CHELSEA,MA
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48 CHESTER AV
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Location
48 CHESTER AV
Mblu
30/ / 173/ /
Acct#
11570028
Owner
CHELSEA LEGACY PORTFOLIO LLC
Total Market Value
$763,100
PID
554
Building Count
1
Current Value
Assessment
Valuation Year
Improvements
Land
Total
2026
$527,100
$236,000
$763,100
Owner of Record
Owner
CHELSEA LEGACY PORTFOLIO LLC
Co-Owner
Address
4 GERRISH AVE
CHELSEA, MA 02150
Sale Price
$24,971,275
Certificate
Book & Page
67513/0001
Sale Date
04/20/2022
Instrument
1V
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
CHELSEA LEGACY PORTFOLIO LLC
$24,971,275
67513/0001
1V
04/20/2022
CHELSEA HOMES 1 LIMITED PARTNERSHIP
$423,907
DOC711395/0000
1B
11/10/2005
CHELSEA NEIGHBORHOOD HOUSING
$0
CERT# 11013/0000
1K
10/13/1995
Building Information
Building 1 : Section 1
Year Built:
1920
Living Area:
6,306
Replacement Cost:
$1,979,344
Building Percent Good:
34
Replacement Cost
Less Depreciation:
$673,000
Building Attributes
Field
Description
Style:
Apt 5-8
Model
Commercial
Grade
Average +10
Stories:
3 Stories
Occupancy
6.00
Exterior Wall 1
Vinyl Siding
Exterior Wall 2
Roof Structure
Flat
Roof Cover
Rubber Membran
Interior Wall 1
Plastered
Interior Wall 2
Interior Floor 1
Carpet
Interior Floor 2
Hardwood
Heating Fuel
Gas
Heating Type
Hot Water
AC Type
None
Bldg Use
APT 4-UNT MDL-94
Total Rooms
24
Total Bedrms
12
Total Baths
6
Systems Stat
Residential Units
1st Floor Use:
111C
Heat/AC
NONE
Frame Type
WOOD FRAME
Baths/Plumbing
AVERAGE
Ceiling/Wall
CEIL & WALLS
Rooms/Prtns
AVERAGE
Wall Height
8.00
% Comn Wall
0.00
Commercial Units
# Open parking spaces
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
FUS
Upper Story, Finished
4,204
4,204
BAS
First Floor
2,102
2,102
FOP
Porch, Open, Finished
80
0
UBM
Basement, Unfinished
2,102
0
8,488
6,306
Extra Features
Extra Features
No Data for Extra Features
Land
Land Use
Use Code
111C
Description
APT 4-UNT MDL-94
Zone
Neighborhood
1010
Alt Land Appr
No
Category
Land Line Valuation
Size (Sqr Feet)
3744
Frontage
0
Total Market Land
$236,000
Outbuildings
Outbuildings
No Data for Outbuildings
Valuation History
Assessment
Valuation Year
Improvements
Land
Total
2025
$695,600
$224,800
$920,400
2024
$679,600
$224,800
$904,400
2023
$672,100
$204,300
$876,400
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