NOT LISTED FOR SALE

102 Cambridge St Unit 104 Springfield, MA 01109

Bay Neighborhood

Estimated Value: $310,000 - $399,000

8 Beds
3 Baths
2,420 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $220,000 $91 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,341/month

50 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Enclosed Patio or Porch
  • Property is near public transit
  • Community Pool
  • Jogging Path

About This Home

As of September 2021

Investors take notice, this multi-family has it all!! First floor consists of three generous sized bedrooms, 1 full bath, living room, and kitchen. Second floor unit contains a finished third floor for a total of five large bedrooms, 2 full baths, 2 living areas, and one large kitchen. On the exterior you will find newer vinyl siding and replacement vinyl windows throughout! Updated electrical and plumbing are a plus!! Roof is ~15 years old, heating systems are annually serviced, have gas powered heat and water heaters are younger than 5 years APO.

Last Agent to Sell the Property

Stacey Silvia

Lock and Key Realty Inc. Listed on: 04/10/2021

Lock and Key Realty Inc.

Last Buyer's Agent

Rafael Fontanez

Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,007

Year Built

  • Built in 1922

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,420 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Rebecca M Johns Elementary School
  • John F Kennedy Middle School
  • Science Tech High School

Utilities

  • 3 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $3,050
  • Assessor Parcel Number S:02270 P:0020,2576443

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $2,000
  • Water Sewer Expense $2,500
  • Operating Expense $6,400
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,007

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1922
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Bathroom With Tub,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2420
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN5521
  • LIST PRICE PER Sq Ft: 82.64
  • PRICE PER Sq Ft: 90.91
  • MAIN SO: AN0243

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2500

Lot Info

  • Parcel Number: S:02270 P:0020,2576443
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • LOT SIZE: 6438
  • PAGE: 317

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3007
  • Tax Book Number: 8781

Multi Family

  • Gross Income: 36600
  • Insurance Expense: 2000
  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Operating Expense: 6400
  • Total Actual Rent: 3050
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Science Tech
  • Elementary School: Rebecca M Johns
  • Middle Or Junior School: John F Kennedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Sep 7, 2021
Sold by
Brown Carlos and Brown Divette
Bought by
Vazquez Indira M
Seller's Agent
Stacey Silvia
Lock and Key Realty Inc.
Buyer's Agent
Rafael Fontanez
Signature Realty
List Price
$200,000
Sold Price
$220,000
Premium/Discount to List
$20,000
10%
Current Estimated Value
$359,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,731
Avg. Annual Appreciation
13.19%
Original Mortgage
$216,015
Outstanding Balance
$197,413
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$162,319

Purchase Details

Closed on
Mar 25, 1994
Sold by
Franmore Rt
Bought by
Difranco Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1993
Sold by
Franmore Rt and Difranco Mark C
Bought by
Bergdoll Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1992
Sold by
Mccoy Alfred N
Bought by
Franmore Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.49%
Source: Public Records

Range of Values:

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Average Value
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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
Vazquez Indira M $220,000 None Available
Difranco Mark C $38,000 --
Bergdoll Michael $47,500 --
Franmore Rt $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez-Franco Indira M $58,000
Open Vazquez Indira M $216,015
Previous Owner Mccoy Alfred N $34,000
Previous Owner Mccoy Alfred N $45,000
Previous Owner Mccoy Alfred N $35,000
Previous Owner Mccoy Alfred N $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $220,000 +10.0% $91 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $200,000 -- $83 / 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 $4,619 $294,600 $31,200 $263,400
2024 $4,311 $268,400 $31,200 $237,200
2023 $3,927 $230,300 $28,400 $201,900
2022 $3,664 $194,700 $26,500 $168,200
2021 $3,007 $159,100 $24,100 $135,000
2020 $2,840 $145,400 $24,100 $121,300
2019 $2,549 $129,500 $24,100 $105,400
2018 $2,521 $128,100 $24,100 $104,000
2017 $2,597 $132,100 $24,100 $108,000
2016 $2,066 $105,100 $24,100 $81,000
2015 $2,056 $104,500 $24,100 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72812549

MLS Property Information Network (MLS PIN)

APN: SPRI-002270-000000-000020