Seller's Agent in 2023
Bill Nichols
Hampden Realty Center, LLC
(413) 887-8816
3 in this area
68 Total Sales
10 Cherry St Westfield, MA 01085
Estimated Value: $293,000 - $321,000
6
Beds
5
Baths
2,455
Sq Ft
$125/Sq Ft
Est. Value
Highlights
- Level Lot
- Heating Available
- 4-minute walk to Westfield City Green
About This Home
As of June 2023Tremendous cash flow opportunity here!! 5 units total within 2 buildings on the same lot. Units consist of 4 one bedrooms and 1 - 2 bedroom apartment. Apartments are very easy to rent. Great location close to downtown, shopping, highways and Westfield State.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,998
Year Built
- Built in 1920
Lot Details
- 5,776 Sq Ft Lot
- Level Lot
- Cleared Lot
Home Design
- 2,455 Sq Ft Home
- Brick Foundation
- Block Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Off-Street Parking
Utilities
- Heating Available
Listing and Financial Details
- Total Actual Rent $3,725
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(water hot water), unit 4(water hot water)
Community Details
Overview
- 5 Units
- Property has 2 Levels
Building Details
- Net Operating Income $44,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 23, 1998
Sold by
Est Kucefski Adolf A and Parzych Diane M
Bought by
Roque Carlos I and Liberty Richard H
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,704
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 1995
Sold by
Westfield Sb
Bought by
Burek Walter J and Burek Richard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roque Carlos I | $60,000 | -- | |
| Burek Walter J | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roque Carlos I | $60,000 | |
| Open | Roque Carlos I | $130,214 | |
| Closed | Roque Carlos I | $140,459 | |
| Closed | Roque Carlos L | $25,199 | |
| Closed | Burek Walter J | $80,061 | |
| Closed | Burek Walter J | $7,500 | |
| Closed | Burek Walter J | $59,704 | |
| Previous Owner | Burek Walter J | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $312,500 | -8.1% | $127 / Sq Ft |
| 05/30/2023 05/30/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $339,987 | -- | $138 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,901 | $257,000 | $77,500 | $179,500 |
| 2024 | $3,759 | $235,400 | $70,400 | $165,000 |
| 2023 | $3,586 | $211,200 | $67,100 | $144,100 |
| 2022 | $3,437 | $185,900 | $59,900 | $126,000 |
| 2021 | $3,310 | $175,300 | $56,500 | $118,800 |
| 2020 | $3,201 | $166,300 | $56,500 | $109,800 |
| 2019 | $4,147 | $158,300 | $53,900 | $104,400 |
| 2018 | $5,299 | $158,300 | $53,900 | $104,400 |
| 2017 | $3,216 | $155,300 | $54,600 | $100,700 |
| 2016 | $3,019 | $155,300 | $54,600 | $100,700 |
| 2015 | $2,879 | $155,300 | $54,600 | $100,700 |
| 2014 | $2,823 | $155,300 | $54,600 | $100,700 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Nichols
-
Arpan Tiwari
Buyer's Agent in 2023
Arpan Tiwari
Real Broker MA, LLC
(413) 777-2951
2 in this area
8 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73107076
APN: WFLD-000010-000000-000014
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