NOT LISTED FOR SALE

Estimated Value: $461,000 - $517,494

1 Bed
1 Bath
1,385 Sq Ft
2004 Built

Last Sold September 19, 2017

Last sale price $355,000 $256 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,170/month

1 Day on Market

About This Home

As of September 2017

OPEN HOUSE CANCELLED. Be wowed from the moment you enter this corner unit loft from its 20+ foot high wood beamed ceilings, six double pane 10' X 10' windows and custom blinds. The home boasts all day sunlight which fills the space and showcasing the sleek concrete floors, wood beams and exposed brick wall, all which truly make this place feel like the perfect downtown loft. It's complete with washer dryer in unit, assigned parking, common roof deck, and storage area. The home has endless possibilities to make it truly your own. These lofts were converted from the Buster Brown Shoe Factory into residential lofts in 2004 now known as the Spencer Lofts. It features an artist community gallery, with close proximity to grocery stores, shopping, public transit, highway access and only three miles from downtown Boston. Chelsea is a thriving community with a great downtown with easy access to Boston, the airport, and other local towns. The Silver Line is arriving soon as well. Pkg Space #1

Last Agent to Sell the Property

Nathaniel Gopen

Berkshire Hathaway HomeServices Warren Residential Listed on: 07/12/2017

Berkshire Hathaway HomeServices Warren Residential

Last Buyer's Agent

Jeff Bowen

eRealty Advisors, Inc.

eRealty Advisors, Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,533

Year Built

2004

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Has Basement: No
  • Number of Rooms: 1
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Flooring: Concrete
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Ceiling Fan(s), Ceiling - Beamed, Window(s) - Picture, Cable Hookup, High Speed Internet Hookup
  • Dining Room: First Floor
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: AC1807
  • Main So: AN2633

Exterior Features

  • Construction: Brick, Stone/Concrete, Post & Beam
  • Exterior: Brick
  • Exterior Unit Features: Deck - Roof + Access Rights
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Assigned, Deeded, Paved Driveway, Exclusive Parking
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Association Security: Intercom
  • Management: Professional - Off Site
  • No Units: 100
  • Unit Building: 201

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Bournazos Gregory
Bought by
Gregory Bournazos Lt
Current Estimated Value
$498,124

Purchase Details

Listed on
Jul 12, 2017
Closed on
Oct 2, 2017
Sold by
Bowen Jeffrey J
Bought by
Bournazos Gregory
Seller's Agent
Nathaniel Gopen
Berkshire Hathaway HomeServices Warren Residential
Buyer's Agent
Jeff Bowen
eRealty Advisors, Inc.
List Price
$344,900
Sold Price
$355,000
Premium/Discount to List
$10,100
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$284,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 12, 2017
Closed on
Sep 19, 2017
Sold by
Scally Jerome
Bought by
Bowen Jeffrey J
Seller's Agent
Nathaniel Gopen
Berkshire Hathaway HomeServices Warren Residential
Buyer's Agent
Jeff Bowen
eRealty Advisors, Inc.
List Price
$344,900
Sold Price
$355,000
Premium/Discount to List
$10,100
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2004
Sold by
Cohen Paul
Bought by
Scally Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,400
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Spencer Lofts Llc
Bought by
Cohen Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gregory Bournazos Lt -- None Available
Gregory Bournazos Lt -- None Available
Bournazos Gregory $415,000 --
Bowen Jeffrey J $355,000 --
Scally Jerome $284,900 --
Scally Jerome $284,900 --
Cohen Paul $200,704 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Jeffrey J $284,000
Previous Owner Cohen Paul $256,400
Previous Owner Cohen Paul $160,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2017 09/19/17 Sold $355,000 +2.9% $256 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $344,900 0.0% $249 / Sq Ft
10/20/2016 10/20/16 Rented $1,700 -2.9% --
09/12/2016 09/12/16 Price Changed $1,750 -2.8% $2 / Sq Ft
08/22/2016 08/22/16 For Rent $1,800 -- --
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 $5,533 $480,700 $0 $480,700
2024 $6,109 $513,400 $0 $513,400
2023 $5,958 $481,300 $0 $481,300
2022 $6,212 $468,800 $0 $468,800
2021 $6,143 $451,000 $0 $451,000
2020 $5,680 $424,200 $0 $424,200
2019 $5,550 $389,500 $0 $389,500
2018 $5,154 $365,500 $0 $365,500
2017 $3,760 $262,200 $0 $262,200
2016 $3,353 $235,300 $0 $235,300
2015 $3,308 $229,700 $0 $229,700
2014 $3,111 $209,100 $0 $209,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72197127

MLS Property Information Network (MLS PIN)

APN: CHEL-000059-000000-U000000-000201