NOT LISTED FOR SALE

68 Chestnut St Unit 5 Newton, MA 02465

West Newton Neighborhood

Estimated Value: $849,000 - $1,165,401

2 Beds
1 Bath
1,011 Sq Ft
$947/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $612,500 $606 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,924/month

Highlights

  • Medical Services
  • Property is near public transit
  • No HOA
  • Peirce Elementary School Rated A+
  • Wood Flooring
  • Cooling Available

About This Home

As of December 2023

Brand new construction never occupied Newton Condominium for rent. Two bedroom & 1 bath with private entrance, storage, full size laundry in unit, assigned covered parking easily accessible and guest parking. Beautiful kitchen with stainless steel appliances & oversized island that seats four. Steps to West Newton Square, commuter rail & bus lines. A must see!

Last Agent to Rent the Property

Danny Zelada

Grover Group Realty LLC Listed on: 11/03/2023

Last Renter's Agent

Danny Zelada

Grover Group Realty LLC Listed on: 11/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,644

Year Built

  • Built in 2023

Lot Details

  • 0.3

Parking

  • 1 Car Parking Space

Home Design

  • Apartment

Interior Spaces

  • 1,011 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

  • Day Jr Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Security Deposit $3,700
  • Rent includes snow removal, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 686899

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,644

Year Built

Built in 2023

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3700

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 2023
  • Entry Level: 1
  • Year Built Details: Actual
  • Year Round: Yes
  • CoOp Comp: .50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Single Living Level
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood
  • Laundry Features: First Floor, In Unit
  • Living Area: 1011
  • Spa YN: No
  • MAIN LO: AN4334
  • LIST PRICE PER Sq Ft: 3.66
  • PRICE PER Sq Ft: 3.66
  • MAIN SO: AN4334

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Heat Pump, Unit Control
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access
  • Rent Includes: Snow Removal, Gardener
  • Senior Community YN: No
  • UNIT BUILDING: 5

Lot Info

  • Parcel Number: 686899
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: North High
  • Middle Or Junior School: Day Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Indrakanti Santoshi S
Bought by
Indrakanti T T and Indrakanti I
Total Days on Market
34
Current Estimated Value
$957,350

Purchase Details

Closed on
Mar 28, 2024
Sold by
68 Chestnut Newton Llc
Bought by
Kern Daniel and Kern Shiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2024
Sold by
68 Chestnut Newton Llc
Bought by
Indrakanti Santoshi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2024
Sold by
68 Chestnut Newton Llc
Bought by
Lade Connor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 19, 2023
Closed on
Sep 18, 2023
Sold by
68 Chestnut Newton Llc
Bought by
Schroeder James A and Schroeder Kyle J
Seller's Agent
Demeo Realty Group
Coldwell Banker Realty - Newton
Buyer's Agent
Demeo Realty Group
Coldwell Banker Realty - Newton
List Price
$625,000
Sold Price
$612,500
Premium/Discount to List
-$12,500
-2%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.05%
Original Mortgage
$500,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 19, 2023
Closed on
Sep 5, 2023
Sold by
68 Chestnut Newton Llc
Bought by
Cg Chestnut Llc
Seller's Agent
Demeo Realty Group
Coldwell Banker Realty - Newton
Buyer's Agent
Demeo Realty Group
Coldwell Banker Realty - Newton
List Price
$625,000
Sold Price
$612,500
Premium/Discount to List
-$12,500
-2%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2023
Sold by
68 Chestnut Newton Llc
Bought by
Malkasian Giana M and Malkasian Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2020
Sold by
Houston Braden and Bentley Jennifer
Bought by
68 Chestnut Newton Llc

Purchase Details

Closed on
Jun 27, 2008
Sold by
Nomura Asset Accept Mt and Jp Morgan Chase Bk
Bought by
Houston Braden and Bentley Jennifer

Purchase Details

Closed on
Mar 25, 2008
Sold by
Tan Martin T and Jp Morgan Chase Bank N
Bought by
Jp Morgan Chase Bank N
Source: Public Records

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
Indrakanti T T -- None Available
Indrakanti T T -- None Available
Indrakanti T T -- None Available
Kern Daniel $1,190,000 None Available
Kern Daniel $1,190,000 None Available
Kern Daniel $1,190,000 None Available
Indrakanti Santoshi S $1,080,000 None Available
Indrakanti Santoshi S $1,080,000 None Available
Indrakanti Santoshi S $1,080,000 None Available
Lade Connor $836,000 None Available
Lade Connor $836,000 None Available
Lade Connor $836,000 None Available
Schroeder James A $894,000 None Available
Schroeder James A $894,000 None Available
Schroeder James A $894,000 None Available
Cg Chestnut Llc $612,500 None Available
Cg Chestnut Llc $612,500 None Available
Cg Chestnut Llc $612,500 None Available
Malkasian Giana M $612,500 None Available
Malkasian Giana M $612,500 None Available
Malkasian Giana M $612,500 None Available
68 Chestnut Newton Llc -- None Available
68 Chestnut Newton Llc -- None Available
68 Chestnut Newton Llc -- None Available
Houston Braden $575,000 --
Houston Braden $575,000 --
Jp Morgan Chase Bank N $625,500 --
Jp Morgan Chase Bank N $625,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kern Daniel $952,000
Previous Owner Indrakanti Santoshi S $864,000
Previous Owner Lade Connor $796,000
Previous Owner Schroeder James A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Off Market $3,700 -- --
10/02/2024 10/02/24 For Rent $3,700 0.0% --
10/26/2023 10/26/23 Sold $612,500 -2.0% $780 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $625,000 -- $796 / 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 $7,644 $780,000 $0 $780,000
2024 $28,664 $2,936,900 $1,632,000 $1,304,900
2023 $11,359 $1,115,800 $565,000 $550,800
2022 $10,567 $1,004,500 $519,800 $484,700
2021 $10,588 $984,000 $497,200 $486,800
2020 $10,086 $966,100 $497,200 $468,900
2019 $9,568 $915,600 $452,000 $463,600
2018 $9,212 $851,400 $308,000 $543,400
2017 $8,607 $774,000 $308,000 $466,000
2016 $8,808 $774,000 $308,000 $466,000
2015 $8,986 $774,000 $308,000 $466,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73177348

MLS Property Information Network (MLS PIN)

APN: NEWT-000031-000004-000007