54 Palmer St
Chelsea, MA 02150
3 bd 2 ba 1,456 sqft Built 1956 Lot 5,662 sqft single_family
Most recent sale
$640,000
Sep 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 26, 2022 | Sold | $640,000 | MLS #73009001 |
| Jul 31, 2022 | Price changed | $620,000 | MLS #73009001 |
| Jul 26, 2022 | Price changed | $690,000 | MLS #73009001 |
| Jul 12, 2022 | Listed | $715,000 | MLS #73009001 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $396,100 | $225,500 | $621,600 | $7,155 |
| 2024 | $409,900 | $225,500 | $635,400 | $7,561 |
| 2023 | $267,400 | $205,000 | $472,400 | $5,848 |
| 2022 | $247,600 | $195,300 | $442,900 | $5,868 |
| 2021 | $234,000 | $186,000 | $420,000 | $5,720 |
| 2020 | $224,900 | $177,100 | $402,000 | $5,383 |
| 2019 | $214,400 | $177,100 | $391,500 | $5,579 |
| 2018 | $186,800 | $177,100 | $363,900 | $5,131 |
| 2017 | $169,300 | $177,100 | $346,400 | $4,967 |
| 2016 | $155,900 | $177,100 | $333,000 | $4,745 |
| 2015 | $121,000 | $154,100 | $275,100 | $3,961 |
| 2014 | $112,900 | $134,000 | $246,900 | $3,674 |
| 2006 | $159,700 | $143,600 | $303,300 | $2,918 |
| 2005 | $152,900 | $128,300 | $281,200 | $2,683 |
| 2004 | $122,900 | $128,300 | $251,200 | $2,331 |
| 2003 | $105,100 | $123,400 | $228,500 | $2,294 |
Property facts
Year built
1956
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
5,662 sqft
ZIP code
02150
City
Chelsea
Street
Palmer St
Coordinates
42.41005, -71.03169
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,222
Gross rental yield
7.92%
Implied cap rate
5.15%
Trend-extrapolated value
—
Frequently asked questions
When did 54 Palmer St last sell?
54 Palmer St most recently sold on Sep 26, 2022 for $640,000.
What is the current tax assessment for 54 Palmer St?
The most recent total assessment for 54 Palmer St (year 2025) is $621,600 with $7,155 in property tax.
How does 54 Palmer St's assessment compare to its last sale price?
The current assessment is 2.9% below the last sale price of $640,000.
When was 54 Palmer St built?
54 Palmer St was built in 1956.
How does 54 Palmer St compare to others on Palmer St?
We do not currently track other properties on Palmer St.
What are the property facts for 54 Palmer St?
54 Palmer St is a 3 bed, 2 bath, 1,456 sqft, 5,662 sqft lot single_family.
Is 54 Palmer St a flip candidate?
No — 54 Palmer St does not appear in our flips dataset.
Is 54 Palmer St a tax-appeal candidate?
No — 54 Palmer St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography