NOT LISTED FOR SALE

220 Spencer Ave Unit 202 Chelsea, MA 02150

Broadway Neighborhood

Estimated Value: $289,000 - $424,000

1 Bed
1 Bath
991 Sq Ft
$383/mo HOA Fee

Last Sold November 18, 2021

Last sale price $220,038 $222 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,447/month

6 Days on Market

About This Home

As of November 2021

Rarely available, this sundrenched loft condo in the beautiful Keen Studios Complex! Completely open, this very cool space has high ceilings, oversized windows flood the space with amazing natural light, exposed duct work, and wood flooring. The functional and updated fully appliance kitchen has a breakfast bar with seating , allowing you to cook and be part of the fun! An amazing walk-in closet offers tons of storage, there is central air, and the building has an elevator. This prime location has you situated close to Rt 1 and Rt 1A on the border of Revere, offering easy access to several bus routes, Logan Airport, Revere Beach, Merritt Park and Parkway Plaza shopping Center. Great opportunity for under $230,000. *Income Restrictions Apply* Malden Redevelopment Authority Affordable Resale income restrictions 1 person-$70,750/ 2 person-$80,850. Owner Occupants only. Please join us to view this gorgeous unit when showings begin at Open house Sunday, October 3rd 11am-12:30pm.

Last Agent to Sell the Property

Nicole Reid

Aluxety Listed on: 09/29/2021

Last Buyer's Agent

Michael Juliano

Boardwalk Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,532

Year Built

  • 1900

HOA Fees

  • $383 per month

Community Details

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,532

Year Built

1900

Lot Details

0

HOA Fees

$383 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,Dishwasher,Refrigerator,Freezer
  • Total Bathrooms: 1
  • MAIN LO: AN1532
  • LIST PRICE PER Sq Ft: 222.04
  • PRICE PER Sq Ft: 222.04
  • MAIN SO: B30601
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood
  • Stories: 1

Exterior Features

  • 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, An Additional Condo Fee Expected In Next Few Months For % Of Repairs And New Roof. Approx Increase Monthy $87.94 For 15years For Unit 202
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street
  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: In Building
  • Security: Intercom
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 202
  • MANAGEMENT: Professional - Off Site
  • Amenities: Hot Water, Laundry, Elevator(s)
  • Association Fee: 383.34
  • 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: 331
  • 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: 2606
  • Tax Book Number: 46357
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 18, 2021
Sold by
Picazio Ryan
Bought by
Mancini Phillip M
Seller's Agent
Nicole Reid
Aluxety
Buyer's Agent
Michael Juliano
Boardwalk Realty Group
List Price
$220,038
Sold Price
$220,038
Current Estimated Value
$340,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,733
Avg. Annual Appreciation
12.27%
Original Mortgage
$180,000
Outstanding Balance
$165,630
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$175,141

Purchase Details

Closed on
May 3, 2010
Sold by
Caguas Llc and Keen Studios Condo
Bought by
Picazio Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,350
Interest Rate
4.99%
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
Mancini Phillip M $220,038 None Available
Picazio Ryan $155,000 --
Picazio Ryan $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancini Phillip M $180,000
Closed Mancini Phillip M $180,000
Previous Owner Picazio Ryan $114,350
Previous Owner Picazio Ryan $31,000
Previous Owner Picazio Ryan $5,051
Previous Owner Picazio Ryan $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $220,038 0.0% $222 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $220,038 -- $222 / 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 $2,532 $220,000 $0 $220,000
2024 $2,618 $220,000 $0 $220,000
2023 $2,724 $220,000 $0 $220,000
2022 $2,535 $191,302 $0 $191,302
2021 $2,606 $191,302 $0 $191,302
2020 $3,341 $249,500 $0 $249,500
2019 $2,780 $195,100 $0 $195,100
2018 $2,587 $183,500 $0 $183,500
2017 $2,471 $172,300 $0 $172,300
2016 $2,277 $159,800 $0 $159,800
2015 $2,163 $150,200 $0 $150,200
2014 $2,122 $142,600 $0 $142,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72901835

MLS Property Information Network (MLS PIN)

APN: CHEL-000067-000000-000202-U000000