NOT LISTED FOR SALE

322 Chapin Terrace Unit 324 Springfield, MA 01104

Liberty Heights Neighborhood

Estimated Value: $343,009 - $404,000

6 Beds
2 Baths
2,366 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $310,000 $131 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,355/month

1 Day on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Enclosed Patio or Porch
  • Property is near public transit
  • Jogging Path
  • Cooling Available

About This Home

As of May 2023

Great investment opportunity!! This Multi-family has two unit both with 3 bedrooms and a full bathroom, full kitchen and oversized pantry! Each unit has an enclosed porch off the front!! Oversized Dining and Living area, great for entertaining. Additional Attic Space for storage or a potential additional finished living space. Natural Gas and Radiant Heat, 2 car garage and partially fenced in back yard.

Last Agent to Sell the Property

Peter Vamvilis

Coldwell Banker Realty Listed on: 03/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Rula Baki

Berkshire Hathaway HomeServices Realty Professionals

Berkshire Hathaway HomeServices Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 1925

Lot Details

  • 5,737 Sq Ft Lot
  • Fenced
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,366 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2577808

Community Details

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,290

Year Built

Built in 1925

Lot Details

5,737 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Laminate, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Bathroom with Shower Stall), Unit 2(Pantry,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Living RM/Dining RM Combo,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Living RM/Dining RM Combo,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Freezer), Unit 2(Range,Refrigerator,Freezer), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 2366
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: AN7274

Exterior Features

  • Construction Materials: Stone
  • Fencing: Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2577808
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5737
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3290

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
May 9, 2023
Sold by
Stavarakis Ft and Psilakis
Bought by
Alsmail Mohamad A and Ismail Baraa
Seller's Agent
Peter Vamvilis
Coldwell Banker Realty
Buyer's Agent
Rula Baki
Berkshire Hathaway HomeServices Realty Professionals
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Views
359
Current Estimated Value
$370,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,252
Avg. Annual Appreciation
6.38%
Original Mortgage
$251,500
Outstanding Balance
$243,870
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,382
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

Date Buyer Sale Price Title Company
Alsmail Mohamad A $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alsmail Mohamad A $251,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $310,000 +3.4% $131 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/05/2023 03/05/23 For Sale $299,900 -- $127 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,881 $311,300 $30,800 $280,500
2024 $4,017 $250,100 $30,800 $219,300
2023 $3,864 $226,600 $28,000 $198,600
2022 $3,756 $199,600 $26,200 $173,400
2021 $3,290 $174,100 $23,800 $150,300
2020 $3,111 $159,300 $23,800 $135,500
2019 $2,974 $151,100 $23,800 $127,300
2018 $2,552 $144,400 $23,800 $120,600
2017 $2,552 $129,800 $25,300 $104,500
2016 $2,355 $119,800 $25,300 $94,500
2015 $2,410 $122,500 $25,300 $97,200
Source: Public Records

Agents Affiliated with this Home

  • Peter Vamvilis

    Seller's Agent in 2023

    Peter Vamvilis

    Coldwell Banker Realty

    (860) 916-6105

    1 in this area

    148 Total Sales

    Peter Vamvilis
    Section Image
  • Rula Baki

    Buyer's Agent in 2023

    Rula Baki

    Berkshire Hathaway HomeServices Realty Professionals

    (413) 883-2406

    6 in this area

    103 Total Sales

    Rula Baki
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73084322

MLS Property Information Network (MLS PIN)

APN: SPRI-002640-000000-000064

Massachusetts Hampden County Springfield 01104 Liberty Heights

322 Chapin Terrace Unit 324, Springfield, MA

Not Listed for Sale

MultiFamily

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