NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,161,000

12 Beds
3 Baths
4,212 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $1,050,000 $249 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,893/month

59 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Shops
  • Wood Flooring
  • Living Room
  • 5-minute walk to Kayem Park

About This Home

As of March 2024

Incredible 4200 Sqft Chelsea Three Family. High ceilings. Gleaming Hardwood floors. Renovated Kitchens , All units are leased and separately metered, Unit #1 is leased for 2600.00, Unit #2 is leased for 2200.00 & Unit #3 leased for $2600.00. Property is situated Moments from Bellingham Square MBTA.

Last Agent to Sell the Property

Jerome Bibuld

Red Tree Real Estate Listed on: 10/31/2023

Red Tree Real Estate

Co-Listed By

James Kopecky

Red Tree Real Estate

Red Tree Real Estate

Last Buyer's Agent

James Kopecky

Red Tree Real Estate

Red Tree Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,972

Year Built

  • Built in 1930

Lot Details

  • 2,006 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 4,212 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • 3 Heating Zones
  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $7,400
  • Assessor Parcel Number M:039 P:120,1287909

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $88,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,972

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1930
  • Buyer Agency: 2.0
  • Transaction Broker: 0.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Laundry Room, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 4212
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN0907
  • LIST PRICE PER Sq Ft: 260.92
  • PRICE PER Sq Ft: 249.29
  • MAIN SO: AN0907

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:039 P:120,1287909
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2006
  • Lot Size Units: Acres
  • PAGE: 190
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10972
  • Tax Book Number: 48768

Multi Family

  • Gross Income: 88800
  • Net Operating Income: 88800
  • Number Of Units Total: 3
  • Total Actual Rent: 7400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
May 10, 2024
Sold by
Sachs Travis
Bought by
5 Linda Lane Llc
Seller's Agent
Jerome Bibuld
Red Tree Real Estate
Buyer's Agent
James Kopecky
Red Tree Real Estate
List Price
$1,099,000
Sold Price
$1,050,000
Premium/Discount to List
-$49,000
-4.46%
Views
49
Current Estimated Value
$1,093,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,477
Avg. Annual Appreciation
3.90%
Original Mortgage
$787,500
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2021
Sold by
Mengesha Haile G and Mengesha Jane E
Bought by
62 Grove Street T and 62 Mengesha

Purchase Details

Closed on
Mar 9, 2010
Sold by
Whalen Stephen and Wells Fargo Bk
Bought by
Efs Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,750
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Aguirre Salvador A
Bought by
Aguirre Maria L

Purchase Details

Closed on
Oct 15, 1999
Sold by
Jannino John L
Bought by
Romero Jose S and Aguirre Maria L

Purchase Details

Closed on
Nov 9, 1995
Sold by
Shapiro Mitchell Est and Kamens
Bought by
Jannino Allison M and Jannino John L
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
5 Linda Lane Llc -- None Available
5 Linda Lane Llc -- None Available
5 Linda Lane Llc -- None Available
62 Grove Street T -- None Available
62 Grove Street T -- None Available
62 Grove Street T -- None Available
Efs Re Llc -- --
Whalan Stephen $248,000 --
Efs Re Llc -- --
Whalan Stephen $248,000 --
Aguirre Maria L -- --
Aguirre Maria L -- --
Romero Jose S $166,000 --
Romero Jose S $166,000 --
Jannino Allison M $42,500 --
Jannino Allison M $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sachs Travis $787,500
Previous Owner Mengesha Haile G $256,000
Previous Owner Whalan Stephen $205,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $1,050,000 -4.5% $249 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
12/10/2023 12/10/23 For Sale $1,099,000 0.0% $261 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $1,099,000 -- $261 / 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 $11,771 $1,022,700 $151,100 $871,600
2024 $11,429 $960,400 $151,100 $809,300
2023 $10,972 $886,300 $137,400 $748,900
2022 $11,069 $835,400 $130,900 $704,500
2021 $10,662 $782,800 $124,600 $658,200
2020 $9,899 $739,300 $118,700 $620,600
2019 $9,888 $693,900 $118,700 $575,200
2018 $8,803 $624,300 $118,700 $505,600
2017 $8,303 $579,000 $118,700 $460,300
2016 $6,947 $487,500 $118,700 $368,800
2015 $5,545 $385,100 $103,200 $281,900
2014 $4,778 $321,100 $89,700 $231,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73175739

MLS Property Information Network (MLS PIN)

APN: CHEL-000039-000000-000120