NOT LISTED FOR SALE

51 Addison St Chelsea, MA 02150

Addison-Orange Neighborhood

Estimated Value: $661,000 - $771,000

6 Beds
2 Baths
2,580 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $410,000 $159 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,412/month

10 Days on Market

About This Home

As of July 2016

This Two Family home had the bathrooms, windows, gas heating systems, electrical, siding, rear porches and roof updated in the year 2006.. 1st floor unit has 4 rooms / 2 bedrooms / and 1 bath and 2nd floor unit is on 2 levels 8 rooms / 4 bedrooms / 1bath. Hardwood floors throughout, small yard. Two rental units currently are T.A.W.

Last Agent to Sell the Property

Edgar Ferrer

eXp Realty Listed on: 05/06/2016

eXp Realty

Last Buyer's Agent

Rosa Martinez

Hacienda Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,312

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Park, Laundromat, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Basement: Full, Interior Access, Dirt Floor, Concrete Floor
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Fenced Yard
  • Foundation: Fieldstone, Brick

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: Res

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 3400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Jul 29, 2016
Sold by
Carlos M Flores
Bought by
Garza Garza Elmer D
Seller's Agent
Edgar Ferrer
eXp Realty
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$422,000
Sold Price
$410,000
Premium/Discount to List
-$12,000
-2.84%
Current Estimated Value
$725,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,146
Avg. Annual Appreciation
6.27%
Original Mortgage
$402,573
Outstanding Balance
$319,460
Interest Rate
3.48%
Estimated Equity
$405,686

Purchase Details

Closed on
Nov 10, 2005
Sold by
Laws Victoria A
Bought by
Flores Carlos M and Flores Sulema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Brezner Ellen L and Krakofsky Rosalie M
Bought by
Laws Victoria A
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
Garza Garza Elmer D -- --
Flores Carlos M $320,000 --
Flores Carlos M $320,000 --
Laws Victoria A $237,000 --
Laws Victoria A $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laws Victoria A $402,573
Closed Laws Victoria A --
Previous Owner Flores Carlos M $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $410,000 -2.8% $159 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $422,000 -- $164 / 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 $7,312 $635,300 $164,300 $471,000
2024 $7,368 $619,200 $164,300 $454,900
2023 $7,172 $579,300 $149,400 $429,900
2022 $7,266 $548,400 $142,300 $406,100
2021 $7,031 $516,200 $135,500 $380,700
2020 $6,605 $493,300 $129,000 $364,300
2019 $6,222 $436,600 $129,000 $307,600
2018 $5,507 $390,600 $129,000 $261,600
2017 $5,158 $359,700 $129,000 $230,700
2016 $4,782 $335,600 $129,000 $206,600
2015 $4,056 $281,700 $112,200 $169,500
2014 $3,466 $232,900 $97,600 $135,300
Source: Public Records

Agents Affiliated with this Home

  • Edgar Ferrer

    Seller's Agent in 2016

    Edgar Ferrer

    eXp Realty

    (617) 293-5246

    1 in this area

    29 Total Sales

    Edgar Ferrer
    Section Image
  • Rosa Martinez

    Buyer's Agent in 2016

    Rosa Martinez

    Hacienda Realty

    (617) 447-6603

    1 in this area

    138 Total Sales

    Rosa Martinez
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72000632

MLS Property Information Network (MLS PIN)

APN: CHEL-000056-000000-000125

Massachusetts Suffolk County Chelsea 02150 Addison-Orange

51 Addison St, Chelsea, MA

Not Listed for Sale

MultiFamily

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