D
Seller's Agent in 2023
Dennis Kelleher
Horvath & Tremblay
237 Chestnut St Chelsea, MA 02150
Broadway NeighborhoodEstimated Value: $984,000 - $1,042,000
9
Beds
3
Baths
3,515
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- 1-minute walk to Kayem Park
- Park
- Shops
About This Home
As of May 2023237 Chestnut is situated in the heart of Chelsea, a high-density urban-infill city just northeast of downtown Boston, and located one block from Broadway, the area’s primary commercial corridor. The building has been well maintained during ownership, and the incoming owner has the option to improve unit conditions strategically to maximize rents in a supply constrained market. The property is a three unit multi-family building comprised of three, 3-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly while the landlord is responsible for domestic water and sewer. Building amenities include a coin-op laundry room. 237 Chestnut Street is 0.5-miles from the Mystic Mall, 1-mile from Parkway Plaza Shopping Center and is 2.5-miles from the Gateway Center, anchored by Costco, Home Depot & Target, and the new Encore Boston Harbor Resort & Casino.
Last Agent to Sell the Property
Dennis Kelleher
Horvath & Tremblay Listed on: 02/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,349
Year Built
- Built in 1920
Lot Details
- 1,873
Parking
- Off-Street Parking
Home Design
- 3,515 Sq Ft Home
- Triplex
- Rubber Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Separate Meters
- Gas Water Heater
Additional Features
- 1,873 Sq Ft Lot
- Property is near public transit
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 1287677
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2018
Sold by
Ammon Theodore P and Ammon Kathleen M
Bought by
First Light Ventures L
Current Estimated Value
Purchase Details
Closed on
Sep 5, 2008
Sold by
Lopez Ramon and Bank Of New York
Bought by
Bank Of New York
Purchase Details
Closed on
Jul 5, 2006
Sold by
237-239 Chestnut St Rt and Jorge
Bought by
Lopez Ramon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 22, 1995
Sold by
Metrofund 5 Rt
Bought by
Jorge Edward D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.47%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| First Light Ventures L | -- | -- | |
| First Light Ventures L | -- | -- | |
| Bank Of New York | $413,888 | -- | |
| Bank Of New York | $413,888 | -- | |
| Lopez Ramon | $440,000 | -- | |
| Lopez Ramon | $440,000 | -- | |
| Jorge Edward D | $275,000 | -- | |
| Jorge Edward D | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez Yeison | $830,000 | |
| Closed | Rodriguez Yeison | $830,000 | |
| Open | First Light Ventures Llc | $2,192,400 | |
| Closed | First Light Ventures Llc | $2,192,400 | |
| Previous Owner | Ammon Theodore P | $521,250 | |
| Previous Owner | Chelsea Restoration Co | $70,810 | |
| Previous Owner | Lopez Ramon | $352,000 | |
| Previous Owner | Sierra Claudia | $88,000 | |
| Previous Owner | Metrofund Ii Rt | $203,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2023 05/08/23 | Sold | $900,000 | 0.0% | $256 / Sq Ft |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | For Sale | $900,000 | -- | $256 / 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 | $10,694 | $929,100 | $134,200 | $794,900 |
| 2024 | $12,403 | $1,042,300 | $134,200 | $908,100 |
| 2023 | $13,057 | $1,054,700 | $122,000 | $932,700 |
| 2022 | $13,217 | $997,500 | $116,200 | $881,300 |
| 2021 | $12,725 | $934,300 | $110,700 | $823,600 |
| 2020 | $11,810 | $882,000 | $105,400 | $776,600 |
| 2019 | $7,545 | $529,500 | $105,400 | $424,100 |
| 2018 | $6,283 | $445,600 | $105,400 | $340,200 |
| 2017 | $5,970 | $416,300 | $105,400 | $310,900 |
| 2016 | $4,908 | $344,400 | $105,400 | $239,000 |
| 2015 | $4,265 | $296,200 | $91,600 | $204,600 |
| 2014 | $3,702 | $248,800 | $79,700 | $169,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Juan Cano
Broad Sound Real Estate, LLC
(617) 230-1486
2 in this area
172 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73082152
APN: CHEL-000038-000000-000014
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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