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56 Franklin Ave. # 4, Chelsea MA 02150

Chelsea, MA 02150 • Prattville
$225,000
Est. $1,836/month
1
Beds
1
Baths
465
Sq Ft
$484
Price/Sq Ft
1970
Year Built
Condominium
Type
130
Days on Market
Closed Listed Jun 5, 2024 • MLS# 73247970 Copied!

About this home

Cute and cozy one bedroom; very affordable; hardwood floors in LR and BR; clothing dryer included; for sale by owner; close to public transportation and walk to Cary Square and Library. Vacant and ready to move in!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
465 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $265,000
Final Sale Price: $225,000
Difference: $40,000 (-15.1%)
Performance Metrics
84.9%
List to Sale Ratio
Sold below asking price
130
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $570
Sale $/sq ft: $484
This property sold for $484 per square foot
Sale Summary

This property sold for 15.1% below the original asking price.

At 130 days on market, this property took longer than average to sell.

Nearby Sales Comparison

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

This Property
$484/sq ft
Area Average
$359/sq ft
Difference
+34.8%

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 465 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry Common Area, In Building
Features Internet Available - Dsl

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded
Total Spaces 1

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven, Icemaker Connection

Financial

Annual Tax $2,141
Assessed Value $178,700

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Plumbed For Ice Maker
Interior Features: Internet Available - DSL
Windows: Storm Window(s)
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: Garden
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Location

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Neighborhood

Prattville

56 Franklin Ave. # 4, 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
School data provided by BMN Schools

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 $178
Homeowners Insurance $200
HOA Fee $320/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

5.9%
Price Range
106
Total Days on Market

Property Timeline

✓
Sold
Nov 12, 2024
$225,000
Property sold
Days on Market: 106
🏠
Listed for Sale
Jun 5, 2024
$239,000
Original listing
Agent: Jeffrey Miller Office: Capitol Realty Group

Price & Status History

Date Event Price Change
Jun 5, 2024 New Listing Added $239,000 —

Market Statistics

Days on Market
130 days
Price per Sq Ft
$484

Tax History

Year Taxes Assessment
2024 $2,141 $178,700

Financial Details

Annual Property Tax
$2,141
Tax Year 2024
HOA Fee
$320
Monthly
Assessed Value
$178,700

Listing Information

Listing Office Capitol Realty Group
Agent MLS ID BB809159
Office MLS ID NB1823
Listing Data Updated Nov 18, 2024 2:29 PM EST
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

56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 1 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 2 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 3 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 4 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 5 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 6 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 7 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 8 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 9 56 Franklin Ave. # 4, Chelsea MA 02150 - Photo 10
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