NOT LISTED FOR SALE

3 Chestnut St Dudley, MA 01571

Estimated Value: $306,000 - $390,000

6 Beds
2 Baths
2,059 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $240,000 $117 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,830/month

3 Days on Market

About This Home

As of November 2023

Highest and best due Monday, October 2nd at 5PM! Great opportunity to own this Multi-Family Investment Corner Lot in a residential neighborhood in desirable Dudley. Both units are well-cared for by current tenants. Unit 1 is tenant occupied, well-cared for, and features lots of natural sunlight, updated kitchen cabinets, some newer floors, fresh paint, and hardwood floors in the master bedroom with exterior access. Unit 2 is tenant occupied and very well maintained, and features a huge kitchen and dining room combo, living room, bedroom plus 3 bonus rooms on the third floor being used as bedrooms. Both units have separate laundry connections and electric-100 amps. Nice size backyard and ample parking w/possible room for expansion, storage for each unit including a full walkout basement. This is a tremendous investment opportunity for investors wanting additional income without the hassle of finding tenants. Schedule a showing today and earn instant cash flow!

Last Agent to Sell the Property

Albert Surabian

Keller Williams Pinnacle Central Listed on: 09/27/2023

Keller Williams Pinnacle Central

Last Buyer's Agent

Noeci Rocha

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 1930

Lot Details

  • 6,600 Sq Ft Lot
  • Corner Lot
  • Cleared Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,059 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Community Details

  • 2 Units
  • Net Operating Income $25,200

Listing and Financial Details

  • Total Actual Rent $2,100
  • Rent includes unit 1(heat water other (see remarks)), unit 2(heat water other (see remarks))
  • Assessor Parcel Number M:111 L:061,3837944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,143

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2059
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4866
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Oil), Unit 2(Oil)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Water,Other (See Remarks)), Unit 2(Heat,Water,Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:111 L:061,3837944
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6600
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2143

Multi Family

  • Net Operating Income: 25200
  • Number Of Units Total: 2
  • Total Actual Rent: 2100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 29, 2023
Sold by
Thibodeau Paul
Bought by
Piazzarollo David D
Seller's Agent
Albert Surabian
Keller Williams Pinnacle Central
Buyer's Agent
Noeci Rocha
Coldwell Banker Realty - Worcester
List Price
$215,000
Sold Price
$240,000
Premium/Discount to List
$25,000
11.63%
Views
83
Current Estimated Value
$352,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,156
Avg. Annual Appreciation
19.42%
Original Mortgage
$180,000
Outstanding Balance
$176,486
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$175,670

Purchase Details

Listed on
Dec 9, 2011
Closed on
Mar 29, 2012
Sold by
Irene V Augustyn Ft and Lebeau
Bought by
Thibodeau Paul
Seller's Agent
Conrad Allen
RE/MAX Prof Associates
Buyer's Agent
Shawn Towle
ERA Key Realty Services
List Price
$129,900
Sold Price
$112,500
Premium/Discount to List
-$17,400
-13.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$88,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
Augustyn Irene V
Bought by
Irene V Augustyn Ft and Seavey

Purchase Details

Closed on
Oct 31, 2006
Sold by
Bryl Joseph J
Bought by
Augustyn Irene and Lebeau Jacqueline
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Piazzarollo David D $240,000 None Available
Thibodeau Paul $112,500 --
Thibodeau Paul $112,500 --
Irene V Augustyn Ft -- --
Irene V Augustyn Ft -- --
Augustyn Irene -- --
Augustyn Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piazzarollo David D $180,000
Previous Owner Thibodeau Paul $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2023 11/29/23 Sold $240,000 +11.6% $117 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $215,000 +91.1% $104 / Sq Ft
03/29/2012 03/29/12 Sold $112,500 -13.4% $40 / Sq Ft View Prior Sale
02/28/2012 02/28/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $129,900 -- $46 / 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 $25 $234,300 $63,900 $170,400
2024 $2,342 $223,500 $60,500 $163,000
2023 $2,143 $210,900 $55,900 $155,000
2022 $2,124 $181,500 $49,000 $132,500
2021 $1,905 $154,900 $45,600 $109,300
2020 $1,804 $138,100 $42,200 $95,900
2019 $1,864 $138,100 $42,200 $95,900
2018 $1,592 $135,700 $42,200 $93,500
2017 $1,547 $129,600 $42,200 $87,400
2016 $1,370 $112,500 $40,200 $72,300
2015 $1,350 $110,100 $37,800 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73164246

MLS Property Information Network (MLS PIN)

APN: DUDL-000111-000000-000061