NOT LISTED FOR SALE

Estimated Value: $1,017,000 - $1,223,422

8 Beds
3 Baths
3,171 Sq Ft
$341/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $785,000 $248 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,505/month

65 Days on Market

About This Home

As of September 2019

INVESTOR OPPORTUNITY! TURNKEY READY FOR OWNER OCCUPANT or NEW REAL ESTATE TYCOON! ATTENTION INVESTORS AND CONDO DEVELOPERS!! Chelsea is the hot city right now!! At the Crossroads of Rt 16, RT 1, Rt 107, RT 99 and within 5 min of 93! Closer to BOSTON CITY HALL THAN MOST OF BOSTON! Silver Line open with expansion to Orange Line in the works!Well Maintained Three family ready for condo conversion or fill with your own tenants! Centrally located Chelsea property in a quiet residential neighborhood on Powder Horn Hill. Easy to show. Motivated sellers. Gleaming Hardwood floors throughout. Two heating systems; a separate system for the first floor and the other system is for the second and third floors. UPDATES INCLUDE: Electricity, new roof (2017), newer gas heating systems (2016), Plenty of parking for about 6-8 cars. Buyer to do all due diligence. RENTS DISPLAYED ARE REAL ESTATE AGENT MARKET RATE OPINION. MOTIVATED SELLERS.

Last Agent to Sell the Property

Roy Avellaneda

Metropolitan Boston Real Estate, LLC Listed on: 05/21/2019

Last Buyer's Agent

Roy Avellaneda

Metropolitan Boston Real Estate, LLC Listed on: 05/21/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,730

Year Built

  • Built in 1900

Lot Details

  • 6,098

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:058 P:069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,730

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 251.97
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 16
  • Basement: Y
  • Main Lo: AC2186
  • Main So: AC2186
  • Estimated Sq Ft: 3171.00

Exterior Features

  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 6

Utilities

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

Lot Info

  • Assessments: 489100.00
  • Acre: 0.14
  • Lot Size: 6000.00
  • Page: 74
  • Parcel Number: M:058 P:069
  • Zoning: R2
  • Lot Description: Gentle Slope

Multi Family

  • Total Levels: 3
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6896.00
  • Assessor Parcel Number: 1288823

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Sep 17, 2019
Sold by
Gavin Luke
Bought by
Orlandi Carl A
Seller's Agent
Roy Avellaneda
Metropolitan Boston Real Estate, LLC
Buyer's Agent
Roy Avellaneda
Metropolitan Boston Real Estate, LLC
List Price
$879,000
Sold Price
$785,000
Premium/Discount to List
-$94,000
-10.69%
Current Estimated Value
$1,057,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,361
Avg. Annual Appreciation
5.23%
Original Mortgage
$628,000
Outstanding Balance
$553,672
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$506,219

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 31, 2018
Sold by
Ramirez Emilio and Ramirez Reina L
Bought by
Gavin Luke
Seller's Agent
Gloria Menjivar
StartPoint Realty
Buyer's Agent
Michael Koeller
Riverfront REALTORS®
List Price
$849,900
Sold Price
$775,000
Premium/Discount to List
-$74,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$720,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 2015
Sold by
Ramirez Emilio
Bought by
Ramirez Reina L and Ramirez Emilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,758
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2015
Sold by
Galvez Luis B and Mancia Eloisa B
Bought by
Ramirez Emilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,758
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2013
Sold by
Galvez Luis B
Bought by
Galvez Luis B and Mancia Eloisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2013
Sold by
Mojica Elba I
Bought by
Galves Luis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1992
Sold by
Gantos Alex J and Taylor Eileen F
Bought by
Mojica Elba J

Purchase Details

Closed on
Feb 21, 1989
Sold by
Prifti Theodore W
Bought by
Gantos Alex J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Orlandi Carl A $785,000 --
Gavin Luke $775,000 --
Ramirez Reina L -- --
Ramirez Reina L -- --
Ramirez Emilio $455,000 --
Galvez Luis B -- --
Galvez Luis B -- --
Galves Luis B $345,000 --
Galves Luis B $345,000 --
Mojica Elba J $117,000 --
Mojica Elba J $117,000 --
Gantos Alex J $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlandi Carl A $628,000
Closed Orlandi Carl A $628,000
Previous Owner Gavin Luke $720,000
Previous Owner Ramirez Emilio $492,000
Previous Owner Ramirez Emilio $446,758
Previous Owner Galves Luis B $338,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $785,000 -1.8% $248 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/13/2019 07/13/19 Price Changed $799,000 -3.2% $252 / Sq Ft
06/24/2019 06/24/19 Price Changed $825,000 -2.8% $260 / Sq Ft
06/11/2019 06/11/19 Price Changed $849,000 -1.2% $268 / Sq Ft
06/05/2019 06/05/19 Price Changed $859,000 -2.3% $271 / Sq Ft
05/21/2019 05/21/19 For Sale $879,000 +13.4% $277 / Sq Ft
05/30/2018 05/30/18 Sold $775,000 -8.8% $244 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $849,900 -- $268 / 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 $10,730 $932,200 $237,000 $695,200
2024 $11,093 $932,200 $237,000 $695,200
2023 $10,636 $859,100 $215,600 $643,500
2022 $10,787 $814,100 $205,300 $608,800
2021 $10,414 $764,600 $195,600 $569,000
2020 $9,680 $722,900 $186,300 $536,600
2019 $7,533 $528,600 $186,300 $342,300
2018 $6,896 $489,100 $186,300 $302,800
2017 $6,649 $463,700 $186,300 $277,400
2016 $5,700 $400,000 $186,300 $213,700
2015 $5,041 $350,100 $162,000 $188,100
2014 $4,418 $296,900 $140,900 $156,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72504350

MLS Property Information Network (MLS PIN)

APN: CHEL-000058-000000-000069