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1 South Cottage Road # 1, Belmont MA 02478

Belmont, MA 02478
$2,420,000
Est. $14,773/month
4
Beds
4.5
Baths
3,113
Sq Ft
$777
Price/Sq Ft
2008
Year Built
5
Days on Market
Closed Listed May 1, 2024 • MLS# 73231593 Copied!

About this home

Simply one of a kind! Built in 2008, the owners bought the shell of the home & then hired Boston based Studio Luz architects to bring their vision to life. Walking in, it feels more like an art gallery w/ open space, tons of natural light & cathedral ceilings. The stunning custom oak stairway w/glass panels connecting all 3 levels is an absolute showstopper! Kitchen lovers rejoice! This custom designed space features the stylish & elegant SieMatic kitchen system w/marble counters & long sleek island w/honed granite. Ample spaces to sit & gaze at the view including the lounge w/gas burning fireplace & loft w/built in wooden bookshelves. Huge lower level features an entertaining space w/wet bar, office space, bedroom & bath.1st floor Primary suite along w/2 additional bedrooms both w/ private baths on 2nd floor. Ample storage spaces including walk-in cedar closet. 2 private outdoor spaces including large deck and covered patio. So close to shopping, parks, public transportation & more.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2008
Bedrooms
4
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,113 sq ft
Total Rooms
10
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $2,200,000
Final Sale Price: $2,420,000
Difference: +$220,000 (+10.0%)
Performance Metrics
110.0%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $707
Sale $/sq ft: $777
This property sold for $777 per square foot
Sale Summary

This property sold for 10.0% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$777/sq ft
Area Average
$600/sq ft
Difference
+29.4%

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

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2008
Living Area 3,113 sq ft
Bedrooms 4
Full Baths 4
Half Baths 1
Total Rooms 10

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator, Range Hood
Fireplace None
Fireplaces 2
Basement Y
Laundry In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Covered Patio/deck
Pool None
Spa None
Fencing None
Patio/Porch Deck, Covered

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Off Street
Total Spaces 6

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,489
Assessed Value $1,467,000

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator, Range Hood
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Unit
Security: Security System

Construction & Materials

Year Built: 2008
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Covered Patio/Deck
Patio & Porch: Deck, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 6
Parking Features: Attached, Off Street

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Shopping, Walk/Jog Trails

Location

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Neighborhood

1 South Cottage Road # 1, Belmont MA 02478

Belmont, MA 02478

Walkability

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Nearby Schools

School information not available for this location.

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 $1,374
Homeowners Insurance $200
HOA Fee $962/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

9.1%
Price Range
6
Total Days on Market

Property Timeline

Sold
May 30, 2024
$2,420,000
Property sold
Days on Market: 6
🏠
Listed for Sale
May 1, 2024
$2,200,000
Original listing
Agent: The Muncey Group Office: Compass

Price & Status History

Date Event Price Change
May 1, 2024 New Listing Added $2,200,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$777

Tax History

Year Taxes Assessment
2023 $16,489 $1,467,000

Financial Details

Annual Property Tax
$16,489
Tax Year 2023
HOA Fee
$962
Monthly
Assessed Value
$1,467,000

Listing Information

Listing Agent The Muncey Group
Listing Office Compass
Agent MLS ID TM328293
Office MLS ID AN3337
Listing Data Updated May 30, 2024 6:22 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Belmont, MA

Real-time market trends and pricing data for this area

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