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56 Franklin Ave. # 12, Chelsea MA 02150

Chelsea, MA 02150
$340,000
Est. $2,588/month
2
Beds
1
Baths
685
Sq Ft
$496
Price/Sq Ft
1970
Year Built
28
Days on Market
Closed Listed Apr 8, 2025 • MLS# 73356120 Copied!

About this home

A great opportunity awaits for you in the heart of vibrant Chelsea! This charming, move-in ready condo is freshly painted and it has brand new stainless steel appliances, making it a delightful space for both homeowners and investors alike! This bright and airy unit has everything you’ve been looking for. As you step inside, you’ll be greeted by a spacious living room with brand-new laminate flooring that flows effortlessly into the kitchen. And don’t forget to check out your private balcony, where you can take in the stunning views of the Boston skyline. Down the hall, you’ll find two spacious bedrooms featuring stylish new laminate wood flooring and plenty of closet space for all your belongings. A full bathroom completes this lovely level, and fresh paint throughout adds a bright, welcoming touch! The low condo fee includes heat, hot water and so much more!Located just minutes from Routes 1 and 16, along with easy access to public transportation this is a wonderful commuter's dream.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
2
Full Bathrooms
1
Living Area
685 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $330,000
Final Sale Price: $340,000
Difference: +$10,000 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $482
Sale $/sq ft: $496
This property sold for $496 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

With only 28 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$496/sq ft
Area Average
$359/sq ft
Difference
+38.1%

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 1970
Living Area 685 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Natural Gas
Cooling Window Unit(s)
Flooring Laminate
Appliances Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Cooktop, Range
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,343
Assessed Value $290,400

Interior Features

Flooring: Laminate
Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Cooktop, Range
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security:

Construction & Materials

Year Built: 1970
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Special Features

View: Yes
View Type: City
Community Amenities:

Location

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Neighborhood

56 Franklin Ave. # 12, Chelsea MA 02150

Chelsea, MA 02150

Walkability

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Nearby Schools

School District
Chelsea School District local
C-
School Safety 2024-25
5.2% Above Average
2.9% Suspensions 1.7% In-School 2.3% Emergency
0.3% below state avg
E

Elementary Schools

3 schools
St. Rose Elementary School
0.4 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.5 mi
54 students Less Diverse
College Ready Curriculum
Grades K-12
B+
William A Berkowitz Elementary School
0.7 mi | #287 of 824 | Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
455 students Less Diverse
Grades 01-04
M

Middle Schools

3 schools
D
Clark Avenue School
0.3 mi | #329 of 352 | Score: 28.3
Improved 32 spots from last year
-29.9 below state avg
673 students Less Diverse
Rising School
Grades 05-08
C-
Joseph A. Browne School
0.5 mi | #290 of 352 | Score: 32.4
Improved 56 spots from last year
-25.8 below state avg
487 students Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.5 mi | #9 of 16 | Score: 29.9
Improved 348 spots from last year
-28.3 below state avg
436 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
C
Chelsea Opportunity Academy
0.4 mi | #294 of 346 | Score: 59.3
Same rank as last year
132 students Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.4 mi | #283 of 346 | Score: 42.9
Improved 25 spots from last year
-15.3 below state avg
1,649 students Less Diverse
12 sports • 796 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
Seaport Academy School
1.1 mi
Grades 07-12
Learn about these ratings

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 $279
Homeowners Insurance $200
HOA Fee $390/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

2.9%
Price Range
30
Total Days on Market

Property Timeline

Sold
Jun 9, 2025
$340,000
Property sold
Days on Market: 30
🏠
Listed for Sale
Apr 8, 2025
$330,000
Original listing
Agent: Elena Cristina Marchis Office: LAER Realty Partners

Price & Status History

Date Event Price Change
Apr 8, 2025 New Listing Added $330,000

Market Statistics

Days on Market
28 days
Price per Sq Ft
$496

Tax History

Year Taxes Assessment
2025 $3,343 $290,400

Financial Details

Annual Property Tax
$3,343
Tax Year 2025
HOA Fee
$390
Monthly
Assessed Value
$290,400

Listing Information

Listing Agent Elena Cristina Marchis
Listing Office LAER Realty Partners
Agent MLS ID CN231382
Office MLS ID AN4972
Listing Data Updated Jun 9, 2025 8:46 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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