NOT LISTED FOR SALE

25 E School St Unit 27 West Springfield, MA 01089

Estimated Value: $310,000 - $419,000

2 Beds
1 Bath
2,828 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $180,000 $64 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,419/month

42 Days on Market

About This Home

As of August 2013

Definitely a Real Money Maker is this well maintained vinyl sided three family with newer dimensional roof, nice backyard with plenty of parking. All separate utilities, gas heat, long term tenants on a month to month basis. Conveniently located on a non-thru street, nearby shopping, public transportation. Gas stoves in units 1 & 2, 3rd is electric. 2nd Flr H2O heater is Electric 1st & 3rd are gas. Great opportunity for investors. Let the rents pay your mortgage.

Last Listed By

Laura Kuhnel

Coldwell Banker Realty - Western MA Listed on: 05/21/2013

Coldwell Banker Realty - Western MA

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,727

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, City View(s), Cleared
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Flooring: Wood, Laminate
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior Features: Patio, Gutters, Storage Shed, Fenced Yard
  • Foundation: Brick

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Aug 1, 2013
Sold by
Schwarzkopf Karl F
Bought by
Rai Chitra K
Seller's Agent
Laura Kuhnel
Coldwell Banker Realty - Western MA
Buyer's Agent
Arthur Javadian
Interstate Realty Group, LLC
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Total Days on Market
42
Current Estimated Value
$361,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,715
Avg. Annual Appreciation
6.40%
Original Mortgage
$176,739
Outstanding Balance
$132,755
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$242,416

Purchase Details

Closed on
Jul 16, 2004
Sold by
Schwarzkopf Eileen P and Schwarzkopf Karl F
Bought by
Schwarzkopf Karl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,300
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Schwarzkopf Karl F
Bought by
Schwarzkopf Eileen P and Schwarzkopf Karl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.99%

Purchase Details

Closed on
Aug 27, 1997
Sold by
Weiss John P and Weiss Kathleen A
Bought by
Schwarzkopf Karl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,650
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1988
Sold by
Weiss Martin T
Bought by
Weiss John P

Range of Values:

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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
Rai Chitra K $180,000 --
Rai Chitra K $180,000 --
Schwarzkopf Karl F -- --
Schwarzkopf Karl F -- --
Schwarzkopf Eileen P -- --
Schwarzkopf Eileen P -- --
Schwarzkopf Karl F $76,290 --
Schwarzkopf Karl F $76,290 --
Weiss John P $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rai Chitra K $176,739
Closed Rai Chitra K $176,739
Previous Owner Schwarzkopf Karl F $67,300
Previous Owner Schwarzkopf Karl F $65,000
Previous Owner Weiss John P $68,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $180,000 -5.2% $64 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $189,900 -- $67 / 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 $4,727 $317,900 $85,200 $232,700
2024 $4,708 $317,900 $85,200 $232,700
2023 $4,054 $259,300 $85,200 $174,100
2022 $4,033 $255,900 $77,300 $178,600
2021 $3,297 $195,100 $61,800 $133,300
2020 $3,315 $195,100 $61,800 $133,300
2019 $3,309 $195,100 $61,800 $133,300
2018 $3,326 $195,100 $61,800 $133,300
2017 $3,326 $195,100 $61,800 $133,300
2016 $3,274 $192,700 $59,400 $133,300
2015 $3,082 $181,400 $58,200 $123,200
2014 $2,977 $181,400 $58,200 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71529252

MLS Property Information Network (MLS PIN)

APN: WSPR-000227-000250-000018