NOT LISTED FOR SALE

178 Washington Ave Chelsea, MA 02150

Addison-Orange Neighborhood

Estimated Value: $11,097,170

1 Bed
20 Baths
625 Sq Ft
$17,755/Sq Ft Est. Value

About This Home

New Construction, Ultra Modern 1 bedroom 1 bath. Open concept kitchen and living room area. Spacious bedroom with walk in closet. High ceilings and recessed lighting. Large windows allow for plenty of natural light. Has oak hardwood floors throughout. Granite countertops and stainless steal appliances. Stackable washer and dryer in the unit. Elevator building. Has central AC, video intercom system, and keyless entry. Unit comes with one parking space in the underground garage. Located in Carey Square. On the bus stop. Express bus to Haymarket in Boston. Silver line and the commuter rail close by, with easy access to Boston and Logan airport.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Ara Property Llc and Aaap Property Llc
Bought by
178 Washington Ave Llc
Current Estimated Value
$11,097,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Outstanding Balance
$7,148,211
Interest Rate
5.3%
Mortgage Type
Commercial
Estimated Equity
$3,948,959

Purchase Details

Closed on
Oct 23, 2019
Sold by
7-11 Llc
Bought by
Ara Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,271,295
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2017
Sold by
Tfs Newco Llc
Bought by
7-11 Inc

Purchase Details

Closed on
Sep 4, 2015
Sold by
Tedeschi Food Shope In
Bought by
Tfs Newco Llc

Purchase Details

Closed on
Apr 27, 1994
Sold by
Kitay Sap Rt and Central Coop Bk
Bought by
Central Coop Bk

Purchase Details

Closed on
Jun 11, 1993
Sold by
Central Cp Bk
Bought by
Kitay-Sap Rt and Kitaygorgodsky Yury
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
178 Washington Ave Llc $10,000,000 None Available
178 Washington Ave Llc $10,000,000 None Available
Ara Property Llc $1,500,000 --
Ara Property Llc $1,500,000 --
7-11 Inc -- --
7-11 Inc -- --
Tfs Newco Llc -- --
Tfs Newco Llc -- --
Central Coop Bk $184,000 --
Central Coop Bk $184,000 --
Kitay-Sap Rt $305,000 --
Kavlakian S $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 178 Washington Ave Llc $7,500,000
Closed 178 Washington Ave Llc $7,500,000
Previous Owner Ara Property Llc $5,271,295
Previous Owner Kavlakian S $13,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 For Rent $2,400 -4.0% --
09/18/2024 09/18/24 For Rent $2,500 -- --

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 $0 $9,819,200 $338,800 $9,480,400
2024 $71,671 $9,670,400 $322,600 $9,347,800
2023 $0 $5,431,100 $322,600 $5,108,500
2022 $0 $1,497,800 $322,600 $1,175,200
2021 $7,901 $296,600 $245,800 $50,800
2020 $22,459 $826,900 $234,100 $592,800
2019 $23,289 $799,200 $234,100 $565,100
2018 $19,929 $670,100 $234,100 $436,000
2017 $19,713 $646,100 $234,100 $412,000
2016 $20,450 $634,100 $234,100 $400,000
2015 $20,856 $623,500 $234,100 $389,400
2014 $20,103 $557,800 $212,900 $344,900
Source: Public Records

Map

Massachusetts Suffolk County Chelsea 02150 Addison-Orange

178 Washington Ave, Chelsea, MA

Not Listed for Sale

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