NOT LISTED FOR SALE

147 Magnolia Terrace Springfield, MA 01108

Forest Park Neighborhood

Estimated Value: $416,000 - $464,000

6 Beds
3 Baths
3,580 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2016

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

Est. 141% increase in value since last sale

Current estimated payment $2,802 / mo

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

Year Built

1908

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level
  • Other Agent: 1.25
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • 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

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
Oct 24, 2015
Closed on
Feb 22, 2016
Sold by
Bought by
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
$436,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,430
Avg. Annual Appreciation
8.81%
Original Mortgage
$171,950
Interest Rate
0.0397%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$181,000 --
$175,000 --
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 $73,768
Open $171,950
Previous Owner $25,000
Previous Owner $171,000
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
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

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 $5,167 $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

    21 in this area

    184 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

    32 Total Sales

    Luiza Berman
    Section Image
See All Agents

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

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.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.