NOT LISTED FOR SALE

Estimated Value: $829,614 - $935,000

6 Beds
2 Baths
2,680 Sq Ft
$335/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $635,000 $237 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,633/month

94 Days on Market

About This Home

As of March 2019

Come see this beautifully charming 2 family home in Chelsea. Each unit boasts 3 large bedrooms, living room, kitchen, and dining room with hardwood floors throughout. This home is move-in ready with potential to add a 3rd unit in the basement. The large backyard fits 4 vehicles comfortably but can fit up to 10 vehicles.The 2 car garage was converted into a workshop but can easily be reverted back to a functioning garage. The 1st floor unit currently earns $1,850 a month and is a TAW. The 2nd floor tenant is the owner's son and pays well below market rent; also a TAW. If you're looking for an investment property that earns great income, this home is for you. 24 hour notice needed for private showings.

Last Agent to Sell the Property

Christopher Johnson

YPC Real Estate Listed on: 09/11/2018

Last Buyer's Agent

Martin Tokos

Coldwell Banker First Quality Realty

Coldwell Banker First Quality Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,816

Year Built

  • Built in 1920

Lot Details

  • Year Round Access

Parking

  • 2 Car Garage

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:030 P:026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,816

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 236.94
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN0500
  • Main So: BB5859
  • Estimated Sq Ft: 2680.00

Exterior Features

  • Exterior Features: Porch, Deck
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 10
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Highway Access, House of Worship, Public School

Schools

  • Elementary School: St Rose School
  • Middle School: Joseph A Browne
  • High School: Chelsea High Sc

Lot Info

  • Assessments: 380600.00
  • Acre: 0.14
  • Lot Size: 6120.00
  • Page: 211
  • Parcel Number: M:030 P:026
  • Zoning: R2
  • Lot Description: Paved Drive, Fenced/Enclosed

Multi Family

  • Total Levels: 2
  • Total Rent: 2200
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5366.00
  • Assessor Parcel Number: 1287234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Mar 5, 2019
Sold by
Rassi Raymond and Rassi Nydia
Bought by
Lopes Gustavo
Seller's Agent
Christopher Johnson
YPC Real Estate
Buyer's Agent
Martin Tokos
Coldwell Banker First Quality Realty
List Price
$645,000
Sold Price
$635,000
Premium/Discount to List
-$10,000
-1.55%
Current Estimated Value
$898,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,904
Avg. Annual Appreciation
5.53%
Original Mortgage
$474,375
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1988
Sold by
Rassi Carmen Y
Bought by
Rassi Raymond

Purchase Details

Closed on
Nov 30, 1987
Sold by
Adler Susan
Bought by
Rassi Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
11.59%
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
Lopes Gustavo $632,500 --
Rassi Raymond $88,126 --
Rassi Raymond $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopes Gustavo M $476,000
Closed Lopes Gustavo $474,375
Previous Owner Rassi Nydia $150,000
Previous Owner Rassi Raymond $23,500
Previous Owner Rassi Raymond $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $635,000 0.0% $237 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/11/2018 11/11/18 Price Changed $635,000 -1.6% $237 / Sq Ft
09/11/2018 09/11/18 For Sale $645,000 -- $241 / 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 $8,816 $765,900 $225,900 $540,000
2024 $8,885 $746,600 $225,900 $520,700
2023 $8,636 $697,600 $205,400 $492,200
2022 $8,753 $660,600 $195,700 $464,900
2021 $8,476 $622,300 $186,400 $435,900
2020 $7,964 $594,800 $177,500 $417,300
2019 $5,902 $414,200 $177,500 $236,700
2018 $5,366 $380,600 $177,500 $203,100
2017 $5,147 $358,900 $177,500 $181,400
2016 $4,862 $341,200 $177,500 $163,700
2015 $4,496 $312,200 $154,400 $157,800
2014 $3,891 $261,500 $134,200 $127,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72392960

MLS Property Information Network (MLS PIN)

APN: CHEL-000030-000000-000026