NOT LISTED FOR SALE

Estimated Value: $1,032,000 - $1,344,000

14 Beds
3 Baths
4,500 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 31, 2014

Last sale price $510,000 $113 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,909/month

75 Days on Market

About This Home

As of May 2014

HUGE Stunning Chelsea BRICK Three family in PRIME location!!! The building is fully occupied and DE-LEADED!!! Units feature gleaming oak hardwood floors, stainless steel appliances, granite eat in kitchens and tile bathrooms. All Utilities are separately metered and tenants pay their own utilities. The Building is footsteps from City Main Square and is located near major routes, MBTA, shopping center and schools, across from City Hall. RARE and exceptional opportunity for cash flow.

Last Agent to Sell the Property

Nick Spagnola

Centre Realty Group Listed on: 02/15/2014

Centre Realty Group

Last Buyer's Agent

Kevin Peng

KM Realty Group

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 20
  • Amenities: Public Transportation, Park, Medical Facility, Highway Access, Public School
  • Electric: 200 Amps
  • Basement: Full

Exterior Features

  • Construction: Brick
  • Foundation: Brick

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
May 30, 2014
Sold by
286 Chesnut Llc
Bought by
Wu Jin B
Seller's Agent
Nick Spagnola
Centre Realty Group
Buyer's Agent
Kevin Peng
KM Realty Group
List Price
$589,000
Sold Price
$510,000
Premium/Discount to List
-$79,000
-13.41%
Current Estimated Value
$1,125,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,702
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Aug 9, 2010
Sold by
Aurora Loan Svcs Llc
Bought by
286 Chestnut Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2008
Sold by
Welty Brant and Aurora Loan Svcs Llc
Bought by
Aurora Loan Svcs Llc

Purchase Details

Closed on
Mar 8, 2007
Sold by
Labrada Fabio and Labrada Kerri
Bought by
Welty Brant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.3%
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
Wu Jin B $510,000 --
Wu Jin B $510,000 --
286 Chestnut Llc $195,000 --
286 Chestnut Llc $195,000 --
Aurora Loan Svcs Llc $201,000 --
Aurora Loan Svcs Llc $201,000 --
Welty Brant $485,000 --
Welty Brant $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welty Brant $328,000
Previous Owner 286 Chestnut Llc $239,000
Previous Owner Welty Brant $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2014 05/31/14 Sold $510,000 -13.4% $113 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $589,000 -- $131 / 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 $11,861 $1,030,500 $163,600 $866,900
2024 $12,263 $1,030,500 $163,600 $866,900
2023 $11,775 $951,100 $148,800 $802,300
2022 $11,904 $898,400 $141,700 $756,700
2021 $11,467 $841,900 $134,900 $707,000
2020 $10,646 $795,100 $128,500 $666,600
2019 $10,613 $744,800 $128,500 $616,300
2018 $8,756 $621,000 $128,500 $492,500
2017 $8,643 $602,700 $128,500 $474,200
2016 $7,000 $491,200 $128,500 $362,700
2015 $6,427 $446,300 $111,800 $334,500
2014 $5,520 $371,000 $97,100 $273,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71633887

MLS Property Information Network (MLS PIN)

APN: CHEL-000038-000000-000095