90 M St Unit 2 South Boston, MA
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Transcript of 90 M St Unit 2 South Boston, MA
Spacious and bright home at the intersection of M Street and East Fourth Street. South facing with
three exposures this home receives excellent natural light. Tall ceilings, over sized windows and a wide
open floor plan. Private deck, central AC, spacious closets and extra storage. Ready to move right in.
Elegant Third Floor Two bedroom/Two Bath Condominium�
90 M Street, Unit #2 Asking $549,000�
Stephen McCarthy
Associate Broker�
www.sb02127.com�
617.622.1451 (Fax)�617.320.7219 (Mobile)�
RE/MAX Realty Plus�
RE/MAX Realty Plus�738 East Broadway
South Boston, MA 02127
©2014 Imprev, Inc.�Information provided is deemed reliable, but not guaranteed.Each Office Independently Owned and Operated.�
Stephen McCarthy
www.sb02127.com
617-320-7219
The information in this listing was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations or warranties as to the accuracy of
this information. Content ©2014 MLS Property Information Network, Inc.
MLS # 71679140 - Price Changed
Condo - 2/3 Family
90 M St - Unit 2 List Price: $549,000
Boston, MA : South Boston 02127-2341
Suffolk County
Unit Placement: Top/Penthouse Total Rooms: 5
Unit Level: 3 Bedrooms: 2
Grade School: Bathrooms: 2f 0h
Middle School: Master Bath: Yes
High School: Fireplaces: 1
Outdoor Space Avail:
Handicap Access/Features:No
Directions: Corner of M Street and East Fourth above Emerson Dry Cleaners
Remarks
Tremendous value at less than $410 PSF for a 3rd floor condo!!! Exceptional space in the best location in town. Spacious and bright home located
at the intersection of M Street and East Fourth Street. South facing with three exposures this home receives excellent natural light. Tall ceilings
and over sized windows with a wide open floor plan. Fully renovated in 2005 featuring central AC, granite counters, cherry cabinets, laundry in
unit and hardwood floors. Skylights accent the kitchen island and work area. An elegant two sided fireplace visible from the LR and DR. A place for a full size dining room table. This home is designed to accommodate a large gathering of friends. Excellent closets throughout plus additional
storage in basement. Spacious private deck. Well established condo association with over $17K held in reserve. Sought after East Side location
convenient to the MBTA bus routes 7, 9, 10 and 11.
Property Information
Approx. Living Area: 1383 sq. ft. ($396.96/sq. ft.) Approx. Acres: 0.03 (1383 sq. ft.) Garage Spaces: 0 --
Living Area Includes: Heat Zones: 1 Hot Water Baseboard Parking Spaces: 0 On Street Permit
Living Area Source: Unit Floor Plan Cool Zones: 1 Central Air Levels in Unit: 1
Living Area Disclosures:
Disclosures: 4 unit association.Unit is subject to lease ending August 31, 2014
Complex & Association Information
Complex Name: Units in Complex: 4 Complete: Yes Units Owner Occupied: 3 Source: Owner
Association: Yes Fee: $225 Monthly Fee Includes: Water, Sewer, Master Insurance
Room Levels, Dimensions and Features
Room Level Size Features
Living Room: 3 20x14 Fireplace, Flooring - Hardwood
Dining Room: 3 14x12 Fireplace, Flooring - Hardwood
Kitchen: 3 17x14 Skylight, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floor Plan,
Recessed Lighting, Stainless Steel Appliances
Master Bedroom: 3 17x12 Flooring - Hardwood
Bedroom 2: 3 14x12 Flooring - Hardwood
Bath 1: 3 Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall
Bath 2: 3 Bathroom - Tiled With Tub & Shower
Laundry: 3 8x4 --
Features
Area Amenities: Public Transportation, Park, Walk/Jog Trails, Highway Access, T-Station
Appliances: Dishwasher, Disposal, Microwave
Association Pool: No
Assoc. Security: Intercom
Basement: Yes , Full
Beach: Yes Harbor
Beach Ownership: Public
Beach - Miles to: 1/10 to 3/10
Construction: Frame
Docs in Hand: Master Deed, Unit Deed, Rules & Regs
Electric Features: Circuit Breakers
Energy Features: Insulated Windows, Prog. Thermostat
Exterior: Aluminum
Flooring: Hardwood
Hot Water: Natural Gas
Insulation Features: Unknown
Management: Owner Association
Pets Allowed: Yes
Roof Material: Asphalt/Fiberglass Shingles, Rubber
Sewer Utilities: City/Town Sewer
Water Utilities: City/Town Water
Sewage District: BWS
Utility Connections: for Gas Range, for Gas Oven
Waterfront: No
Water View: No, --
Other Property Info
Adult Community: No
Elevator: No
Disclosure Declaration: No
Exclusions:
Facing Direction: South
Laundry Features: In Unit
Lead Paint: Unknown
UFFI: Unknown Warranty Features: No
Year Built/Converted: 1920/2005
Year Built Source: Public Record
Year Built Desc: Approximate
Year Round: Yes
Short Sale w/Lndr.App.Req: No
Lender Owned: No
Tax Information
Pin #: W:06 P:03958 S:006
Assessed: $440,700
Tax: $5544 Tax Year: 2014
Book: 0 Page: 0
Cert: 00070658
Zoning Code: 9999999999
Map: Block: Lot:
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Vis-Home
R
WDKitchen17' x 14'
Dining Room14' x 12'
Living Room20' x 14'
CL
CL
Bedroom14' x 12'
CL
Master Bedroom17' x 12'
CL
CL
Lndry8' x 4'
Building:
Deck:
90 M Street 2
Outside Outside Outside
Outside Outside Outside
Deck Deck Deck
Living Room Living Room Living Room
Living Room Dining Room Dining Room
Kitchen Kitchen Kitchen
Kitchen Kitchen Kitchen
Master Bedroom Master Bedroom Master Bedroom
Master Bathroom Master Bathroom Master Bathroom
Bedroom Bedroom Bedroom
Bathroom Bathroom Laundry
Laundry
LIST PRICE # STREET Unit # BD
RM
S
BA
THS
LIVING
AREA
SALE
DATE
DAYS
ON
MKT MLS # SALE PRICE
% of
LIST
PRICE
PSF
SALE
PRICE499,000$ 832 East 2nd Street 3 2 2 829 4/28/14 20 71649354 500,000$ 100% 603$ 485,000$ 633 E 7Th St 3 2 2 980 3/26/14 21 71630423 526,000$ 108% 537$ 545,000$ 71 Farragut Road 5 2 1 1,024 4/28/14 18 71641037 530,000$ 97% 518$ 549,000$ 494-496 E 4Th St 4 2 2 1,429 1/10/14 45 71589167 540,000$ 98% 378$ 559,000$ 906 E 4Th St 3 2 1 1,024 4/10/14 167 71589555 543,000$ 97% 530$ 574,900$ 27-29 Telegraph St 1 3 2 1,379 4/30/14 88 71621444 550,000$ 96% 399$ 584,900$ 355 K 1 2 2 1,120 4/15/14 56 71625145 568,000$ 97% 507$ 579,000$ 178 Dorchester St 3 2 2 1,417 4/23/14 50 71629901 568,000$ 98% 401$ 579,000$ 252 W Broadway PH 2 2 1,650 1/31/14 82 71496751 575,000$ 99% 348$ 589,000$ 551 East Sixth Street 2 3 2 1,205 3/28/14 22 71604866 578,000$ 98% 480$ 589,000$ 495 east 4th 1 3 2 1,550 3/1/14 20 71615414 579,000$ 98% 374$ 599,999$ 32 Telegraph St 1 2 2 1,685 5/15/14 35 71654599 592,500$ 99% 352$ 595,000$ 470 East 8th Street 3 2 2 1,155 2/19/14 3 71612804 595,000$ 100% 515$ 609,000$ 162 H Street 2 2 1 1,244 1/7/14 7 71612997 602,500$ 99% 484$ 624,000$ 339 K St 2 2 2 1,425 5/2/14 90 71615511 622,000$ 100% 436$ 629,000$ 495 east 4th 2 2 2 1,410 2/6/14 12 71615415 635,000$ 101% 450$ 629,900$ 278 K St 7 2 2 1,457 1/10/14 29 71581003 639,000$ 101% 439$ 669,000$ 702 E 5Th St 1 3 3 1,831 4/25/14 197 71567731 645,000$ 96% 352$ 649,000$ 551 East Sixth Street 1 2 3 1,722 4/24/14 2 71648102 650,000$ 100% 377$ 679,000$ 413 E. 7th St 2 3 2 1,602 1/31/14 76 71605529 665,000$ 98% 415$ 590,835$ 1,357 52 585,150$ 99% 445$
COMPARABLE SALES FOR 90 M STREET, #2
AVERAGES
Condos 89%
Multi Fam 3%
Single Family 6%
Commercial 1%
Land 1%
SOUTH BOSTON SALES MIX 1ST QUARTER 2014
Below $300K 6%
$300K - $400K 14%
$400K - $500K 25%
$500 - $600K 23%
$600K and Higher
32%
SOUTH BOSTON 1ST Q 2014 SALES BY PRICE BAND
ALL DATA FROM MLS Prepared by Stephen McCarthy REMAX
5/21/2014
Analysis of Condominum Costs
Address: 90 M Street, Unit #2 Price: $565,000.00
Down Payment of: 10% 15% 20%
1. Sale Price of Condominium 565,000.00$ 565,000.00$ 565,000.00$
2. Down Payment 56,500.00$ 84,750.00$ 113,000.00$
3. Mortgage Amount 508,500.00$ 480,250.00$ 452,000.00$
4. Monthly Payments, Principal & Interest 2,445.28$ 2,309.43$ 2,173.58$
5. Monthly PMI (if down payment is less than 20%) 144.08$ 136.07$ -$
6. Monthly Deposit for Taxes (approximately) 462.00$ 462.00$ 462.00$
7. Monthly Condominium Fee $225.00 $225.00 $225.00
8. Total Monthly Payment 3,276.35$ 3,132.50$ 2,860.58$
9. Tax Savings: (monthly)
a. Average monthly interest 2,323.02$ 2,193.96$ 2,064.90$
b. Monthly tax deposit $462.00 $462.00 $462.00
c. Total deductions 2,785.02$ 2,655.96$ 2,526.90$
10. In the 28% tax bracket, cash savings per month (946.91)$ (903.03)$ (859.15)$
11. Real Monthly Cost 2,329.45$ 2,229.48$ 2,001.43$
Analysis based on the following:
Mortgage Term (in years) 30
Mortgage Rate 4.06%
Monthly Deposit for Taxes (approximately) $462.00
Monthly Condominium Fee $225.00
Disclaimer: Although we deem the above to be reasonable, no guarantee or representation is hereby made or shall be implied.
Prepared by Stephen McCarthy
REMAX
617.320-7219