Seller's Agent in 2018
Darren Franco
Spectrum Real Estate, LLC
(617) 901-1050
2 in this area
8 Total Sales
116 Marlborough St Chelsea, MA 02150
Bellingham Square NeighborhoodEstimated Value: $1,019,000 - $1,213,785
11
Beds
3
Baths
3,606
Sq Ft
$302/Sq Ft
Est. Value
About This Home
As of June 2018DELEADED CASH COW! Large three family in up and coming Chelsea just three blocks from new Silver Line station. Close to area amenities and easy commute to downtown and Seaport. All units offer 3-4 bedrooms with large kitchens and living rooms. Unit 2 and 3 fully renovated in 2015 with brand new kitchens, windows, and beautiful hardwood floors throughout. Units 1 and 3 leased through August 31 with steady tenants. Unit 2 currently vacant. Basement has laundry and separate gas/electric for each unit. Own this wonderful investment property or occupy a unit with the entire mortgage paid.
Last Buyer's Agent
Kenneth Kirk
eXp Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,739
Year Built
- Built in 1920
Lot Details
- 3,485
Flooring
- Wood
- Tile
Additional Features
- Deck
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:031 P:091
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2018
Closed on
Jun 14, 2018
Sold by
Rao Liana and Rao Arjun
Bought by
Young Grace
Seller's Agent
Darren Franco
Spectrum Real Estate, LLC
Buyer's Agent
Kenneth Kirk
eXp Realty
List Price
$749,900
Sold Price
$729,000
Premium/Discount to List
-$20,900
-2.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,448
Avg. Annual Appreciation
5.75%
Original Mortgage
$546,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 14, 2015
Closed on
Jul 31, 2015
Sold by
116 Marlboro Street Rt
Bought by
Rao Liana and Rao Arjun
Seller's Agent
JESSICA KEEFE
iMillionaire Real Estate & Associates
Buyer's Agent
JESSICA KEEFE
iMillionaire Real Estate & Associates
List Price
$479,000
Sold Price
$475,000
Premium/Discount to List
-$4,000
-0.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$356,250
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 2011
Sold by
Frometa Ramon
Bought by
116 Marlboro Street Rt and Frometa
Purchase Details
Closed on
Sep 9, 2010
Sold by
116 Marlboro St Rt and Corona-Perez
Bought by
Frometa Ramon
Purchase Details
Closed on
Dec 11, 1995
Sold by
Kalotkin Arthur
Bought by
Frometa Ramon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Young Grace | $729,000 | -- | |
| Rao Liana | $475,000 | -- | |
| 116 Marlboro Street Rt | -- | -- | |
| 116 Marlboro Street Rt | -- | -- | |
| Frometa Ramon | -- | -- | |
| Frometa Ramon | -- | -- | |
| Frometa Ramon | $75,000 | -- | |
| Frometa Ramon | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Grace | $529,500 | |
| Closed | Young Grace | $546,750 | |
| Previous Owner | Rao Liana | $356,250 | |
| Previous Owner | Frometa Ramon | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2018 06/14/18 | Sold | $729,000 | -2.8% | $202 / Sq Ft |
| 05/04/2018 05/04/18 | Pending | -- | -- | -- |
| 04/23/2018 04/23/18 | For Sale | $749,900 | 0.0% | $208 / Sq Ft |
| 04/10/2018 04/10/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $749,900 | +57.9% | $208 / Sq Ft |
| 07/31/2015 07/31/15 | Sold | $475,000 | -0.8% | $133 / Sq Ft |
| 07/01/2015 07/01/15 | Pending | -- | -- | -- |
| 05/14/2015 05/14/15 | For Sale | $479,000 | -- | $134 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $10,739 | $933,000 | $187,800 | $745,200 |
| 2024 | $11,103 | $933,000 | $187,800 | $745,200 |
| 2023 | $10,653 | $860,500 | $170,700 | $689,800 |
| 2022 | $10,788 | $814,200 | $162,600 | $651,600 |
| 2021 | $10,403 | $763,800 | $154,900 | $608,900 |
| 2020 | $9,664 | $721,700 | $147,500 | $574,200 |
| 2019 | $8,623 | $605,100 | $147,500 | $457,600 |
| 2018 | $7,752 | $549,800 | $147,500 | $402,300 |
| 2017 | $7,366 | $513,700 | $147,500 | $366,200 |
| 2016 | $5,558 | $390,000 | $147,500 | $242,500 |
| 2015 | $4,801 | $333,400 | $128,300 | $205,100 |
| 2014 | $4,177 | $280,700 | $111,500 | $169,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2018
Kenneth Kirk
eXp Realty
-
J
Seller's Agent in 2015
JESSICA KEEFE
iMillionaire Real Estate & Associates
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72301351
APN: CHEL-000031-000000-000091
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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