Millennium Tower

Unit 5503

1 Franklin St, Unit 5503, Boston, MA
3 beds4.5 baths2,773 ft²Floor 550.2986% Interest per Condo Docs
Nov 30
2022

Resale 1

$4,600,000
Price / ft²
$1,659
Annual Appreciation
-3.5%/yr
Total Appreciation
-20.0%
Appreciation $
-$1,150,000-$1.15M
Cash vs Mortgage
Cash
Hold Time6 years 2 months 4 daysbetween Developer Sale and Resale 1
Buyer ABENDROTH WILLIAM W · MT UNIT 5503 NOMINEE REAL ESTATE TRUST
Seller MIT REAL ESTATE FOUNDATION INC
RoD Book/Page: 68465/119
Apr 28
2022

Entity / Trust Restructuring

Ownership was reorganized through trust or entity paperwork instead of sold into the market.
Transfer Type
Trust restructuring
Recorded Consideration $1
Structure Trust restructuring
Transferred From SCHIMMEL PAUL · SCHIMMEL CLEO · SCHIMMEL REVOCABLE TRUST
Transferred To MIT REAL ESTATE FOUNDATION INC
RoD Book/Page: 67557/99
Jun 14
2021

Entity / Trust Restructuring

Ownership was reorganized through trust or entity paperwork instead of sold into the market.
Transfer Type
Trust restructuring
Recorded Consideration $1
Structure Trust restructuring
Transferred From CRSPRS LLC
Transferred To SCHIMMEL PAUL · SCHIMMEL CLEO · SCHIMMEL PAUL R · SCHIMMEL JUDITH R · SCHIMMEL REVOCABLE TRUST
RoD Book/Page: 65663/122
Sep 26
2016

Developer Sale

$5,750,000
Price / ft²
$2,074
Cash vs Mortgage
Cash
Buyer CRSPRS LLC
Seller MP FRANKLIN TOWER CO LLC
RoD Book/Page: 56831/242
One unit opened. Full market waiting.
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