NOT LISTED FOR SALE

31 Indian Hill Florence, MA 01062

Florence Neighborhood

Estimated Value: $423,000 - $595,000

4 Beds
4.5 Baths
1,908 Sq Ft
$274/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2023

Last sale price $450,000 $236 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,374 / mo

160 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Wood Flooring
  • Northampton High School Rated A-
  • Wooded Lot
  • Cul-De-Sac

About This Home

As of May 2023

Location, Location, Location! Unique Opportunity to Invest in this beautiful two-family built in 1987; with tenants that would love to remain. The 1st unit offers 2 bedrooms, 3 full bathrooms, large living room with nice floors through-out with slider to deck, washer & dyer hook-ups and spacious kitchens. The 2nd unit offers 2 Bedrooms, 1.5 bathrooms and more. Features include: maintenance free; vinyl siding, two individually metered circuit breaker panels, 2 gas furnaces, newer 2 hot water tanks "But wait, there's more!" A Nice size attached garage and shed for your car plus all the bikes, tools and toys you own! Convenient....To Most Everything!

Last Agent to Sell the Property

Daisy Sanchez

RE/MAX IGNITE Listed on: 10/04/2022

RE/MAX IGNITE

Last Buyer's Agent

Lisa Palumbo

Delap Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1987

Lot Details

  • 15,268 Sq Ft Lot
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 1 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,908 Sq Ft Home
  • Insulated Windows
  • Laundry Room

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Property is near public transit

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,150
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0029 B:0546 L:0001

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Additional Features

  • Shops
  • Net Operating Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,587

Year Built

Built in 1987

Lot Details

0.35 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1987
  • 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: 5

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Living RM/Dining RM Combo,Mudroom,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Wall Oven,Dishwasher,Disposal,Refrigerator,Vent Hood), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Vent Hood), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Partial, Partially Finished, Interior Entry
  • Living Area: 1908
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Insulated Windows
  • MAIN LO: AN2829
  • MAIN SO: M95332

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Central Heat,Forced Air,Gas), Unit 2(Central Heat,Forced Air,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0029 B:0546 L:0001
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Wooded
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15268
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6587

Multi Family

  • Net Operating Income: 37800
  • Number Of Units Total: 2
  • Total Actual Rent: 3150
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
May 12, 2023
Sold by
Bought by
Seller's Agent
Daisy Sanchez
RE/MAX IGNITE
Buyer's Agent
Lisa Palumbo
Delap Real Estate LLC
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Views
158
Current Estimated Value
$523,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,265
Avg. Annual Appreciation
4.81%
Original Mortgage
$307,700
Outstanding Balance
$295,967
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,298

Purchase Details

Closed on
Aug 27, 2021
Sold by
Bought by

Purchase Details

Closed on
May 29, 2007
Sold by
Bought by

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
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$447,000 None Available
-- None Available
$185,000 --
$185,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $307,700
Previous Owner $272,000
Previous Owner $255,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $450,000 -10.0% $236 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
11/07/2022 11/07/22 Price Changed $499,900 -4.8% $262 / Sq Ft
10/26/2022 10/26/22 For Sale $525,000 0.0% $275 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $525,000 -- $275 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,280 $450,800 $150,400 $300,400
2024 $6,974 $459,100 $150,400 $308,700
2023 $6,403 $404,200 $136,600 $267,600
2022 $6,587 $368,200 $127,800 $240,400
2021 $6,342 $365,100 $121,800 $243,300
2020 $6,134 $365,100 $121,800 $243,300
2019 $5,506 $317,000 $106,800 $210,200
2018 $5,380 $315,700 $106,800 $208,900
2017 $5,269 $315,700 $106,800 $208,900
2016 $5,102 $315,700 $106,800 $208,900
2015 $4,598 $291,000 $86,800 $204,200
2014 $4,478 $291,000 $86,800 $204,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73044246

MLS Property Information Network (MLS PIN)

APN: NHAM-000029-000546-000001

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