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5 Chestnut Street

5 Chestnut Street, Woburn, MA 01801
Multifamily in Downtown Woburn
Sold Oct 07, 2014
$630,000
$460,125 by The Washington Savings Bank Fs
Mortgage Due Oct 07, 2044
Local assessors in Woburn, MA have categorized 5 Chestnut Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 5,700 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 18 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5 Chestnut Street has a total of 3,872 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Chestnut Street sold most recently in Jan 1, 1970 for a total of $630,000. If you work out the math, that's approximately a cost of $162.71 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,620 in taxes each year. 5 Chestnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $875,900. If we break it down further, the land itself was valued at $237,800. Improvements to the property, however, were assessed at a total of $638,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 1,604
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 3,872
  • Gross Building Area: 6,545
  • Building Area: 3,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,872
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.131
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 5 CHESTNUT ST LLC
  • Previous Owner : CAPOZZI JOSEPH
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Woburn School District
  • School Tax School District: WOBURN SD
  • Census Tract: 333502

Zoning

  • Zoning: R-2

Geography

  • Account Number: 206934654149 0
  • Parcel: WOBU M:43 B:04 L:09 U:00
  • Block: 4
  • Lot: 9
  • Municipality: WOBURN
  • Latitude: 42.4856
  • Longitude: -71.1529

    Address

  • Full Address: 5 Chestnut St
  • Address - House Number: 5
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Woburn
  • Carrier Code: C061
  • 4-Digit Zip Code: 7128
  • Zip Code: 01801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,620

    Appraisal Valuation

  • Standard Deviation: 0.2499
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 50
  • Final Value: 956,884
  • High Value: 1,196,053
  • Low Value: 717,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,125
  • First Open Lien Mortgage Lender: THE WASHINGTON SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Oct 07, 2014
  • First Open Lien Mortgage Loan Amount: $460,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 07, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $875,900
  • Assessed Land Value: $237,800
  • Assessed Improvements Value: $638,100

    Sales

  • Current Sale Recording Date: Oct 07, 2014
  • Current Sale Transaction ID: 1156708604
  • Current Sale Price: $630,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 153387

    Last Sale Mortgage

  • First Mortgage Lender: THE WASHINGTON SAVINGS BANK FS
  • First Mortgage Transaction Date: Oct 07, 2014
  • First Mortgage Loan Amount: $460,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Downtown Woburn



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Frequently Asked Questions

What neighborhood is 5 Chestnut Street located in?
The 5 Chestnut Street is a multifamily located in the neighborhood of Downtown Woburn in Downtown Woburn, Woburn.
What is the average sales price for listings in 5 Chestnut Street?
The average sales price for units in 5 Chestnut Street is $0 currently.

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