NOT LISTED FOR SALE

Estimated Value: $367,000 - $484,000

7 Beds
3 Baths
3,119 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $345,000 $111 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,663/month

3 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Corner Lot
  • Medical Services
  • Wood Flooring
  • Community Pool

About This Home

As of April 2022

Here is a great opportunity to own a 3-family home in the Heart of Chicopee. This property has been owned by the same family for 45 years and has been well cared for. This building is located near to Elms College, and is minutes away from the interstate 91 & 391 entrances and has quick access to the Mass Pike also. Parks, shops, restaurants and entertainment all located within a short drive from your future home or investment property. The building boasts over 3000SF of living area and has a total of 16 rooms, 8 bedrooms and 3 baths along with a 2 car garage set on a double lot. All units have hardwood floors, 2 of the 3 units have living room/ dining room combinations and are extremely bright from all of sunlight that comes through the numerous insulated windows through-out. Separate utilities for all 3 apartments (Gas & Electric) additionally 2 of the 3 units are currently vacant and ready for an owner occupant buyer or landlord ready to immediately rent.

Last Agent to Sell the Property

Carlos Dos Santos

Ideal Real Estate Services, Inc. Listed on: 02/04/2022

Last Buyer's Agent

Nelson Acosta

Witman Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,073

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,119 Sq Ft Home
  • Insulated Windows
  • Insulated Doors

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bowe Elementary School
  • Kevin A. Dupont Middle School
  • Chicopee High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $800
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0037 P:00052,2496296
  • Tax Block 00052

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,073

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1930
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl,Varies Per Unit, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(None), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 3119
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: NB1813
  • MAIN SO: AN7274

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • 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, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Steam,Gas,Unit Control), Unit 2(Steam,Gas,Unit Control), Unit 3(Forced Air,Electric Baseboard,Gas,Individual,Unit Control)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:0037 P:00052,2496296
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • LOT SIZE: 7546

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4073
  • Tax Block: 00052

Multi Family

  • Net Operating Income: 9600
  • Number Of Units Total: 3
  • Total Actual Rent: 800
  • LEVELS 1: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Chicopee High
  • Elementary School: Bowe
  • Middle Or Junior School: Kevin A. Dupont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 1, 2022
Sold by
Lopes Michael
Bought by
Milan Roberto C
Seller's Agent
Carlos Dos Santos
Ideal Real Estate Services, Inc.
Buyer's Agent
Nelson Acosta
Witman Properties, Inc.
List Price
$309,900
Sold Price
$345,000
Premium/Discount to List
$35,100
11.33%
Current Estimated Value
$427,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,785
Avg. Annual Appreciation
6.02%
Original Mortgage
$327,750
Outstanding Balance
$305,675
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,110
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Milan Roberto C $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milan Roberto C $327,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $345,000 +11.3% $111 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $309,900 -- $99 / 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 $4,953 $326,700 $88,700 $238,000
2024 $4,686 $317,500 $87,000 $230,500
2023 $4,378 $289,000 $79,100 $209,900
2022 $4,290 $252,500 $68,800 $183,700
2021 $4,073 $231,300 $62,600 $168,700
2020 $3,843 $220,100 $62,600 $157,500
2019 $3,750 $208,800 $62,600 $146,200
2018 $3,664 $200,100 $59,500 $140,600
2017 $3,311 $191,300 $59,500 $131,800
2016 $3,282 $194,100 $59,500 $134,600
2015 $3,396 $193,600 $59,500 $134,100
2014 $3,196 $193,600 $59,500 $134,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72938082

MLS Property Information Network (MLS PIN)

APN: CHIC-000037-000000-000052