NOT LISTED FOR SALE

43 Chestnut St Spencer, MA 01562

Estimated Value: $420,000 - $451,000

5 Beds
2 Baths
2,400 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $304,500 $127 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,319/month

11 Days on Market

About This Home

As of March 2021

Beautifully renovated two family home in the downtown area. Owner motivated to sell, priced for a quick sale. This is a unique two family home with new wiring, plumbing & windows. 2nd floor renovated and ready to move in. House to be sold as is with 1st floor under renovation and available for a handy person to finish the first floor at current list price. Owner will complete 1st floor renovations at a negotiated cost. Second floor apartment has new bathroom and kitchen with laminated floors and carpet in the bedrooms. Two large bedrooms (16' x 15' and 14' x 13') with good size closets. Gas space heater and electric baseboard heat on 2nd floor. New gas service installed with two new gas hot water heaters. First floor apartment has 3 bedrooms (16' x 15' and 16' x 12' and 10' x 10') and is very spacious with 16' x 12' family room, a 14' x 12' living room with fireplace, 16' x 12' kitchen with vaulted ceiling. The list price will increase as the first floor renovations continue.

Last Agent to Sell the Property

Robert Ceppi

Park Place Realty Enterprises Listed on: 12/26/2020

Last Buyer's Agent

Robert Ceppi

Park Place Realty Enterprises Listed on: 12/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47

Year Built

  • Built in 1857

Lot Details

  • 0.28

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Schools

  • David Prouty High School

Additional Features

  • Rain Gutters
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number U07-232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate, Renovated Since, Under Construction
  • List Price Per Sq Ft: 107.92
  • Comp Based On: Net Sale Price
  • Year Built: 1857
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1857

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Wall to Wall Carpet, Varies Per Unit, Laminate
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Partial, Crawl, Finished, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement, Exterior Access
  • Main Lo: K95633
  • Main So: K95633
  • Estimated Sq Ft: 2400.00

Exterior Features

  • Frontage: 83.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Public School

Schools

  • Elementary School: Wire Village
  • Middle School: Knox Trail
  • High School: David Prouty

Lot Info

  • Assessments: 98200.00
  • Lot: 232
  • Acre: 0.28
  • Lot Size: 12251.00
  • Page: 0288
  • Parcel Number: U07-232
  • Zoning: TC
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Insulated Doors

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 2500
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 1387.00
  • Assessor Parcel Number: 1692726
  • Tax Year: 2020

MLS Schools

  • Grade School: Wire Village
  • High School: David Prouty
  • Middle School: Knox Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Mar 17, 2021
Sold by
Jebola Properties Inc
Bought by
Barjolo Harrison D and Barjolo Ida D
Seller's Agent
Robert Ceppi
Park Place Realty Enterprises
Buyer's Agent
Robert Ceppi
Park Place Realty Enterprises
List Price
$259,000
Sold Price
$304,500
Premium/Discount to List
$45,500
17.57%
Current Estimated Value
$434,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,474
Avg. Annual Appreciation
8.15%
Original Mortgage
$298,984
Outstanding Balance
$268,018
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$166,956

Purchase Details

Closed on
Jan 31, 1994
Sold by
Fnma
Bought by
Bigwood Michael and Bigwood Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1993
Sold by
Speicher Malcolm M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 1990
Sold by
Robbins Wesley
Bought by
Speicker Malcolm
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
Barjolo Harrison D $304,500 None Available
Bigwood Michael $53,000 --
Federal National Mortgage Association $63,750 --
Speicker Malcolm $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barjolo Harrison D $298,984
Previous Owner Speicker Malcolm $115,362
Previous Owner Speicker Malcolm $83,999
Previous Owner Speicker Malcolm $50,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $304,500 +17.6% $127 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $259,000 -- $108 / 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 $47 $398,800 $29,400 $369,400
2024 $4,184 $365,700 $29,400 $336,300
2023 $3,952 $327,700 $29,400 $298,300
2022 $3,970 $301,700 $26,700 $275,000
2021 $1,756 $125,100 $26,700 $98,400
2020 $1,387 $98,200 $26,700 $71,500
2019 $1,281 $92,400 $23,100 $69,300
2018 $1,142 $85,100 $32,100 $53,000
2017 $1,198 $85,700 $30,600 $55,100
2016 $1,076 $75,300 $30,600 $44,700
2015 $1,103 $80,700 $35,100 $45,600
2014 $1,061 $80,700 $35,100 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72769214

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000232