$148,250
SOLD AUG 16, 2019

229 College St Unit 231 Springfield, MA 01109

Bay Neighborhood
4 Beds
2 Baths
2,290 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

1% Below List Price

14 Days on Market

About This Home

As of June 2021

Attention investors, great income producing opportunity with strong rental history! This terrific property offers two 2-bed, 1 bath units and features nice updates that include vinyl siding, thermal windows, updated kitchens and rebuilt side and front porches! First-floor unit has also been newly updated with fresh paint and gleaming hardwood floors. The property is certified treated for lead, and offers separate gas and electricity. This is an excellent opportunity for an investment property or for owner-occupied to reduce living expenses! Schedule a showing today!

Last Agent to Sell the Property

Stephanie Salerno

Coldwell Banker Realty Listed on: 06/28/2019

Coldwell Banker Realty

Last Buyer's Agent

Mark Kula

Coldwell Banker Realty - Western MA

Coldwell Banker Realty - Western MA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 1923

Additional Features

  • Wood Flooring
  • Enclosed patio or porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:03020 P:0052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,127

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 65.46
  • Comp Based On: Net Sale Price
  • Year Built: 1923
  • Lead Paint: Certified Treated
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 2290.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 120500.00
  • Acre: 0.11
  • Lot Size: 5001.00
  • Page: 228
  • Parcel Number: S:03020 P:0052
  • Zoning: R2
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 2
  • Total Rent: 1700
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 2371.00
  • Assessor Parcel Number: 2579162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 15, 2021
Sold by
Roach Ruby
Bought by
Nduta-Thuo Josephine
Seller's Agent
Isadora Sarto
eRealty Advisors, Inc.
Buyer's Agent
moses thuo
RE/MAX Synergy
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$302,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,432
Avg. Annual Appreciation
12.07%
Original Mortgage
$142,500
Outstanding Balance
$130,135
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,297

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 15, 2019
Sold by
Adzhigirey Viktor
Bought by
Roach Ruby
Seller's Agent
Stephanie Salerno
Coldwell Banker Realty
Buyer's Agent
Mark Kula
Coldwell Banker Realty - Western MA
List Price
$149,900
Sold Price
$148,250
Premium/Discount to List
-$1,650
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$134,663
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2009
Closed on
Mar 15, 2013
Sold by
Slc Assoc Llc
Bought by
Adzhigirey Viktor
Seller's Agent
Rich Tariff
William Raveis R.E. & Home Services
Buyer's Agent
Stephanie Salerno
Coldwell Banker Realty
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$68,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2009
Sold by
Geiger Gordon M and Aurora Loan Svcs Llc
Bought by
Slc Assoc Llc

Purchase Details

Closed on
Dec 20, 2006
Sold by
Ameriquest Mtg Securit
Bought by
Geiger Gordon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2006
Sold by
Contreras Maria and Deutsche Bk Natl T Co
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Aug 8, 2003
Sold by
Gresham Raymond
Bought by
Contreras Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,875
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Gresham Almarine and Mccoy Almarine
Bought by
Gresham Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,875
Interest Rate
5.28%
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
Not Resolvable $190,000 None Available
Not Resolvable $148,250 --
Not Resolvable $85,000 --
Not Resolvable $85,000 --
Foreclosure Deed $60,200 --
Deed $130,000 --
Foreclosure Deed $152,884 --
Deed $92,500 --
Deed $6,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,500 Purchase Money Mortgage
Previous Owner $134,663 New Conventional
Previous Owner $68,000 New Conventional
Previous Owner $117,000 Purchase Money Mortgage
Previous Owner $140,000 No Value Available
Previous Owner $72,875 Purchase Money Mortgage
Previous Owner $15,000 No Value Available
Previous Owner $45,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $190,000 +0.1% $83 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $189,900 +28.1% $83 / Sq Ft
08/16/2019 08/16/19 Sold $148,250 -1.1% $65 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $149,900 +76.4% $65 / Sq Ft
03/15/2013 03/15/13 Sold $85,000 -29.1% $37 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/01/2009 02/01/09 For Sale $119,900 -- $52 / 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 $4,127 $263,200 $30,000 $233,200
2024 $3,755 $233,800 $30,000 $203,800
2023 $3,609 $211,700 $27,300 $184,400
2022 $3,209 $170,500 $25,500 $145,000
2021 $3,173 $167,900 $23,200 $144,700
2020 $3,000 $153,600 $23,200 $130,400
2019 $2,371 $120,500 $23,200 $97,300
2018 $2,387 $121,300 $23,200 $98,100
2017 $2,446 $124,400 $23,200 $101,200
2016 $2,011 $102,300 $23,200 $79,100
2015 $1,985 $100,900 $23,200 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72527343

MLS Property Information Network (MLS PIN)

APN: SPRI-003020-000000-000052