1402-1404 Worcester St Springfield, MA 01151
Estimated Value: $338,139 - $398,000
4
Beds
2
Baths
2,546
Sq Ft
$141/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Park
- Coin Laundry
- Jogging Path
About This Home
As of April 2024Discover this exceptional two-family residence with a vast lot, presenting an enticing opportunity for both investors and owner-occupants alike. The first floor, currently being occupied by seller will be vacant at closing, is an ideal space for an owner-occupant to settle in comfortably. Features a deep yard and ample off-street parking. Each unit offers generously sized rooms, including a living room, dining room, updated eat-in kitchen, two bedrooms, and a modernized bathroom. Residents can enjoy the outdoors on the L-shaped front porch accessible from both units. Key features include vinyl siding and upgraded 100-amp panels for each unit, ensuring modern functionality. The roof, replaced approximately 9 years ago with 100% re-decking, adds to the property's durability. The second-floor unit is currently occupied by a tenant-at-will without a lease, providing flexibility for various living arrangements or potential investment strategies. Dont miss out! Highest and best due by 2/20/
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,719
Year Built
- Built in 1900
Lot Details
- 10,572 Sq Ft Lot
Home Design
- Brick Foundation
Interior Spaces
- 2,546 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $1,500
- Assessor Parcel Number S:12525 P:0396,2613808
Community Details
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Coin Laundry
- Net Operating Income $18,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2024
Closed on
Apr 3, 2024
Sold by
Montalvo Jennifer
Bought by
Loyd Brandon
Seller's Agent
Cynthia Gonzalez
Executive Real Estate, Inc.
Buyer's Agent
Raquel Medina
Lock and Key Realty Inc.
List Price
$319,999
Sold Price
$331,000
Premium/Discount to List
$11,001
3.44%
Total Days on Market
7
Views
65
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
$26,785
Avg. Annual Appreciation
6.82%
Original Mortgage
$331,000
Outstanding Balance
$327,276
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$30,509
Purchase Details
Listed on
Aug 25, 2022
Closed on
Nov 4, 2022
Sold by
Richers Gregg and Richers Nida
Bought by
Montalvo Jennifer
Seller's Agent
William McCarry
William Raveis R.E. & Home Services
Buyer's Agent
Cynthia Gonzalez
Executive Real Estate, Inc.
List Price
$250,000
Sold Price
$285,000
Premium/Discount to List
$35,000
14%
Views
173
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$279,837
Interest Rate
6.7%
Mortgage Type
FHA
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loyd Brandon | $331,000 | None Available | |
| Montalvo Jennifer | $285,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loyd Brandon | $331,000 | |
| Closed | Montalvo Jennifer | $79,760 | |
| Previous Owner | Montalvo Jennifer | $279,837 | |
| Previous Owner | Richers Gregg A | $50,000 | |
| Previous Owner | Richers Gregg | $93,000 | |
| Previous Owner | Leclair Darryl | $119,000 | |
| Previous Owner | Richers Gregg | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2024 04/03/24 | Sold | $331,000 | +3.4% | $130 / Sq Ft |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- |
| 02/15/2024 02/15/24 | For Sale | $319,999 | +12.3% | $126 / Sq Ft |
| 11/04/2022 11/04/22 | Sold | $285,000 | +14.0% | $112 / Sq Ft |
| 09/11/2022 09/11/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | For Sale | $250,000 | 0.0% | $98 / Sq Ft |
| 08/28/2022 08/28/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | For Sale | $250,000 | -- | $98 / 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 | $3,948 | $251,800 | $46,200 | $205,600 |
| 2024 | $4,176 | $260,000 | $43,200 | $216,800 |
| 2023 | $3,719 | $218,100 | $35,400 | $182,700 |
| 2022 | $3,540 | $188,100 | $33,100 | $155,000 |
| 2021 | $3,071 | $162,500 | $30,100 | $132,400 |
| 2020 | $3,176 | $162,600 | $30,100 | $132,500 |
| 2019 | $3,082 | $156,600 | $31,100 | $125,500 |
| 2018 | $2,741 | $157,100 | $31,100 | $126,000 |
| 2017 | $2,741 | $139,400 | $26,500 | $112,900 |
| 2016 | $2,450 | $124,600 | $26,500 | $98,100 |
| 2015 | $2,345 | $119,200 | $26,500 | $92,700 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Gonzalez
Seller's Agent in 2024
Cynthia Gonzalez
Executive Real Estate, Inc.
(413) 209-6429
2 in this area
74 Total Sales
-
Raquel Medina
Buyer's Agent in 2024
Raquel Medina
Lock and Key Realty Inc.
(413) 218-3272
2 in this area
57 Total Sales
-
William McCarry
Seller's Agent in 2022
William McCarry
William Raveis R.E. & Home Services
(413) 565-2111
2 in this area
93 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73202551
APN: SPRI-012525-000000-000396
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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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