A
Seller's Agent in 2022
Alex Gutierrez
RE/MAX
(855) 886-3342
1 in this area
1 Total Sale
168 Chestnut St Chelsea, MA 02150
Broadway NeighborhoodEstimated Value: $907,816 - $1,062,000
9
Beds
3
Baths
4,215
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- City View
- Heating System Uses Natural Gas
- 3-minute walk to Kayem Park
- Level Lot
About This Home
As of December 2022Must See*** Owner occupant or investment. Multifamily on the desirable Chestnut Street in Chelsea. Central location right off of the Tobin Bridge Rte Beacon St exit! Easy Access to route 93, Revere beach parkway and Route 1. Steps from the 111 Mbta bus stop to Boston. Just a 10-minute drive to Downtown Boston. 11 minute drive to the new encore casino. Close to shopping, restaurants, banks, stores, and public transportation (111, Commuter rail, and silver line) The apartment building has great tenants. Close to the bus stop and parking lot in the corner for residents. Extra-large units, spacious layout, each unit has private back decks. Gas Heat, all hot water tanks and furnaces have been replaced in the last 3 years! Space to expand in the basement .Age of roof is 7 years. Tons of value, at a great price. Do not miss out on this rare opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,845
Year Built
- Built in 1920
Lot Details
- 2,000 Sq Ft Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 4,215 Sq Ft Home
- City Views
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $8,000
- Assessor Parcel Number M:028 P:045,1287014
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $38,640
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2025
Sold by
Pratt Peggy and Calle Juan
Bought by
Pratt-Calle Ft and Pratt
Current Estimated Value
Purchase Details
Closed on
Mar 9, 2024
Sold by
Franco Diana
Bought by
Franco Diana and Pratt Peggy
Purchase Details
Listed on
Jul 11, 2022
Closed on
Dec 20, 2022
Sold by
Gutierrez Lenin L
Bought by
Franco Diana
Seller's Agent
Alex Gutierrez
RE/MAX Partners Relocation
Buyer's Agent
Peggy Pratt
Century 21 North East
List Price
$905,000
Sold Price
$800,000
Premium/Discount to List
-$105,000
-11.6%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$600,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2009
Sold by
Rodriguez Maria and Hernandez Juan
Bought by
Gutierrez Lenin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,016
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 2000
Sold by
Michel Alan and Michel Helene
Bought by
Rodriguez Maria and Hernandez Juan
Purchase Details
Closed on
Jun 22, 1987
Sold by
Windstorm Rlty Tr
Bought by
Crawford Douglas
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pratt-Calle Ft | -- | None Available | |
| Pratt-Calle Ft | -- | None Available | |
| Franco Diana | -- | None Available | |
| Franco Diana | -- | None Available | |
| Franco Diana | $800,000 | None Available | |
| Franco Diana | $800,000 | None Available | |
| Franco Diana | $800,000 | None Available | |
| Gutierrez Lenin L | $290,008 | -- | |
| Gutierrez Lenin L | $290,008 | -- | |
| Gutierrez Lenin L | $290,008 | -- | |
| Rodriguez Maria | $255,000 | -- | |
| Rodriguez Maria | $255,000 | -- | |
| Crawford Douglas | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Franco Diana | $600,000 | |
| Previous Owner | Gutierrez Lenin L | $58,016 | |
| Previous Owner | Crawford Douglas | $223,264 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2022 12/20/22 | Sold | $800,000 | -11.6% | $190 / Sq Ft |
| 11/25/2022 11/25/22 | Pending | -- | -- | -- |
| 11/25/2022 11/25/22 | For Sale | $905,000 | 0.0% | $215 / Sq Ft |
| 11/16/2022 11/16/22 | Pending | -- | -- | -- |
| 11/01/2022 11/01/22 | For Sale | $905,000 | 0.0% | $215 / Sq Ft |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 09/27/2022 09/27/22 | For Sale | $905,000 | +13.1% | $215 / Sq Ft |
| 09/25/2022 09/25/22 | Off Market | $800,000 | -- | -- |
| 08/26/2022 08/26/22 | Price Changed | $905,000 | -2.2% | $215 / Sq Ft |
| 08/23/2022 08/23/22 | Price Changed | $925,000 | -3.4% | $219 / Sq Ft |
| 07/28/2022 07/28/22 | Price Changed | $958,000 | -4.0% | $227 / Sq Ft |
| 07/11/2022 07/11/22 | For Sale | $998,000 | -- | $237 / 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 | $10,039 | $872,200 | $137,400 | $734,800 |
| 2024 | $10,379 | $872,200 | $137,400 | $734,800 |
| 2023 | $10,730 | $866,700 | $124,900 | $741,800 |
| 2022 | $10,845 | $818,500 | $119,000 | $699,500 |
| 2021 | $10,445 | $766,900 | $113,300 | $653,600 |
| 2020 | $9,009 | $672,800 | $107,900 | $564,900 |
| 2019 | $8,765 | $615,100 | $107,900 | $507,200 |
| 2018 | $6,038 | $428,200 | $107,900 | $320,300 |
| 2017 | $5,768 | $402,200 | $107,900 | $294,300 |
| 2016 | $4,779 | $335,400 | $107,900 | $227,500 |
| 2015 | $4,156 | $288,600 | $93,800 | $194,800 |
| 2014 | $3,632 | $244,100 | $81,600 | $162,500 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Gutierrez
-
Peggy Pratt
Buyer's Agent in 2022
Peggy Pratt
Century 21 North East
(781) 286-8900
3 in this area
174 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73010374
APN: CHEL-000028-000000-000045
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