NOT LISTED FOR SALE

95 Chestnut St Spencer, MA 01562

Estimated Value: $366,315 - $500,000

4 Beds
2 Baths
2,124 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2023

Last sale price $339,000 $160 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,134 / mo

8 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Shops
  • Deck
  • Jogging Path
  • Heating Available

About This Home

As of December 2023

This multi-unit property is the perfect addition to your real estate portfolio, boasting a range of attractive features for potential buyers including Bosch heating systems, plumbing, electrical w/landlord meter, and 1st floor Kitchen & bath remodeled in 2018. Boost your ROI with the convenience of coin-operated washer and dryer units. Your tenants will appreciate the on-site laundry facilities, and you'll enjoy additional income streams from these amenities. Great opportunity for future appreciation. Large, private lot that borders Depot Rail Trail and easy access to Rt 9. Don't miss the chance to add this income-generating property to your investment portfolio & enjoy a hassle-free ownership experience!

Last Agent to Sell the Property

James Black

Real Broker MA, LLC Listed on: 10/11/2023

Real Broker MA, LLC

Co-Listed By

Norm Round

Real Broker MA, LLC

Last Buyer's Agent

Michael Kelleher

REMAX Executive Realty License #449596739

REMAX Executive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1890

Lot Details

  • 0.44

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,124 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Utilities

  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 110 Volts

Additional Features

  • Deck
  • 19,100 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $2,500
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:00U08 B:00095 L:00000,1692876

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Jogging Path

Building Details

  • Electric Expense $668
  • Insurance Expense $915
  • Water Sewer Expense $2,190
  • Operating Expense $3,377
  • Net Operating Income $26,623

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,958

Year Built

Built in 1890

Lot Details

0.44 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined)
  • Interior Amenities: Unit 1(Stone/Granite/Solid Counters,Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Refrigerator), Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 2124
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4866
  • MAIN SO: BB1175

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Electric: 110 Volts, Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, Other, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2190

Lot Info

  • Parcel Number: M:00U08 B:00095 L:00000,1692876
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19100
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2958

Multi Family

  • Electric Expense: 668
  • Insurance Expense: 915
  • Net Operating Income: 26623
  • Number Of Units Total: 2
  • Operating Expense: 3377
  • Total Actual Rent: 2500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Kelleher Michael
Bought by
Michelle Realty Llc
Current Estimated Value
$392,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2024
Sold by
Michelle Realty Llc
Bought by
Kelleher Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 9, 2024
Sold by
Kelleher Michael
Bought by
Michelle Realty Llc
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Michael Kelleher
REMAX Executive Realty
List Price
$339,000
Sold Price
$339,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$278,458
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 6, 2023
Sold by
Round Norman and Round Barbara A
Bought by
Kelleher Michael
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Michael Kelleher
REMAX Executive Realty
List Price
$339,000
Sold Price
$339,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,458
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2023
Sold by
Round Norman S
Bought by
Round Norman S and Round Barbara A

Purchase Details

Listed on
Oct 21, 2017
Closed on
Jun 19, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Round Norman
Seller's Agent
Christina Kelly
ALL CAPITAL REALTY, LLC
Buyer's Agent
Norm Round
Real Broker MA, LLC
List Price
$106,110
Sold Price
$97,500
Premium/Discount to List
-$8,610
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.03%
Original Mortgage
$109,768
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2017
Sold by
Ocwen Loan Servicing L
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
May 3, 2016
Sold by
Rockwood Michael E and Ocwen Loan Servicing L
Bought by
Ocwen Loan Servicing L

Purchase Details

Closed on
Oct 4, 2010
Sold by
Shorten Richard
Bought by
Rockwood Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,448
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Wall William and Wall Deborah A
Bought by
Shorten Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Michelle Realty Llc -- None Available
Michelle Realty Llc -- None Available
Kelleher Michael -- None Available
Kelleher Michael -- None Available
Michelle Realty Llc -- None Available
Michelle Realty Llc -- None Available
Kelleher Michael $339,000 None Available
Round Norman S -- None Available
Round Norman -- None Available
Round Norman $97,500 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Ocwen Loan Servicing L $169,200 --
Ocwen Loan Servicing L $169,200 --
Rockwood Michael -- --
Rockwell Michael $195,500 --
Rockwood Michael E -- --
Rockwood Michael E -- --
Rockwell Michael E $195,500 --
Shorten Richard $245,000 --
Shorten Richard B $245,000 --
Shorten Richard B $245,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Kelleher Michael $293,000
Previous Owner Kelleher Michael $278,458
Previous Owner Round Norman $109,768
Previous Owner Rockwell Michael E $189,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2023 12/06/23 Sold $339,000 0.0% $160 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $339,000 +247.7% $160 / Sq Ft
06/19/2018 06/19/18 Sold $97,500 -8.1% $47 / Sq Ft View Prior Sale
04/23/2018 04/23/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $106,110 0.0% $51 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/10/2018 01/10/18 Price Changed $106,110 -10.0% $51 / Sq Ft
12/05/2017 12/05/17 Price Changed $117,900 -10.0% $57 / Sq Ft
10/21/2017 10/21/17 For Sale $131,000 -- $63 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $35 $295,600 $32,200 $263,400
2024 $3,114 $272,200 $32,200 $240,000
2023 $2,958 $245,300 $32,200 $213,100
2022 $2,970 $225,700 $29,300 $196,400
2021 $2,533 $180,400 $29,300 $151,100
2020 $2,405 $170,300 $29,300 $141,000
2019 $2,018 $145,600 $26,100 $119,500
2018 $1,965 $146,400 $35,200 $111,200
2017 $2,023 $144,700 $33,500 $111,200
2016 $1,958 $137,000 $33,500 $103,500
2015 $1,947 $142,400 $37,300 $105,100
2014 $1,873 $142,400 $37,300 $105,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73168897

MLS Property Information Network (MLS PIN)

APN: SPEN-000008U-000095

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