NOT LISTED FOR SALE

15 E School St West Springfield, MA 01089

Estimated Value: $311,000 - $400,000

5 Beds
2 Baths
2,040 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $315,000 $154 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,100/month

76 Days on Market

Highlights

  • Covered Patio or Porch
  • Tile Flooring
  • Level Lot

About This Home

As of August 2024

For sale: 2-unit multifamily home on a dead-end street in West Springfield, close to bus lines and downtown. Recently renovated units with updated kitchens, and bathrooms in both units. Features include porches, off-street parking for 4+ cars, and flexible occupancy options. Unit 1 is rented and unit 2 can be rented or owner occupied. Sold as-is without seller guarantees. Buyer to verify all information.

Last Agent to Sell the Property

Peter Mlaguzi

M&A Real Estate Listed on: 03/01/2024

M&A Real Estate

Last Buyer's Agent

Elizabeth Lopez

BKaye Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1900

Lot Details

  • 4,980 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,040 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • 4 Car Parking Spaces
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Covered Patio or Porch

Utilities

  • 110 Volts

Community Details

  • 2 Units
  • Net Operating Income $20,100

Listing and Financial Details

  • Total Actual Rent $1,675
  • Assessor Parcel Number M:00227 B:00050 L:00018,2657685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,543

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk-Out Access, Bulkhead, Dirt Floor, Unfinished
  • Living Area: 2040
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0188
  • MAIN SO: AC1909

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Covered
  • Road Frontage Type: Public, Dead End
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Unpaved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: 110 Volts
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00227 B:00050 L:00018,2657685
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4980
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3543

Multi Family

  • Net Operating Income: 20100
  • Number Of Units Total: 2
  • Total Actual Rent: 1675
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Aug 14, 2024
Sold by
Blackrock Sh Group Llc
Bought by
Arzon Genesis M
Seller's Agent
Peter Mlaguzi
M&A Real Estate
Buyer's Agent
Elizabeth Lopez
BKaye Realty
List Price
$339,756
Sold Price
$315,000
Premium/Discount to List
-$24,756
-7.29%
Views
427
Current Estimated Value
$343,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,520
Avg. Annual Appreciation
6.34%
Original Mortgage
$309,294
Outstanding Balance
$304,734
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$38,786

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jun 21, 2024
Sold by
Blackrock Sh Group Llc and Ruby Lending Llc
Bought by
Ruby Lending Llc
Seller's Agent
Peter Mlaguzi
M&A Real Estate
Buyer's Agent
Elizabeth Lopez
BKaye Realty
List Price
$339,756
Sold Price
$315,000
Premium/Discount to List
-$24,756
-7.29%
Views
427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Outstanding Balance
$304,734
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$38,786

Purchase Details

Closed on
Feb 10, 2023
Sold by
Wicked Deals Llc
Bought by
Blackrock Sh Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2022
Sold by
Vlasyuk Yelena and Us Bank Na
Bought by
Wicked Deals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2006
Sold by
Fitzgibbons John S
Bought by
Vlasyuk Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arzon Genesis M $315,000 None Available
Ruby Lending Llc $225,000 None Available
Ruby Lending Llc $225,000 None Available
Blackrock Sh Group Llc $239,900 None Available
Wicked Deals Llc $153,500 None Available
Wicked Deals Llc $153,500 None Available
Vlasyuk Yelena $115,000 --
Vlasyuk Yelena $115,000 --
Vlasyuk Yelena $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arzon Genesis M $309,294
Previous Owner Blackrock Sh Group Llc $239,000
Previous Owner Wicked Deals Llc $160,000
Previous Owner Vlasyuk Yelena $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $315,000 -4.5% $154 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $329,756 -2.9% $162 / Sq Ft
03/01/2024 03/01/24 For Sale $339,756 -- $167 / 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 $3,869 $260,200 $84,800 $175,400
2024 $3,543 $239,200 $84,800 $154,400
2023 $3,178 $204,500 $84,800 $119,700
2022 $3,314 $210,300 $77,000 $133,300
2021 $2,621 $155,100 $61,300 $93,800
2020 $2,635 $155,100 $61,300 $93,800
2019 $2,630 $155,100 $61,300 $93,800
2018 $2,644 $155,100 $61,300 $93,800
2017 $2,644 $155,100 $61,300 $93,800
2016 $2,594 $152,700 $58,900 $93,800
2015 $2,474 $145,600 $57,700 $87,900
2014 $2,389 $145,600 $57,700 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73207598

MLS Property Information Network (MLS PIN)

APN: WSPR-000227-000050-000018