NOT LISTED FOR SALE

89 Chestnut St Spencer, MA 01562

Estimated Value: $275,601 - $398,000

5 Beds
3 Baths
1,820 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $239,900 $132 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,916/month

25 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Outdoor Storage
  • Jogging Path
  • Property is near schools
  • Heating Available

About This Home

As of October 2022

Currently 3 units fully rented. City water and sewer. May require cash, rehab or construction loan. Great access to rt.9 and rt. 49. shopping and restaurants . To be sold as is. seller makes no warranties or representations. Buyer/ buyers agent to do their do diligence. Could be a great investment with a little work.

Last Agent to Sell the Property

Jim Lovett

Century 21 North East Listed on: 08/24/2022

Century 21 North East

Last Buyer's Agent

Shannon Beveridge

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Irregular Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,430
  • Rent includes unit 2(none), unit 3(none)
  • Assessor Parcel Number 1692873

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Jogging Path

Building Details

  • Net Operating Income $17,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,682

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1(Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial
  • Living Area: 1820
  • Stories Total: 6
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 137.31
  • PRICE PER Sq Ft: 131.81
  • MAIN SO: K95310

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Foundation Details: Stone, Irregular
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Gas,Other (See Remarks)), Unit 2(Gas,Other (See Remarks)), Unit 3(Gas,Other (See Remarks))
  • Cooling Y N: No
  • Electric: Fuses
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Walk/Jog Trails, Public School
  • Rent Includes: Unit 2(None), Unit 3(None)

Lot Info

  • Parcel Number: 1692873
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13523
  • Lot Size Units: Acres
  • PAGE: 77
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2682.01
  • Tax Book Number: 12731

Multi Family

  • Gross Income: 17160
  • Net Operating Income: 17160
  • Number Of Units Total: 3
  • Total Actual Rent: 1430
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 3: 1
  • FLRS 2: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Kenerson Clarence W and Kenerson Carol L
Bought by
Kenerson John M
Current Estimated Value
$343,400
Source: Public Records

Similar Home in Spencer, MA

  • 48 Pleasant St, Spencer, MA 01562

    $425,000

    • 4 Beds
    • 3 Baths
    • 3,296 Sq Ft
    • 48 Pleasant St
    • Spencer, MA

    Endless possibilities await in this fully renovated mixed-use multi-family property! Previously used as a dentist's office, the first floor offers a flexible layout ready for a new business or conversion into additional living space. Upstairs, a spacious 3-4 bedroom apartment provides comfortable living with plenty of natural light. This property has been completely updated with all-new plumbing,

    Lana Kopsala Coldwell Banker Realty - Leominster

    Section Image

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
Kenerson John M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $239,900 -4.0% $132 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $249,900 -- $137 / 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 $31 $265,800 $29,800 $236,000
2024 $2,803 $245,000 $29,800 $215,200
2023 $2,668 $221,200 $29,800 $191,400
2022 $2,682 $203,800 $27,100 $176,700
2021 $2,301 $163,900 $27,100 $136,800
2020 $2,189 $155,000 $27,100 $127,900
2019 $2,075 $149,700 $22,900 $126,800
2018 $1,894 $141,100 $32,500 $108,600
2017 $1,952 $139,600 $31,000 $108,600
2016 $1,865 $130,500 $31,000 $99,500
2015 $1,893 $138,500 $35,500 $103,000
2014 $1,821 $138,500 $35,500 $103,000
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: 73028825

MLS Property Information Network (MLS PIN)

APN: SPEN-000008U-000092