52 Spencer Avenue

Local assessors in Chelsea, MA have categorized 52 Spencer Avenue as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 5,000 square feet. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 52 Spencer Avenue has a total of 5,084 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a flat style roof that was made of materials that we aren't sure of. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is 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, 52 Spencer Avenue was last sold in May 4, 2022 for $538,000. According to our calculations, that's $105.82 per sqft. Prior to that sales transaction, the property was sold for $495,000 in Apr 29, 2022. Current property owners are expected to pay $22,917 in taxes per year. The property on 52 Spencer Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,729,600. To break that down further, the land itself was valued at $214,500. While improvements to the property were assessed at a total of $1,515,100. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!