Chelsea Sale Prices Span $150,000 to $840,000 in Latest Recorded Deeds

CHELSEA -- Suffolk County Registry of Deeds records show 12 property transfers recorded in Chelsea between Sept. 25 and Oct. 24, with sale prices ranging from $150,000 to $840,000 among the five transactions that have a recorded price so far.

MARKET OVERVIEW

Of the 12 deeds recorded during the period, five carried a sale price in the registry data as of this report; the remaining seven showed no price, which is common in registry records and typically means the figure has not yet been entered, not that a price was withheld. Among the five priced sales, the price range ran from $150,000 to $840,000, with a median of $400,000. Twelve recorded transfers over a one-month span is a modest but measurable volume for a single municipality; the raw count alone does not indicate whether the period was busier or slower than typical for Chelsea, since no historical baseline was provided.

TOP SALES

The highest-priced recorded sale was 5 Auburn Sq Charlestown, which sold for $840,000 on Sept. 29. The sellers were listed as Auburn Sq Charlestown and Colleen Arons; the buyer was Citizens Bank NA. The second-highest was 50 Prospect Ave, which sold for $736,000 on Sept. 28; sellers Rupesh Tamang and Sangita L. Yonjan transferred the property to TruNorth Bank and Mortgage Electronic Registration Systems Inc. A third sale, recorded without a specific street address in the deed data, closed for $395,000 on Sept. 30; the seller was listed as Alberto JX Leon Hernandez and the buyer as Rachel J. Bartholomew. At 139 Clark Ave, a $400,000 sale closed Sept. 25; sellers Dinora C. Cortez and Jayme Roel Cortez Cordon transferred the property to MSA Mortgage LLC and Mortgage Electronic Registration Systems Inc. The lowest-priced recorded sale was 193 Webster St at $150,000, recorded Sept. 29, with sellers Herold Pierce and Guirlaine Francois and buyers Spring EQ LLC and Mortgage Electronic Registration Systems Inc.

NEIGHBORHOOD BREAKDOWN

No street in the dataset had more than one recorded transfer, so no street-level clustering emerged this period. By price tier among the five sales with recorded prices: three sales fell under $500,000 ($150,000, $395,000 and $400,000); two fell in the $500,000-to-$1 million range ($736,000 and $840,000); none exceeded $1 million. The seven transfers without a recorded price span addresses on Reynolds Avenue, Parker Street, Everett Avenue, Clinton Street, Eastern Avenue, Carroll Street and Cary Avenue, with no concentration on any single street.

MARKET NOTES

Several of the recorded transfers list banks or Mortgage Electronic Registration Systems Inc. as a buyer or co-buyer, including the sales at 5 Auburn Sq Charlestown (Citizens Bank NA), 50 Prospect Ave (TruNorth Bank/MERS), 193 Webster St (Spring EQ LLC/MERS), 139 Clark Ave (MSA Mortgage LLC/MERS) and 311 Eastern Ave (Eagle Bank, price not yet available). Deed records involving MERS or a bank as grantee often reflect mortgage-related recordings alongside, or instead of, a conventional owner-to-owner sale; the registry data does not specify which. One deed, 67 Clinton St, lists US Bank Trust NA as seller and Crespo Property Group LLC as buyer, also without a recorded price. A transfer at 32 Cary Ave moved from the Sanchez Family Joint Revocable Trust and Carmelo Sanchez, consistent with a within-family trust transfer; the data does not indicate a buyer or price for this transaction. No single-family versus condominium versus multi-family breakdown could be determined from the dataset, as property type is not specified in the deed records provided, though unit designations at 16 Reynolds Ave Unit 2 and 87 Parker St Unit 402 indicate condominium transfers. No square footage or price-per-square-foot comparisons were possible, as no square footage data was provided for any transaction.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.