NOT LISTED FOR SALE

56 Franklin Ave Unit 3 Chelsea, MA 02150

Soldiers Home Neighborhood

Estimated Value: $333,000 - $373,000

2 Beds
1 Bath
695 Sq Ft
871 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $290,000 $417 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,237/month

13 Days on Market

About This Home

As of October 2020

Tired of paying too much for rent but the cost of purchasing a home in today's market is too great? Are you finding most of the homes in your price range need extensive work that puts them out of your budget? If so, come take a look at this affordable two bedroom condo at 56 Franklin St in Chelsea. Recently remodeled to include a beautiful granite-countered kitchen complete with all new, stainless-steel appliances, this nearly 700 square foot unit is a fraction of the cost of any other two bedroom unit on the market today. The recently installed LVP flooring running throughout most of the unit not only provides a clean, modern feel but they are also easy to clean and water-resilient. The generous-sized bedrooms offer ceiling fans and ample natural light while the bathroom features tile flooring and an upgraded vanity. Don't forget the benefits of condo living - no more shoveling snow! When you realize today is the day you want to be a homeowner, call and make 56 Franklin your new home!

Last Agent to Sell the Property

Leonardo Casillas

Cameron Real Estate Group Listed on: 08/08/2020

Cameron Real Estate Group

Co-Listed By

Alexander Cuevas

Century 21 Tradition License #454008234

Last Buyer's Agent

Nidia Peguero

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1970

Lot Details

  • 871

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,903

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 359.57
  • Comp Based On: Net Sale Price
  • Year Built: 1970
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 1
  • Unit Placement: Below Grade
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 14X11, Ceiling Fan(s), Closet, Flooring - Vinyl, Remodeled
  • Bedroom 2: On Level: First Floor, Dimension: 11X9, Ceiling Fan(s), Closet, Flooring - Vinyl, Remodeled
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Dimension: 7X5, Bathroom - Full, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 11X9, Ceiling Fan(s), Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floor Plan, Remodeled, Stainless Steel Appliances
  • Living Room: On Level: First Floor, Dimension: 16X11, Flooring - Vinyl, Open Floor Plan, Remodeled
  • No Living Levels: 1
  • Main Lo: AN5406
  • Main So: AN4339
  • Estimated Sq Ft: 695.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Brick

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Laundromat, House of Worship
  • HOA Fees: 256.00
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Cary Square Condominiums

Schools

  • Elementary School: Mary C Burke
  • Middle School: Williams
  • High School: Chelsea High

Lot Info

  • Assessments: 148100.00
  • Acre: 0.02
  • Lot Size: 695.00
  • Page: 192
  • Zoning: R2

Tax Info

  • Taxes: 2257.00
  • Assessor Parcel Number: 1289259

Multi Family

  • No Units: 30
  • No Units Owner Occ: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2025
Sold by
Nfor Isaiah
Bought by
Nexus Key Solutions Llc
Current Estimated Value
$353,696

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 23, 2020
Sold by
Efiancyi Friday
Bought by
Nfor Isaiah
Seller's Agent
Leonardo Casillas
Cameron Real Estate Group
Buyer's Agent
Nidia Peguero
Century 21 North East
List Price
$249,900
Sold Price
$290,000
Premium/Discount to List
$40,100
16.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$14,500
Interest Rate
2.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1996
Sold by
Department Of Housing & Urban Dev
Bought by
Efiancyi Friday

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,750
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1996
Sold by
Johnson James F
Bought by
Fleet Mortgage Corp

Purchase Details

Closed on
Sep 1, 1992
Sold by
Maddeford Charles R
Bought by
Johnson James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nexus Key Solutions Llc -- --
Nexus Key Solutions Llc -- --
Nfor Isaiah $290,000 None Available
Nfor Isaiah $290,000 None Available
Efiancyi Friday $25,000 --
Efiancyi Friday $25,000 --
Fleet Mortgage Corp $65,779 --
Fleet Mortgage Corp $65,779 --
Johnson James F $55,000 --
Johnson James F $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nfor Isaiah $14,500
Previous Owner Nfor Isaiah $232,000
Previous Owner Johnson James F $18,750
Previous Owner Johnson James F $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $290,000 +16.0% $417 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $249,900 -- $360 / 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 $3,903 $339,100 $0 $339,100
2024 $3,953 $332,200 $0 $332,200
2023 $3,721 $300,600 $0 $300,600
2022 $3,881 $292,900 $0 $292,900
2021 $2,419 $177,600 $0 $177,600
2020 $2,239 $167,200 $0 $167,200
2019 $2,236 $156,900 $0 $156,900
2018 $2,088 $148,100 $0 $148,100
2017 $1,866 $130,100 $0 $130,100
2016 $1,727 $121,200 $0 $121,200
2015 $1,441 $100,100 $0 $100,100
2014 $1,424 $95,700 $0 $95,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Leonardo Casillas

    Cameron Real Estate Group

    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Alexander Cuevas

    Century 21 Tradition

    Section Image
  • Nidia Peguero

    Buyer's Agent in 2020

    Nidia Peguero

    Century 21 North East

    (781) 704-6758

    8 in this area

    129 Total Sales

    Nidia Peguero
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72706377

MLS Property Information Network (MLS PIN)

APN: CHEL-000065-000000-000014B

Massachusetts Suffolk County Chelsea 02150 Soldiers Home

56 Franklin Ave Unit 3, Chelsea, MA

This home is located at 56 Franklin Ave Unit 3, Chelsea, MA 02150 since 08 August 2020 and is currently estimated at $353,696, approximately $508 per square foot. This property was built in 1970. 56 Franklin Ave Unit 3 is a home located in Suffolk County with nearby schools including Chelsea High School and Phoenix Charter Academy - Chelsea.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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