NOT LISTED FOR SALE

615 Broadway Chelsea, MA 02150

Broadway Neighborhood

Estimated Value: $3,910,791

-- Bed
-- Bath
5,431 Sq Ft
$720/Sq Ft Est. Value

About This Home

This home is located at 615 Broadway, Chelsea, MA 02150 and is currently estimated at $3,910,791, approximately $720 per square foot. 615 Broadway 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
Jun 29, 2015
Sold by
Gerrish Retail Partner
Bought by
Gerrish Tnd Inc
Current Estimated Value
$3,910,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$1,704,583
Interest Rate
3.84%
Mortgage Type
Commercial
Estimated Equity
$2,206,208

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bck Llc
Bought by
Gerrish Retail Prtnrs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1992
Sold by
Triad Rt
Bought by
Rt Bassett
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gerrish Tnd Inc -- --
Gerrish Tnd Inc -- --
Gerrish Retail Prtnrs $1,800,000 --
Gerrish Retail Prtnrs $1,800,000 --
Rt Bassett $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerrish Tnd Inc $2,200,000
Closed Gerrish Tnd Inc $2,200,000
Previous Owner Gerrish Retail Prtnrs $1,750,000
Previous Owner Rt Bassett $650,000
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 $49,146 $2,045,200 $309,100 $1,736,100
2024 $43,895 $1,848,200 $294,300 $1,553,900
2023 $44,605 $1,792,800 $294,300 $1,498,500
2022 $43,377 $1,686,500 $294,300 $1,392,200
2021 $44,515 $1,671,000 $280,200 $1,390,800
2020 $45,026 $1,657,800 $267,000 $1,390,800
2019 $46,641 $1,600,600 $267,000 $1,333,600
2018 $47,319 $1,591,100 $267,000 $1,324,100
2017 $45,368 $1,487,000 $267,000 $1,220,000
2016 $45,766 $1,419,100 $267,000 $1,152,100
2015 $45,271 $1,353,400 $283,800 $1,069,600
2014 -- $1,238,600 $258,100 $980,500
Source: Public Records

Map

Massachusetts Suffolk County Chelsea 02150 Broadway

615 Broadway, Chelsea, MA

Not Listed for Sale

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