NOT LISTED FOR SALE

229 Walnut St Springfield, MA 01105

Old Hill Neighborhood

Estimated Value: $309,000 - $384,231

8 Beds
3 Baths
2,786 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $310,000 $111 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,180/month

23 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • 2 Car Garage
  • Bathtub with Shower
  • Dining Room
  • Fenced

About This Home

As of February 2023

Investors take notice! Potential cash generating property!!!! This multi-family property offers 3 floors of living space with parking in the driveway and off street. First and second floor are similar with three bedrooms and a full bath. Both kitchens and two bathrooms were recently updated in addition to a fairly new roof. The third floor adds extra income with 2 bedrooms and a full bath. All windows were replaced and updated. This could be an income producing property or owner occupy with tenants paying your mortgage. Don't wait make an appointment today.

Last Agent to Sell the Property

Slope to Shore Team

William Raveis Team 413 Listed on: 12/13/2022

William Raveis Team 413

Co-Listed By

Elijah Naylor

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Manuel Reynoso

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1895 | Remodeled

Lot Details

  • 5,192 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,786 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number S:11952 P:0165,2610636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,004

Year Built

Built in 1895 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Updated/Remodeled, Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1895
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Wood Flooring, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Unit 1(Pantry,Country Kitchen), Unit 2(Pantry,Bathroom With Tub & Shower,Country Kitchen), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Living Area: 2786
  • Stories Total: 3
  • MAIN LO: M59500
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: S:11952 P:0165,2610636
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5192
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2004

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Feb 10, 2023
Sold by
Naylor Nation Re Llc
Bought by
Presinal Elvis A
Seller's Agent
Slope to Shore Team
William Raveis Team 413
Buyer's Agent
Manuel Reynoso
eXp Realty
List Price
$310,000
Sold Price
$310,000
Views
121
Current Estimated Value
$351,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,145
Avg. Annual Appreciation
4.24%
Original Mortgage
$226,300
Outstanding Balance
$218,823
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,985

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 2, 2022
Sold by
Fiore James and Fiore Darlene
Bought by
Naylor Nation Re Llc
Seller's Agent
Tina Fiore
Fiore Real Estate
Buyer's Agent
Shawna Gutowski
William Raveis Team 413
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
186.36%
Original Mortgage
$210,000
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Listed on
May 16, 2022
Closed on
May 4, 2022
Sold by
Pallatino Josephine M Est and Pallatino
Bought by
Fiore James
Seller's Agent
Tina Fiore
Fiore Real Estate
Buyer's Agent
Shawna Gutowski
William Raveis Team 413
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.11%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Presinal Elvis A $310,000 None Available
Naylor Nation Re Llc $150,000 None Available
Fiore James $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presinal Elvis A $226,300
Previous Owner Naylor Nation Re Llc $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $310,000 0.0% $111 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $310,000 0.0% $111 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $310,000 +106.7% $111 / Sq Ft
06/02/2022 06/02/22 Sold $150,000 +7.2% $54 / Sq Ft View Prior Sale
05/17/2022 05/17/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $139,900 -- $50 / 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 $4,154 $264,900 $24,800 $240,100
2024 $3,959 $246,500 $23,100 $223,400
2023 $2,534 $148,600 $22,000 $126,600
2022 $2,004 $106,500 $20,000 $86,500
2021 $1,975 $104,500 $18,200 $86,300
2020 $2,053 $105,100 $18,200 $86,900
2019 $1,964 $99,800 $18,200 $81,600
2018 $1,781 $90,500 $18,200 $72,300
2017 $1,858 $94,500 $14,600 $79,900
2016 $1,651 $84,000 $14,600 $69,400
2015 $1,399 $71,100 $14,600 $56,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Slope to Shore Team

    William Raveis Team 413

    (413) 579-8326

    1 in this area

    217 Total Sales

    Slope to Shore Team
    Section Image

  • E

    Seller Co-Listing Agent in 2023

    Elijah Naylor

    Coldwell Banker Realty - Western MA

    (413) 729-9222

    1 in this area

    13 Total Sales

    Elijah Naylor
    Section Image
  • Manuel Reynoso

    Buyer's Agent in 2023

    Manuel Reynoso

    eXp Realty

    (857) 999-1444

    2 in this area

    35 Total Sales

    Manuel Reynoso
    Section Image

  • T

    Seller's Agent in 2022

    Tina Fiore

    Fiore Real Estate

    (413) 262-3800

    1 in this area

    18 Total Sales

    Tina Fiore
    Section Image
  • Shawna Gutowski

    Buyer's Agent in 2022

    Shawna Gutowski

    William Raveis Team 413

    (413) 537-3186

    6 in this area

    194 Total Sales

    Shawna Gutowski
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73064699

MLS Property Information Network (MLS PIN)

APN: SPRI-011952-000000-000165

Massachusetts Hampden County Springfield 01105 Old Hill

229 Walnut St, Springfield, MA

Not Listed for Sale

MultiFamily

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