Archive for the 'Somerville Condos' category

photo credit: Boston.com

Interested in Living in Boston?: Take a look at this list of the most expensive neighborhoods in Boston - compiled by Rental Beast...Boston.com

Renting the New Way of Life?: "Boston real estate agents say they are starting to see an increase in the number of people in their 50s and 60s looking to lease apartments. While real estate firms don’t break down statistics by age, Coldwell Banker Residential Brokerage in Boston said aging renters have helped drive up its overall rentals by 25 percent this year compared to last year." Read more..Boston.com

Live Like a Cambridge-ite in Somerville: "The new housing complex will feature a high-end community kitchen, a yoga studio, and a wireless suite for residents who prefer social networking to reality television - amenities that would appeal to the hip, young population of Kendall Square." Read more about this new project...Boston.com

Food Trucks Take the Streets of Boston: If you haven't gotten the chance to check out any of the great food trucks lining the streets of Boston here is a great article to entice you..Boston.com

I get asked about tax exemptions and tax rates for the Boston area several times a year - naturally, my clients want to know what the rates are and what they will saving if they own their home in certain areas! Here's a quick look at how you are taxed and residential exemptions:

BOSTON:

Boston Residential Real Estate: $12.79 per $1,000 assessed value
Boston Commercial Real Estate: $31.02 per $1,000 assessed value
Residential Exemption (what you are discounted when this is your primary residence): $1,594.85

BROOKLINE:

Residential: $11.30 per $1,000 assessed value
Commercial: $18.30 per $1,000 assessed value
Residential Exemption: $1,837.46

CAMBRIDGE:

Residential: $8.16 per $1,000 assessed value
Commercial: $19.90 per $1,000 assessed value
Residential Exemption: $1,601.00

SOMERVILLE:

Residential: $12.71 per $1,000 assessed value
Commercial: $21.21 per $1,000 assessed value
Residential Exemption: $1,738.02

Here's a link to referencing more info about Residential Tax Exemption in Boston.

To discuss in greater detail, or any Boston real estate questions or real estate search in the Boston area, let me know!

Paul@bostonlofts.com

Incredible Value for Huge 2 Bedroom Loft
21 Park Street, Unit 1, Somerville MA
PRICE: $439,900
CONDO FEE: $225/ Month

Loft living at its best with over 1800 square feet of living space, this large open floor plan boasts two separate living rooms, a central dining area and has a central kitchen equipped with granite counters, maple cabinets and stainless steel appliances perfect for entertaining in style! The two full baths are on opposite sides of this loft home allowing for each large bedroom to also have their own bathrooms. Within walking distance to Harvard, Porter & Union Square, blocks to Kirkland Village, this well positioned building was built new in 2004 and continues to have high owner occupancy and a strong Boston condos association.

----------------THE VALUE----------------

Take a look at this value of this incredible Boston condo vs. ALL current Somerville condos on market with 2 bedrooms, 2 Full Bathrooms & Deeded Parking:

Average Price Per Square Foot:
21 Park St, Unit 1= $241
ALL others on Market = $356
That's 33% less than the other comparable units!

NOW take a look at the asking price of this incredible Boston condominium vs. ALL current Somerville condos between 1800 - 1900 Square Feet:
21 Park St, Unit 1 = $439,900
Average of ALL others on Market = $519,460
That's 16% less than the other comparable units!

Highlights Include:
- 1825 Square Feet
- 2 Bedrooms / 2 Full Baths
- Gorgeous Kitchen
- Gleaming Hardwood Floors
- Custom Closets
- Open Layout
- Beautiful Bathrooms
- Amazing Storage Space
- Deeded Parking
- Common Patio & Lawn
- High Owner Occupancy
- Small Association
- Low Condo Fees! - 255/month
- Steps to Kirkland Village

For a private showing, contact Paul Santucci 617-694-0004 or paul@bostonlofts.com

Brickbottom Artists Building is not only Somerville's most established Artist's community, but since being converted from a former bread factory in the 1980's, it is one of the largest buildings of live/work space for artists in the country.

Unit c505 is a premier unit here: a gorgeous sun-filled, 1125 Square Foot penthouse loft with incredible city views that boasts:

- gleaming hardwood floors
- elevated bedroom
- elevated office space
- clean & bright kitchen with extra large breakfast bar
- generous closets & extra storage
- well designed layout

This is a perfect live/work space or a urban loft oasis in Boston real estate. Other amazing features: deeded "non-tandem" garage parking space, beautiful & serene (and award-winning) courtyard, art gallery, on-site management & vibrant community.

Offering Price: $397,000
Condo Fees: $442/ month (includes: Heat, Hot Water, Water, Sewer, Elevator, Landscaping, Snow Removal, Clubroom, Refuse Removal, Garden Area)

Visit BrickbottomLofts.com for more information

Please contact Paul at 617-694-0004 or paul@bostonlofts.com for more information and a private showing.