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Waterfront Boston Condos

This is a hot, sticky and lousy July if you were selling a Boston Waterfront condo. Here are examples of Boston Waterfront condo sellers that didn’t leave the closing happy.

338 Commercial St #C – 100
Sold on 7/1/09 for $450,000.00
FY2009 Tax Assessed at $710,000.00

85 East India Row #29D – Harbor Towers
Purchased on 4/29/04 – $410,000.00
Sold on 7/24/09 – $411,000.00

Folio #909 – 80 Broad Street
Purchased on 11/21/06 – $401,000.00
Sold on 7/24/09 – $405,000.00

65 East India Row #9C – Harbor Towers
Purchased on 5/20/05 – $589,000.00
Sold on 7/17/09 – $520,000.00

Strada – 239 Causeway St #907
Sold on 7/8/09 for – $625,000.00
FY2009 Assessed for $719,000.00

Intercontinental – 500 Atlantic Ave #16E
Purchased on 12/5/06 – $825,000.00
Sold on 7/20/09 – $725,000.00

File Under: Sellers, when life hands you lemons reach for the Tequila.

Read other posts about: Boston condos

9 Responses to “Waterfront Boston Condos” »»

  1. Comment by condobuyer | 07/30/09 at 6:29 am

    Wonder what the waterfront seller of current listing MLS # 70953371
    is thinking. Asking price $2.295 for a whopping 1495 squarefeet in Battery Wharf! I don’t care how much money one has, there are so many far better deals in the city. I would much rather get 50% more space at the Intercontinental for probably less $$.

  2. Comment by Rich | 07/30/09 at 7:26 am

    On Tuesday evening, I went to an open house at 45 Province. I was blown away by the views on the 24th floor. I looked at a 1,500 sq. foot unit for $2M (ouch!). The unit faces south but also has views to both the east the and west. This unit beats most views at the Ritz which are more uni-directional.

    Anyone with the very big bucks to spend on a downtown-area condo should have 45 Province near the top of the list of buildings to check out.

    I also looked at top-floor units at the Bryant in the South End on a Monday evening open house. Most of these units are about 1,800 sq. feet in size. Although the views are nice from these units, they don’t compare to many other high-end buildings in the area.

    My crystal ball sees price cuts at the Bryant in the relatively near future. However, my crystal ball has been wrong before. ;-)

  3. Comment by Tim from Ford Realty | 07/30/09 at 7:43 am

    My crystal ball sees major price reductions at 45 Province St. How do you spell A-U-C-T-I-O-N

  4. Comment by Observer | 07/30/09 at 8:32 am

    My crystal ball tells me that 45 Province is screwed, and the Bryant is royally screwed. I suspect Abbey will break even at 45P when all is said and done, but the NYC clowns that did the Bryant are going to take a big loss…..after the auction!

  5. Comment by Bradley = Troll | 07/30/09 at 9:42 am

    Sunshine and Lollipops for these folks, eh Bradley.

    Bradley = Troll

  6. Comment by condobuyer | 07/30/09 at 11:25 am

    Incidentally, what do people who have seen the bryant think it should cost?

    One of the agents there said…”the developer has deep pockets…” in response to my question of “how many units have closed…” She said 20% under agreement but only 3 have closed to date. I know one was a very low priced very very small unit and the other was the penthouse. Only one typical bryant unit has closed. By the way, if I had a nickel for everytime I heard a marketing agent tell me the “developer has deep pockets…” I would be living in the 45P penthouse without a mortgage!

  7. Comment by Rich | 07/30/09 at 12:09 pm

    $1.5M to $1.6M for the 1,800 sq. foot top floor units sounds about right to me. (I actually think these units are a little too small for the target market.)

    The larger units on the lower floors without views, a little less. Maybe $1.3M or $1.4M.

    BTW, the big plus of course for the Bryant it is in a great walking around area. 45P less so, especially when the sun goes down.

  8. Comment by CityMouse | 07/31/09 at 5:07 am

    I’d say 45P is very walkable at night if you leave and go left (School Street to Beacon Hill or Gov’t Center) but I don’t go right after dark. The same could be said about many parts of the South End as well.

  9. Comment by Funny | 07/31/09 at 8:09 am

    DTX and the Financial district is fine at night. Maybe not for the people who’d be able to afford 45P, but it’s safe and walkable all the way into china town.

    There’s just not much going on between here and there after 7pm.

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    Boston Back Bay Condos 3rd Q 2011





    Back Bay Condo Sales 3rd Quarter 2011 - 150. Number of Back Bay condo sales in the 3rd Q of 2010 - 126

    Back Bay average condo sales price in the 3rd Q of 2011 - $974,258.00. Back Bay average condo sales price in the 3rd Q of 2010 - $944,320.00

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    Avg. Back Bay condo sales price - $1,324,226.00

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    Back Bay Condos Sold 2011

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    Average Back Bay condo sales price:$1,367,003.00

    Median Back Bay condo sales price: $953,750.00

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    Beacon Hill condos sold form Jan 1, 2011 - April 28, 2011 - 37

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    Boston Brighton Condo sales - 25

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    Brighton condo price per sq ft $283.00

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    Fenway Condo Sales 2011

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