NOT LISTED FOR SALE

23 Sumner Terrace Springfield, MA 01108

Forest Park Neighborhood

Estimated Value: $386,000 - $426,000

8 Beds
3 Baths
3,538 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $303,000 $86 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,522/month

18 Days on Market

Highlights

  • 1 Fireplace
  • 4 Car Garage
  • Level Lot

About This Home

As of April 2023

BACK ON THE MARKET, buyer wanted more room. Don't miss this 3,500 sq ft +/- 2 family, set on a cul-de-sac and across from Forest Park entrance, conveniently located. This 2 family offers 2 two car garages, a newer roof and replacement windows. 1st floor apartment offers an updated bathroom and beautiful wood floors. Second floor unit offers an updated kitchen, updated bathroom and beautiful wood floors. The third floor, offers more living space, with a full bathroom and several extra rooms. Owner occupied and investors don't miss this opportunity. 2nd floor apartment will be delivered vacant.

Last Agent to Sell the Property

Indra Harris

NextHome Elite Realty Listed on: 02/08/2023

NextHome Elite Realty

Last Buyer's Agent

Tanisha Salmon

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 1909

Lot Details

  • 8,734 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 3,538 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • 2 Heating Zones

Listing and Financial Details

  • Total Actual Rent $2,200
  • Rent includes unit 3(heat electric water)
  • Assessor Parcel Number S:11284 P:0019,2608011

Community Details

Overview

  • 2 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,041

Year Built

Built in 1909

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1909
  • 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: Yes
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3538
  • Stories Total: 6
  • MAIN LO: AN5708
  • MAIN SO: BB4624

Exterior Features

  • Foundation Details: Brick/Mortar
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Rent Includes: Unit 3(Heat,Electric,Water)

Lot Info

  • Parcel Number: S:11284 P:0019,2608011
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Other
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8734
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4041

Multi Family

  • Net Operating Income: 26400
  • Number Of Units Total: 2
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Apr 4, 2023
Sold by
Craig Robert L
Bought by
Lewin Joseph
Seller's Agent
Indra Harris
NextHome Elite Realty
Buyer's Agent
Tanisha Salmon
Keller Williams Realty
List Price
$299,900
Sold Price
$303,000
Premium/Discount to List
$3,100
1.03%
Views
171
Current Estimated Value
$405,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,350
Avg. Annual Appreciation
11.21%
Original Mortgage
$227,250
Outstanding Balance
$220,336
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,014

Purchase Details

Listed on
Apr 1, 2018
Closed on
Jul 2, 2018
Sold by
Andre Michael J
Bought by
Craig Robert L and Craig Robert L
Seller's Agent
Diane Fisher
Coldwell Banker Realty - Western MA
Buyer's Agent
Paul Bernardes
The Property Shop Real Estate
List Price
$149,900
Sold Price
$165,000
Premium/Discount to List
$15,100
10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$195,153
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2012
Sold by
Andre John F and Andre Ferne W
Bought by
Andre Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Fj & M Mgmt Corp
Bought by
Andre Ferne W and Andre John F

Purchase Details

Closed on
Aug 2, 2007
Sold by
Andre Ferne W and Andre John F
Bought by
Fj & M Mgmt Corp

Purchase Details

Closed on
Jan 9, 2003
Sold by
Thomas Richard D and Thomas Richard S
Bought by
Andre Fern W and Andre John F
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
Lewin Joseph $303,000 None Available
Lewin Joseph $303,000 None Available
Craig Robert L $165,000 --
Andre Michael J $145,000 --
Andre Michael J $145,000 --
Andre Michael J $145,000 --
Andre Ferne W -- --
Andre Ferne W -- --
Andre Ferne W -- --
Fj & M Mgmt Corp -- --
Fj & M Mgmt Corp -- --
Fj & M Mgmt Corp -- --
Andre Fern W $139,900 --
Andre Fern W $139,900 --
Andre Fern W $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewin Joseph $227,250
Closed Lewin Joseph $227,250
Previous Owner Craig Robert L $195,153
Previous Owner Andre Michael J $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $303,000 +1.0% $86 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $299,900 0.0% $85 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $299,900 +81.8% $85 / Sq Ft
07/02/2018 07/02/18 Sold $165,000 +10.1% $47 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $149,900 -- $42 / 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 $4,848 $309,200 $26,000 $283,200
2024 $4,770 $297,000 $24,300 $272,700
2023 $4,060 $238,100 $23,100 $215,000
2022 $4,041 $214,700 $21,100 $193,600
2021 $3,752 $198,500 $19,200 $179,300
2020 $3,240 $165,900 $19,200 $146,700
2019 $3,289 $167,100 $19,200 $147,900
2018 $3,511 $178,400 $19,200 $159,200
2017 $3,309 $168,300 $15,400 $152,900
2016 $3,053 $155,300 $15,400 $139,900
2015 $3,006 $152,800 $15,400 $137,400
Source: Public Records

Agents Affiliated with this Home

  • Indra Harris

    Seller's Agent in 2023

    Indra Harris

    NextHome Elite Realty

    (413) 314-8883

    7 in this area

    57 Total Sales

    Indra Harris
    Section Image
  • Tanisha Salmon

    Buyer's Agent in 2023

    Tanisha Salmon

    Keller Williams Realty

    (617) 818-9979

    6 in this area

    54 Total Sales

    Tanisha Salmon
    Section Image

  • D

    Seller's Agent in 2018

    Diane Fisher

    Coldwell Banker Realty - Western MA

    Section Image

  • P

    Buyer's Agent in 2018

    Paul Bernardes

    The Property Shop Real Estate

    8 Total Sales

    Paul Bernardes
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73077182

MLS Property Information Network (MLS PIN)

APN: SPRI-011284-000000-000019

Massachusetts Hampden County Springfield 01108 Forest Park

23 Sumner Terrace, Springfield, MA

Not Listed for Sale

MultiFamily

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