53 Chestnut St Spencer, MA 01562
Property details
About 53 Chestnut St
15 residential units: (8)1br, (1)2br (6)boarding rooms; Additional commerical 1200 sft of retail/restaurant space on ground floor. Total new face and bone: Installed a strong customized roof brand new siding in July 2014; New professional restoration and fixation of the foundation and structures (Pls refer to the attached engineer documents for details). ~380k spent on the works. Just needs works to finish all the internal partitions and rehabs. But It is worth of the money and efforts. Sell AS-IS, buyer to perform own due diligence. Reduced price for quick sale, owner ran out of money to complete this project.
Highlights
Summary
- Partial Bathrooms: 9
- Full Bathrooms: 9
- Basement: Yes
- Total Bedroom Count: 9
- List Price: $395,000
- Price/SqFt: $57
- Annual Tax Amount: $1,905
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Rt 9 to Elm St, turn left to Chestnut St
- Year Built: 1860
- Stories: 4
- Living Area: 6,912 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 73362674
- MLS Name: MLS Property Information Network
- Office Name: Boston Elite Realty Group
- Office Phone: (617) 388-1715
- Listing Agent: John Zhang
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$395,000
53 Chestnut St
$4,691
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 31, 2012 | Home Sold | $41,000 |
| Jun 20, 2001 | Home Sold | $110,000 |
| Nov 14, 1997 | Home Sold | $96,000 |
| Aug 20, 1997 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $166,500 | $1,905 |
| 2023 | $152,200 | $1,836 |
| 2022 | $142,000 | $1,869 |
| 2021 | $142,000 | $1,994 |
| 2020 | $143,800 | $2,030 |
| 2019 | $143,800 | $1,993 |
History based on county public records data.
Nearby schools
2
Wire Village School
Public District KG-4
1.6 mi
•60 Paxton Rd
3
Leicester Elementary School
Public District KG-4
4.6 mi
•170 Paxton St
4
North Brookfield Elementary School
Public District PK-6
5.0 mi
•10 High School Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,405. Residents of Spencer, MA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
College Football
Where do the neighbors shop?
Family Dollar
Kmart
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Sonic
What do the neighbors drive?
Ford
Buick
Kia
What do the neighbors listen to?
New Country
Oldies
Country
This home is located at 53 Chestnut St in Spencer, MA and zip code 01562. This 6,912 square foot home, which was built in 1860, sits on a 0.06 acre lot. Features: 9 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $395,000.
Over 4 listings were sold over their listed price in March 2025 in Spencer, MA. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Spencer, MA between February and March 2025 increased by 90%. The median list price of listings available in March 2025 was $427,500, while the average time on the real estate market was 52 days.