NOT LISTED FOR SALE

240 College St Unit 242 Springfield, MA 01109

Bay Neighborhood

Estimated Value: $187,000 - $376,000

9 Beds
3 Baths
3,816 Sq Ft
$74/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $180,000 $47 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,605/month

218 Days on Market

About This Home

As of March 2017

Great Find For the Upper Hill of Springfield Great Investment Property with Rents over $2500 per Month. Close to AIC and STCC Colleges. Close to Shopping, Laundry, Clothing Stores, Beauty Salons, Barber Shops and Banks. Vinyl Siding and Replacement Windows, Roof will pass FHA standards. Run don't Walk !! Realize Your Investment Dreams Today!! Rents represent H AP standard Rents!!

Last Agent to Sell the Property

Robin Jones

Stamps - Williams Family Realty Listed on: 06/02/2016

Last Buyer's Agent

Victor Bortolussi

Berkshire Hathaway HomeServices Realty Professionals

Berkshire Hathaway HomeServices Realty Professionals

Property Details

Home Type

Multi-Family

Year Built

1913

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Commission: 2.50
  • Other Agent: 2.50
  • Seller Agency: 2.50
  • Sub-Agency Relationship Offered: Yes
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1913

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Foundation: Brick, Other (See Remarks)

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: S:03020 P:0043
  • Zoning: R2

Multi Family

  • Heating Common: Gas
  • Interior Features Common: Hardwood Floors
  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 3100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2025
Sold by
Better Builders Const Llc
Bought by
For Better General Mgmt
Current Estimated Value
$281,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Outstanding Balance
$390,095
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$108,595

Purchase Details

Closed on
Sep 26, 2023
Sold by
Mede Miche
Bought by
Better Builders Const Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 2, 2016
Closed on
Mar 31, 2017
Sold by
Stephens Charmaine
Bought by
Mede Miche
Seller's Agent
Robin Jones
Stamps - Williams Family Realty
Buyer's Agent
Victor Bortolussi
Berkshire Hathaway HomeServices Realty Professionals
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$176,739
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2005
Sold by
Dowell William A
Bought by
Stephens Charmaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,402
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2002
Sold by
Wells Fargo Bk Mn Na
Bought by
Dowell William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1998
Sold by
Leroys Mgmt Svcs Inc
Bought by
Bermudez Luz I

Purchase Details

Closed on
Oct 23, 1998
Sold by
Bank Of Ny
Bought by
Leroys Mgmt Svc Inc

Purchase Details

Closed on
Oct 30, 1997
Sold by
Headley Louise E and Bank Of Ny
Bought by
Bank Of Ny

Purchase Details

Closed on
Sep 25, 1995
Sold by
Money Store
Bought by
Headley Louise E

Purchase Details

Closed on
Mar 6, 1995
Sold by
Reaves Kimble
Bought by
Money Store Inc
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
For Better General Mgmt -- --
Better Builders Const Llc $80,000 None Available
Mede Miche $180,000 --
Stephens Charmaine $198,000 --
Stephens Charmaine $198,000 --
Dowell William A $77,000 --
Dowell William A $77,000 --
Bermudez Luz I $75,000 --
Leroys Mgmt Svc Inc $26,000 --
Bank Of Ny $23,500 --
Headley Louise E $54,000 --
Money Store Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open For Better General Mgmt $391,500
Previous Owner Better Builders Const Llc $272,000
Previous Owner Mede Miche $176,739
Previous Owner Stephens Charmaine $196,402
Previous Owner Dowell William A $117,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $180,000 0.0% $47 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
12/31/2016 12/31/16 Off Market $180,000 -- --
12/02/2016 12/02/16 Price Changed $175,000 -2.8% $46 / Sq Ft
09/12/2016 09/12/16 For Sale $180,000 0.0% $47 / Sq Ft
09/02/2016 09/02/16 Off Market $180,000 -- --
08/13/2016 08/13/16 For Sale $180,000 0.0% $47 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $180,000 -- $47 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $1,711 $109,100 $29,300 $79,800
2024 $1,410 $87,800 $29,300 $58,500
2023 $4,660 $273,300 $26,600 $246,700
2022 $5,104 $271,200 $24,900 $246,300
2021 $4,544 $240,400 $22,600 $217,800
2020 $4,193 $214,700 $22,600 $192,100
2019 $3,908 $198,600 $22,600 $176,000
2018 $4,093 $192,700 $22,600 $170,100
2017 $3,745 $190,500 $22,600 $167,900
2016 $3,696 $188,000 $22,600 $165,400
2015 $3,678 $187,000 $22,600 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72015564

MLS Property Information Network (MLS PIN)

APN: SPRI-003020-000000-000043