Seller's Agent in 2022
Ella Goren
Sunrise Realty & Investment LLC
(617) 710-4408
2 in this area
58 Total Sales
93 Chester Ave Chelsea, MA 02150
Bellingham Square NeighborhoodEstimated Value: $1,013,000 - $1,104,000
12
Beds
3
Baths
3,519
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Plywood Flooring
- Fenced
About This Home
As of December 2022HUGE ATTACHED 3 FAMILY NEAR PRIME BELLINGHAM SQUARE! Great opportunity for buy and hold investors, 7% cap rate! Large units with some upgrades and great layouts! Spacious bedrooms, kitchens and living rooms in each unit! Long term very nice and good paying tenants! Utilities are separate and tenants pay, rents are stable and well below market. All Heating systems and water boilers are 2017. Huge back yard! Easy access to downtown Boston, I-93, Tobin Bridge, East Boston and Chelsea City Hall.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,017
Year Built
- Built in 1900
Lot Details
- 2,482 Sq Ft Lot
- Fenced
Home Design
- 3,519 Sq Ft Home
- Triplex
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
Flooring
- Plywood
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Location
- Property is near public transit
Utilities
- 3 Heating Zones
- 220 Volts
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $6,000
- Assessor Parcel Number M:021 P:070,1286576
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Insurance Expense $4,475
- Water Sewer Expense $3,600
- Operating Expense $10,075
- Net Operating Income $64,325
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2019
Sold by
Goren Gershon
Bought by
Mag Chester Llc
Current Estimated Value
Purchase Details
Closed on
Jun 2, 2017
Sold by
Aethos Llc
Bought by
Goren Gershon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,700
Interest Rate
3.97%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mag Chester Llc | -- | -- | |
| Mag Chester Llc | -- | -- | |
| Goren Gershon | $633,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hejib Aditya | $675,000 | |
| Closed | Hejib Aditya | $675,000 | |
| Previous Owner | Goren Gershon | $474,700 | |
| Previous Owner | A Plus Community Inv L | $342,000 | |
| Previous Owner | Abebe Tiruaynet | $319,500 | |
| Previous Owner | 91-93 Chester Avenue N | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2022 12/07/22 | Sold | $900,000 | -2.7% | $256 / Sq Ft |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- |
| 10/10/2022 10/10/22 | For Sale | $925,000 | -- | $263 / 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 | $9,724 | $844,800 | $163,900 | $680,900 |
| 2024 | $10,053 | $844,800 | $163,900 | $680,900 |
| 2023 | $8,907 | $719,500 | $149,000 | $570,500 |
| 2022 | $9,017 | $680,500 | $141,900 | $538,600 |
| 2021 | $8,696 | $638,500 | $135,200 | $503,300 |
| 2020 | $7,549 | $563,800 | $128,700 | $435,100 |
| 2019 | $8,131 | $570,600 | $128,700 | $441,900 |
| 2018 | $8,914 | $632,200 | $128,700 | $503,500 |
| 2017 | $6,667 | $464,900 | $128,700 | $336,200 |
| 2016 | $5,513 | $386,900 | $128,700 | $258,200 |
| 2015 | $4,285 | $297,600 | $111,900 | $185,700 |
| 2014 | $3,741 | $251,400 | $97,300 | $154,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Tina Crowley
Compass
(781) 572-2082
1 in this area
76 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73046211
APN: CHEL-000021-000000-000070
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