NOT LISTED FOR SALE

56 Franklin Ave Unit 14 Chelsea, MA 02150

Soldiers Home Neighborhood

Estimated Value: $264,000 - $338,000

2 Beds
1 Bath
700 Sq Ft
$428/Sq Ft Est. Value

About This Home

This home is located at 56 Franklin Ave Unit 14, Chelsea, MA 02150 and is currently estimated at $299,417, approximately $427 per square foot. 56 Franklin Ave Unit 14 is a home located in Suffolk County with nearby schools including Chelsea High School and Phoenix Charter Academy - Chelsea.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Hoffens Carlos E
Bought by
Solis Wendy O
Current Estimated Value
$299,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Outstanding Balance
$220,670
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,184

Purchase Details

Closed on
Dec 8, 2010
Sold by
Mansfield Carl A
Bought by
Hoffens Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,955
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 1997
Sold by
Shuman Edythe
Bought by
Mansfield Carl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,350
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage
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.

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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.

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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.

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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.

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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
Solis Wendy O $257,000 None Available
Solis Wendy O $257,000 None Available
Hoffens Carlos E $87,000 --
Hoffens Carlos E $87,000 --
Mansfield Carl A $50,000 --
Mansfield Carl A $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Wendy O $231,300
Closed Solis Wendy O $231,300
Previous Owner Hoffens Carols E $150,000
Previous Owner Hoffens Carlos E $25,000
Previous Owner Hoffens Carlos E $83,955
Previous Owner Mansfield Carl A $49,350
Source: Public Records

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 $2,463 $214,000 $0 $214,000
2024 $2,495 $209,700 $0 $209,700
2023 $2,348 $189,700 $0 $189,700
2022 $2,449 $184,800 $0 $184,800
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

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