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220 Spencer Ave # 201, Chelsea MA 02150

Chelsea, MA 02150
$412,000
Est. $2,757/month
1
Beds
1
Baths
984
Sq Ft
$419
Price/Sq Ft
1900
Year Built
24
Days on Market
Closed Listed Sep 1, 2024 • MLS# 73283536 Copied!

About this home

Keen Lofts! Here is your chance to live in a Tudor style former Mary C. Burke School House. This turn of the 20th century schoolhouse was converted in 2006 by Robert Keen. This building is an architectural gem featuring: high ceilings, abundant natural sunlight with two exposures, hardwood floors, central A/C, an elevator, gas heat, common and a deeded off-street parking space and more. There is a large closet and a private bathroom that is neatly tucked away. This loft is close to shopping and dining destinations. Many public transportation options via the Silver Line, Commuter Rail and five bus routes. Drive to Boston in under 15 minutes via the Tobin Bridge, Ted Williams & Route 16 to Route 99. 22 out of 23 units are owner occupied. Conveniently located near the Chelsea Commons Mall, which includes Planet Fitness, deeded parking space #7. Don't miss your chance to live in this loft! Not all units have a deeded parking space in building. BOA offering $10,000 down and $7,500 closings

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
984 sq ft
Total Rooms
1
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $450,000
Final Sale Price: $412,000
Difference: $38,000 (-8.4%)
Performance Metrics
91.6%
List to Sale Ratio
Sold below asking price
24
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $457
Sale $/sq ft: $419
This property sold for $419 per square foot
Sale Summary

This property sold for 8.4% below the original asking price.

With only 24 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$419/sq ft
Area Average
$243/sq ft
Difference
+72.4%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 984 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 1

Interior

Heating Forced Air, Natural Gas, Individual, Unit Control
Cooling Central Air, Individual, Unit Control
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features High Speed Internet, Elevator

Exterior

Construction Frame, Brick, Post & Beam
Architecture None
Roof Slate
Features Decorative Lighting, Screens, Rain Gutters, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded, Driveway, Exclusive Parking
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $1,112
Assessed Value $347,100

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: High Speed Internet, Elevator
Windows: Screens
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2006
Structure Type: Low-Rise, Loft
Exterior Materials: Frame, Brick, Post & Beam
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Individual, Unit Control
Cooling: Central Air, Individual, Unit Control
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Decorative Lighting, Screens, Rain Gutters, Sprinkler System
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Location

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Neighborhood

220 Spencer Ave # 201, 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 $93
Homeowners Insurance $200
HOA Fee $381/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

3.1%
Price Range
57
Total Days on Market

Property Timeline

Sold
Oct 30, 2024
$412,000
Property sold
Days on Market: 57
🏠
Listed for Sale
Sep 1, 2024
$425,000
Original listing
Agent: Jeffrey Bowen Office: eRealty Advisors, Inc.

Price & Status History

Date Event Price Change
Sep 1, 2024 New Listing Added $425,000

Market Statistics

Days on Market
24 days
Price per Sq Ft
$419

Tax History

Year Taxes Assessment
2024 $1,112 $347,100

Financial Details

Annual Property Tax
$1,112
Tax Year 2024
HOA Fee
$381
Monthly
Assessed Value
$347,100

Listing Information

Listing Agent Jeffrey Bowen
Listing Office eRealty Advisors, Inc.
Agent MLS ID BB910777
Office MLS ID AN5370
Listing Data Updated Oct 30, 2024 3:19 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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