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50 Boatswain's Way # 503, Chelsea MA 02150

Chelsea, MA 02150
$595,000
Est. $4,376/month
2
Beds
2
Baths
1,190
Sq Ft
$500
Price/Sq Ft
1987
Year Built
18
Days on Market
Closed Listed Apr 8, 2025 • MLS# 73356260 Copied!

About this home

Ready to live the high life? Welcome to this stunning penthouse condo on top of Admiral Hill, featuring 2 beds, 2 baths, and endless views that are gorgeous year-round! This updated beauty boasts cathedral ceilings, a sleek kitchen with stainless steel appliances, and a wine fridge in the wet bar—perfect for entertaining. Plus, enjoy the luxury of in-unit laundry and a spacious balcony to soak in those spectacular views. The building is professionally managed, with recent upgrades to the lobby and elevator, and no major projects in sight! Need to cool off? There's an inground pool just across the parking lot. Plus, you've got your own parking spot right by the entrance (#132). Admiral Hill is a nature lover’s dream with parks, trails, and green spaces, and you’re just minutes away from a marina, yacht club, and easy access to Boston via Silver Line or Commuter Rail! Let’s make this your new home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Living Area
1,190 sq ft
Total Rooms
4
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $580,000
Final Sale Price: $595,000
Difference: +$15,000 (+2.6%)
Performance Metrics
102.6%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $487
Sale $/sq ft: $500
This property sold for $500 per square foot
Sale Summary

This property sold for 2.6% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$500/sq ft
Area Average
$314/sq ft
Difference
+59.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,190 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Heat Pump, Electric, Individual, Unit Control
Cooling Individual, Unit Control
Flooring Tile, Wood Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Other, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features Wet Bar, Internet Available - Broadband, High Speed Internet

Exterior

Construction Frame, Brick
Architecture None
Roof Rubber
Features Deck, Covered Patio/deck, City View(s), Screens, Professional Landscaping
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Deck, Covered

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $5,809
Assessed Value $504,700

Interior Features

Flooring: Tile, Wood Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Other, Plumbed For Ice Maker
Interior Features: Wet Bar, Internet Available - Broadband, High Speed Internet
Windows: Screens
Basement: N
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom, Security Guard

Construction & Materials

Year Built: 1987
Structure Type: Mid-Rise
Exterior Materials: Frame, Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric, Individual, Unit Control
Heating Zones: 2
Cooling: Individual, Unit Control
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Covered Patio/Deck, City View(s), Screens, Professional Landscaping
Patio & Porch: Deck, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station

Location

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Neighborhood

50 Boatswain's Way # 503, Chelsea MA 02150

Chelsea, MA 02150

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $484
Homeowners Insurance $200
HOA Fee $683/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

2.5%
Price Range
20
Total Days on Market

Property Timeline

Sold
May 16, 2025
$595,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Apr 8, 2025
$580,000
Original listing
Agent: Saad Munir Office: Torii, Inc.

Price & Status History

Date Event Price Change
Apr 8, 2025 New Listing Added $580,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$500

Tax History

Year Taxes Assessment
2025 $5,809 $504,700

Financial Details

Annual Property Tax
$5,809
Tax Year 2025
HOA Fee
$683
Monthly
Assessed Value
$504,700

Listing Information

Agent MLS ID CN241130
Office MLS ID AN5473
Listing Data Updated May 16, 2025 4:33 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Chelsea, MA

Real-time market trends and pricing data for this area

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