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505 Tremont St # 207, Boston MA 02116

Boston, MA 02116 • South End
$1,295,000
Est. $9,388/month
1
Beds
1.5
Baths
1,012
Sq Ft
$1,280
Price/Sq Ft
0.02
Acres
2003
Year Built
212
Days on Market
Closed Listed Aug 8, 2023 • MLS# 73145913 Copied!

About this home

Architecturally unique 1 bedroom/ 1.5 bath features 11’ ceiling height, walls of floor- to-ceiling windows, and abundant sunlight. Over 1000 square feet of sophisticated living space in this open concept floor plan. Brazillian cherry floors, marble baths, and SieMatic kitchen with stainless steel appliances. Master bedroom includes oversized walk-in closet and en suite bath with Kohler soaking tub, seamless glass shower, and double vanity. Atelier|505 is one of Boston’s most desirable full service residences, designed by the renowned architectural design firm of Machado Silvetti, and developed by The Druker Co, Ltd. Situated in the heart of Boston’s vibrant South End neighborhood, adjacent to the Center for the Arts, Calderwood Theater, art galleries, and fine dining. Building amenities include professional management, 24 hour concierge, doorman, state of the art residents’ fitness room, and common terraced library with boardroom and caterer’s kitchen. 1 deeded garage parking.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2003
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,012 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $1,450,000
Final Sale Price: $1,295,000
Difference: $155,000 (-10.7%)
Performance Metrics
89.3%
List to Sale Ratio
Sold below asking price
212
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $1,433
Sale $/sq ft: $1,280
This property sold for $1,280 per square foot
Sale Summary

This property sold for 10.7% below the original asking price.

At 212 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 50 similar properties sold within 0.5 miles in the last 90 days

This Property
$1,280/sq ft
Area Average
$497/sq ft
Difference
+157.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 2003
Living Area 1,012 sq ft
Lot Size 0.02 acres
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 3

Interior

Heating Heat Pump
Cooling Heat Pump
Flooring Wood
Appliances Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Deeded
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $13,731
Assessed Value $1,278,500

Interior Features

Flooring: Wood
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup
Security: Doorman, Concierge

Construction & Materials

Year Built: 2003
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Heat Pump
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Deeded

Location

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Neighborhood

South End

505 Tremont St # 207, Boston MA 02116

Boston, MA 02116

Walkability

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Nearby Schools

School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

3 schools
D
Melvin H. King South End Academy
0.2 mi | #24 of 25 | Score: 20.2
Improved 363 spots from last year
-38.1 below state avg
125 students Diverse
Rising School Diverse Student Body
Grades PK-12
F
Blackstone Elementary School
0.3 mi | #809 of 824 | Score: 26.3
Improved 12 spots from last year
-31.9 below state avg
582 students Moderate
Grades PK-06
Blackstone Elementary
0.3 mi
H

High Schools

3 schools
Cathedral High School
0.3 mi
9 sports • 430 athletes
Grades 07-12
C-
Edward M. Kennedy Academy for Health Careers: A Horace Mann Charter Public School - Lower Campus
0.3 mi | #307 of 346 | Score: 36.8
Improved 17 spots from last year
-21.4 below state avg
383 students Diverse
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-11
C
Quincy Upper School
0.4 mi | #268 of 346 | Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students Very Diverse
12 sports • 208 athletes
High Graduation Rate Diverse Student Body
Grades 06-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,144
Homeowners Insurance $200
HOA Fee $1,496/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

212
Total Days on Market

Property Timeline

Sold
Apr 26, 2024
$1,295,000
Property sold
Days on Market: 212
🏠
Listed for Sale
Aug 8, 2023
$1,295,000
Original listing
Agent: Richard R. O'Connor Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Aug 8, 2023 New Listing Added $1,295,000

Market Statistics

Days on Market
212 days
Price per Sq Ft
$1,280

Tax History

Year Taxes Assessment
2023 $13,731 $1,278,500

Financial Details

Annual Property Tax
$13,731
Tax Year 2023
HOA Fee
$1,496
Monthly
Assessed Value
$1,278,500

Listing Information

Listing Agent Richard R. O'Connor
Listing Office Gibson Sotheby's International Realty
Agent MLS ID NB113721
Office MLS ID BB5919
Listing Data Updated Apr 27, 2024 6:56 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Boston, MA

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505 Tremont St # 207, Boston MA 02116 - Photo 1 505 Tremont St # 207, Boston MA 02116 - Photo 2 505 Tremont St # 207, Boston MA 02116 - Photo 3 505 Tremont St # 207, Boston MA 02116 - Photo 4 505 Tremont St # 207, Boston MA 02116 - Photo 5 505 Tremont St # 207, Boston MA 02116 - Photo 6 505 Tremont St # 207, Boston MA 02116 - Photo 7 505 Tremont St # 207, Boston MA 02116 - Photo 8 505 Tremont St # 207, Boston MA 02116 - Photo 9 505 Tremont St # 207, Boston MA 02116 - Photo 10 505 Tremont St # 207, Boston MA 02116 - Photo 11 505 Tremont St # 207, Boston MA 02116 - Photo 12 505 Tremont St # 207, Boston MA 02116 - Photo 13
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