3 Battery Wharf, # 3301, Boston - Waterfront, MA
Price: $879,000
1 Bed
2 Baths
Sq. Ft. 1,070
MLS #: 71321771
Price: $879,000
1 Bed
2 Baths
Sq. Ft. 1,070
MLS #: 71321771
Price: $1,399,000
3 Beds
3 Baths
Sq. Ft. 1,789
MLS #: 71357439
Price: $2,199,000
2 Beds
2 Baths
Sq. Ft. 1,520
MLS #: 71211295
Price: $1,299,000
2 Beds
2 Baths
Sq. Ft. 1,562
MLS #: 71362696
Price: $1,329,000
3 Beds
3 Baths
Sq. Ft. 2,264
MLS #: 71376775
Home sales rose nationwide in December, marking the third consecutive month of increased sales activity. According to the Boston Globe, Massachusetts experienced 10,000 home sales in the fourth quarter. This is a slight jump from the 9,461 homes sold in 2010’s fourth quarter. 2011’s strong finish has investors feeling positive about the future of Boston’s real estate market. With interest rates still low, and motivated buyers and sellers, now is a great time to purchase or sell a home. As the Waterfront’s top selling office, CL Waterfront Properties is best-positioned to help with your sale. Contact CL Waterfront Properties today for more information on Boston’s real estate market.
When you want the most luxurious place to live in Boston, look no farther than the waterfront area. The charming properties lining the waterfront on all sides of downtown Boston bring you the best in luxury living, top location, and a great view of the Boston harbor lit up every night. Look in a few areas to find the right property to purchase in Boston so you can enjoy the best the city has to offer in dining, neighborhood attractions and modern living.
Back Bay luxury apartments and homes are situated in a great location, just off the Charles River and near plenty of Boston attractions. Living in Back Bay, you will be just a few minutes’ walk away from historic Copley Square, which is home to Old Trinity Church, the Boston Public Library and the John Hancock Tower, which is the tallest skyscraper in New England.
If you would like to be within a stone’s throw of the Massachusetts State House, check out Beacon Hill real estate. The area is the most desirable in Boston, with a great view and plenty of shopping and entertainment. The federal-style rowhouses will charm you with their old-world character and high-end renovations.
For the best waterfront views, North End is the place to be. This neighborhood, situated just north of downtown, features the historic Paul Revere House and the Old North Church, but has all sorts of modern amenities as well. North End condos are in easy walking distance of over 100 restaurants and have a great view of several wharfs along the Boston waterfront.
Just south of North End, you will find Rowes Wharf, a strip of luxury residences, restaurants and hotels on the water just east of downtown Boston. Living here, you will have great waterfront views and access to the best that Boston has to offer, including a floating stage with concerts during the summer.
The City of Boston has raised property taxes by 2% for fiscal year 2012 — which is the maximum allowable increase under Proposition 2 1/2. The 2012 tax rate rose to $13.04 per thousand valued, which is a $.25 increase from 2011. Boston Commercial Property taxes also rose 3% to $31.92 per thousand valued.
With nearly 70% of Boston’s budget funded by property taxes, the 2012 tax increase will bring the city $75 million of additional revenue. Property taxes can be raised annually by either an increase in the tax rate or increase in the assessed value. Residential tax rates have increased over the past 3 years while assessed values (for the most part) have remained the same.
If you are thinking of selling your Boston Waterfront Real Estate, or buying Luxury Boston Waterfront Home, contact CL Waterfront Properties, LLC for guidance and assistance.
Posted By: Dave Costello
Most Expensive Condo Sold at Ritz in Past 3 yearsRepresented by Carmela Laurella & Dave Costello, the Manny Ramirez family’s ultimate 4 bed, 5.5 bath penthouse on Boston Common is closing today and represents the 3rd most expensive condo sale in Boston this year.This 37th floor residence overlooks the Public Garden, Charles River, Back Bay and beyond. Oversized living room with marble floors, gas fireplace and floor-to-ceiling windows with city & park views. Formal dining room with custom built-ins & lighting and direct views down the Back Bay. Open kitchen with breakfast area leads to one of Boston’s highest private decks with over 500 sq/ft and views of Beacon Hill, Back Bay, South End & Harbor. 1,100+ sq/ft master suite with 2 bathrooms and 7 custom closets. Large guest bedroom with marble baths en-suite, custom closets and stunning views. Doorman, Valet, Concierge and world class hotel services provided by the Ritz Carlton.
Boston’s Downtown Condo Market is booming this year. The overall median price for Boston rose by 10.2 percent to $487,000 this year, while luxury building prices rose 13.1 percent to a median of $735,000. Both of these metrics are only about $15,000 shy of 2008 peak prices just before the financial crisis frightened buyers.
Although these numbers seem good, citywide home sales in Boston have declined by 10% since last year. The increase in both medians is likely due to the 26.8 percent increase in high-priced luxury condominium sales, most of which are in the downtown Boston area. Another major factor allowing prices to increase while sales decrease is that there is simply less supply, giving sellers more power in the market. Debra Taylor Blair, president of the Listing Information Network, a Boston company that tracks the city’s downtown condo market, presented the idea that “Sellers can rent their properties out and more than cover their mortgage.” This at least partially explains home-owners’ reluctance to sell, and points to positive trends in market confidence despite the sales decrease.
John Ranco, a broker with the South End’s Hammond Residential Real Estate, also pointed out that much of last year’s sales were driven by federal home buyer tax credit. These incentives mainly affect first-time home buyers, and therefore lower-priced sales. Again, this helps explain 2011′s lower sales quantities but higher prices.
To read more about Boston’s booming real estate prices, visit Boston.com’s article at http://articles.boston.com/2011-07-26/business/29817026_1_condo-market-condo-prices-debra-taylor-blair.
Interested in buying or learning more about Boston Luxury Condos? Contact CL Waterfront today!
Posted by: Dave Costello
CL Waterfront Properties has another spectacular penthouse in a luxurious Beacon Hill building under agreement.
This large 1+ bedroom luxury home with a study boasts 11 foot ceilings, over-sized windows offering great city views, and hardwoods throughout.
The kitchen has limestone counters, stainless GE appliances, gas cooking, and a breakfast bar.
The large, sunny bedroom has plenty of closet space! The study makes the perfect for home office, den or guest room. This Beacon Hill condo has a pristine bathroom with limestone tiles, two additional storage spaces, and a wash/dryer included.
One Garden Place, the luxury building this residence is located in, is pet-friendly, with elevators to bring you to your home, or the huge common roof deck above!
If you want help finding the perfect luxury home in Beacon Hill, or need help selling or renting your Beacon Hill home, contact CL Waterfront Properties today!
President, Carmella Laurella, and Senior Vice President, Dave Costello, of CL Waterfront Properties, LLC have just represented former Boston Red Sox player, Manny Ramirez, and his wife, Julianna, in renting Penthouse #2A at the beautiful Ritz Carlton in Boston.
For $24,000 a month, this fabulous penthouse features four bedrooms, five and half bathrooms, stunning views of Boston, as well as an 800 sq/ft deck that overlooks Boston Common, Back Bay, Beacon Hill, and the Charles River. All residents of the Ritz Carlton enjoy full hotel services in addition to access to the Sports Club LA and hotel restaurants.
If you would like to find a beautiful Boston waterfront building or Boston luxury building, then contact CL Waterfront Properties LLC today. One of our knowledgeable agents would be happy to help you find your new dream home!