NOT LISTED FOR SALE

1-3 River St Palmer, MA 01069

Estimated Value: $269,191 - $411,000

5 Beds
2 Baths
2,928 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $105,000 $36 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $2,085/month

115 Days on Market

About This Home

As of May 2017

HUGE 2-family home has tons of potential and space. Great for owner occupied or investment. Home is situated in great location for commutes, schools and points of interest. Also has potential for division of property for building lot. Seller will negotiate on reasonable offers.

Last Agent to Sell the Property

Donato Team

RE/MAX Connections - Belchertown Listed on: 12/05/2016

Last Buyer's Agent

Donato Team

RE/MAX Connections - Belchertown Listed on: 12/05/2016

Property Details

Home Type

Multi-Family

Year Built

1874

Lot Details

0

Listing Details

  • Lot Description: Corner, Wooded, Paved Drive, Gentle Slope, Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1874

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Tennis Court, Walk/Jog Trails, Medical Facility, Laundromat, Public School
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Basement: Full, Interior Access, Dirt Floor
  • Total Levels: 4

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:80 B:69
  • Zoning: MF2

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 4
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
May 22, 2017
Sold by
Boulette John W
Bought by
Huynh Quang T and Chen Ling H
Seller's Agent
Donato Team
RE/MAX Connections - Belchertown
Buyer's Agent
Donato Team
RE/MAX Connections - Belchertown
List Price
$159,900
Sold Price
$105,000
Premium/Discount to List
-$54,900
-34.33%
Current Estimated Value
$349,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,184
Avg. Annual Appreciation
14.85%
Original Mortgage
$78,750
Outstanding Balance
$64,629
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$282,670

Purchase Details

Closed on
Feb 11, 1992
Sold by
Corsi Richard J and Corsi Diane
Bought by
Boulette John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Huynh Quang T $105,000 --
Boulette John W $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Quang T $78,750
Previous Owner Boulette John W $123,000
Previous Owner Boulette John W $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $105,000 -34.3% $36 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $159,900 -- $55 / 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 $3,111 $170,200 $70,400 $99,800
2024 $2,919 $153,900 $64,300 $89,600
2023 $2,939 $146,500 $64,300 $82,200
2022 $2,768 $124,400 $56,500 $67,900
2021 $2,714 $114,900 $62,600 $52,300
2020 $2,671 $112,400 $62,600 $49,800
2019 $2,673 $112,400 $62,600 $49,800
2018 $4,091 $173,400 $60,900 $112,500
2017 $3,990 $173,400 $60,900 $112,500
2016 $3,920 $175,800 $59,200 $116,600
2015 $3,803 $175,800 $59,200 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72098756

MLS Property Information Network (MLS PIN)

APN: PALM-000080-000000-000069