$290,000
SOLD AUG 26, 2024
7 Beds
3 Baths
3,723 Sq Ft
5,576 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

9% Below List Price

46 Days on Market

About This Home

As of January 2025

Check out this expansive 3 family home on a non-through street in Forest Park! This 3700 sq ft house offers two 2 bedroom/ 1 bath units and one 3 bedroom/ 1 bath unit. Just a mile to the entrance of beautiful Forest Park and minutes to MGM Springfield Casino! Location offers convenient highway access, nearby shopping and public transportation. All units have separate utilities. This property does need work and is priced accordingly. Realtor.com listed Springfield, MA #7 in its "Top Ten Housing Markets for 2024" Don't miss this fantastic investment opportunity!

Last Agent to Sell the Property

Ron Rzeszutek

Gallagher Real Estate Listed on: 05/26/2024

Gallagher Real Estate

Co-Listed By

Lucy Bianchi

Gallagher Real Estate

Last Buyer's Agent

Paula Burke

Coldwell Banker Realty - Western MA

Coldwell Banker Realty - Western MA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,627

Year Built

  • Built in 1916

Lot Details

  • 5,576 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • 3,723 Sq Ft Home
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $3,192
  • Assessor Parcel Number S:10505 P:0005,2604526

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Building Details

  • Net Operating Income $38,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,627

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1916
  • Year Built Details: Actual
  • 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: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3723
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1364
  • LIST PRICE PER Sq Ft: 85.68
  • PRICE PER Sq Ft: 77.89
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:10505 P:0005,2604526
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5576
  • Lot Size Units: Acres
  • PAGE: 137
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3627
  • Tax Book Number: 24940

Multi Family

  • Gross Income: 38304
  • Net Operating Income: 38304
  • Number Of Units Total: 3
  • Total Actual Rent: 3192
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Crabapple Realty Llc
Bought by
Marget Jeffrey D
Total Days on Market
46
Current Estimated Value
$357,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2018
Closed on
Oct 30, 2018
Sold by
Castlerock 2017 Llc
Bought by
Crabapple Realty Llc
Seller's Agent
Steven Al-Husseini
Right Key Realty Inc.
Buyer's Agent
Lisa Guardione
HB Real Estate, LLC
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.77%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Wells Fargo Bank Na
Bought by
Castlerock 2017 Llc

Purchase Details

Closed on
Oct 21, 2016
Sold by
Otero Linette and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 31, 2013
Sold by
Acconcio Doris L Est and Acconcio
Bought by
Otero Linette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,238
Interest Rate
3.75%
Mortgage Type
FHA
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
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $83,000 --
Not Resolvable $25,100 --
Foreclosure Deed $124,800 --
Foreclosure Deed $124,800 --
Foreclosure Deed $124,800 --
Fiduciary Deed $109,000 --
Fiduciary Deed $109,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $257,087 Purchase Money Mortgage
Closed $257,087 Purchase Money Mortgage
Closed $246,500 Purchase Money Mortgage
Closed $37,000 Stand Alone Refi Refinance Of Original Loan
Closed $247,500 Purchase Money Mortgage
Closed $199,500 New Conventional
Previous Owner $128,238 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $342,783 -0.6% $92 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/10/2024 12/10/24 Price Changed $344,900 -1.4% $93 / Sq Ft
11/05/2024 11/05/24 For Sale $349,900 +20.7% $94 / Sq Ft
08/26/2024 08/26/24 Sold $290,000 -9.1% $78 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
05/26/2024 05/26/24 For Sale $319,000 +284.3% $86 / Sq Ft
10/30/2018 10/30/18 Sold $83,000 +0.1% $26 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/25/2018 09/25/18 Price Changed $82,900 -5.7% $26 / Sq Ft
08/17/2018 08/17/18 Price Changed $87,900 -12.0% $27 / Sq Ft
07/03/2018 07/03/18 For Sale $99,900 -- $31 / 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 $5,439 $346,900 $25,100 $321,800
2024 $5,171 $322,000 $23,400 $298,600
2023 $3,627 $212,700 $22,300 $190,400
2022 $3,491 $185,500 $20,300 $165,200
2021 $3,306 $174,900 $18,500 $156,400
2020 $3,283 $168,100 $18,500 $149,600
2019 $2,946 $149,700 $18,500 $131,200
2018 $2,816 $143,100 $18,500 $124,600
2017 $2,764 $140,600 $14,800 $125,800
2016 $2,723 $138,500 $14,800 $123,700
2015 $2,528 $128,500 $14,800 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73242623

MLS Property Information Network (MLS PIN)

APN: SPRI-010505-000000-000005