NOT LISTED FOR SALE

75 Palmer St Chelsea, MA 02150

Prattville Neighborhood

Estimated Value: $764,024 - $843,000

4 Beds
2 Baths
1,820 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $750,000 $412 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,988/month

18 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit
  • Sun or Florida Room
  • Window Unit Cooling System

About This Home

As of May 2024

Fantastic investment opportunity! Welcome to this charming two-family home in the heart of Chelsea! Unit 1 boasts a cozy yet spacious layout, featuring two bedrooms perfect for comfortable living. Updated kitchen adorned with sleek granite countertops, complemented by a NEW sink, disposal & dishwasher, offers both style and functionality. Stylish bathroom and plenty of storage space. Embrace the warmth of hardwood and tile floors throughout, accentuating the home's character. A spacious pantry provides ample storage & prep space. Unit 2 features beautiful hardwood floors in the spacious 2 bedrooms and porch. Large eat in kitchen with SS appliances and updated bath. Entertain on the large level backyard with lots of mature fruit trees. Separate utilities for each unit and each unit has their own washer/dryer in the lower level. Convenient location – close to Rte 1 and Voke Park! Come see all this property has to offer today!

Last Agent to Sell the Property

Paul Coleman

Lamacchia Realty, Inc. Listed on: 02/28/2024

Lamacchia Realty, Inc.

Last Buyer's Agent

Mission Impossible Team

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,830

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot
  • Stone Wall

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Sun or Florida Room
  • Storage
  • Storm Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 60 Amp Service

Listing and Financial Details

  • Total Actual Rent $3,500
  • Assessor Parcel Number M:089 P:035,1290795

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Park

Building Details

  • Water Sewer Expense $1,140
  • Operating Expense $2,100
  • Net Operating Income $39,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,830

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile, Carpet, Concrete, Hardwood
  • Interior Amenities: Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Smart Thermostat, Living Room, Kitchen, Sunroom
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Microwave
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished
  • Living Area: 1820
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 412.03
  • PRICE PER Sq Ft: 412.09
  • MAIN SO: BB9067

Exterior Features

  • Exterior Features: Stone Wall
  • Construction Materials: Conventional (2x4-2x6)
  • Foundation Details: Concrete Perimeter, Stone, Brick/Mortar
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 60 Amps/Less
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1140

Lot Info

  • Parcel Number: M:089 P:035,1290795
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • PAGE: 21
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6830
  • Tax Block: 0
  • Tax Book Number: 41563
  • Tax Lot: 0
  • Tax Map Number: 089

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 39900
  • Number Of Units Total: 2
  • Operating Expense: 2100
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2007
Sold by
Lewis Michelle and Lewis Raymond D
Bought by
Lewis Nt and Lewis
Current Estimated Value
$802,506

Purchase Details

Closed on
Mar 24, 2006
Sold by
Pagliuca Lt and Lewis
Bought by
Lewis Michelle and Lewis Raymond D
Source: Public Records

Range of Values:

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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
Lewis Nt -- --
Lewis Nt -- --
Lewis Michelle -- --
Lewis Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Edilma N $717,337
Closed Velasquez Edilma N $717,337
Previous Owner Pagliuca Living T $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $750,000 0.0% $412 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $749,900 -6.3% $412 / Sq Ft
02/28/2024 02/28/24 For Sale $799,999 -- $440 / 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 $7,787 $676,500 $201,500 $475,000
2024 $6,834 $574,300 $201,500 $372,800
2023 $6,629 $535,500 $183,200 $352,300
2022 $6,650 $501,900 $174,400 $327,500
2021 $6,446 $473,300 $166,200 $307,100
2020 $6,055 $452,200 $158,200 $294,000
2019 $5,096 $357,600 $158,200 $199,400
2018 $4,632 $328,500 $158,200 $170,300
2017 $4,441 $309,700 $158,200 $151,500
2016 $4,195 $294,400 $158,200 $136,200
2015 $3,823 $265,500 $137,600 $127,900
2014 $3,302 $221,900 $119,600 $102,300
Source: Public Records

Agents Affiliated with this Home

  • Paul Coleman

    Seller's Agent in 2024

    Paul Coleman

    Lamacchia Realty, Inc.

    (857) 998-9623

    1 in this area

    147 Total Sales

    Paul Coleman
    Section Image
  • Mission Impossible Team

    Buyer's Agent in 2024

    Mission Impossible Team

    United Brokers

    (781) 389-2906

    2 in this area

    219 Total Sales

    Mission Impossible Team
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73206356

MLS Property Information Network (MLS PIN)

APN: CHEL-000089-000000-000035

Massachusetts Suffolk County Chelsea 02150 Prattville

75 Palmer St, Chelsea, MA

This home is located at 75 Palmer St, Chelsea, MA 02150 since 28 February 2024 and is currently estimated at $802,506, approximately $440 per square foot. This property was built in 1910. 75 Palmer St is a home located in Suffolk County with nearby schools including Chelsea High School and Pioneer Charter School of Science.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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