NOT LISTED FOR SALE

147 Magnolia Terrace Springfield, MA 01108

Forest Park Neighborhood

Estimated Value: $405,000 - $459,000

6 Beds
3 Baths
3,580 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $181,000 $51 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,782/month

54 Days on Market

About This Home

As of February 2016

LOCATION! LOCATION! LOCATION! This is a wonderful opportunity to purchase a very large multi-unit home in the Cozy Corner section of Historic Forest Park. Steps from a wooded area of beautiful Forest Park directly across the street & nicely situated on a quiet corner lot between two terraced streets. Interior units feature hardwood floors, French doors, fireplaces, built-ins, beamed ceilings, natural wood, dining rooms & eat-in kitchens. New roof in 2015 & two gas boilers approximately 5 years old (APO). Fresh interior & exterior paint. Full basement with storage areas & laundry hook-ups. Two car detached garage, storage shed, fenced yard, garden area & both open & enclosed porches. Walk to park, schools, shopping, transportation & other public amenities as well as easy access to major roadways. This is an excellent option for the investor, owner occupied or extended family living alike! Second & third floor available for immediate occupancy & first floor is currently month-to-month.

Last Agent to Sell the Property

Angela Accorsi

Coldwell Banker Realty - Western MA Listed on: 10/24/2015

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Luiza Berman

Park Square Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,167

Year Built

1908

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level
  • Other Agent: 1.25
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1908

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Tile, Vinyl, Hardwood
  • Basement: Interior Access, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch, Porch - Enclosed, Storage Shed, Fenced Yard, Garden Area
  • Foundation: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: S:08120 P:0037
  • Zoning: R2

Multi Family

  • Foundation: unmeasured
  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Fireplaces: 2
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2015
Closed on
Feb 22, 2016
Sold by
Helmus Arthur H
Bought by
Santos Enrique
Seller's Agent
Angela Accorsi
Coldwell Banker Realty - Western MA
Buyer's Agent
Luiza Berman
Park Square Realty
List Price
$189,500
Sold Price
$181,000
Premium/Discount to List
-$8,500
-4.49%
Current Estimated Value
$432,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,388
Avg. Annual Appreciation
9.70%
Original Mortgage
$171,950
Outstanding Balance
$137,889
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$298,917

Purchase Details

Closed on
Sep 10, 2003
Sold by
Scibelli Anthony A and Scibelli Joseph S
Bought by
Helmus Arthur H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.22%
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
Santos Enrique $181,000 --
Helmus Arthur H $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Enrique $171,950
Previous Owner Helmus Arthur H $25,000
Previous Owner Helmus Arthur H $171,000
Previous Owner Helmus Arthur H $166,250
Previous Owner Scibelli John P $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $181,000 -4.5% $51 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
10/24/2015 10/24/15 For Sale $189,500 -- $53 / 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 $5,167 $329,500 $38,500 $291,000
2024 $5,210 $324,400 $38,500 $285,900
2023 $5,049 $296,100 $36,300 $259,800
2022 $5,078 $269,800 $33,900 $235,900
2021 $4,270 $225,900 $30,800 $195,100
2020 $4,299 $220,100 $30,800 $189,300
2019 $3,755 $190,800 $31,900 $158,900
2018 $3,782 $192,200 $31,900 $160,300
2017 $3,788 $192,700 $31,900 $160,800
2016 $3,254 $165,500 $31,900 $133,600
2015 $2,844 $144,600 $31,900 $112,700
Source: Public Records

Agents Affiliated with this Home

  • Angela Accorsi

    Seller's Agent in 2016

    Angela Accorsi

    Coldwell Banker Realty - Western MA

    (413) 374-2023

    20 in this area

    189 Total Sales

    Angela Accorsi
    Section Image
  • Luiza Berman

    Buyer's Agent in 2016

    Luiza Berman

    Park Square Realty

    (413) 563-8910

    1 in this area

    30 Total Sales

    Luiza Berman
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71923801

MLS Property Information Network (MLS PIN)

APN: SPRI-008120-000000-000037

Massachusetts Hampden County Springfield 01108 Forest Park

147 Magnolia Terrace, Springfield, MA

This home is located at 147 Magnolia Terrace, Springfield, MA 01108 since 24 October 2015 and is currently estimated at $432,388, approximately $120 per square foot. This property was built in 1908. 147 Magnolia Terrace is a home located in Hampden County with nearby schools including Sumner Avenue Elementary School, Forest Park Middle School, and High School Of Commerce.

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MLS Property Information Network (MLS PIN) 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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