NOT LISTED FOR SALE

Estimated Value: $484,000 - $624,000

2 Beds
2 Baths
1,216 Sq Ft
$177/mo HOA Fee

Last Sold November 10, 2022

Last sale price $248,000 $204 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,788/month

251 Days on Market

Highlights

  • Under Construction
  • Property is near public transit
  • Elevator
  • Deck
  • Wood Flooring
  • 4-minute walk to Polonia Playground

About This Home

As of November 2022

4 Deed Restricted Affordable Units for Sale at The Reginald.This unit has 2 bedrooms and 2 bath. All units come with one assigned car parking spot. The one bedroom units are being sold for $208,000 and the 2 bedroom units are being sold for $248,000. Selection by lottery. Asset, Use & Resale Restrictions apply. All may apply and preference given for City of Chelsea Residents. Preference for Households with at Least One Person per Bedroom. Preference for First Time Home Buyers. *These units are available to those who earn no more than 80% of the Area Median Income (AMI). Fully completed applications must be submitted online or by mail and must be postmarked on or before April 30th, 2022. You may only submit one application per household. Duplicate applications will be discarded and only one application per household will be accepted. Pictures and tour are virtual renditions. PROJECT COMPLETION SET FOR AUGUST 2022. SEE ATTACHED DOCUMENT TO LISTING

Last Agent to Sell the Property

Roy Avellaneda

Metropolitan Boston Real Estate, LLC Listed on: 03/04/2022

Last Buyer's Agent

Roy Avellaneda

Metropolitan Boston Real Estate, LLC Listed on: 03/04/2022

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2022 | Under Construction

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Level Entry For Accessibility
  • Deck
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1286134

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 20 Units
  • Low-Rise Condominium

Amenities

  • Common Area
  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 2022
  • Entry Level: 3
  • New Construction YN: Yes
  • Year Built Details: Under Construction
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Basement: N
  • Accessibility Features: Accessible Entrance
  • Living Area: 1216
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN7597
  • MAIN SO: AN7597

Exterior Features

  • Construction Materials: Frame
  • Patio And Porch Features: Deck, Deck - Roof
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 177
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 1286134
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 9999
  • Tax Annual Amount: 99999

Multi Family

  • Number Of Units Total: 20
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Nov 9, 2022
Sold by
25 Second Street Llc
Bought by
Palacios Flor G and Ruiz-Ayala Oscar
Seller's Agent
Roy Avellaneda
Metropolitan Boston Real Estate, LLC
Buyer's Agent
Roy Avellaneda
Metropolitan Boston Real Estate, LLC
List Price
$248,000
Sold Price
$248,000
Current Estimated Value
$576,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,102
Avg. Annual Appreciation
32.82%
Original Mortgage
$235,600
Outstanding Balance
$228,254
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,848
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
Palacios Flor G $248,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Flor G $235,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $248,000 0.0% $204 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $248,000 -- $204 / 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 $7,142 $620,500 $0 $620,500
2024 $7,157 $601,400 $0 $601,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73057377

MLS Property Information Network (MLS PIN)

APN: CHEL M:019 P:68306