NOT LISTED FOR SALE

Estimated Value: $870,000 - $1,012,000

6 Beds
3 Baths
2,672 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $919,000 $344 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,920/month

85 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • 2 Car Garage
  • Wood Flooring
  • Park
  • 5-minute walk to Cook Street Park

About This Home

As of July 2024

Welcome to 475 Chestnut Street. This charming, three-family property offers comfort and convenience in an ideal location. Inside, you'll find classic hardwood floors throughout and a spacious 12 rooms — including 6 bedrooms and 3 baths. Outside, a newly paved driveway and 2-car garage with space for 6+ additional vehicles, ensures ample parking and storage. This property offers separate utilities in each unit, making it the perfect opportunity for additional rental income. Situated near schools, supermarkets, and public transportation — this property is a find. Don't miss out on this opportunity, schedule a showing today!

Last Agent to Sell the Property

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team Listed on: 04/24/2024

Douglas Elliman Real Estate - The Sarkis Team

Co-Listed By

Richard Peterson

Douglas Elliman Real Estate - The Sarkis Team

Last Buyer's Agent

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team Listed on: 04/24/2024

Douglas Elliman Real Estate - The Sarkis Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,472

Year Built

  • Built in 1910

Lot Details

  • 4,536 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,672 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,200
  • Rent includes unit 1(water), unit 2(water), unit 3(hot water)
  • Assessor Parcel Number M:085 B:486 L:014,1999161

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park
  • Bike Trail

Building Details

  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,472

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 0
  • 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: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2672
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4282
  • LIST PRICE PER Sq Ft: 328.97
  • PRICE PER Sq Ft: 343.94
  • MAIN SO: AN4282

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: 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: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Bike Path, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:085 B:486 L:014,1999161
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4536
  • Lot Size Units: Acres
  • PAGE: 552
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8472
  • Tax Book Number: 35151

Multi Family

  • Gross Income: 26400
  • Net Operating Income: 26400
  • Number Of Units Total: 3
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 5, 2016
Sold by
Gomez Delvin L
Bought by
Barrios-Angel Jose L and Ovalle-Barrios Yoni W
Seller's Agent
Carol Curley
Century 21 North East
Buyer's Agent
Bob Ciccarelli
Ciccarelli Homes
List Price
$459,900
Sold Price
$459,900
Current Estimated Value
$939,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,295
Avg. Annual Appreciation
8.30%
Original Mortgage
$451,569
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2011
Sold by
Robten Realty Llc
Bought by
Gomez Delvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,521
Interest Rate
4.51%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2011
Sold by
Holder Rose M Est and Healey
Bought by
Robten Realty Llc
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
Barrios-Angel Jose L $459,900 --
Gomez Delvin L $295,000 --
Gomez Delvin L $295,000 --
Robten Realty Llc $130,000 --
Robten Realty Llc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gautam Nabin $734,200
Closed Gautam Nabin $734,200
Closed Barrios $431,500
Closed Barrios-Angel Jose L $451,569
Previous Owner Robten Realty Llc $287,521
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $919,000 +4.6% $344 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $879,000 0.0% $329 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $879,000 +91.1% $329 / Sq Ft
08/05/2016 08/05/16 Sold $459,900 0.0% $172 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $459,900 -- $172 / 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 $8,611 $831,200 $199,400 $631,800
2024 $8,472 $804,600 $180,000 $624,600
2023 $8,239 $738,900 $180,000 $558,900
2022 $8,060 $648,400 $147,200 $501,200
2021 $7,710 $591,700 $134,300 $457,400
2020 $7,055 $526,500 $104,900 $421,600
2019 $6,938 $485,200 $102,300 $382,900
2018 $6,449 $425,700 $98,900 $326,800
2017 $5,955 $381,700 $76,800 $304,900
2016 $5,472 $338,200 $64,800 $273,400
2015 $5,105 $304,800 $69,500 $235,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73227988

MLS Property Information Network (MLS PIN)

APN: LYNN-000085-000486-000014