$710,000
SOLD SEP 9, 2024
5 Beds
2 Baths
1,999 Sq Ft
2,384 Sq Ft Lot

Recently Sold

$355 Per Sq Ft

5% Above List Price

4 Days on Market

Highlights

  • Medical Services
  • Sun or Florida Room
  • Living Room
  • Property is near public transit
  • Home Office
  • 4-minute walk to Carter Park

About This Home

As of September 2024

Two family in booming Chelsea for under $700k! Great for investors or live in one unit & have the second unit help w/ the mortgage.This home has been well cared for by the same family for over 55 years! First floor offers a versatile floor plan w/ large eat-in kitchen, living room, bedroom & a second room being used as a family room but could easily be a second bedroom. Second floor is on two levels & offers 3-4 bedrooms w/ additional flex space for a home office. Burnham gas heating systems, short walk to bus stop, commuter rail, silver line, park & close to all major highways, shopping & everything the city has to offer. Being sold w/ adjacent 1,195 square foot lot which could be used for extra parking. Chelsea residents get discounted tolls & a residential tax exemption for owner occupants. This home is priced to sell & with a little sweat equity will make this one a slam dunk! Viewings to begin at Open House this Thursday, 7/25 from 4:30-6:30 pm & Saturday 7/27 from 12:00-2:00 pm.

Last Agent to Sell the Property

Nidia Peguero

Century 21 North East Listed on: 07/23/2024

Century 21 North East

Last Buyer's Agent

Cristofer Aguirre

EVO Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,302

Year Built

  • Built in 1900

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,999 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Home Office
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • 5 Grade Schools Elementary School
  • Brown Or Clark Middle School
  • Chelsea High School

Additional Features

  • 2,384 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:072 P:007,1289741

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,302

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Kitchen, Family Room, Office/Den, Sunroom
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 1999
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 337.62
  • PRICE PER Sq Ft: 355.18
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:072 P:007,1289741
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2384
  • Lot Size Units: Acres
  • PAGE: 0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6302
  • Tax Book Number: 000

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Chelsea High
  • Elementary School: 5 Grade Schools
  • Middle Or Junior School: Brown Or Clark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Jul 19, 2024
Sold by
Crespo Carmelo
Bought by
Crespo Leslie H
Seller's Agent
Nidia Peguero
Century 21 North East
Buyer's Agent
Cristofer Aguirre
EVO Real Estate Group, LLC
List Price
$674,900
Sold Price
$710,000
Premium/Discount to List
$35,100
5.2%
Views
29
Current Estimated Value
$715,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,220
Avg. Annual Appreciation
-0.44%
Original Mortgage
$568,000
Outstanding Balance
$563,524
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,480
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $568,000 Purchase Money Mortgage
Closed $568,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $146,250 No Value Available
Previous Owner $135,000 No Value Available
Previous Owner $105,000 No Value Available
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $710,000 +5.2% $355 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $674,900 -- $338 / 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 $6,244 $542,500 $161,300 $381,200
2024 $6,302 $529,600 $161,300 $368,300
2023 $6,124 $494,700 $146,600 $348,100
2022 $6,137 $463,200 $139,600 $323,600
2021 $5,944 $436,400 $133,000 $303,400
2020 $4,986 $372,400 $126,700 $245,700
2019 $4,613 $323,700 $126,700 $197,000
2018 $4,158 $294,900 $126,700 $168,200
2017 $3,964 $276,400 $126,700 $149,700
2016 $3,722 $261,200 $126,700 $134,500
2015 $3,439 $238,800 $110,100 $128,700
2014 $2,958 $198,800 $95,800 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73268529

MLS Property Information Network (MLS PIN)

APN: CHEL-000072-000000-000007