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56 Cherry St, Chelsea MA 02150

Chelsea, MA 02150
$390,000
Est. $2,492/month
2
Beds
1
Baths
972
Sq Ft
$401
Price/Sq Ft
0.04
Acres
1940
Year Built
Single Family Residence
Type
11
Days on Market
Closed Listed Mar 7, 2024 • MLS# 73209797 Copied!

About this home

Unbeatable Offering at 56 Cherry St! Discover your ideal starter home with 2 spacious bedrooms, a sunlit living and dining area, and a charming eat-in kitchen. Enjoy the convenience of parking for 2 cars and a fenced backyard. Nestled in Chelsea's trendy neighborhood, surrounded by chic restaurants and vibrant shopping, it's also close to the courthouse. Just a 10-minute drive to downtown Boston, the ocean, marina, parks, and public transportation, makes this a fantastic location for the busy professional. Don't miss out – this home is a rare find, and will not last.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1940
Bedrooms
2
Full Bathrooms
1
Living Area
972 sq ft
Total Rooms
5

Sale Statistics

Sale Overview
Original List Price: $359,900
Final Sale Price: $390,000
Difference: +$30,100 (+8.4%)
Performance Metrics
108.4%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $370
Sale $/sq ft: $401
This property sold for $401 per square foot
Sale Summary

This property sold for 8.4% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1940
Living Area 972 sq ft
Lot Size 0.04 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Oil
Cooling Window Unit(s)
Flooring Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Full, Unfinished
Laundry In Basement
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,840
Assessed Value $322,700

Interior Features

Flooring: Vinyl
Appliances: Range, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Full, Unfinished
Laundry: In Basement
Security:

Construction & Materials

Style: Cape
Year Built: 1940
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

56 Cherry St, 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

7 schools
St. Rose Elementary School
0.5 mi
Grades PK-08
Chelsea Virtual Learning Academy
1.1 mi
54 students Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.2 mi
779 students Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
1.3 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
B
Edgar A Hooks Elementary School
1.3 mi | #406 of 824 | Score: 47.6
Improved 100 spots from last year
-10.6 below state avg
430 students Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
1.3 mi | #663 of 824 | Score: 37.9
Improved 46 spots from last year
-20.4 below state avg
472 students Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
1.3 mi | #642 of 824 | Score: 38.6
Improved 188 spots from last year
-19.6 below state avg
527 students Less Diverse
Rising School
Grades 01-04
M

Middle Schools

3 schools
C-
Joseph A. Browne School
0.3 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
0.3 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
D
Clark Avenue School
0.6 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
H

High Schools

3 schools
Seaport Academy School
0.5 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.7 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
0.7 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $320
Homeowners Insurance $200
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
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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

7.7%
Price Range
12
Total Days on Market

Property Timeline

✓
Sold
May 8, 2024
$390,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Mar 7, 2024
$359,900
Original listing
Agent: Sean K Connelly Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Mar 7, 2024 New Listing Added $359,900 —

Market Statistics

Days on Market
11 days
Price per Sq Ft
$401

Tax History

Year Taxes Assessment
2023 $3,840 $322,700

Financial Details

Annual Property Tax
$3,840
Tax Year 2023
Assessed Value
$322,700

Listing Information

Listing Agent Sean K Connelly
Listing Office William Raveis R.E. & Home Services
Agent MLS ID C8000743
Office MLS ID M95385
Listing Data Updated May 9, 2024 10:30 AM 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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Steven Novak

Steven Novak

BMN Boston Real Estate

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