NOT LISTED FOR SALE

Estimated Value: $1,049,000 - $1,355,123

9 Beds
6 Baths
4,776 Sq Ft
$259/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $1,200,000 $251 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,034/month

118 Days on Market

About This Home

As of November 2022

Exclusive offering of an expansive multi-family in a popular area of Chelsea consisting of 3 residential units. The building underwent a renovation in 2020, updating to an open layout, new paint, refinished floors, new electrical, windows, siding and most recently a new roof in 2022. This asset is ideal for an owner occupant or rent out the entire building and choose your tenants for the popular 9/1 availability date! Also, excellent potential for condo conversion. Building to be sold as-is. All interested parties will have any opportunity to tour privately!

Last Agent to Sell the Property

Aubrey Liss

Jacob Realty, LLC Listed on: 06/03/2022

Last Buyer's Agent

Jesse Malzone

Silver Key Homes Realty

Silver Key Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,349

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • 4,776 Sq Ft Home
  • Triplex
  • Block Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms

Listing and Financial Details

  • Total Actual Rent $9,200
  • Assessor Parcel Number 1288826

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $88,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,349

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Total Bathrooms: 4.5
  • Living Area: 4776
  • Stories Total: 6
  • MAIN LO: NB4230
  • LIST PRICE PER Sq Ft: 255.44
  • PRICE PER Sq Ft: 251.26
  • MAIN SO: AN1199

Exterior Features

  • Foundation Details: Block
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 1288826
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 72
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 16349
  • Tax Book Number: 60807

Multi Family

  • Gross Income: 110400
  • Net Operating Income: 88320
  • Number Of Units Total: 3
  • Total Actual Rent: 9200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Dec 16, 2022
Sold by
Chopra Raman and Chopra Vanita
Bought by
106 Clark Ave Rt and Chopra
Seller's Agent
Aubrey Liss
Jacob Realty, LLC
Buyer's Agent
Jesse Malzone
Silver Key Homes Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
32
Current Estimated Value
$1,236,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,031
Avg. Annual Appreciation
1.41%
Original Mortgage
$840,000
Outstanding Balance
$808,086
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$439,606

Purchase Details

Closed on
Sep 1, 2009
Sold by
Minsky Beverly
Bought by
Ford Michael F

Purchase Details

Closed on
Jul 23, 2004
Sold by
Minsky Frances
Bought by
Minsky Beverly

Purchase Details

Closed on
Feb 24, 1997
Sold by
Minsky Frances
Bought by
Express Funding Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
106 Clark Ave Rt -- None Available
106 Clark Ave Rt -- None Available
Ford Michael F -- --
Ford Michael F -- --
Minsky Beverly -- --
Minsky Beverly -- --
Express Funding Inc $115,500 --
Express Funding Inc $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chopra Raman $840,000
Closed Chopra Raman $840,000
Previous Owner 106 Clark Llc $740,300
Previous Owner 106 Clark Llc $1,008,750
Previous Owner Express Funding Inc $128,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $1,200,000 0.0% $251 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/30/2022 09/30/22 Off Market $1,200,000 -- --
09/21/2022 09/21/22 Pending -- -- --
08/07/2022 08/07/22 Price Changed $1,220,000 -2.0% $255 / Sq Ft
07/10/2022 07/10/22 Price Changed $1,245,000 -0.4% $261 / Sq Ft
06/03/2022 06/03/22 For Sale $1,250,000 +108.3% $262 / Sq Ft
03/01/2019 03/01/19 Sold $600,100 +9.5% $125 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $548,000 -- $114 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,591 $1,354,600 $236,400 $1,118,200
2024 $16,879 $1,418,400 $236,400 $1,182,000
2023 $16,218 $1,310,000 $215,000 $1,095,000
2022 $16,349 $1,233,900 $204,700 $1,029,200
2021 $15,768 $1,157,700 $195,000 $962,700
2020 $9,040 $675,100 $185,700 $489,400
2019 $8,822 $619,100 $185,700 $433,400
2018 $8,037 $570,000 $185,700 $384,300
2017 $7,721 $538,400 $185,700 $352,700
2016 $6,545 $459,300 $185,700 $273,600
2015 $5,469 $379,800 $161,500 $218,300
2014 $4,796 $322,300 $140,400 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72992040

MLS Property Information Network (MLS PIN)

APN: CHEL-000058-000000-000072