Stunning Brick & Beam Residence placed Under Agreement in 5 days! Sold today at full asking price.
CL Properties would like to thank all of our clients for making us the #1 Brokerage and Office on the Waterfront in 2016 (per MLS). CL Properties finished 2016 with $119 million in closed transactions – our best year ever!
Led by Carmela Laurella, CL Properties is a boutique luxury brokerage specializing in Waterfront properties. Since opening in 2010, CL Properties has become the leading brokerage on Boston’s Waterfront with over $500 million in closed transactions.
We are looking forward to helping with you all your real estate needs in 2017!!
The new residential tax exemption will exceed $2,000 for the first time, representing an increase of $472 over last year’s amount. Each qualifying homeowner will save $2,435 on their property tax bill by taking the residential exemption. Also remember: You need to have owned and lived in your home as your primary residence on January 1 before the current fiscal year. For example, to be eligible for Fiscal Year 2017 (July 1, 2016 to June 30, 2017), you need to have owned and occupied your property as your primary residence on January 1, 2016. The deadline to file for the exemption is April 1 (or 3 months after the actual [not preliminary] tax bills are mailed, if later).
On the heels of the highly successful 22 Liberty comes 50 Liberty, the Seaport Districts newest high-end condominium complex. This 120 unit complex is situated in an ideal location on Boston Harbor with many units having dramatic water and city views. The complex features, 24/7 concierge and doorman service, valet garage parking, Harborside lounge and gym. The units have been constructed with the up-most attention to detail and sophistication. The kitchens are equipped with top of the line stainless steel appliances, custom cabinetry and marble counters. There is beautiful hardwood flooring throughout all of the homes and the spa-like bathrooms feature marble floors, high-end vanities and luxurious walk-in showers. To schedule a tour of the property and available units please contact CL Waterfront Properties, LLC.
Throughout essentially every Boston neighborhood we saw substantial increases in the prices of sales as well as the price per square foot. Not surprisingly, Midtown had the largest jump in price per square foot of 36% and mainly attributed to the new Millennium Tower. While Midtown is certainly a newly developing residential neighborhood there were large spikes in average price per foot in many of Boston’s established neighborhoods. Beacon Hill had a jump of 11%, Waterfront increased 3%, North End was boosted by 8% and Fenway saw an increase of 12%. Many other neighborhoods had increases between 4% and 8%. Another interesting statistic is the change in average days on market from neighborhood to neighborhood. Properties in the Waterfront in 2015 had an average marketing time of 63 days which fell to 54 days in 2016. This was one of the most dramatic changes in this category throughout the Boston neighborhoods. Home values in the North End saw a slight uptick since last year while in the Waterfront they remained essentially the same.