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121 Marlborough Street

121 Marlborough Street, Chelsea, MA 02150
Property in Belingham Square
Sold Jul 15, 2016
$512,000
$334,000 by Mortgage Network Inc
Mortgage Due Jan 01, 2053
Sold Feb 19, 2008
$197,000
Seller
$189,957 by Wells Fargo Bank
Mortgage
121 Marlborough Street in Chelsea, MA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 3 floors. There are a total of 15 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 121 Marlborough Street has 3,425 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,950 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of materials that we aren't sure of. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 121 Marlborough Street was last sold in Jan 1, 1970 for $512,000. According to our calculations, that's $149.49 per sqft. Prior to that sales transaction, the property was sold for $197,000 in Jan 1, 1970. Current property owners are expected to pay $8,649 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 121 Marlborough Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $698,600. To break that down further, the land itself was valued at $136,000. While improvements to the property were assessed at a total of $562,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

On-Street Parking
Off Street Parking

Condition

Wooded Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 12
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unspecified basement
  • Basement Area: 1,175
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,950
  • Total Building Area: 3,425
  • Gross Building Area: 4,894
  • Building Area: 3,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,425
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLYOKE STREET CONDO
  • Land Acres: 0.045
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : YOUNG GRACE
  • Previous Owner : TESFAW GEREMEW M
  • Owner Before Previous Owner: US BK

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: CHELSEA SD
  • Census Tract: 160102

Zoning

  • Zoning: R3

Geography

  • Account Number: 33870010
  • Parcel: CHEL M:031 P:083
  • Municipality: CHELSEA
  • Latitude: 42.3921
  • Longitude: -71.0279

    Address

  • Full Address: 121 Marlborough St
  • Address - House Number: 121
  • Address - Street Name: Marlborough
  • Address - Suffix Type: St
  • State: MA
  • City Name: Chelsea
  • Carrier Code: C062
  • 4-Digit Zip Code: 3774
  • Zip Code: 02150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,649
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 875,746
  • High Value: 1,040,062
  • Low Value: 711,430

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $334,000
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $334,000
  • First Open Lien Mortgage Term: 372
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $698,600
  • Assessed Land Value: $136,000
  • Assessed Improvements Value: $562,600

    Sales

  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Transaction ID: 1673303516
  • Current Sale Price: $512,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 858711
  • Previous Sale Recording Date: Feb 19, 2008
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Land Court (Massachusetts)

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 15, 2016
  • First Mortgage Loan Amount: $358,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 15, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Feb 19, 2008
  • Previous Mortgage Loan Amount: $189,957
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 121 Marlborough Street located in?
The 121 Marlborough Street is a located in the neighborhood of Belingham Square in Belingham Square, Chelsea.
What is the average sales price for listings in 121 Marlborough Street?
The average sales price for units in 121 Marlborough Street is $0 currently.

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