NOT LISTED FOR SALE

321 Water St Unit 323 Indian Orchard, MA 01151

Estimated Value: $263,030 - $329,000

4 Beds
2 Baths
1,680 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $183,000 $109 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,909/month

17 Days on Market

About This Home

As of October 2021

Welcome to Indian Orchard! This excellent investment property is located just minutes from the Mass Pike and has a great income history. Each unit has 2 bedrooms, 1bath, a living room, and an eat-in kitchen. All units have separate utilities and separate driveways. One unit also comes with a 1-car garage! Purchase this property alone or as a packaged deal with 343-345 Water Street, Indian Orchard.

Last Agent to Sell the Property

Mela Dieujuste

IVerty Realty, LLC Listed on: 06/23/2021

Last Buyer's Agent

Jessica Smith

Coldwell Banker Realty - Sturbridge License #453014218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,091

Year Built

  • 1890

Lot Details

  • 9,148

Parking

  • 1

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,091

Year Built

1890

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: GPS
  • Garage Yn: Yes
  • Efficiency: Varies per Unit
  • Green Power: Solar
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Appliances: Unit 2(Range,Refrigerator), Gas Water Heater,Electric Water Heater,Water Heater(Varies Per Unit), Utility Connections Varies per Unit
  • Has Basement: Full, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AC1909
  • LIST PRICE PER Sq Ft: 98.21
  • PRICE PER Sq Ft: 108.93
  • MAIN SO: AN6181
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood,Tile,Vinyl,Varies Per Unit
  • Interior Amenities: Unit 1(Lead Certification Available,High Speed Internet Hookup,Bathroom With Tub), Unit 2(Bathroom With Tub,Internet Available - Unknown), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Stories: 4
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage, Varies per Unit
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Solar Panels Belong To Long Term Tenant In Unit 323 And Can Remain As Such. Owner Is Currently Working On Obtaining A Copy Of The Solar Contract To Be Made Available If A Transfer Is Desired By The New Owner.
  • Fencing: Fenced/Enclosed
  • Patio And Porch Features: Enclosed
  • Waterfront Features: Waterfront, River, Public
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Heating: Unit 1(Oil), Unit 2(Electric,Passive Solar)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School

Schools

  • Elementary School: Indian Orchard
  • Middle Or Junior School: John F. Kennedy

Lot Info

  • LOT SIZE: 9309
  • PAGE: 18
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9147.6
  • Zoning: R2

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Annual Gross Income: 20520
  • Property Net Operating Income: 20520
  • Number Of Units Total: 2
  • Total Actual Rent: 1710

Tax Info

  • Tax Annual Amount: 2483
  • Tax Book Number: 18110
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 22, 2021
Sold by
Ziolkowski Meeghan A
Bought by
Saporito Jared
Seller's Agent
Mela Dieujuste
IVerty Realty, LLC
Buyer's Agent
Jessica Smith
Coldwell Banker Realty - Sturbridge
List Price
$165,000
Sold Price
$183,000
Premium/Discount to List
$18,000
10.91%
Current Estimated Value
$303,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,075
Avg. Annual Appreciation
14.11%
Original Mortgage
$179,685
Outstanding Balance
$165,624
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$137,385

Purchase Details

Closed on
Jan 19, 2017
Sold by
Cavatorta Michael
Bought by
Cavatorta Michael J and Ziolkowski Meeghan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,100
Interest Rate
4.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2009
Sold by
Citimortgage Inc
Bought by
Cavatorta Michael

Purchase Details

Closed on
Mar 23, 2009
Sold by
Citimortgage Inc and Vermette Joseph L
Bought by
Citmortgage Inc

Purchase Details

Closed on
Apr 1, 2005
Sold by
321 Water St Rt
Bought by
Vermette Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1989
Sold by
Willette Wallace
Bought by
Cable Russell T

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
10.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saporito Jared $183,000 None Available
Cavatorta Michael J -- --
Cavatorta Michael $60,000 --
Citmortgage Inc $85,068 --
Vermette Joseph L $138,000 --
Cable Russell T $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saporito Jared $179,685
Closed Saporito Jared $4,000
Previous Owner Cavatorta Michael J $65,100
Previous Owner Cable Russell T $56,700
Previous Owner Vermette Joseph L $14,384
Previous Owner Vermette Joseph L $161,500
Previous Owner Vermette Joseph L $138,000
Previous Owner Cable Russell T $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $183,000 +10.9% $109 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $165,000 -- $98 / 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 $3,091 $197,100 $45,700 $151,400
2024 $2,862 $178,200 $42,700 $135,500
2023 $2,977 $174,600 $35,000 $139,600
2022 $2,524 $134,100 $32,700 $101,400
2021 $2,483 $131,400 $29,800 $101,600
2020 $2,461 $126,000 $29,800 $96,200
2019 $2,448 $124,400 $30,800 $93,600
2018 $2,448 $124,400 $30,800 $93,600
2017 $2,229 $113,400 $26,200 $87,200
2016 $1,937 $98,500 $26,200 $72,300
2015 $1,859 $94,500 $26,200 $68,300
Source: Public Records

Agents Affiliated with this Home

  • Mela Dieujuste

    Seller's Agent in 2021

    Mela Dieujuste

    IVerty Realty, LLC

    (413) 786-0584

    4 in this area

    68 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Smith

    Coldwell Banker Realty - Sturbridge

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72854435

MLS Property Information Network (MLS PIN)

APN: SPRI-012040-000000-000055

Massachusetts Hampden County Indian Orchard 01151

321 Water St Unit 323, Indian Orchard, MA

This home is located at 321 Water St Unit 323, Indian Orchard, MA 01151 since 23 June 2021 and is currently estimated at $303,008, approximately $180 per square foot. This property was built in 1890. 321 Water St Unit 323 is a home located in Hampden County with nearby schools including Indian Orchard Elementary School, John F. Kennedy Academy, and Roger L. Putnam Vocational Technical Academy.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes