NOT LISTED FOR SALE

Estimated Value: $269,000 - $322,000

7 Beds
3 Baths
2,341 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $230,000 $98 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,905/month

181 Days on Market

About This Home

As of July 2023

INVESTORS TAKE NOTICE! This large multifamily home in Springfield's most historic neighborhood- Forest Park- is BEAMING with potential! U1 on the 1st flr includes 3 spacious bdrms, living rm, kitchen, pantry, & full bthrm. U2 on the 2nd flr mirrors that of the 1st flr, but ALSO has direct access to a tremendous value add opportunity- a bonus space on the 3rd flr that boasts a bdrm, living rm, kitchen, & bthrm! Units 1 & 2 are separately metered for utilities including gas heat, electric, & hot water. Prprty includes abundant parking space & a 2 car garage. Close to I91; the "X" commercial district; & Forest Park, which has a zoo, trails, ponds, swimming pools, playgrounds, tennis courts, ice rink, & more! Universities, colleges, & community colleges can also be found in the area. Perfect for the homebuyer that would like to live in 1 unit and rent out the other to pay the mortgage. BEING SOLD AS-IS. CASH & CONV OFFERS ONLY. Property being sold w/ 1 unit vacant & 1 unit occupied.

Last Agent to Sell the Property

The Merrill Group

Naples Realty Group Listed on: 12/19/2022

Naples Realty Group

Co-Listed By

Brittany Sullivan

Naples Realty Group

Last Buyer's Agent

Lori Raschi

Coldwell Banker Realty - Western MA

Coldwell Banker Realty - Western MA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,252

Year Built

  • Built in 1900

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 2,341 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $30,000

Listing and Financial Details

  • Total Actual Rent $2,500
  • Assessor Parcel Number S:09420 P:0018,2599445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,252

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • 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: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Interior Entry, Unfinished
  • Living Area: 2341
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6415
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 100 Amp Service
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:09420 P:0018,2599445
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3252

Multi Family

  • Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Jul 27, 2023
Sold by
Sarrage Anis K
Bought by
Enamorado Manuel F
Seller's Agent
The Merrill Group
Naples Realty Group
Buyer's Agent
Lori Raschi
Coldwell Banker Realty - Western MA
List Price
$230,000
Sold Price
$230,000
Views
576
Current Estimated Value
$298,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,975
Avg. Annual Appreciation
11.20%
Original Mortgage
$195,500
Outstanding Balance
$190,155
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,820

Purchase Details

Closed on
Feb 11, 2022
Sold by
Sarrage Mahmoud and Sarrage Anis K
Bought by
Sarrage Anis K

Purchase Details

Closed on
Oct 3, 2008
Sold by
Serra Jose
Bought by
Sarrage Anis K and Sarrage Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Polanco Francisco A
Bought by
Serra Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
Carabine Christopher J
Bought by
Polanco Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Fitzgibbon Kenneth L and Fitzgibbon Kathleen L
Bought by
Carabine Christopher J

Purchase Details

Closed on
May 25, 1995
Sold by
General Fncl Svcs Inc
Bought by
Regnier Bernard J

Purchase Details

Closed on
Dec 6, 1994
Sold by
Ohara Ryan A and Ohara Quinn M
Bought by
Genl Fin Svcs Inc
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
Enamorado Manuel F $230,000 None Available
Sarrage Anis K -- None Available
Sarrage Anis K $90,000 --
Sarrage Anis K $90,000 --
Serra Jose $192,000 --
Serra Jose $192,000 --
Polanco Francisco A $132,500 --
Polanco Francisco A $132,500 --
Carabine Christopher J $80,000 --
Regnier Bernard J $33,000 --
Genl Fin Svcs Inc $52,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enamorado Manuel F $195,500
Previous Owner Sarrage Anis K $67,500
Previous Owner Serra Jose $153,600
Previous Owner Polanco Francisco A $106,000
Previous Owner Polanco Francisco A $26,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $230,000 0.0% $98 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $230,000 0.0% $98 / Sq Ft
05/30/2023 05/30/23 For Sale $230,000 -4.2% $98 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $240,000 0.0% $103 / Sq Ft
04/06/2023 04/06/23 For Sale $240,000 -4.0% $103 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $250,000 -2.0% $107 / Sq Ft
02/07/2023 02/07/23 Price Changed $255,000 -3.8% $109 / Sq Ft
01/10/2023 01/10/23 For Sale $265,000 0.0% $113 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $265,000 -- $113 / 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 $4,091 $260,900 $30,000 $230,900
2024 $3,887 $242,000 $30,000 $212,000
2023 $2,568 $150,600 $27,300 $123,300
2022 $3,252 $172,800 $25,500 $147,300
2021 $2,689 $142,300 $23,200 $119,100
2020 $2,773 $142,000 $23,200 $118,800
2019 $2,476 $125,800 $23,200 $102,600
2018 $2,314 $117,600 $23,200 $94,400
2017 $2,212 $112,500 $21,800 $90,700
2016 $1,913 $97,300 $21,800 $75,500
2015 $1,886 $95,900 $21,800 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73065853

MLS Property Information Network (MLS PIN)

APN: SPRI-009420-000000-000018