Hammond Residential Real Estate Announces Top 2016 Sales to Date

CHESTNUT HILL, Mass., July 12, 2016 /PRNewswire/ -- Saul B. Cohen, President and Co-founder of Hammond Residential Real Estate, with eighteen office locations in and around Greater Boston, recently announced the firm's top sales for the first half of  2016.

According to Multiple Listing Service Property Information Network (MLSPIN) data, Hammond's top single-family transactions conveyed in Brookline and Newton, and the top condominium transactions occurred in Cambridge and Boston. A multi-family transaction in the South End and a land sale in Brookline also set 2016 records for the firm.

Eileen Strong O'Boy of Hammond Residential Real Estate's Chestnut Hill office represented the seller client in connection with the $5,500,000 sale of 21 Cedar Road in Brookline, a 6,958 square foot Bauhaus-style residence, circa 1936, featuring seven bedrooms, seven full bathrooms, and one half-bathroom. The residence, which was renovated and re-adapted in 2016 to accommodate modern living in a luxurious setting, was designed by renowned American architect Hugh Stubbins, designer of numerous worldwide landmark buildings including the Ronald Reagan Presidential Library in Simi Valley, California, the Citigroup Center in New York City, and the Federal Reserve Bank in Boston.

On the single-family buy-side, Chestnut Hill agent Charlie McMillan brokered the sale of 167 Lake Avenue in Newton, which conveyed for $4,225,000. The residence - an 1895 Colonial Revival-style located across from Crystal Lake – features 7,040 square feet of living area situated on almost one half-acre of land. Renovated to blend the best of original period details with modern amenities, the residence enjoys numerous architectural features such as French doors, hardwood flooring, and custom finishes. Hammond's Matt Montgomery Group represented the seller in the transaction.

The $7,100,000 sale of 975 Memorial Drive, Penthouse 1105 at the Charles River Residences in Cambridge, is not only Hammond's top condominium sale on the listing side, but also the highest-priced condominium transaction to date within the City of Cambridge. Brokered by Hammond Cambridge agent Bonny Lamb, the residence sold for an impressive $1.1 million dollars over the asking price.

Featuring direct elevator access and 2,170 square feet of luxurious space, Penthouse 1105 includes three bedrooms, three full bathrooms, and one half-bathroom. The unit, which is outfitted with Smart Home technology and top-of-the-line appliances, also incorporates walls of glass and a private exterior terrace overlooking the Charles River, the Harvard University campus, and beyond.

Leonard DeSautels of Hammond Residential Real Estate's Back Bay/Beacon Hill office represented the buyer client in the $5,450,000 sale of a unit at 244 Marlborough Street in Boston, a spectacular penthouse duplex residence, circa 1882, that was redeveloped by Boston Property Development, LLC in the desirable Back Bay neighborhood. The unit features 3,100 square feet of living area with three bedrooms, two full bathrooms, and one half-bathroom. The residence also includes a private roof deck and two deeded parking spaces.

The Hammond South End team of John Ranco and Joe DeAngelo represented both sides of the $3,320,000 sale of 7 Columbus Square in the South End, a dramatic five story, 4,240 square foot multi-family row house, circa 1900, located across from historic Harriet Tubman Square. The building, which is comprised of fifteen total rooms, including six bedrooms, five bathrooms, and one half-bathroom, features an owner's penthouse duplex, two one-bedroom floor-through units, and a studio residence. Lovely architectural details such as high ceilings, marble fireplaces, and elegant woodwork can be found throughout the building, which also features an exterior balcony and deck. The sale of 7 Columbus Square also represents the top multi-family South End sale to date in 2016.

Lastly, the significant $4,740,000 sale of a parcel of land located at 0 Crafts Lane in Chestnut Hill's North Historic District was brokered by the Hammond team of Erin Baumgartner and Pauline Ho Bynum.  The parcel consists of five shovel-ready lots ranging in size from 12,219 square feet to 28,756 square feet. Included in the sale were architectural plans by well-known local architect Jan Gleysteen for residences ranging in size from 3,820 square feet to 8,627 square feet. The parcel is located in the desirable Heath School district and is close to numerous restaurant, retail, and transportation options, including Route 9 and the MBTA Green Line. The Hammond team of Jeet and Shal Shahani represented the buyer.

Saul Cohen said, "We are pleased to report on these successes. Hammond agents are extraordinary real estate professionals who are well-known for their dedication and commitment to providing superior client service. Their participation in the aforementioned significant transactions is a testament to their marketing abilities, negotiating skills, and marketplace knowledge."

Hammond Residential is headquartered in Chestnut Hill, and has three Boston locations and fifteen suburban branch offices. The company reports over two billion dollars in sales volume annually, ranking in sales volume among the top 500 firms in the United States, and as the sixth-highest in mean average sales price and the ninth-highest in sales volume per sales associate in the United States. Hammond is well-known as the publisher of the region's finest magazines featuring local properties for sale.

To learn more, please visit www.HammondRE.com.

SOURCE Hammond Residential Real Estate

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