$390,000
SOLD AUG 7, 2024
7 Beds
3 Baths
4,142 Sq Ft
7,436 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

11% Above List Price

7 Days on Market

Highlights

  • Property is near public transit
  • 2 Fireplaces
  • Mud Room
  • Wood Flooring
  • Corner Lot
  • Tennis Courts

About This Home

As of August 2024

INVESTORS TAKE NOTICE! Extra-large three family (4142 sf) comes to the market after two generations owned by the same family! This home features 15 rooms over three floors all with long term tenants who would like to remain. Though the apartments all need cosmetic upgrades, most of the "big stuff" is all in place. Aluminum sided exterior with newer roof, replacement windows and newer boiler, furnace and stainless-steel oil tank. Wonderful location, just a mile from the entrance of beautiful Forest Park, and minutes to the MGM Springfield casino, with convenient highway access and nearby shopping and public transportation. Realtor.com lists Springfield MA #7 in its "Top ten housing markets for 2024." Easy off-street parking and plenty of street parking directly outside the doors! Pretty back yard ready for your grape vines or vegetable gardens. Front and rear porches too! Yard is mostly fenced in for added privacy, Showings begin on Saturday at open house 12-2:00 pm.

Last Agent to Sell the Property

Roger Trombly

Coldwell Banker Realty - Western MA Listed on: 06/14/2024

Coldwell Banker Realty - Western MA

Last Buyer's Agent

John Lopes

NorthStar Consulting Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 1899

Lot Details

  • 7,436 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Garden

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,142 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Mud Room
  • Living Room
  • Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Sumner Ave Elementary School

Utilities

  • Forced Air Heating System
  • Space Heater
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Individual Controls for Heating
  • Heating System Uses Steam
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $3,850
  • Rent includes unit 1(heat electric gas water hot water), unit 2(water), unit 3(heat electric gas water hot water)
  • Assessor Parcel Number S:05300 P:0094,2585029

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park

Building Details

  • Net Operating Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,507

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1899
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile, Vinyl, Varies, Hardwood, Carpet
  • Interior Amenities: Pantry, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Mudroom
  • Door Features: Insulated Doors
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Range Hood, Refrigerator, None
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 4142
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 84.48
  • PRICE PER Sq Ft: 94.16
  • MAIN SO: NA2139

Exterior Features

  • Exterior Features: Rain Gutters, Varies per Unit, Garden
  • Construction Materials: Frame, Brick
  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Frontage Length: 70
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Common, Unit Control, Steam, Oil, Individual, Space Heater
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Oil, Natural Gas, Tank, Tankless, Varies Per Unit

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Water), Unit 3(Heat,Electric,Gas,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:05300 P:0094,2585029
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7436
  • Lot Size Units: Acres
  • PAGE: 237
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5506.97
  • Tax Book Number: 14428

Multi Family

  • Gross Income: 46200
  • Net Operating Income: 46200
  • Number Of Units Total: 3
  • Total Actual Rent: 3850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • Elementary School: Sumner Ave

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
Malafronte Nicholas
Bought by
Malafronte Nicholas and Malafronte Carmela
Current Estimated Value
$411,263

Purchase Details

Closed on
Aug 20, 2004
Sold by
Malafronte Christine
Bought by
Malafronte Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $185,000 --
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,000 Purchase Money Mortgage
Closed $351,000 Purchase Money Mortgage
Previous Owner $47,000 No Value Available
Previous Owner $10,000 No Value Available
Previous Owner $115,000 No Value Available
Previous Owner $110,000 Purchase Money Mortgage
Previous Owner $82,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $390,000 +11.5% $94 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $349,900 -- $84 / 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 $6,131 $391,000 $38,600 $352,400
2024 $5,507 $342,900 $38,600 $304,300
2023 $3,923 $230,100 $36,300 $193,800
2022 $4,519 $240,100 $34,000 $206,100
2021 $3,704 $196,000 $30,900 $165,100
2020 $3,709 $189,900 $30,900 $159,000
2019 $3,277 $166,500 $31,900 $134,600
2018 $3,308 $168,100 $31,900 $136,200
2017 $3,486 $177,300 $31,900 $145,400
2016 $2,239 $113,900 $31,900 $82,000
2015 $2,225 $113,100 $31,900 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73252438

MLS Property Information Network (MLS PIN)

APN: SPRI-005300-000000-000094