NOT LISTED FOR SALE

Estimated Value: $352,369 - $363,000

7 Beds
5 Baths
2,894 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $279,000 $96 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,302/month

3 Days on Market

Highlights

  • Medical Services
  • Porch
  • Level Lot
  • Property is near public transit
  • Coin Laundry

About This Home

As of June 2023

Welcome to this lead treated FHA friendly 3 unit home for sale in Springfield; First Floor unit is vacant, perfect for an owner occupant. 4 Minutes to Baystate Hospital, 6 minutes from MGM Springfield, and in close proximity to the train station, bus station, and major highways, this property is in a very convenient location. Don't let this opportunity to pass you by.

Last Agent to Sell the Property

Raquel Medina

Lock and Key Realty Inc. Listed on: 02/20/2023

Lock and Key Realty Inc.

Last Buyer's Agent

Erika Delgado

ROVI Homes License #452517461

ROVI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1905

Lot Details

  • 4,635 Sq Ft Lot
  • Level Lot

Home Design

  • 2,894 Sq Ft Home
  • Triplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 6 Car Parking Spaces
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $1,675
  • Assessor Parcel Number S:08492 P:0004,2595281

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Coin Laundry

Building Details

  • Insurance Expense $1,681
  • Water Sewer Expense $2,249
  • Operating Expense $7,266
  • Net Operating Income $22,434

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,164

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1905
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bathrooms: 4
  • Living Area: 2894
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1364
  • LIST PRICE PER Sq Ft: 96.75
  • PRICE PER Sq Ft: 96.41
  • MAIN SO: AN6797

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2249

Lot Info

  • Parcel Number: S:08492 P:0004,2595281
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4635
  • Lot Size Units: Acres
  • PAGE: 12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2164
  • Tax Book Number: 24509

Multi Family

  • Gross Income: 29700
  • Insurance Expense: 1681
  • Net Operating Income: 22434
  • Number Of Units Total: 3
  • Operating Expense: 7266
  • Total Actual Rent: 1675
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2019
Sold by
Villar Salvador J
Bought by
Villar Real Estate Inc
Current Estimated Value
$359,290

Purchase Details

Closed on
Jun 29, 1987
Sold by
Therrien Camille
Bought by
Villar Salvador J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Villar Real Estate Inc -- --
Villar Real Estate Inc -- --
Villar Salvador J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berduo Wilmer A $319,940
Closed Abelino Wilmer $25,000
Closed Berduo Wilmer A $319,940
Closed Defoe Daniel $273,732
Open Home Llc $1,765,610
Closed Home Llc $1,765,610
Previous Owner Villar Salvador J $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $279,000 -0.4% $96 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $280,000 -- $97 / 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 $4,023 $256,600 $29,700 $226,900
2024 $3,122 $194,400 $29,700 $164,700
2023 $2,709 $158,900 $27,000 $131,900
2022 $2,164 $115,000 $25,200 $89,800
2021 $2,085 $110,300 $22,900 $87,400
2020 $2,332 $119,400 $22,900 $96,500
2019 $1,600 $81,300 $22,900 $58,400
2018 $1,545 $78,500 $22,900 $55,600
2017 $1,583 $80,500 $16,600 $63,900
2016 $1,298 $66,000 $16,600 $49,400
2015 $1,269 $64,500 $16,600 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73080459

MLS Property Information Network (MLS PIN)

APN: SPRI-008492-000000-000004