Lucy Cordero
KW Legacy Partners
(413) 287-7815
114 Total Sales
3 in East Springfield
$245K - $280K Price Range
119-121 Merida St Springfield, MA 01104
East Springfield NeighborhoodEstimated Value: $315,000 - $405,000
4
Beds
6
Baths
1,824
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Patio
- Carpet
- Community Pool
- Shops
- Heating Available
About This Home
As of July 2022Opportunity is knocking. Come check out this absolutely awesome rental property. The roof was just replaced and the home is in great shape. This is a great time to buy investment property. This property has cash flow and an over 9% CAP Rate. That is amazing. You can't get that in the bank for sure. Come see us this Sunday at the open house.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,769
Year Built
- Built in 1990
Lot Details
- 5,001 Sq Ft Lot
- Cleared Lot
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,824 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Window Screens
- Insulated Doors
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 8 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Patio
- Rain Gutters
Location
- Property is near public transit
Utilities
- Cooling Available
- 2 Cooling Zones
- 2 Heating Zones
- Heating Available
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $2,200
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number S:08550 P:0034,2595510
Community Details
Recreation
- Community Pool
Additional Features
- 2 Units
- Shops
- Net Operating Income $26,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2022
Closed on
Jul 15, 2022
Sold by
Hamilton Christopher S
Bought by
Seller's Agent
Kevin Moore
Executive Real Estate, Inc.
Buyer's Agent
Kevin Moore
Executive Real Estate, Inc.
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,027
Avg. Annual Appreciation
6.42%
Original Mortgage
$270,750
Outstanding Balance
$254,148
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,879
Purchase Details
Closed on
Mar 17, 2006
Sold by
Katsounakis Michael T
Bought by
Hamilton Christopher S
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Springfield, MA
-
Lucy Cordero
-
Karen Kopeski
Karen Kopeski
Today Real Estate, Inc.
(413) 420-5422
82 Total Sales
1 in East Springfield
$325,000 Price
-
Susan Lefebvre
Susan Lefebvre
HB Real Estate, LLC
(413) 420-5351
54 Total Sales
2 in East Springfield
$135K - $225K Price Range
-
Mary O'Connell
Mary O'Connell
Wolcott Realty
(413) 216-4443
33 Total Sales
1 in East Springfield
$212,000 Price
-
Karen Kirby
Karen Kirby
HB Real Estate, LLC
(860) 831-3977
96 Total Sales
1 in East Springfield
$220,000 Price
-
Susan Lyons
Susan Lyons
HB Real Estate, LLC
(860) 901-1458
42 Total Sales
1 in East Springfield
$208,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $285,000 | None Available | ||
| Hamilton Christopher S | $211,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $270,750 | ||
| Previous Owner | Katsounakis Michael T | $438,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2022 07/27/22 | Sold | $285,000 | -5.0% | $156 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | For Sale | $299,900 | -- | $164 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,093 | $324,800 | $37,200 | $287,600 |
| 2024 | $5,150 | $320,700 | $37,200 | $283,500 |
| 2023 | $4,486 | $263,100 | $34,700 | $228,400 |
| 2022 | $4,044 | $214,900 | $32,400 | $182,500 |
| 2021 | $3,769 | $199,400 | $29,500 | $169,900 |
| 2020 | $3,656 | $187,200 | $29,500 | $157,700 |
| 2019 | $3,509 | $178,300 | $30,500 | $147,800 |
| 2018 | $3,348 | $177,600 | $30,500 | $147,100 |
| 2017 | $3,348 | $170,300 | $27,600 | $142,700 |
| 2016 | $3,157 | $160,600 | $27,600 | $133,000 |
| 2015 | $3,098 | $157,500 | $27,600 | $129,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Moore
Seller's Agent in 2022
Kevin Moore
Executive Real Estate, Inc.
(413) 668-5374
3 in this area
100 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72963820
APN: SPRI-008550-000000-000034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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