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Loft at 64 Marion Street Sets East Boston Sales Record

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It's been a parlor game in real estate circles for a couple of months now: How much would the two-level loft in a converted firehouse at 64 Marion Street in East Boston sell for and would it set a sales record? The odds certainly looked fabulous: The 3,643-square-footer with three bedrooms and three bathrooms (as well as more than 1,400 square feet of private outdoor space) was asking $1,499,000 through Keller Williams' Paul Campano when it found a buyer a few days before Halloween. That amount was more than enough to set a record for the most expensive home ever traded in a rapidly changing Eastie. How do we know this? Because the same spread set the last neighborhood sales record when it sold in 2005 for $1,150,000. It has, indeed, broken that record: 64 Marion went for $1,345,000 in a deal that closed Dec. 29. As Campano, the listing broker, put it in an email to us, the trade might be but the tip of an iceberg. "This may be the record for now, but I can foresee this sale having competition in the not too distant future." Stay tuned in the new year.
· East Boston: Low Supply, High Demand, Brooklyn Bound [Curbed Boston]
· Forget Market Basket. How About Market Value in Today's Hub? [Curbed Boston]
· Our Big Deals archive [Curbed Boston]