NOT LISTED FOR SALE

46-48 Chestnut St Stoneham, MA 02180

Nobility Hill Neighborhood

Estimated Value: $820,000 - $969,000

5 Beds
2 Baths
2,522 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $863,000 $342 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,573/month

5 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 2 Car Garage
  • Screened Porch

About This Home

As of October 2022

Welcome 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

Last Buyer's Agent

Jean Cullinane

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,520

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1925
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2522
  • Stories Total: 3
  • MAIN LO: AN5805
  • LIST PRICE PER Sq Ft: 317.17
  • PRICE PER Sq Ft: 342.19
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Rain Gutters, Unit 1 Balcony/Deck
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Screened
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public
  • HEAT UNITS: 2

Lot Info

  • Parcel Number: M:18 B:000 L:519,772411
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6382
  • Lot Size Units: Acres
  • PAGE: 78
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6520
  • Tax Book Number: 26821

Multi Family

  • Gross Income: 24000
  • Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2013
Sold by
Kross Mark H and Wilde Lorin F
Bought by
Wilde Lorin F
Current Estimated Value
$888,446
Source: Public Records

Similar Homes in Stoneham, MA

  • 72 Wright St, Stoneham, MA 02180

    $799,900

    • 5 Beds
    • 3.5 Baths
    • 2,028 Sq Ft
    • 72 Wright St
    • Stoneham, MA

    Whether you're an investor looking to expand your portfolio or an entrepreneur seeking the perfect live-work setup, this is a golden opportunity to revitalize, reimagine, and reap the rewards of this property. The first floor features a flexible commercial space ideal for a real estate office, mortgage lender, boutique retail, nail or hair salon, or professional services. Upstairs, studio rental

    Dan O'Connell LAER Realty Partners

    Section Image
  • 121 Franklin St, Stoneham, MA 02180

    $739,000

    • 3 Beds
    • 2 Baths
    • 1,522 Sq Ft
    • 121 Franklin St
    • Stoneham, MA

    This amazing opportunity does not always come up- Must see turnkey Two Family home in Stoneham! Separate utilities, Private Backyard and Off-street parking available. Close to high school, town center, restaurants, bus, theater, shopping, and 1.2 miles to Melrose train stop. Don't miss the opportunity to put your touches on this great home.

    jeff beaubrun Southpaw Residential

    Section Image
  • 6-8 South St, Stoneham, MA 02180

    $849,900

    • 7 Beds
    • 2 Baths
    • 2,476 Sq Ft
    • 6-8 South St
    • Stoneham, MA

    This spacious 2-family home offers incredible potential for renovation and customization. With 7 bedrooms and ample living space, this property is perfect for investors, multi-generational families, or those looking to put their personal touch on a home in a highly convenient location.Situated in Stoneham, you'll enjoy easy access to local amenities, schools, and major highways, making commuting

    Gianni De Palma GDP Real Estate Group, LLC

    Section Image
See All Homes in Stoneham

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilde Lorin F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Nilesh K $646,000
Previous Owner Wilde Lorin F $25,000
Previous Owner Kross Mark H $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $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

  • M

    Seller's Agent in 2022

    Michael Stuart

    Amicone & Associates

    (978) 998-2867

    1 in this area

    7 Total Sales

    Michael Stuart
    Section Image

  • J

    Buyer's Agent in 2022

    Jean Cullinane

    Lamacchia Realty, Inc.

    1 in this area

    49 Total Sales

    Jean Cullinane
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73036526

MLS Property Information Network (MLS PIN)

APN: STON-000018-000000-000519

Massachusetts Middlesex County Stoneham 02180 Nobility Hill

46-48 Chestnut St, Stoneham, MA

This home is located at 46-48 Chestnut St, Stoneham, MA 02180 since 14 September 2022 and is currently estimated at $888,446, approximately $352 per square foot. This property was built in 1925. 46-48 Chestnut St is a home located in Middlesex County with nearby schools including Stoneham High School, St. Patrick Elementary School, and Greater Boston Academy.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes