NOT LISTED FOR SALE

Estimated Value: $788,000 - $904,117

9 Beds
3 Baths
3,600 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $425,000 $118 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,145/month

127 Days on Market

About This Home

As of September 2014

ATTENTION INVESTORS! Move quickly on this great 3 family located in Chelsea, MA! In need of some TLC but certainly not a drive by a must see! Offering 9 total bedrooms and great floor plans. Separated utilities, updated electrical, all heating units updated. Fully rented all tenant at will. Unit 2 offers 3 bedrooms, 1 bath features hardwoods floors throughout and tiled kitchen and bath. Unit 3 is 4 bedrooms, 1 full bath, hardwood floors and tiled kitchen and bath. Both units are sun filled and with some updates throughout including shower and tub stall in baths! Unit 1 is a basement unit with 2 bedrooms, 1 bath, hardwood floors and tiled bath w/family room, newly remodeled in 2011! Great income potential located walking distance to 'MBTA' Commuter rail and bus stops outside the front door. Plenty of off street parking including 2 car garage needing some attention. A great property with plenty to offer in the up and coming Chelsea community!

Last Agent to Sell the Property

Michael Foulds

Trinity Real Estate Listed on: 04/04/2014

Last Buyer's Agent

Janet Roach Enegren

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Highway Access, Public School, T-Station
  • Electric: 100 Amps, Individually Metered
  • Basement: Full, Partially Finished, Walk Out

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Gutters, Fenced Yard
  • Foundation: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 3
  • Hot Water: Oil, Natural Gas
  • Utility Connections: for Gas Range, Varies per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Warton Jaime C and Larson Louann M
Bought by
Warton Larson Ft and Warton
Current Estimated Value
$839,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$335,938
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$503,841

Purchase Details

Listed on
Apr 4, 2014
Closed on
Sep 8, 2014
Sold by
Doan Cathy and Nguyen Tam M
Bought by
Larson Louann M and Warton Jamie C
Seller's Agent
Michael Foulds
Trinity Real Estate
Buyer's Agent
Janet Roach Enegren
RE/MAX Andrew Realty Services
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$318,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2002
Sold by
Donovan Charles P
Bought by
Doane Cathy and Nguyen Tam N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warton Larson Ft -- None Available
Warton Larson Ft -- None Available
Warton Larson Ft -- None Available
Larson Louann M $425,000 --
Larson Louann M $425,000 --
Larson Louann M $425,000 --
Doane Cathy $350,000 --
Doane Cathy $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warton Larson Ft $370,000
Closed Warton Larson Ft $370,000
Previous Owner Larson Louann M $318,750
Previous Owner Doane Cathy $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2014 09/08/14 Sold $425,000 -5.5% $118 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $449,900 -- $125 / 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 $8,897 $773,000 $236,800 $536,200
2024 $8,976 $754,300 $236,800 $517,500
2023 $8,725 $704,800 $215,400 $489,400
2022 $8,834 $666,700 $205,100 $461,600
2021 $8,559 $628,400 $195,400 $433,000
2020 $7,083 $529,000 $186,100 $342,900
2019 $6,799 $477,100 $186,100 $291,000
2018 $6,136 $435,200 $186,100 $249,100
2017 $5,852 $408,100 $186,100 $222,000
2016 $5,501 $386,000 $186,100 $199,900
2015 $5,200 $361,100 $161,900 $199,200
2014 $4,474 $300,700 $140,700 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71655408

MLS Property Information Network (MLS PIN)

APN: CHEL-000065-000000-000008