NOT LISTED FOR SALE

220 Spencer Ave Unit 102 Chelsea, MA 02150

Broadway Neighborhood

Estimated Value: $249,000 - $427,000

1 Bed
1 Bath
986 Sq Ft
$382/mo HOA Fee

Last Sold January 24, 2022

Last sale price $190,607 $193 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,299/month

15 Days on Market

About This Home

As of January 2022

OPPORTUNITY IS KNOCKING! This Spacious loft studio condo in the highly sought after Keen Studios Complex is waiting for you! This gem is completely open concept, so the possibilities are endless. Boasting 12 foot ceilings, exposed duct work, wood flooring and huge oversized windows that stream in lots of natural light. This unit has it all! The kitchen has a breakfast bar with seating and a walk in closet with LOTS OF COVETED STORAGE SPACE. There’s also Central Air. Can’t beat the location – close to Rt 1 & Rt 1A on the border of Revere, offering easy access to grocery stores, Target bus routes & more. Great opportunity to own for under $200K. *INCOME RESTRICTIONS APPLY* Malden Redevelopment Authority Affordable Resale Income Restrictions 1 person-$70,750; 2 person-$80,850. OWNER OCCUPANTS ONLY. See attachments for info.

Last Agent to Sell the Property

Marjorie Youngren

Coldwell Banker Realty - Lynnfield Listed on: 11/30/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Sabrina Morales

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,194

Year Built

  • 1900

HOA Fees

  • $382 per month

Utilities

  • 1 Cooling Zone
  • 1 Heating Zone

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,194

Year Built

1900

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Broadway to Stockton to Spencer or Webster St to Spencer
  • Garage Yn: No
  • Structure Type: Low-Rise
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range,Oven,Dishwasher,Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bathrooms: 1
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 193.31
  • PRICE PER Sq Ft: 193.31
  • MAIN SO: AN6181
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Internet Available - Unknown
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Common Walls: 2+ Common Walls
  • Disclosures: Open Floor Plan/No Bedroom Walls. Malden Redevelopment Authority Affordable Resale. Owner Occupants Only. Household Income Restrictions Apply. An Additional Condo Fee Beginning Jan. 1, 2022 For Special Assessment (Repairs & New Roof) Increase Monthly $70.56 For This Unit For 15 Yrs.
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street
  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • HEAT ZONES: 1
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating Yn: Yes
  • Laundry Features: In Building
  • Security: Intercom
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 102
  • MANAGEMENT: Professional - Off Site
  • Amenities: Hot Water, Laundry, Elevator(s)
  • Association Fee: 381.6
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Pets Allowed: Breed Restrictions

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • PAGE: 280
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Zoning: r3

Multi Family

  • NO UNITS OWNER OCC: 21
  • Number Of Units Total: 23

Tax Info

  • Tax Annual Amount: 2017
  • Tax Book Number: 56651
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 24, 2022
Sold by
Gangi William
Bought by
Costa-Faro Maria J
Seller's Agent
Marjorie Youngren
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Sabrina Morales
Coldwell Banker Realty - Boston
List Price
$190,607
Sold Price
$190,607
Current Estimated Value
$319,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,423
Avg. Annual Appreciation
16.11%
Original Mortgage
$184,889
Outstanding Balance
$171,093
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,755

Purchase Details

Listed on
Apr 18, 2016
Closed on
Aug 24, 2016
Sold by
Nelson Andrew T
Bought by
Gangi William
Seller's Agent
Paul Santucci
True North Realty
Buyer's Agent
Kaitlin Georges
Compass
List Price
$146,028
Sold Price
$146,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$129,028
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2009
Sold by
Caguas Llc and Keen Studios Condo
Bought by
Nelson Andrew J and Nelson Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage
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
Costa-Faro Maria J $190,607 None Available
Gangi William $146,028 --
Nelson Andrew J $120,000 --
Nelson Andrew J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa-Faro Maria J $184,889
Closed Costa-Faro Maria J $184,889
Previous Owner Gangi William $129,028
Previous Owner Nelson Andrew J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $190,607 0.0% $193 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $190,607 +30.5% $193 / Sq Ft
08/25/2016 08/25/16 Sold $146,028 0.0% $148 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $146,028 -- $148 / 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 $2,194 $190,600 $0 $190,600
2024 $2,268 $190,600 $0 $190,600
2023 $2,360 $190,600 $0 $190,600
2022 $1,962 $148,105 $0 $148,105
2021 $2,017 $148,105 $0 $148,105
2020 $3,330 $248,700 $0 $248,700
2019 $2,189 $153,600 $0 $153,600
2018 $2,037 $144,500 $0 $144,500
2017 $1,945 $135,600 $0 $135,600
2016 $1,793 $125,800 $0 $125,800
2015 $1,702 $118,200 $0 $118,200
2014 $1,670 $112,200 $0 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72923732

MLS Property Information Network (MLS PIN)

APN: CHEL-000067-000000-000102-U000000