NOT LISTED FOR SALE

39 Crescent Ave Unit 5 Chelsea, MA 02150

Broadway Neighborhood

Estimated Value: $268,000 - $314,000

2 Beds
1 Bath
689 Sq Ft
$436/mo HOA Fee

Last Sold March 29, 2021

Last sale price $211,500 $307 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,203/month

2 Days on Market

About This Home

As of March 2021

Investors take notice! Turnkey condo unit available along with 3 other units U1-U3-& U11! Are you looking for a positive cash flow investment and a building that takes care of itself? Well, look no further, your opportunity is here! This condo is located in the trendy Cary Square Neighborhood, in a solid brick building. Convenient to bus route, steps to commuter rail and access to all major routes. Rt.93, Rt.16, & Rt.1. This rental is the best of both worlds, it just like there is a built-in property manager. You can simply pay the monthly condo fee and let the building take care of itself, all while you collect your monthly rent. Invest in Chelsea now before before the opportunities are gone. Banks may not be willing to offer you such a worthwhile return on investment, but this unit can!

Last Agent to Sell the Property

Jonathan Mathews

Legacy Realty Advisors LLC Listed on: 03/12/2021

Last Buyer's Agent

Laxmi Khanal

StartPoint Realty

StartPoint Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

HOA Fees

  • $436 per month

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number M:048 P:11805

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 326.56
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1965
  • Lead Paint: Unknown
  • Unit Building: 5
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1965

Interior Features

  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 4
  • No Living Levels: 1
  • Main Lo: BB5522
  • Main So: AN5454
  • Estimated Sq Ft: 689.00

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 436.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping
  • Condo Association: Yes

Lot Info

  • Assessments: 189700.00
  • Page: 159
  • Parcel Number: M:048 P:11805
  • Zoning: RES

Tax Info

  • Taxes: 2540.00
  • Assessor Parcel Number: 4596895
  • Tax Year: 2020

Multi Family

  • No Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Mar 29, 2021
Sold by
Isha Properties Llc
Bought by
Karki Pratima and Joshi Riya
Seller's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
Buyer's Agent
Laxmi Khanal
StartPoint Realty
List Price
$225,000
Sold Price
$211,500
Premium/Discount to List
-$13,500
-6%
Current Estimated Value
$297,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,237
Avg. Annual Appreciation
7.55%
Original Mortgage
$158,625
Outstanding Balance
$141,946
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,791

Purchase Details

Listed on
Jan 22, 2018
Closed on
Mar 2, 2018
Sold by
Highland Rt Llc
Bought by
Isha Properties Llc
Seller's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
Buyer's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
List Price
$189,000
Sold Price
$176,875
Premium/Discount to List
-$12,125
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
May 27, 2011
Sold by
Rendon Edwin and Rendon Diana
Bought by
Highland Rt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
39 Crescent Avenue Con and Waterford Three Llc
Bought by
Reindon Diana and Reindon Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Karki Pratima $211,500 None Available
Karki Pratima $211,500 None Available
Karki Pratima $211,500 None Available
Isha Properties Llc $176,875 --
Isha Properties Llc $176,875 --
Isha Properties Llc $176,875 --
Isha Properties Llc $176,875 --
Highland Rt Llc $75,000 --
Highland Rt Llc $75,000 --
Reindon Diana $191,000 --
Reindon Diana $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karki Pratima $158,625
Closed Karki Pratima $158,625
Previous Owner Reindon Diana $75,000
Previous Owner Highland Rt Llc $60,000
Previous Owner Reindon Diana $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2021 03/29/21 Sold $211,500 -6.0% $307 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $225,000 +27.2% $327 / Sq Ft
03/01/2018 03/01/18 Sold $176,875 -6.4% $257 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $189,000 -- $274 / 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 $2,417 $210,000 $0 $210,000
2024 $2,385 $200,400 $0 $200,400
2023 $2,571 $207,700 $0 $207,700
2022 $2,776 $209,500 $0 $209,500
2021 $2,746 $201,600 $0 $201,600
2020 $2,540 $189,700 $0 $189,700
2019 $2,427 $170,300 $0 $170,300
2018 $2,486 $176,300 $0 $176,300
2017 $2,214 $154,400 $0 $154,400
2016 $2,042 $143,300 $0 $143,300
2015 $1,885 $130,900 $0 $130,900
2014 $1,851 $124,400 $0 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72797769

MLS Property Information Network (MLS PIN)

APN: CHEL-000048-000000-011805