NOT LISTED FOR SALE

2 Chestnut Way Lee, NH 03861

Estimated Value: $711,000 - $786,000

3 Beds
2.5 Baths
2,189 Sq Ft
$337/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $495,000 $226 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,149/month

2 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Mast Way School Rated A-
  • Wooded Lot
  • Corner Lot

About This Home

As of November 2020

Don't miss this perfect opportunity to own the the only home for sale in Chestnut Farms. Set back at the beginning of the neighborhood this generous 3 bedroom, 3 bath, Bungalow could be your new home just in time for the Holidays. Hardwood floors, granite countertops, stainless steel appliances, spacious farmer's porch perfect for a porch swing, new Trex deck, almost a 2 acre corner lot, expansive finished family room and laundry on the second floor, wired for generator, 37 acres of conservation land to explore that runs with the neighborhood, all this and the this home is only 4 years old. Located not far off Calef Hwy, it is a great location for work and leisure.

Last Listed By

Jessica Marshall

EXP Realty License #070659 Listed on: 10/23/2020

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,622

Year Built

  • Built in 2016

Lot Details

  • 1.99 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot
  • Irrigation
  • Wooded Lot
  • Garden

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Bungalow
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Blinds
  • Open Floorplan
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Moharimet Elementary School
  • Oyster River Middle School
  • Oyster River High School

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • 200+ Amp Service
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 000100 / 000007

Community Details

Overview

  • Chestnut Farms Subdivision

Recreation

  • Hiking Trails
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,622

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Bungalow, Contemporary
  • Development Subdivision: Chestnut Farms
  • Directions: Coming from Route 4 heading toward Lee traffic circle, take a right on Old Mill Rd. which will turn into Newtown Plains Rd. Turn right onto Hayes Rd. subdivision is on the right, first house on the right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 226.13
  • Property Type: Single Family
  • Year Built: 2016
  • Remarks Public: Don't miss this perfect opportunity to own the the only home for sale in Chestnut Farms. Set back at the beginning of the neighborhood this generous 3 bedroom, 3 bath, Bungalow could be your new home just in time for the Holidays. Hardwood floors, granite countertops, stainless steel appliances, spacious farmer's porch perfect for a porch swing, new Trex deck, almost a 2 acre corner lot, expansive finished family room and laundry on the second floor, wired for generator, 37 acres of conservation land to explore that runs with the neighborhood, all this and the this home is only 4 years old. Located not far off Calef Hwy, it is a great location for work and leisure.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range - Gas, Refrigerator, Washer
  • Equipment: Air Conditioner, Irrigation System, Smoke Detector
  • Features Interior: Blinds, Dining Area, Kitchen Island, Kitchen/Dining, Kitchen/Family, Kitchen/Living, Lighting - LED, Living/Dining, Master BR w/ BA, Natural Light, Walk-in Closet, Laundry - 2nd Floor
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Tile
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Daylight, Stairs - Interior, Storage Space, Unfinished, Stairs - Basement
  • Level 1: Level 1: Bath - 1/2, Level 1: Den, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Bonus Room, Level 2: Bath - Full, Level 2: Master Bedroom, Level 2: Master Bdm Suite
  • Room 1: Living Room, 20X15, On Level: 1
  • Room 2: Kitchen, 12X14, On Level: 1
  • Room 3: Dining Room, 11X14, On Level: 1
  • Room 4: Den, 6X5, On Level: 1
  • Room 5: 1, 5X4
  • Room 6: Master Bedroom, 16X14, On Level: 2
  • Room 7: MBR Suite, 7X10, On Level: 2
  • Room 8: Bedroom, 11X12, On Level: 2
  • Room 9: Bedroom, 11X12, On Level: 2
  • Room 10: 2, 6X10
  • Room 11: Bonus Room, 23X13, On Level: 2
  • Sq Ft - Apx Finished AG: 2189
  • Sq Ft - Apx Total: 3080
  • Sq Ft - Apx Total Finished: 2189
  • Sq Ft - Apx Unfinished BG: 891

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Poured Concrete
  • Roads: Cul-de-Sac, Paved
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Garden Space, Natural Shade, Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry

Utilities

  • Electric: 200 Amp
  • Sewer: Septic
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Air
  • Cooling: Central AC
  • Utilities: Internet - Cable

Schools

  • School District: Oyster River Cooperative
  • Elementary School: Moharimet School
  • Middle School: Oyster River Middle School
  • High School: Oyster River High School
  • Elementary School: Moharimet School
  • High School: Oyster River High School

Lot Info

  • Map: 00001
  • Lot: 000100
  • Lot Sq Ft: 86684
  • Lot Acres: 1.99
  • Lot Description: Corner, Landscaped, Level, Open, Subdivision, Trail/Near Trail, Walking Trails, Wooded
  • Zoning: RES
  • Deed Book: 4493
  • Deed Page: 682
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 10622
  • Tax Year: 2019

MLS Schools

  • School District: Oyster River Cooperative
  • School Middle Jr: Oyster River Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 5, 2020
Sold by
Matsuo Daniel T and Matsuo Margaret Y
Bought by
Magnusson Katie L
Seller's Agent
Jessica Marshall
EXP Realty
Buyer's Agent
Patrick Hourihane
Century 21 NE Group
List Price
$469,900
Sold Price
$495,000
Premium/Discount to List
$25,100
5.34%
Total Days on Market
2
Current Estimated Value
$738,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,022
Avg. Annual Appreciation
9.39%
Original Mortgage
$470,250
Outstanding Balance
$423,202
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$314,820

Purchase Details

Closed on
Jul 18, 2017
Sold by
Maple Heights Realty L
Bought by
Matsuo Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Magnusson Katie L $495,000 None Available
Matsuo Daniel T $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnusson Katie L $470,250
Previous Owner Matsuo Daniel T $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $495,000 +5.3% $226 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $469,900 -- $215 / 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
2023 $12,458 $527,200 $220,600 $306,600
2022 $11,451 $527,200 $220,600 $306,600
2021 $11,477 $527,200 $220,600 $306,600
2020 $10,746 $337,300 $110,700 $226,600
2019 $10,622 $337,300 $110,700 $226,600
2018 $10,250 $335,300 $110,700 $224,600
2017 $6,638 $221,700 $88,600 $133,100
2016 $2,393 $81,800 $81,800 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: PrimeMLS

MLS Number: 4835600

PrimeMLS

APN: LLEE-000001-000007-000100