7 Nichols St Unit B Chelsea, MA 02150
Prattville Neighborhood
3
Beds
1
Bath
1,229
Sq Ft
$700/mo
HOA Fee
Highlights
- Central Air
- Garden Home
- 1-minute walk to Washington Park
- Baseboard Heating
About This Home
As of September 2024Excuse our appearance and we put a fresh coat of paint to beautify this property even more. This unit has 6 rooms and 3 bedrooms. It offers new appliances, a new washer and dryer in the unit, new carpeting, central air, and a security system, accented with beautiful crown molding. It is located in Prattville, a dynamic area of Chelsea with a beautiful walking park. It is convenient to all the amenities you could wish for, from transportation to banking, worship houses, and a varied menu for the palate, with new and wonderful restaurants popping up in the area. Try the new Colombian cuisine restaurant or Tambo with Peruvian recipes that are out of this world! This is a fantastic unit in a fantastic neighborhood that your family will surely love!" Condo fee paid till December 2024This Property has a lot of new improvements. Lots of work improving things like reinforcing walls, New garage doors and potentially the driveway.
Last Agent to Sell the Property
Luis Tejada
Century 21 North East Listed on: 08/08/2024
Last Buyer's Agent
Luis Tejada
Century 21 North East Listed on: 08/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,115
Year Built
- Built in 1920
HOA Fees
- $700 Monthly HOA Fees
Parking
- 1 Car Parking Space
Home Design
- Garden Home
Interior Spaces
- 1,229 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Baseboard Heating
Community Details
- Association fees include water, sewer, insurance, maintenance structure
- 4 Units
Listing and Financial Details
- Assessor Parcel Number M:085 P:109UB,4625537
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Aug 30, 2024
Sold by
Faust Richard E and Tobin Doyle
Bought by
Orion Group Llc
Seller's Agent
Luis Tejada
Century 21 North East
Buyer's Agent
Luis Tejada
Century 21 North East
List Price
$439,900
Sold Price
$419,000
Premium/Discount to List
-$20,900
-4.75%
Total Days on Market
1
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,744
Avg. Annual Appreciation
8.80%
Original Mortgage
$335,200
Outstanding Balance
$332,854
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,890
Purchase Details
Closed on
May 5, 2009
Sold by
Velez Alexis and Velez Xaviera
Bought by
Faust Richard E and Schroeder Doyle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 8, 2006
Sold by
7 Nichols Street Condo and Velez
Bought by
Velez Xaviera and Velez Alexis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Chelsea, MA
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $419,000 | None Available | |
| Condominium Deed | $419,000 | None Available | |
| Deed | $125,000 | -- | |
| Deed | $125,000 | -- | |
| Deed | $250,000 | -- | |
| Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $335,200 | Purchase Money Mortgage | |
| Closed | $335,200 | Purchase Money Mortgage | |
| Previous Owner | $80,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2024 09/02/24 | Sold | $419,000 | -4.8% | $341 / Sq Ft |
| 08/09/2024 08/09/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $439,900 | -- | $358 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $52 | $448,200 | $0 | $448,200 |
| 2024 | $5,115 | $429,800 | $0 | $429,800 |
| 2023 | $4,880 | $394,200 | $0 | $394,200 |
| 2022 | $5,014 | $378,400 | $0 | $378,400 |
| 2021 | $2,302 | $362,600 | $0 | $362,600 |
| 2020 | $4,555 | $340,200 | $0 | $340,200 |
| 2019 | $3,201 | $224,600 | $0 | $224,600 |
| 2018 | $2,767 | $209,100 | $0 | $209,100 |
| 2017 | $2,814 | $196,200 | $0 | $196,200 |
| 2016 | $2,286 | $160,400 | $0 | $160,400 |
| 2015 | $2,294 | $159,300 | $0 | $159,300 |
| 2014 | $2,070 | $139,100 | $0 | $139,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Luis Tejada
Century 21 North East
(617) 306-0732
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73275620
APN: CHEL-000085-000000-000109UB
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