NOT LISTED FOR SALE

Estimated Value: $472,000 - $643,000

1 Bed
1 Bath
1,500 Sq Ft
$473/mo HOA Fee

Last Sold September 29, 2023

Last sale price $505,000 $337 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,842/month

50 Days on Market

Highlights

  • Fitness Center
  • City View
  • Deck
  • No Units Above
  • Open Floorplan
  • 4-minute walk to Merritt Park

About This Home

As of September 2023

Welcome home to Spencer Lofts - a sanctuary in the city. Constructed at the turn of the century & converted into 100 luxury lofts in 2004, this building once housed the Buster Brown Shoe Factory. This pet friendly complex features an on-site art gallery, fitness facility & roof deck. #311 is a coveted 1+ bed, bi-level loft featuring exposed brick, oak trussed cathedral ceilings & grand windows. The 1st level of this sun splashed space offers a granite/stainless kitchen with oak cabinets, massive front to back living room, full bath with heated tile floor & primary bedroom. Versatile 2nd level currently used as a 2nd bed & den complete with skylight, laundry room & storage. Features unique to this space are the rock climbing wall, rice paper doors, 15' ceilings & cherry hardwood floors throughout. Improvements include newer roof, gym, heating system & AC condenser. Beautiful views from the roof deck & deeded parking make this unit a must-see.

Last Agent to Sell the Property

Domenica Giordano

Century 21 North East Listed on: 06/01/2023

Century 21 North East

Last Buyer's Agent

James Lonergan

Lonergan Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1919

Lot Details

  • Near Conservation Area
  • No Units Above

HOA Fees

  • $473 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Picture Window
  • Dining Area
  • Den
  • Loft
  • City Views
  • Intercom
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Dual Closets
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Chelsea High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:059 P:U311,4510569

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 101 Units
  • Low-Rise Condominium
  • Spencer Lofts Community

Amenities

  • Common Area
  • Shops
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,570

Year Built

Built in 1919

Lot Details

0

HOA Fees

$473 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1919
  • Buyer Agency: 2.0
  • Entry Level: 3
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Flooring - Hardwood, Flooring - Wood
  • Interior Amenities: Den, Loft, Internet Available - Broadband, Internet Available - Satellite
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Recessed Lighting, Closet - Double
  • Room Master Bedroom Level: Main,First
  • Bathroom 1 Level: First
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: Main,First
  • Room Living Room Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wood, Window(s) - Picture, Cable Hookup, Open Floorplan, Lighting - Overhead
  • Basement: Y
  • Living Area: 1500
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Skylight(s)
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 352.67
  • PRICE PER Sq Ft: 336.67
  • MAIN SO: B99490

Exterior Features

  • Exterior Features: Deck, Deck - Roof, Deck - Roof + Access Rights, Decorative Lighting, City View(s), Rain Gutters
  • Common Walls: No One Above
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Roof, Deck - Roof + Access Rights
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street, Deeded, Paved, Exclusive Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Cooling: Central Air, Individual
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Recreation Facilities, Fitness Center
  • Association Fee: 473
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Bike Path, Conservation Area, Highway Access, Public School
  • Senior Community YN: No
  • UNIT BUILDING: 311
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:059 P:U311,4510569
  • Zoning: r
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 327
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5570
  • Tax Book Number: 65543

Multi Family

  • Number Of Units Total: 101
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Chelsea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Sep 29, 2023
Sold by
May Connor
Bought by
Vincenzo Dominic
Seller's Agent
Domenica Giordano
Century 21 North East
Buyer's Agent
James Lonergan
Lonergan Real Estate
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%
Views
136
Current Estimated Value
$554,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,131
Avg. Annual Appreciation
-2.69%
Original Mortgage
$404,000
Outstanding Balance
$396,011
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,150

Purchase Details

Closed on
Mar 3, 2004
Sold by
Spencer Lofts Llc
Bought by
Baquero Diana and Napadow Vitaly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,920
Interest Rate
5.62%
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.

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
Vincenzo Dominic $505,000 None Available
Vincenzo Dominic $505,000 None Available
May Connor $509,000 None Available
May Connor $509,000 None Available
Baquero Diana $289,207 --
Baquero Diana $289,207 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincenzo Dominic $404,000
Closed Vincenzo Dominic $404,000
Previous Owner May Connor $407,200
Previous Owner Baquero Diana $183,800
Previous Owner Baquero Diana $28,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $505,000 -4.5% $337 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $529,000 -3.6% $353 / Sq Ft
06/01/2023 06/01/23 For Sale $549,000 +7.9% $366 / Sq Ft
05/27/2021 05/27/21 Sold $509,000 0.0% $339 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $509,000 -3.0% $339 / Sq Ft
03/02/2021 03/02/21 For Sale $525,000 0.0% $350 / Sq Ft
04/04/2014 04/04/14 Rented $2,000 -9.1% --
04/04/2014 04/04/14 For Rent $2,200 +10.0% --
03/30/2012 03/30/12 Rented $2,000 0.0% --
03/30/2012 03/30/12 For Rent $2,000 -- --
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 $5,171 $449,300 $0 $449,300
2024 $5,711 $479,900 $0 $479,900
2023 $5,570 $449,900 $0 $449,900
2022 $5,806 $438,200 $0 $438,200
2021 $5,742 $421,600 $0 $421,600
2020 $5,310 $396,600 $0 $396,600
2019 $5,599 $392,900 $0 $392,900
2018 $5,199 $368,700 $0 $368,700
2017 $4,179 $291,400 $0 $291,400
2016 $3,725 $261,400 $0 $261,400
2015 $3,676 $255,300 $0 $255,300
2014 $3,457 $232,300 $0 $232,300
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: 73118455

MLS Property Information Network (MLS PIN)

APN: CHEL-000059-000000-U000000-000311