NOT LISTED FOR SALE

28 Adams St Chicopee, MA 01013

Willimansett Neighborhood

Estimated Value: $442,000 - $506,000

9 Beds
3 Baths
4,038 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $430,000 $106 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,878/month

13 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Shops
  • Deck
  • Park
  • Coin Laundry

About This Home

As of June 2023

This beautiful three-family home offers a great opportunity for investors to own a well-maintained property very spacious units have all been updated with newer kitchens, baths, flooring, lighting and paint. Each unit has large LR, three bedrooms, kitchen with island and walk-in pantry with washer/dryer hook ups, and large full bath. This home has been meticulously cared for! All units have same footprint. Gas heat and gas cooking, all separate utilities, newer windows, water heaters and appliances, hardwood floors, large back porches and new front entrances. Lead compliant certificates for all 3 units are available. each unit rents for $1400 and cash-flowing!The property is located in a desirable neighborhood, close to schools, parks, and shopping centers, making it an ideal location for renters or owner-occupiers. With its excellent condition and prime location, this three-family house is a must-see for anyone looking for a solid investment in the Chicopee real estate market.

Last Agent to Sell the Property

Armando Roman

Signature Realty Listed on: 03/14/2023

Last Buyer's Agent

Josbel Nazario

Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,880

Year Built

  • Built in 1900

Lot Details

  • 3,650

Home Design

  • 4,038 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • 3 Heating Zones
  • 110 Volts

Additional Features

  • Washer
  • Deck
  • 3,650 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,200
  • Assessor Parcel Number M:0582 P:00022,2510345

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,880

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • 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

  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Lead Certification Available), Unit 2(Ceiling Fans,Pantry,Lead Certification Available), Unit 3(Ceiling Fans,Lead Certification Available)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator)
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 4038
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1364
  • MAIN SO: AN1364

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0582 P:00022,2510345
  • Zoning: 13
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3650
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3880

Multi Family

  • Net Operating Income: 33600
  • Number Of Units Total: 3
  • Total Actual Rent: 4200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jun 6, 2023
Sold by
Mint Realty Group Llc
Bought by
Kalule Musah J
Seller's Agent
Armando Roman
Signature Realty
Buyer's Agent
Josbel Nazario
Signature Realty
List Price
$406,000
Sold Price
$430,000
Premium/Discount to List
$24,000
5.91%
Views
156
Current Estimated Value
$482,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,655
Avg. Annual Appreciation
4.54%
Original Mortgage
$412,392
Outstanding Balance
$400,569
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$82,086

Purchase Details

Listed on
Nov 22, 2021
Closed on
Feb 17, 2022
Sold by
Cloutier Gary M
Bought by
Mint Realty Group Llc
Seller's Agent
Julie Warzecka
Neilsen Realty LLC
Buyer's Agent
Armando Roman
Signature Realty
List Price
$300,000
Sold Price
$330,000
Premium/Discount to List
$30,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.39%
Original Mortgage
$280,500
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1996
Sold by
Cloutier Ronald G and Ruiz Pam L
Bought by
Cloutier Ronald G and Cloutier Gary M

Purchase Details

Closed on
Oct 27, 1995
Sold by
Mahoney Francis J and Mahoney Yvette
Bought by
Cloutier Ronald G and Ruiz Pam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,429
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kalule Musah J $440,000 None Available
Mint Realty Group Llc $330,000 None Available
Cloutier Ronald G $3,500 --
Cloutier Ronald G $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalule Musah J $412,392
Previous Owner Mint Realty Group Llc $280,500
Previous Owner Cloutier Ronald G $45,429
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2023 06/09/23 Sold $430,000 +5.9% $106 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $406,000 +23.0% $101 / Sq Ft
02/17/2022 02/17/22 Sold $330,000 +10.0% $82 / Sq Ft View Prior Sale
11/24/2021 11/24/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $300,000 -- $74 / 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 $4,545 $299,800 $52,400 $247,400
2024 $4,202 $284,700 $51,400 $233,300
2023 $3,880 $256,100 $46,700 $209,400
2022 $3,838 $225,900 $40,600 $185,300
2021 $3,631 $206,200 $36,900 $169,300
2020 $3,391 $194,200 $36,900 $157,300
2019 $3,344 $186,200 $36,900 $149,300
2018 $3,268 $178,500 $35,200 $143,300
2017 $2,972 $171,700 $38,300 $133,400
2016 $2,954 $174,700 $38,300 $136,400
2015 $2,764 $157,600 $38,300 $119,300
2014 $1,382 $157,600 $38,300 $119,300
Source: Public Records

Agents Affiliated with this Home

  • Armando Roman

    Seller's Agent in 2023

    Armando Roman

    Signature Realty

    (413) 505-2891

    6 in this area

    117 Total Sales

    Armando Roman
    Section Image
  • Josbel Nazario

    Buyer's Agent in 2023

    Josbel Nazario

    Signature Realty

    (413) 561-5188

    4 in this area

    64 Total Sales

    Josbel Nazario
    Section Image
  • Julie Warzecka

    Seller's Agent in 2022

    Julie Warzecka

    Neilsen Realty LLC

    (413) 575-6075

    4 in this area

    128 Total Sales

    Julie Warzecka
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73087443

MLS Property Information Network (MLS PIN)

APN: CHIC-000582-000000-000022

Massachusetts Hampden County Chicopee 01013 Willimansett

28 Adams St, Chicopee, MA

Not Listed for Sale

MultiFamily

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