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37 Madison Ave

Chelsea, MA 02150

4 bd 3 ba 2,372 sqft Built 1958 Lot 4,272 sqft multi_family
Most recent sale
$750,000
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $750,000 MLS #72944678
Mar 9, 2022 Relisted $739,900 MLS #72944678
Feb 21, 2022 Listed $739,900 MLS #72944678
Sep 28, 2018 Sold $560,000 MLS #72377994
Aug 13, 2018 Listed $559,900 MLS #72377994
Nov 25, 1997 Sold $141,000 Public Record
Oct 9, 1987 Sold $190,000 Public Record
Oct 1, 1987 Sold $190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $424,200 $207,900 $632,100 $7,275
2024 $400,700 $207,900 $608,600 $7,242
2023 $334,900 $189,000 $523,900 $6,486
2022 $313,900 $180,000 $493,900 $6,544
2021 $294,600 $171,400 $466,000 $6,347
2020 $294,600 $163,300 $457,900 $6,131
2019 $170,400 $163,300 $333,700 $4,755
2018 $145,700 $163,300 $309,000 $4,357
2017 $133,100 $163,300 $296,400 $4,250
2016 $95,400 $163,300 $258,700 $3,686
2015 $99,400 $142,000 $241,400 $3,476
2014 $95,600 $123,500 $219,100 $3,260
2006 $231,400 $135,300 $366,700 $3,528
2005 $202,500 $120,800 $323,300 $3,084
2004 $156,400 $120,800 $277,200 $2,572
2003 $146,100 $116,100 $262,200 $2,632

Property facts

Year built
1958
Property type
multi_family
Stories
3
Beds
4
Baths
3
Living area
2,372 sqft
Lot size
4,272 sqft
ZIP code
02150
City
Chelsea
Street
Madison Ave
Coordinates
42.41112, -71.03342

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,879
Gross rental yield
11.01%
Implied cap rate
7.15%
Trend-extrapolated value

Frequently asked questions

When did 37 Madison Ave last sell?
37 Madison Ave most recently sold on Mar 30, 2022 for $750,000.
What is the current tax assessment for 37 Madison Ave?
The most recent total assessment for 37 Madison Ave (year 2025) is $632,100 with $7,275 in property tax.
How does 37 Madison Ave's assessment compare to its last sale price?
The current assessment is 15.7% below the last sale price of $750,000.
When was 37 Madison Ave built?
37 Madison Ave was built in 1958.
How does 37 Madison Ave compare to others on Madison Ave?
We track 6 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 37 Madison Ave?
37 Madison Ave is a 4 bed, 3 bath, 2,372 sqft, 4,272 sqft lot multi_family.
Is 37 Madison Ave a flip candidate?
No — 37 Madison Ave does not appear in our flips dataset.
Is 37 Madison Ave a tax-appeal candidate?
No — 37 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.2%
Implied 1-yr
-8.7%
2026 Q3
$463.5K
2026 Q4
$451.8K
ZIP 02150 — Median Price History + Forecast

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