M
Seller's Agent in 2022
Michael Stuart
Amicone & Associates
46-48 Chestnut St Stoneham, MA 02180
Nobility Hill NeighborhoodEstimated Value: $803,000 - $953,000
5
Beds
2
Baths
2,522
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Laundry Room
- 2 Car Garage
- Screened Porch
About This Home
As of October 2022Welcome to 46-48 Chestnut St! This large multi family in Stoneham Historic District, offers a great opportunity to transform this lovingly maintained 2 unit house into a family home with supplemental income or a chance to become an investor in todays high demand rental market. The main unit on the second floor has three generous sized bedrooms and one bath. Hardwood floors, updated kitchen, formal dining room that opens right into the living room, perfect for entertaining. The two bedroom, one bath, first floor unit offers a similar layout including a cozy office/sunroom with with French doors. Both units have access to their own large porch with privacy provided by the wooded backyard. With a large unfinished attic, huge walkout basement and two car garage, this multifamily is not short on space! Located off Montvale Ave and easy access to 93, this is a must see! OPEN HOUSE SATURDAY 9/17 from 10-12pm/ SUNDAY 9/18 from 11-1pm
Last Agent to Sell the Property
Michael Stuart
Amicone & Associates Listed on: 09/14/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,520
Year Built
- Built in 1925
Lot Details
- 6,382
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Block Foundation
Interior Spaces
- 2,522 Sq Ft Home
- Property has 1 Level
- Screened Porch
- Wood Flooring
- Laundry Room
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Utilities
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Rain Gutters
- 6,382 Sq Ft Lot
Community Details
- 2 Units
- Net Operating Income $24,000
Listing and Financial Details
- Total Actual Rent $2,000
- Assessor Parcel Number M:18 B:000 L:519,772411
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2022
Closed on
Oct 27, 2022
Sold by
Wilde Lorin F
Bought by
Patel Nilesh K and Patel Tushar
Seller's Agent
Michael Stuart
Amicone & Associates
Buyer's Agent
Jean Cullinane
Lamacchia Realty, Inc.
List Price
$799,900
Sold Price
$863,000
Premium/Discount to List
$63,100
7.89%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,968
Avg. Annual Appreciation
0.59%
Original Mortgage
$646,000
Outstanding Balance
$620,792
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,176
Purchase Details
Closed on
Jul 3, 2013
Sold by
Kross Mark H and Wilde Lorin F
Bought by
Wilde Lorin F
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Nilesh K | $863,000 | None Available | |
| Wilde Lorin F | -- | -- | |
| Wilde Lorin F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Nilesh K | $646,000 | |
| Previous Owner | Wilde Lorin F | $153,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2022 10/27/22 | Sold | $863,000 | +7.9% | $342 / Sq Ft |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | For Sale | $799,900 | -- | $317 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,488 | $732,000 | $345,600 | $386,400 |
| 2024 | $7,467 | $705,100 | $318,300 | $386,800 |
| 2023 | $7,345 | $661,700 | $291,100 | $370,600 |
| 2022 | $6,520 | $626,300 | $263,800 | $362,500 |
| 2021 | $6,581 | $608,200 | $245,600 | $362,600 |
| 2020 | $6,239 | $578,200 | $231,800 | $346,400 |
| 2019 | $5,888 | $524,800 | $222,600 | $302,200 |
| 2018 | $5,623 | $480,200 | $196,100 | $284,100 |
| 2017 | $5,267 | $425,100 | $179,600 | $245,500 |
| 2016 | $5,070 | $399,200 | $179,600 | $219,600 |
| 2015 | $4,787 | $369,400 | $162,500 | $206,900 |
| 2014 | $4,372 | $324,100 | $136,800 | $187,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jean Cullinane
J
Buyer's Agent in 2022
Jean Cullinane
Lamacchia Realty, Inc.
1 in this area
41 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73036526
APN: STON-000018-000000-000519
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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