NOT LISTED FOR SALE

24 Chestnut St Spencer, MA 01562

Estimated Value: $329,809 - $436,000

5 Beds
3 Baths
2,503 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $265,000 $106 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,175/month

5 Days on Market

About This Home

As of December 2021

Investment Opportunity! Three family unit. Utilities are separated, electric, heat, and yes, there is also a "landlord meter". This property has low maintenance costs due to its smaller yard and off street parking. Close to town center and amenities. This is a cash flow property 10 miles outside of Worcester. Build your portfolio.

Last Agent to Sell the Property

Khuong Huynh

Keller Williams Pinnacle Central License #453013817 Listed on: 11/16/2021

Last Buyer's Agent

Marissa Keach

Coldwell Banker Realty - Easton

Coldwell Banker Realty - Easton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37

Year Built

  • 1860

Lot Details

  • 3,485

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37

Year Built

1860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: use gps
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1860

Interior Features

  • Total Bathrooms: 3
  • MAIN LO: K95491
  • LIST PRICE PER Sq Ft: 111.83
  • PRICE PER Sq Ft: 105.87
  • MAIN SO: AN6181
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Stories: 6

Exterior Features

  • Foundation Details: Other
  • Disclosures: Updated Photos Coming Soon.
  • Lot Features: Gentle Sloping
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 3475
  • PAGE: 76
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3484.8
  • Zoning: TC

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 29400
  • Property Net Operating Income: 29400
  • Number Of Units Total: 3
  • Total Actual Rent: 2450

Tax Info

  • Tax Annual Amount: 2628
  • Tax Book Number: 58394
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Rbk Properties Llc
Bought by
Hilltop Prop Group Llc
Current Estimated Value
$407,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,846,500
Outstanding Balance
$1,754,328
Interest Rate
5.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$1,346,376

Purchase Details

Closed on
Jun 24, 2021
Sold by
Tang Huy
Bought by
Rbk Properties Llc

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 1, 2018
Sold by
Rea Terkanian Brothers
Bought by
Tang Huy
Seller's Agent
Matthew Terkanian
Michael Toomey & Associates, Inc.
Buyer's Agent
The Pouliot Team
Coldwell Banker Realty - Worcester
List Price
$199,900
Sold Price
$193,900
Premium/Discount to List
-$6,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$145,425
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Terkanian Joshua T and Terkanian Matthew B
Bought by
Terkanian Brothers Llc

Purchase Details

Closed on
Oct 29, 2002
Sold by
Bracewell Steven C
Bought by
Terkanian Joshua J and Terkanian Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Witt Roger
Bought by
Bracewell Steven C

Purchase Details

Closed on
Sep 26, 1996
Sold by
Spencer Sb
Bought by
Witt Roger S

Purchase Details

Closed on
Jun 4, 1991
Sold by
Morgan William L and Morgan Frank A
Bought by
Kiley Kevin P and Kiley Nancy D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hilltop Prop Group Llc -- None Available
Rbk Properties Llc $265,000 None Available
Tang Huy $193,900 --
Terkanian Brothers Llc -- --
Terkanian Joshua J $112,000 --
Terkanian Joshua J $112,000 --
Bracewell Steven C $82,000 --
Bracewell Steven C $82,000 --
Witt Roger S $42,000 --
Witt Roger S $42,000 --
Kiley Kevin P $36,000 --
Kiley Kevin P $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilltop Prop Group Llc $1,846,500
Previous Owner Tang Huy $145,425
Previous Owner Kiley Kevin P $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $265,000 -5.3% $106 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $279,900 +44.4% $112 / Sq Ft
01/31/2018 01/31/18 Sold $193,900 -3.0% $80 / Sq Ft View Prior Sale
01/05/2018 01/05/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $199,900 +3.1% $83 / Sq Ft
12/20/2017 12/20/17 Off Market $193,900 -- --
11/28/2017 11/28/17 Price Changed $199,900 -4.4% $83 / Sq Ft
11/20/2017 11/20/17 Price Changed $209,000 -4.6% $87 / Sq Ft
11/02/2017 11/02/17 For Sale $219,000 -- $91 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $37 $313,800 $24,500 $289,300
2024 $3,298 $288,300 $24,500 $263,800
2023 $3,126 $259,200 $24,500 $234,700
2022 $2,677 $203,400 $22,300 $181,100
2021 $2,628 $187,200 $22,300 $164,900
2020 $2,324 $164,600 $22,300 $142,300
2019 $2,182 $157,400 $20,100 $137,300
2018 $1,937 $144,300 $26,800 $117,500
2017 $1,991 $142,400 $25,500 $116,900
2016 $1,769 $123,800 $25,500 $98,300
2015 $1,833 $134,100 $32,300 $101,800
2014 $1,763 $134,100 $32,300 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72920345

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000017