NOT LISTED FOR SALE

1188 Worcester St Springfield, MA 01151

Estimated Value: $406,000 - $582,000

6 Beds
4 Baths
2,688 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $355,000 $132 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,204/month

35 Days on Market

About This Home

As of December 2021

Perfect money maker with nothing to be done except collecting the rent. Built in 2019 with open floor plan, living room, dining room and kitchen combo with upgraded cabinets and 1/2 bath on first floor. Second floor has 3 good sized bedrooms and full bath with tile floors. The basement has the potential for more living space with the walk out. Efficient gas heat and located next to a park make it a no brainer. Make your appointment to view. showings by appointment Wednesdays 12-4

Last Agent to Sell the Property

Patricia Joaquim

Gallagher Real Estate Listed on: 06/07/2021

Gallagher Real Estate

Last Buyer's Agent

Sarah Nelson

Chestnut Oak Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,684

Year Built

  • 2019

Lot Details

  • 8,712

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,684

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Oak-Worcester
  • Garage Yn: No
  • Efficiency: Thermostat
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: NewHome
  • Year Built: 2019

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Total Bathrooms: 3
  • MAIN LO: AN1364
  • LIST PRICE PER Sq Ft: 135.75
  • PRICE PER Sq Ft: 132.07
  • MAIN SO: M54500
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Vinyl,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Open Floor Plan), Unit 2(Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Stories: 4
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Seller Is License Realtor, Showings Of Apartment 1190 First Showing Second With Offer. Inside Photos Are Pre Tenant
  • Home Warranty: No
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community: No

Lot Info

  • LOT SIZE: 8764
  • PAGE: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 8712
  • Zoning: B1

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Annual Gross Income: 36000
  • Property Net Operating Income: 36000
  • Number Of Units Total: 2
  • Total Actual Rent: 3000

Tax Info

  • Tax Annual Amount: 5037
  • Tax Book Number: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Dec 1, 2021
Sold by
Ms Homes Llc
Bought by
Brvs Llc
Seller's Agent
Patricia Joaquim
Gallagher Real Estate
Buyer's Agent
Sarah Nelson
Chestnut Oak Associates
List Price
$369,900
Sold Price
$355,000
Premium/Discount to List
-$14,900
-4.03%
Current Estimated Value
$479,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,258
Avg. Annual Appreciation
7.81%
Original Mortgage
$284,000
Outstanding Balance
$263,277
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,868
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
Brvs Llc $355,000 None Available
Brvs Llc $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brvs Llc $284,000
Closed Brvs Llc $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $355,000 -2.7% $132 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $364,900 -1.4% $136 / Sq Ft
06/07/2021 06/07/21 For Sale $369,900 -- $138 / 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 $6,684 $426,300 $45,500 $380,800
2024 $5,966 $371,500 $42,600 $328,900
2023 $5,889 $345,400 $34,900 $310,500
2022 $5,925 $314,800 $32,600 $282,200
2021 $5,037 $266,500 $29,600 $236,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72844883

MLS Property Information Network (MLS PIN)

APN: 125250352