Passage Condo Sales Now and Then

After a South End Wilkes Passage condo sold for full asking price in early February, it was time to take a look at pricing at the development.  Wilkes Passage is a 158-unit high-end loft-style condo development in Boston’s South End.  Over the past several years, the building has seen a turnover rate of approximately 10% per year, and given the development’s size, there are almost always units on the market for sale.

According the Boston MLS, on February 2, 2009, unit 509, a 1,889 square foot two-bedroom two-bathroom unit sold for full (original) asking price of $1,050,000.  That’s approximately $556 a square foot, and is in line with the $563 per per square foot seen for the four units in the building that sold over the past 3 months.  However, a year on year comparison shows that average price per square foot at Wilkes Passage has gone down.

1313 Washington Street

For the same three month period in 2007-2008, there were again four units that sold at Wilkes Passage, however, a year ago, the average price per square foot was approximately $636, a 13% decrease year on year for the South End condo development.  Two of the four units (in both years) were luxury $1 million+ units, and based on a recent article (see Downtown Boston Market Slows in Piecemeal), the luxury market has seen slowdowns in the past year versus appreciation seen in the under $1 million market.

There are currently three condos for sale at Wilkes Passage, priced from $429,000 (790 square foot one-bedroom) to $775,000 (1,459 square foot one-bedroom), with an average price per square foot of $514. Additionally, there are multiple deeded garage parking spaces for sale in Wilkes’ underground parking garage.

Laconia Lofts South End Open House

A 1,200 square foot sleek and modern space at the South End’s elevator served Laconia Lofts is our Featured Open House of the week. Recently listed at $499,900, this open loft space features cork floors, a custom designed kitchen with maple cabinets, stainless appliances, Bosch dishwasher, gas cooking, and a Franke sink. The full bath features a Bosch-Poscher sink and water closet, and Grohe fixtures. This loft-style condo is priced below $450 per square foot, and carries a $413 HOA fee.

Sounds like an excellent living space, but the pictures below tell a different story, as it is currently being used as a work space. Look past this however, and see what this Boston loft has to offer you at the open house taking place on Sunday, February 10, 2008 from 12:30 PM to 2:30 PM, located at 1200 Washington Street.




Wilkes Passage Condo Development Open House

One of our favorite buildings in the South End is Wilkes Passage (1313 Washington Street), where there has been quite a bit of activity over the past 6 months (13 have sold, 2 are Under Agreement, and 2 are currently available).

Our Featured Open House of the week is unit 220 at Wilkes Passage, a 1,459 square foot one-bedroom one-bathroom loft-style condo. If you are not familiar with the Wilkes Passage Lofts, units are similar in the sense that they are all high-end, with gorgeous kitchens and baths, and open floor plans. The development hosts a 24 hour concierge, and garage parking is available for purchase with the unit.

The open house will take pace on Sunday, December 09, 2007, from 12:00 PM to 1:30 PM. For more information on the other unit available at Wilkes Passage (unit 411, 919 square feet, $528K, $5K closing credit to Buyer), please feel free to contact us.

Wilkes Passage

Wilkes Passage

Wilkes Passage

The Most Expensive South End Condo

You have seen our recent post on the cheapest South End condo, so we thought we would treat you to a look at the most expensive South End condo that is currently on the market.

You might think $2 million, or perhaps $3 million will get you the most expensive unit in Boston’s South End, try $5 million. Currently, 1280 Washington Street is being offered at $4,999,000 for almost 6,000 square feet of living space. Being priced at $851 per square foot actually makes it a reasonable buy, given the quality of features, but, you’ve got to buy 5,868 square feet.

Ricardo Rodriguez, a local Coldwell Banker agent, is representing the Seller. We have a friendly bet going with Ricardo that Boston Condo Guy will find a Buyer for the unit, so don’t let us down 🙂

Learn more about working with Boston Condo Guy on your next condo purchase.

The Penthouse at 1280 Washington Street, winner of a “Luxury Home” Award, offers approximately 5,868 square feet of exciting, clean & modern living by renowned interior designer Dennis Duffy. Four bedrooms, including a private fitness room, an award winning screening room, bar, and Crestron systems make this unique home the ultimate urban experience. Emerge to the approximate 2500 square foot roof top & find yourself surrounded by sky. Enjoy views of the city, dining area, Jacuzzi, & outdoor shower in this sophisticated and beautiful city oasis.

Contact us to setup a private showing.

Most Expensive South End Condo

Most Expensive South End Condo

Most Expensive South End Condo

Most Expensive South End Condo

Mass Exodus from Wilkes Passage

Over the past week, there have been 4 new resale listings that have sprouted up in Wilkes Passage 1313 Washington Avenue, an unassuming looking condo development in the South End that has gorgeous interiors and underground garage parking. Combining the recent listings with the existing ones takes the total to 8 available units in the building. Granted, Wilkes Passage is one of the largest developments in the South End with 150+ units, but, it’s still rather unique to see this number of listings come in short succession out of the same development. Perhaps Sellers are trying to take advantage of the last Fall push of Buyers before we all go into hibernation for the Winter.

Regardless of the reasoning behind it, the pickings are good. Prices range from $539,000 to $1,150,000 and in size from 919 to 1,918 square feet. Garage parking appears to be included in all but two of the available units.

For more details on any of the units for sale at Wilkes Passage, or surrounding South End condo developments, please contact us.