NOT LISTED FOR SALE

56 Franklin Ave Unit 10 Chelsea, MA 02150

Soldiers Home Neighborhood

Estimated Value: $308,000 - $380,000

2 Beds
1 Bath
697 Sq Ft
$390/mo HOA Fee

Last Sold September 20, 2023

Last sale price $295,000 $423 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,483/month

18 Days on Market

Highlights

  • Medical Services
  • Window Unit Cooling System
  • Shops
  • Property is near public transit
  • Park
  • Baseboard Heating

About This Home

As of September 2023

TIRED OF PAYING RENT !! NOW'S YOUR CHANCE TO INVEST .. LIVE IN YOUR OWN COMFORTABLE 2 BEDROOM CONDO AND BE YOUR OWN LANDLORD! CONVENIENT LOCATION, CLOSE TO ALL AMENITIES CHELSEA HAS TO OFFER !!.. WALK TO SHOPPING AND GREAT AREA RESTAURANTS..WALK TO CATCH BLUE LINE OR SILVER LINE BUS TO BOSTON ..DRIVE TO ALL MAJOR HIGHWAYS IN MINUTES . IF YOUR BUSY AND ON THE GO AND WANT TO COME HOME TO RELAX THIS IS FOR YOU.

Last Agent to Sell the Property

Diane Cambria

Century 21 North East Listed on: 06/22/2023

Century 21 North East

Last Buyer's Agent

Camila Oliveira

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1970

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor

Interior Spaces

  • 697 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:065 P:014I,1289255

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal
  • 16 Units
  • Cary Square Condos Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

Built in 1970

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1970
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 697
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 443.33
  • PRICE PER Sq Ft: 423.24
  • MAIN SO: AN6126

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: mwra

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 10
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:065 P:014I,1289255
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 109
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2835
  • Tax Book Number: 66009

Multi Family

  • Number Of Units Total: 16
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Sep 20, 2023
Sold by
Hoffens Carlos
Bought by
Uribe Manuela G
Seller's Agent
Diane Cambria
Century 21 North East
Buyer's Agent
Camila Oliveira
Real Broker MA, LLC
List Price
$309,000
Sold Price
$295,000
Premium/Discount to List
-$14,000
-4.53%
Views
156
Current Estimated Value
$341,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,283
Avg. Annual Appreciation
5.34%
Original Mortgage
$265,500
Outstanding Balance
$260,120
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,917

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 30, 2021
Sold by
Tobas Michael
Bought by
Hoffens Carlos
Seller's Agent
William Stewart
Sgarzi & Stewart Real Estate, LLC
Buyer's Agent
William Stewart
Sgarzi & Stewart Real Estate, LLC
List Price
$259,900
Sold Price
$249,000
Premium/Discount to List
-$10,900
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$186,750
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
Sold by
Tobas Michael and Tobas Jerome
Bought by
Tobas Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2000
Sold by
Harvey Kim S
Bought by
Tobas Michael and Tobas Jerome
Source: Public Records

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
Uribe Manuela G $295,000 None Available
Uribe Manuela G $295,000 None Available
Hoffens Carlos $249,000 None Available
Hoffens Carlos $249,000 None Available
Tobas Michael -- --
Tobas Michael -- --
Tobas Michael $67,500 --
Tobas Michael $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uribe Manuela G $265,500
Closed Uribe Manuela G $265,500
Closed Uribe Manuela $29,500
Previous Owner Hoffens Carlos $186,750
Previous Owner Tobas Michael $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $295,000 -4.5% $423 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $309,000 0.0% $443 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $309,000 +24.1% $443 / Sq Ft
07/30/2021 07/30/21 Sold $249,000 -4.2% $357 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $259,900 -- $373 / 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 $3,302 $286,900 $0 $286,900
2024 $3,012 $253,100 $0 $253,100
2023 $2,835 $229,000 $0 $229,000
2022 $2,956 $223,100 $0 $223,100
2021 $2,423 $177,900 $0 $177,900
2020 $2,241 $167,400 $0 $167,400
2019 $2,239 $157,100 $0 $157,100
2018 $2,091 $148,300 $0 $148,300
2017 $1,869 $130,300 $0 $130,300
2016 $1,729 $121,300 $0 $121,300
2015 $1,444 $100,300 $0 $100,300
2014 $1,426 $95,800 $0 $95,800
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73128460

MLS Property Information Network (MLS PIN)

APN: CHEL-000065-000000-000014I