NOT LISTED FOR SALE

24 Palmer Ave Unit 26 Springfield, MA 01108

South End Neighborhood

Estimated Value: $377,317 - $422,000

6 Beds
2 Baths
4,084 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $231,000 $57 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,499/month

2 Days on Market

About This Home

As of December 2021

One vacant unit in this HUGE two family home! This duplex has side by side units with separate entrances, each containing a dining room, living room, kitchen, 3 bedrooms and 1 bathroom. Hardwood floors throughout, updated bathrooms, large bedrooms all located on a nice size lot with plenty of parking. The right side tenant is month to month and paying $1000 in rent. Separate utilities, newer boiler and newer furnace, and updated electrical. Perfect for a first time homebuyer or investor.

Last Agent to Sell the Property

Sarah Nelson

Chestnut Oak Associates Listed on: 10/01/2021

Last Buyer's Agent

Eileen Fowler

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 7,405

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: off Main st.
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1898

Interior Features

  • Appliances: Range, Refrigerator, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator)
  • MAIN LO: M54500
  • MAIN SO: M95273
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood Flooring
  • Interior Amenities: Bathroom With Tub & Shower, Other (See Remarks), Unit 1(Bathroom With Tub), Unit 2(Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 4

Exterior Features

  • Foundation Details: Brick/Mortar
  • Disclosures: Unused Oil Tanks Will Be Removed Prior To Closing. Seller Is Related To List Agent.
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air,Baseboard, Unit 1(Hot Water Baseboard,Gas), Unit 2(Forced Air,Gas)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • LOT SIZE: 7301
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7405.2
  • Zoning: R2

Multi Family

  • LEVELS 1: 2
  • LEASE 2: N
  • LEASE 1: N
  • Annual Gross Income: 12000
  • Property Net Operating Income: 12000
  • Number Of Units Total: 2
  • Total Actual Rent: 1000

Tax Info

  • Tax Annual Amount: 3249
  • Tax Book Number: 21688
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 21, 2021
Sold by
Ajn Rentals Llc
Bought by
Alvarez Belkis
Seller's Agent
Sarah Nelson
Chestnut Oak Associates
Buyer's Agent
Eileen Fowler
Keller Williams Realty
List Price
$199,000
Sold Price
$231,000
Premium/Discount to List
$32,000
16.08%
Current Estimated Value
$391,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,296
Avg. Annual Appreciation
15.02%
Original Mortgage
$226,816
Outstanding Balance
$208,245
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$196,084

Purchase Details

Closed on
May 19, 2017
Sold by
Kelnate Realty Llc
Bought by
Ajn Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2017
Sold by
Hallerin Realty Llp
Bought by
Kelnate Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Deutsche Bank Natl T C
Bought by
Leyfred Rt and Paddington Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2009
Sold by
Kuria Mercy W
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Aug 4, 2006
Sold by
Githaiga Margaret W
Bought by
Kuria Mercy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Tourville Michael K
Bought by
Githaiga Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Guzman Angel
Bought by
Tourville Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Keough Francis
Bought by
Guzman Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1999
Sold by
Ciccheti Carl J
Bought by
Keough Francis
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
Alvarez Belkis $231,000 None Available
Ajn Rentals Llc $145,000 --
Kelnate Realty Llc -- --
Leyfred Rt $45,000 --
Deutsche Bank Natl T C $104,400 --
Kuria Mercy W $220,000 --
Githaiga Margaret W $149,900 --
Tourville Michael K $130,000 --
Guzman Angel $91,000 --
Keough Francis $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Belkis $226,816
Previous Owner Ajn Rentals Llc $107,000
Previous Owner Leyfred Rt $60,000
Previous Owner Kuria Mercy W $176,000
Previous Owner Kuria Mercy W $44,000
Previous Owner Githaiga Margaret W $119,900
Previous Owner Githaiga Margaret W $22,500
Previous Owner Tourville Michael K $104,000
Previous Owner Keough Francis $77,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $231,000 +16.1% $57 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $199,000 -- $49 / 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 $5,320 $339,300 $25,700 $313,600
2024 $4,524 $281,700 $24,000 $257,700
2023 $4,145 $243,100 $22,900 $220,200
2022 $3,928 $208,700 $20,800 $187,900
2021 $3,249 $171,900 $18,900 $153,000
2020 $3,205 $164,100 $18,900 $145,200
2019 $3,025 $153,700 $18,900 $134,800
2018 $3,165 $160,800 $18,900 $141,900
2017 $3,063 $155,800 $16,700 $139,100
2016 $2,575 $131,000 $16,700 $114,300
2015 $2,744 $139,500 $16,700 $122,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sarah Nelson

    Chestnut Oak Associates

    (413) 250-2112

    1 in this area

    50 Total Sales

    Sarah Nelson
    Section Image
  • Eileen Fowler

    Buyer's Agent in 2021

    Eileen Fowler

    Keller Williams Realty

    (413) 330-8819

    2 in this area

    99 Total Sales

    Eileen Fowler
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72902935

MLS Property Information Network (MLS PIN)

APN: SPRI-009455-000000-000008

Massachusetts Hampden County Springfield 01108 South End

24 Palmer Ave Unit 26, Springfield, MA

Not Listed for Sale

MultiFamily

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