NOT LISTED FOR SALE

1014 Spring St Unit 1016 Palmer, MA 01069

Estimated Value: $345,000 - $388,000

6 Beds
3 Baths
2,515 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $172,000 $68 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,430/month

151 Days on Market

About This Home

As of March 2017

Wonderful opportunity to live in a house at no cost! Rent one side and live in the other while your tenant pays the mortgage. Well maintained two family in an area of grand colonials! Easy access to highways, parks, library, schools and shopping.

Last Agent to Sell the Property

The King Group

Coldwell Banker Realty - Western MA Listed on: 07/28/2016

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Arthur Richton

Teamwork Realty Group, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,846

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Hardwood
  • Basement: Full
  • Total Levels: 4

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Propane Gas, Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Middle School: Converse Middle
  • High School: Palmer High

Lot Info

  • Assessor Parcel Number: M:61 B:156
  • Zoning: 2 family

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Floors: 2
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 14
  • Total Rent_1: 1750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Mar 2, 2017
Sold by
Cosby Chad R and Cosby Stephanie A
Bought by
Mead Jacob D
Seller's Agent
The King Group
Coldwell Banker Realty - Western MA
Buyer's Agent
Arthur Richton
Teamwork Realty Group, LLC
List Price
$189,000
Sold Price
$172,000
Premium/Discount to List
-$17,000
-8.99%
Current Estimated Value
$366,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,503
Avg. Annual Appreciation
9.47%
Original Mortgage
$137,600
Outstanding Balance
$112,254
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$261,502

Purchase Details

Closed on
Feb 28, 2006
Sold by
Bigda Ronald J and Bigda Faith K
Bought by
Cosby Chad R and Cosby Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1997
Sold by
Fnma
Bought by
Bigda Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,300
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mead Jacob D $172,000 --
Cosby Chad R $201,000 --
Cosby Chad R $201,000 --
Bigda Ronald J $78,210 --
Bigda Ronald J $78,210 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mead Jacob D $137,600
Closed Bigda Ronald J $137,600
Previous Owner Cosby Chad R $201,000
Previous Owner Bigda Ronald J $74,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2017 03/02/17 Sold $172,000 -4.4% $68 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
11/18/2016 11/18/16 Price Changed $179,900 -4.8% $72 / Sq Ft
07/28/2016 07/28/16 For Sale $189,000 -- $75 / 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 $5,846 $322,100 $51,800 $270,300
2024 $5,424 $290,500 $47,100 $243,400
2023 $5,130 $263,900 $47,100 $216,800
2022 $4,736 $221,300 $41,300 $180,000
2021 $4,273 $188,800 $45,800 $143,000
2020 $4,127 $181,000 $45,800 $135,200
2019 $4,007 $181,000 $45,800 $135,200
2018 $3,266 $147,900 $44,400 $103,500
2017 $3,190 $147,900 $44,400 $103,500
2016 $3,235 $152,100 $43,100 $109,000
2015 $3,138 $152,100 $43,100 $109,000
Source: Public Records

Agents Affiliated with this Home

  • The King Group

    Seller's Agent in 2017

    The King Group

    Coldwell Banker Realty - Western MA

    (413) 355-4070

    40 in this area

    200 Total Sales

    The King Group
    Section Image
  • Arthur Richton

    Buyer's Agent in 2017

    Arthur Richton

    Teamwork Realty Group, LLC

    (413) 386-5839

    11 in this area

    270 Total Sales

    Arthur Richton
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72044611

MLS Property Information Network (MLS PIN)

APN: PALM-000061-000000-000156

Massachusetts Hampden County Palmer 01069

1014 Spring St Unit 1016, Palmer, MA

This home is located at 1014 Spring St Unit 1016, Palmer, MA 01069 since 28 July 2016 and is currently estimated at $366,503, approximately $145 per square foot. This property was built in 1880. 1014 Spring St Unit 1016 is a home located in Hampden County with nearby schools including Old Mill Pond Elementary School, Converse Middle School, and Palmer High School.

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