NOT LISTED FOR SALE

Estimated Value: $820,000 - $966,000

8 Beds
3 Baths
2,974 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $660,000 $222 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,046/month

5 Days on Market

About This Home

As of May 2019

Great investment opportunity to own this huge 2-family home in the growing City of Chelsea. Here is your chance to own this spacious home with great income potential. Step into the 1st floor unit and find large eat-in kitchen, living room, 3 bedrooms and 1 full bath. 2nd floor unit boasts of 2 levels of living space with 6 bedrooms and 2 full bathrooms. This home features hardwood and tile floors throughout. Vinyl siding and 1 car garage. Fully finished basement with ¾ bathroom. Just a short walk to many shops, schools, major bus lines and the Silver Line- new to Chelsea! 1st floor is vacant and easy to show.

Last Agent to Sell the Property

Madelyn Garcia

Madelyn Garcia Real Estate Listed on: 03/18/2019

Last Buyer's Agent

Juan Saenz

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $88

Year Built

  • Built in 1930

Lot Details

  • 2,178

Parking

  • 1 Car Garage

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:039 P:117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$88

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 218.22
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1930

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Finished
  • Main Lo: BB3163
  • Main So: BB9067
  • Estimated Sq Ft: 2974.00

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping

Lot Info

  • Assessments: 435700.00
  • Acre: 0.05
  • Lot Size: 2100.00
  • Page: 44
  • Parcel Number: M:039 P:117
  • Zoning: R3
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6143.00
  • Assessor Parcel Number: 1287906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2006
Sold by
Leonard Beverly
Bought by
Yanes Ana D and Lopez Juan C
Current Estimated Value
$904,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2006
Sold by
Stumpo Cindy L and Hartstone Eleanor
Bought by
Leonard Beverly

Purchase Details

Closed on
Dec 15, 1995
Sold by
Andrade Antonia
Bought by
Jones William D and Jones Harriet
Source: Public Records

Similar Homes in Chelsea, MA

  • 78 Chestnut St, Chelsea, MA 02150

    $879,721

    • 6 Beds
    • 2.5 Baths
    • 2,616 Sq Ft
    • 78 Chestnut St
    • Chelsea, MA

    Well-maintained multi-family in prime Chelsea location! Features updated heating systems, separate utilities, and will be delivered vacant at closing—ideal for investors or owner-occupants. Recent roof replacement. Spacious full basement with washer/dryer, hardwood floors throughout, and two off-street parking spaces. Conveniently located one block from the Silver Line and close to multiple

    Albeiro Lopera United Brokers

    Section Image
  • 19 6th St, Chelsea, MA 02150

    $869,000

    • 8 Beds
    • 2 Baths
    • 2,324 Sq Ft
    • 19 6th St
    • Chelsea, MA

    Great Investment Opportunity in Chelsea! This well-maintained 2-family home features a spacious 3-bedroom unit on the first floor and a 4-bedroom unit on the second floor—both deleaded and generating strong rental income. Each unit offers a nice layout with large bedrooms, updated kitchens and tiled bathrooms with hardwood flooring throughout. Enjoy hassle-free ownership with separate

    Madelyn Garcia Madelyn Garcia Real Estate

    Section Image
  • 837 Broadway, Chelsea, MA 02150

    $975,000

    • 6 Beds
    • 3 Baths
    • 3,054 Sq Ft
    • 837 Broadway
    • Chelsea, MA

    Fantastic opportunity to own a fully occupied 3-unit multifamily in a prime Chelsea location. Situated on a generous 5,000 sq ft lot, 837 Broadway features three spacious 2-bedroom, 1-bath units with on-site parking included. All units are currently leased, generating solid rental income with significant upside potential as rents are below market. Separately metered utilities and a strong rental

    Kovacs Savage Team Byrnes Real Estate Group LLC

    Section Image
  • 7 Carmel St, Chelsea, MA 02150

    $1,100,000

    • 7 Beds
    • 3 Baths
    • 3,276 Sq Ft
    • 7 Carmel St
    • Chelsea, MA

    Welcome to 7 Carmel Street, a well-maintained and updated 3-unit multifamily in one of Chelsea’s most desirable and commuter-friendly neighborhoods. This solid investment property features all new mechanical systems along with updated kitchens and bathrooms, offering long-term reliability and immediate rental appeal. Each unit is thoughtfully maintained with functional layouts and quality

    Kovacs Savage Team Byrnes Real Estate Group LLC

    Section Image
  • 33 Franklin St, Chelsea, MA 02150

    $995,000

    • 8 Beds
    • 3 Baths
    • 3,472 Sq Ft
    • 33 Franklin St
    • Chelsea, MA

    PRICE IMPROVEMENT Spacious Deleaded Mansard Victorian Two-Family in Prime Prattville Location! Great opportunity to own a turn-key investment property or multi-generational home in Chelsea’s sought-after Prattville neighborhood. Producing a solid mid-6s CAP RATE with potential to go higher. This property offers exceptional space, recent updates, and a strong rental history.The first-floor unit

    Jim Lowenstern eXp Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yanes Ana D $310,000 --
Leonard Beverly $200,000 --
Jones William D $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Johan M $619,449
Closed Velasquez Johan M $635,917
Closed Normile Corey L $451,668
Closed Lopez Juan C $75,000
Closed Yanes Ana D $248,000
Closed Yanes Ana D $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $660,000 +1.7% $222 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $649,000 +41.1% $218 / Sq Ft
08/30/2016 08/30/16 Sold $460,000 0.0% $155 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $460,000 -- $155 / 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 $88 $766,900 $153,700 $613,200
2024 $8,879 $746,100 $153,700 $592,400
2023 $8,661 $699,600 $139,700 $559,900
2022 $8,741 $659,700 $133,000 $526,700
2021 $8,453 $620,600 $126,700 $493,900
2020 $7,042 $525,900 $120,700 $405,200
2019 $6,992 $490,700 $120,700 $370,000
2018 $6,143 $435,700 $120,700 $315,000
2017 $4,858 $338,800 $120,700 $218,100
2016 $4,513 $316,700 $120,700 $196,000
2015 $4,206 $292,100 $104,900 $187,200
2014 $3,585 $240,900 $91,200 $149,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72466852

MLS Property Information Network (MLS PIN)

APN: CHEL-000039-000000-000117