NOT LISTED FOR SALE

15 Chestnut St Rochester, NH 03867

Estimated Value: $277,000 - $378,000

4 Beds
2 Baths
2,202 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $180,000 $82 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,256/month

35 Days on Market

About This Home

As of September 2021

15 Chestnut St. has great potential for an investment property. The house has proven to have a strong rental history for many years. This multi-family, located within walking distance to downtown, consists of an upstairs 2 bed 1 bath unit and a downstairs 2 bed 1 bath unit with a partially finished basement. The partially finished basement allows for added space that can be utilized for many different purposes. Each unit has an outdoor back porch area that allows for relaxing time in the totally fenced in and secluded backyard. If you are looking to increase your portfolio or are just looking to starting your journey as a landlord, you need not look any further.

Last Agent to Sell the Property

Mike McKenney

New Space Real Estate, LLC License #072488 Listed on: 07/29/2021

Last Buyer's Agent

Mike McKenney

New Space Real Estate, LLC License #072488 Listed on: 07/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1911

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Brick Foundation
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 2.5-Story Property

Partially Finished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • Dirt Driveway
  • Paved Parking

Schools

  • William Allen Elementary School
  • Rochester Middle School
  • Spaulding High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available at Street
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 0103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,558

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: 202 A to River St. Turn Right on Chestnut. House on Right. Sign on Property
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 81.74
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4186
  • Sq Ft - Apx Total Finished: 2202
  • Year Built: 1911
  • Remarks Public: 15 Chestnut St. has great potential for an investment property. The house has proven to have a strong rental history for many years. This multi-family, located within walking distance to downtown, consists of an upstairs 2 bed 1 bath unit and a downstairs 2 bed 1 bath unit with a partially finished basement. The partially finished basement allows for added space that can be utilized for many different purposes. Each unit has an outdoor back porch area that allows for relaxing time in the totally fenced in and secluded backyard. If you are looking to increase your portfolio or are just looking to starting your journey as a landlord, you need not look any further.
  • List Agent: 281386
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partially Finished, Stairs - Interior, Interior Access
  • Sq Ft - Apx Finished AG: 2202
  • Sq Ft - Apx Unfinished AG: 940
  • Sq Ft - Apx Unfinished BG: 1044

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Paved
  • Exterior: Asbestos
  • Foundation: Brick, Concrete, Fieldstone, Poured Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Utilities: Gas - At Street

Schools

  • School District: Rochester School District
  • Elementary School: William Allen School
  • Middle School: Rochester Middle School
  • High School: Spaulding High School
  • Elementary School: William Allen School
  • High School: Spaulding High School

Lot Info

  • Map: 0121
  • Lot: 0000
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 4807
  • Deed Page: 269
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4558
  • Tax Year: 2021

MLS Schools

  • School District: Rochester School District
  • School Middle Jr: Rochester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 1980
Bought by
Lachance Jerome J and Lachance Deborah A
Current Estimated Value
$339,650
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lachance Jerome J $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lachance 2Nd Jerome J $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $180,000 -18.2% $82 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/16/2021 08/16/21 Price Changed $220,000 -10.2% $100 / Sq Ft
08/07/2021 08/07/21 Price Changed $244,900 -5.8% $111 / Sq Ft
07/29/2021 07/29/21 For Sale $259,900 -- $118 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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
2024 $4,751 $319,900 $84,700 $235,200
2023 $4,409 $171,300 $39,700 $131,600
2022 $4,330 $171,300 $39,700 $131,600
2021 $4,223 $171,300 $39,700 $131,600
2020 $4,558 $185,200 $39,700 $145,500
2019 $4,611 $185,200 $39,700 $145,500
2018 $3,878 $137,800 $35,300 $102,500
2017 $3,628 $137,800 $35,300 $102,500
2016 $3,128 $110,700 $35,300 $75,400
2015 $3,116 $110,700 $35,300 $75,400
2014 $3,041 $110,700 $35,300 $75,400
2013 $3,258 $123,600 $48,500 $75,100
2012 $3,174 $123,600 $48,500 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4875014

PrimeMLS

APN: RCHE-000121-000103