NOT LISTED FOR SALE

205 Elm St Westfield, MA 01085

Estimated Value: $385,444

4 Beds
3 Baths
5,394 Sq Ft
$71/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $375,000 $70 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,445/month

54 Days on Market

Highlights

  • Medical Services
  • Park
  • Shops
  • Property is near public transit and schools

About This Home

As of September 2024

BUYERS GOT COLD FEET! Looking for an investment opportunity? This is it! This mixed use property has stable income for the last couple years, including a restaurant and two residential units. Updates throughout the home including windows, heating, floors and more! Plenty of parking and close to I-90 and Westfield State. 48 Hours notice needed for showings.

Last Agent to Sell the Property

Tanya Vital-Basile

Executive Real Estate, Inc. Listed on: 04/30/2024

Executive Real Estate, Inc.

Last Buyer's Agent

Tanya Vital-Basile

Executive Real Estate, Inc. Listed on: 04/30/2024

Executive Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 1887

Lot Details

  • 4,140

Home Design

  • 5,394 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • 4,140 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,850
  • Assessor Parcel Number M:9 L:44,2633139

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,318

Year Built

Built in 1887

Lot Details

4,140 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1887
  • Year Built Details: Approximate
  • 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: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 5394
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AC1693
  • MAIN SO: AC1693

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:9 L:44,2633139
  • Zoning: mixed use
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4140
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4317.85

Multi Family

  • Net Operating Income: 26400
  • Number Of Units Total: 3
  • Total Actual Rent: 4850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Sep 13, 2024
Sold by
Tung Flora
Bought by
Cox Omar S
Seller's Agent
Tanya Vital-Basile
Executive Real Estate, Inc.
Buyer's Agent
Tanya Vital-Basile
Executive Real Estate, Inc.
List Price
$359,900
Sold Price
$375,000
Premium/Discount to List
$15,100
4.2%
Views
186
Current Estimated Value
$385,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,444
Avg. Annual Appreciation
2.24%
Original Mortgage
$368,207
Outstanding Balance
$362,140
Interest Rate
6.68%
Mortgage Type
FHA
Estimated Equity
$25,890

Purchase Details

Closed on
Jul 5, 2006
Sold by
Calegari Daniel J and Calegari Joseph P
Bought by
Tung Flora
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cox Omar S $375,000 None Available
Cox Omar S $375,000 None Available
Tung Flora $80,000 --
Tung Flora $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Omar S $368,207
Closed Cox Omar S $368,207
Previous Owner Tung Flora $145,000
Previous Owner Tung Flora $125,000
Previous Owner Tung Flora $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $375,000 +4.2% $70 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $359,900 0.0% $67 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $359,900 -- $67 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 -- $300,700 $98,600 $202,100
2024 -- $281,300 $89,700 $191,600
2023 $5,710 $252,700 $85,400 $167,300
2022 $0 $233,100 $76,300 $156,800
2021 $337 $228,700 $71,900 $156,800
2020 $5,689 $228,700 $71,900 $156,800
2019 $330 $219,500 $68,500 $151,000
2018 $322 $216,000 $68,500 $147,500
2017 $0 $210,100 $69,600 $140,500
2016 $3,626 $210,100 $69,600 $140,500
2015 $3,626 $203,200 $69,600 $133,600
2014 $3,626 $203,200 $69,600 $133,600
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73230385

MLS Property Information Network (MLS PIN)

APN: WFLD-000009-000000-000044

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