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220 Spencer Ave # 201, Chelsea MA 02150

Chelsea, MA 02150
$412,000
1
Beds
1
Baths
984
Sq Ft
$419
Price/Sq Ft
1900
Year Built
1
Parking
24
Days on Market
Closed Listed Sep 1, 2024 • MLS# 73283536 Copied! • Updated Oct 30, 2024

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 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$419/sq ft
Area Average
$107/sq ft
Difference
+292.6%

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

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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Recently Sold Nearby

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.

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

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
Features Off Street, Deeded, Driveway, Exclusive Parking
Total Spaces 1
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $1,112
Assessed Value $347,100

HOA & Community

HOA Fee $381 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Laundry, Elevator(s)
Optional Fee Includes None
Owner-Occupied Units 20
Seller Disclosures Two Windows Need To Be Fixed. Certified Artist Only Can Purchase This Loft For The First 30 Days Only Per The Deed Restriction. Awe Are Past The 30 Days The Fy 2023 Residential Exemption Is $3, 018.03 In Tax Or $253, 616 In Value For Owner Occupants** Taxes Are Only Approximately $1, 111!!
Possession None
Accepted Financing Contract
Structure Type ["Low-Rise","Loft"]
Unit/Building 201
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 57 days

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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

220 Spencer Ave # 201, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Jeffrey Bowen
Listing Office eRealty Advisors, Inc.
Office Phone 617-729-2618
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.

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Market Analytics for Chelsea, MA

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