T
Seller's Agent in 2024
The Generation Group
Coldwell Banker Realty - Western MA
7 in this area
176 Total Sales
29-31 Ledyard St Springfield, MA 01104
Liberty Heights NeighborhoodEstimated Value: $344,536 - $413,000
9
Beds
3
Baths
3,057
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Porch
- Bathtub with Shower
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- 3-minute walk to Gurdon-Bill Park
About This Home
As of April 2024Attention investors and owner-occupants! This fully renovated two-family in Springfield is a lucrative opportunity for all buyers!. Having gone through extensive renovations in 2019, this property includes new heating systems (forced hot air),2 NEW electric panels, plumbing, electrical throughout the property, front porch, & masonry work. In Unit #1,first floor is rented at market rate with great long-term tenants looking to stay. In Unit #2, enjoy a fully vacant 6-bed, 2-bath unit on the second & third floors, spanning over 2,000 sqft! Unit #2 has been approved by Wayfinders to be rentable at $2,792/month, heat/electric not included, so the potential total gross rent is $4,342/month in current condition for investors, or move right into the second floor& start building a real estate portfolio. Start your cash flow journey now! Each unit features a washer/dryer in-unit. All info APO.
Last Agent to Sell the Property
Coldwell Banker Realty - Western MA Listed on: 03/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,623
Year Built
- Built in 1901
Lot Details
- 5,502 Sq Ft Lot
- Cleared Lot
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,057 Sq Ft Home
- Property has 1 Level
- Living Room
- Range
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Porch
- Property is near public transit
Community Details
- 2 Units
- Net Operating Income $18,600
Listing and Financial Details
- Total Actual Rent $1,550
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number S:07637 P:0018,2591654
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2024
Closed on
Apr 23, 2024
Sold by
Pontiac Llc
Bought by
Ruiz Carlos
Seller's Agent
The Generation Group
Coldwell Banker Realty - Western MA
Buyer's Agent
Giovanna Belen-Velazquez
The Neighborhood Realty Group
List Price
$350,000
Sold Price
$370,000
Premium/Discount to List
$20,000
5.71%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,634
Avg. Annual Appreciation
0.27%
Original Mortgage
$351,500
Outstanding Balance
$345,438
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$26,196
Purchase Details
Closed on
Nov 10, 2022
Sold by
Pastoriza Celia
Bought by
Pontiac Llc
Purchase Details
Closed on
Aug 8, 2021
Sold by
196-198 Bowdoin St Rlty
Bought by
Pastoriza Celia
Purchase Details
Closed on
Feb 6, 2020
Sold by
Pastoriza Celia G
Bought by
196 & 198 Bowdoin St Rlty
Purchase Details
Closed on
May 14, 2018
Sold by
196 & 198 Bowdoin St Realty
Bought by
Pastoriza Celia G
Purchase Details
Closed on
Apr 18, 2018
Sold by
Jones Jonathan C
Bought by
196-198 Bowdoin St Rea
Purchase Details
Closed on
Aug 20, 2009
Sold by
Bank Of New York Mello
Bought by
Jones Jonathan C
Purchase Details
Closed on
Jul 2, 2009
Sold by
Lopez Nereida and Bank Of New York Mello
Bought by
Bank Of New York Mello
Purchase Details
Closed on
Jun 28, 2005
Sold by
Brathwaite Phonzo C and Brathwaite Thelma M
Bought by
Lopez Nereida
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruiz Carlos | $370,000 | None Available | |
| Pontiac Llc | -- | None Available | |
| Pontiac Llc | -- | None Available | |
| Pastoriza Celia | -- | None Available | |
| Pastoriza Celia | -- | None Available | |
| 196 & 198 Bowdoin St Rlty | -- | None Available | |
| Pastoriza Celia G | -- | None Available | |
| 196-198 Bowdoin St Rea | $100,000 | -- | |
| Jones Jonathan C | $44,000 | -- | |
| Jones Jonathan C | $44,000 | -- | |
| Jones Jonathan C | $44,000 | -- | |
| Bank Of New York Mello | $162,031 | -- | |
| Bank Of New York Mello | $162,031 | -- | |
| Bank Of New York Mello | $162,031 | -- | |
| Lopez Nereida | $168,000 | -- | |
| Lopez Nereida | $168,000 | -- | |
| Lopez Nereida | $168,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruiz Carlos | $351,500 | |
| Previous Owner | Lopez Nereida | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $370,000 | +13.8% | $121 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | Price Changed | $325,000 | -7.1% | $106 / Sq Ft |
| 03/26/2024 03/26/24 | For Sale | $350,000 | -- | $114 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,083 | $260,400 | $30,600 | $229,800 |
| 2024 | $3,798 | $236,500 | $30,600 | $205,900 |
| 2023 | $3,623 | $212,500 | $27,800 | $184,700 |
| 2022 | $3,679 | $195,500 | $26,000 | $169,500 |
| 2021 | $3,081 | $163,000 | $23,600 | $139,400 |
| 2020 | $2,728 | $139,700 | $23,600 | $116,100 |
| 2019 | $2,570 | $130,600 | $23,600 | $107,000 |
| 2018 | $2,740 | $137,200 | $23,600 | $113,600 |
| 2017 | $2,501 | $127,200 | $17,100 | $110,100 |
| 2016 | $2,399 | $122,000 | $17,100 | $104,900 |
| 2015 | $2,274 | $115,600 | $17,100 | $98,500 |
Source: Public Records
Agents Affiliated with this Home
-
The Generation Group
-
Jack Watson
Seller Co-Listing Agent in 2024
Jack Watson
Coldwell Banker Realty - Western MA
(508) 237-6647
2 in this area
57 Total Sales
-
Giovanna Belen-Velazquez
G
Buyer's Agent in 2024
Giovanna Belen-Velazquez
The Neighborhood Realty Group
1 in this area
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73216341
APN: SPRI-007637-000000-000018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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