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

Gateway Terrace 40 Fay Street Open House

Our Featured Open House of the week is a stunning 1+ bedroom 1 bathroom unit at the South End’s Gateway Terrace condo development, specifically, the Hallett building at 40 Fay Street.

We’ve been talking a lot about multiple exposures lately (see Leather District Lofts with Multiple Exposures), and this unit doesn’t disappoint. Gateway Terrace was completed in 2005, and there are 130+ units across the three building development, 46 being in the Hallett building, which stays more quiet due to the buffer it enjoys from Harrison Avenue and Washington Street.

Unit 202 at 40 Fay Street is listed at $469,000, offers 886 square feet ($529 per square foot), multiple exposures, bamboo flooring, cherry cabinets, granite counters, Franke faucet and sink, Fisher & Paykel refrigerator and dishwasher, Bosch wall oven, gas cooking, and Bosch washer/dryer. Deeded parking is available to purchase separately for $60,000 or to rent for $250 per month.

The open house will take place on Sunday, December 2, 2007 from 2:15 PM to 3:30 PM. Kim Baccari is the listing agent representing the Seller. Should you need Buyer’s Agent representation for this South End condo, or any other unit in Boston, please contact us.

Gateway Terrace Multiple Exposures

40 Fay Street Unit 202 Kitchen

676 Tremont Street

You’ve more than likely seen the ads, or perhaps the giant banner that hangs on the corner of Tremont Street and West Newton Street, 676 Tremont Street is anchoring a block of brownstones along Tremont that are poised for upscale renovations.

676 Tremont Street is a 5-unit gut rehab of an 1889 brownstone. It houses a 2+ bedroom 2 bath duplex along the ground floor priced at $989,000, and four other units through the remainder of the building priced in the $600s. The building is capped off with the penthouse unit, a 2 bedroom 1 bathroom condo with a private roofdeck priced at $659,000.

Unit 4, which was listed at $639,000 went Under Agreement on November 6th, leaving the duplex, and 3 two-bedroom units remaining.

Units feature very high-end finishes, with Brazilian cherry hardwood floors, Viking and Bosch kitchens, energy efficient windows, central AC, and gioa marble bathrooms. The duplex comes with one deeded parking space, and the remainder of parking is available for purchase on a first come first served basis for $50,000 per spot.

We covered 676 Tremont Street as our Featured Open House several weeks ago (see South End Brownstone Restoration Open House), and Amy Jacobs, Ben Haywood, and the marketing team will host another open house for the development this Sunday, December 2, 2007 from 12:00 PM to 1:30 PM. For more information feel free to Contact Us using the link at the top of this page.

676 Tremont Street

676 Tremont Street

676 Tremont Street

676 Tremont Street

The Modern South End Condos Open House

Developers are constantly trying to push through barriers, of all different kinds, and The Modern South End, a new 25-unit boutique development on the west side of the South End, has placed a high-end boutique development in an area that will definitely see further development in the future. Does this represent your chance to “get in early”? Perhaps it does.

Our Featured Open House this week will put on display the 13 remaining units at the Modern, priced from $449,000 up through $1,595,000, offering 1,004 to 2,592 square feet. New construction, with Dennis Duffy interiors, common roof deck, at quite reasonable prices (from $450 – $610 per square foot), is worth a look.

Parking is available in the building, however, it is not always included in the listing price (depending on the unit), and can be purchased for $29,000 to $49,000.

The Modern, at 255 Northampton Street, Open House will take place on Sunday, November 18, 2007, from 11:00 AM to 12:30 PM. For further information on the development, feel free to use the Contact Us link at the top of this page.

The Modern South End

The Modern South End

The Modern South End

The Modern South End

The Modern South End

Penmark South End Condo Prices

If you are looking for upscale living deep in the South End, you do have options. One of those options is the newly opened Penmark Condos at 21 Father Gilday Street, just south of Washington Street (SoWa). The Penmark is a 60-unit development with a boutique feel, high-end finishes, and underground garage parking.

Of the 60 units, the Boston MLS shows 11 for sale, offering various floor plans in the $600 per square foot (+/-) range. Available units are listed at $575,000 to $1,055,000, and offer 908 to 1,726 square feet with one to two deeded garage parking spaces included based on unit.

For more details on available units: Penmark South End Condo Prices (PDF)

Penmark South End Condos

Penmark South End Condos

Penny Savings Bank Featured Open House

The 23-unique boutique luxury condo development in the former Penny Savings Bank is our Featured Open House of the week. Earlier this year, The pre-war bank in Boston’s South End was completely renovated and a glass enclosure was added to the top of the original structure to create what is now The Residences at Penny Savings Bank.

The white marble and granite exterior of the Bank offers various layouts from studios (roughly 800 square feet and an HOA fee of $239) to two-bedroom two-bathroom condos (roughly 1,600 square feet and an HOA fee of $494). Living areas offer finished concrete floors (perhaps not as nice as our favorites stained and scored floors at the Lofts at 36 A) or walnut hardwood floors. All kitchens feature Viking and Best appointments. The master baths have limestone floors and “river rock” shower enclosures. Some units include private terraces or roof decks. Parking is available in the onsite underground garage for an additional charge.

Note that with a new marketing agent taking over the property, the price range for units has been slightly updated, moving the low-end down from $665,000 to $595,000 ($730 per square foot).

The Penny Savings Bank joins the recently opened D4 Police Station Condo Development as a true landmark property in Boston real estate. Along Washington Street, the ground floor of the development will house two commercial units, the banQ Restaurant, as well as a Citibank branch.

Remember that Daylight Saving Time has ended today, so turn your clocks back before heading out to see these units. The Open House will take place on Sunday, November 4, 2007 from 2 – 4pm at 30 Union Park Street in Boston’s South End (northeast corner of Washington and Union Park).

For Buyer Representation by Boston Condo Guy, or for more information, use the ‘Contact Us’ link at the top of this page.

boston-penny-savings-bank-condos-18

boston-penny-savings-bank-condos-12

South End Brownstone Restoration Open House

Our Featured Open House this week is a 5-unit restoration project in the South End at 676 Tremont Street. The complete redevelopment is being called a classic brownstone, architect designed, luxury condominiums.

The condos have been professionally designed, and most include gas fireplaces, Gioa Italian marble bathrooms, Brazilian cherry hardwood floors throughout, patio decks, and built-in flat screen wiring. Parking is included in the penthouse unit, and available in for an additional price with other units. Units range in size from 780 to 1,607 square feet and in price from $629,000 to $989,000.

The open house will take place from 11am to 1pm at 676 Tremont Street on Sunday, October 21, 2007 – tell the listing agent that you heard about this open house from Boston Condo Guy. For more information, buyer representation, or to setup a second showing after you see the units later today, please contact us.

676 Tremont Street Condos

676 Tremont Street Condos

676 Tremont Street Condos

Trulia Says Boston Real Estate is Hot

Thanks to John Keith for pointing out that the Trulia Blog is passing out some warm and fuzzy news about the Boston real estate market. According to the Trulia September 2007 Trends Report, the downtown Boston market is experiencing year-on-year gains in home prices.

Median sales price in Back Bay is up 18.2 percent over last year, showing that some areas have defied the real estate slump. South End was next on the list of most popular neighborhoods. Densely populated South Boston, or “Southie”, was third most popular. Median sales price in South End and South Boston was up 8.8 percent and 7.2 percent, respectively, over the previous year.

This confirms what we have been saying for some time now, that city center condo prices buck the suburb and pan-US housing trends.

=== Updated on October 24, 2007 ====

Based on the comments we received, here is a look into deeper statistics for the Back Bay market from 2005 – 2007.

From 2005 – 2006:

  • Average Price: $819,339
  • Average Days on Market: 101
  • Number of Units Sold: 387

From 2006 – 2007

  • Average Price: $865,507
  • Average Days on Market: 111
  • Number of Units Sold: 453

These numbers are based off of data pulled from the MLS (Back Bay 2005 – 2006 and Back Bay 2006 – 2007). Over the past two years in the Back Bay, the number of condos sold has gone up significantly, average days on market has trended up, and average price continues to trend up.

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

700 Harrison Condos Open House

The 84-unit 700 Harrison condo development in Boston’s South End is now complete, and open to residents. 700 Harrison is our Featured Open House this week as well. There are currently 6 units available at 700 Harrison, ranging in price from $469,000 to $659,000 and in size from 752 to 1,199 square feet.

Some units include private roof deck vestibules with great views of the Back Bay and downtown skyline. Units feature floor to ceiling walls of windows, open and contemporary kitchens with Bosch appliances and gas cooking.

The Open House, located at 700 Harrison Avenue will take place Sunday, September 30, 2007 from 2:00 PM to 4:00 PM. Please let the Listing Agent know that Boston Condo Guy sent you. If you would like Buyer representation on the purchase of one of the units, please contact us.

700-harrison-condos-2 700-harrison-condos-1