
1036-1038 Chestnut St Newton, MA 02464
Newton Upper Falls NeighborhoodEstimated Value: $1,176,000 - $1,249,000
Highlights
- Deck
- Jogging Path
- Shops
- Angier Elementary School Rated A+
- Cooling Available
- 4-minute walk to Hemlock Gorge Reservation
About This Home
As of December 2022PRICE REDUCTION! INVESTMENT/POTENTIAL DEVELOPMENT OPPORTUNITY! Side by side, 2-family, located in Historic Newton Upper Falls. Each unit has its own driveway, separate entrance, 2 Bedrooms and 1 bath, separate laundry. Large shared deck and generous fenced-in yard. Unit 2 is unoccupied. Unit 1, with numerous updates, including paint and floors, is currently rented to a long term, month to month tenant who would like to stay, but unit can also be delivered vacant. Close to Echo Bridge with walking trails along the Charles River, all the shopping that Needham Street has to offer, Route 9 and 128, within minutes to Boston.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,672
Year Built
- Built in 1830
Lot Details
- 8,470 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,678 Sq Ft Home
- Property has 2 Levels
- Washer
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Stone Driveway
- Paved Parking
- Open Parking
Outdoor Features
- Bulkhead
- Deck
Schools
- Angier/Zervas Elementary School
- Brown Middle School
- Newton South High School
Utilities
- Cooling Available
- Heating Available
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,795
- Rent includes unit 1(water)
- Assessor Parcel Number S:51 B:007 L:0008,693374
Community Details
Recreation
- Jogging Path
Additional Features
- 2 Units
- Shops
- Net Operating Income $21,540
Ownership History
Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Webber Joan E | -- | -- | |
Webber Joan E | -- | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Zhao Lei | $620,000 | |
Closed | Zhao Lei | $620,000 | |
Closed | Dpc Properties Llc | $550,000 | |
Open | Dpc Properties Llc | $1,150,000 | |
Previous Owner | Goodwin Joan E | $200,000 | |
Previous Owner | Goodwin Joan E | $50,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/07/2022 12/07/22 | Sold | $732,000 | -2.3% | $436 / Sq Ft |
10/22/2022 10/22/22 | Pending | -- | -- | -- |
10/13/2022 10/13/22 | Price Changed | $749,000 | -6.3% | $446 / Sq Ft |
09/28/2022 09/28/22 | For Sale | $799,000 | -- | $476 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $10,801 | $1,102,100 | $665,600 | $436,500 |
2024 | $7,305 | $748,500 | $646,200 | $102,300 |
2023 | $6,972 | $684,900 | $522,100 | $162,800 |
2022 | $6,672 | $634,200 | $483,400 | $150,800 |
2021 | $6,260 | $581,800 | $443,500 | $138,300 |
2020 | $6,074 | $581,800 | $443,500 | $138,300 |
2019 | $5,682 | $543,700 | $414,500 | $129,200 |
2018 | $5,584 | $516,100 | $388,300 | $127,800 |
2017 | $5,265 | $473,500 | $356,200 | $117,300 |
2016 | $4,943 | $434,400 | $326,800 | $107,600 |
2015 | $4,714 | $406,000 | $305,400 | $100,600 |
Agents Affiliated with this Home
-
Seller's Agent in 2022
The Drucker Group
Compass
(202) 957-5546
1 in this area
81 Total Sales
-
Buyer's Agent in 2022
Craig Brody
Douglas Elliman Real Estate - Park Plaza
(617) 519-1480
2 in this area
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73041937

APN: NEWT-000051-000007-000008
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