NOT LISTED FOR SALE

Estimated Value: $379,927 - $437,000

6 Beds
3 Baths
3,284 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $309,294 $94 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,578/month

12 Days on Market

About This Home

As of July 2022

Don't miss this amazing opportunity to purchase a cash-flowing rental property located in the heart of Springfield, MA! Tenants pay their own utilities which consists of gas forced hot air heat, gas hot water & electric. Enjoy this dead end road with easy highway access and ample parking for residents. Don't miss the open house on Saturday 5/28/2022 from 11:30am - 1:00pm.

Last Agent to Sell the Property

Dominic Santaniello

Naples Realty Group Listed on: 05/24/2022

Naples Realty Group

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

  • $3,994

Year Built

  • Built in 1890

Lot Details

  • 6,321

Home Design

  • Brick Foundation

Interior Spaces

  • 3,284 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Additional Features

  • 6,321 Sq Ft Lot
  • Gas Water Heater

Community Details

  • 3 Units
  • Net Operating Income $32,400

Listing and Financial Details

  • Total Actual Rent $2,700
  • Assessor Parcel Number S:00080 P:0037,2570209

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,994

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Living Area: 3284
  • Stories Total: 3
  • MAIN LO: AN6415
  • MAIN SO: AN7274

Exterior Features

  • Foundation Details: Brick/Mortar
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: S:00080 P:0037,2570209
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6321
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3994

Multi Family

  • Net Operating Income: 32400
  • Number Of Units Total: 3
  • Total Actual Rent: 2700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 15, 2022
Sold by
Hanke Robert W and Hanke Maria G
Bought by
Al-Badri Hayder
Seller's Agent
Dominic Santaniello
Naples Realty Group
Buyer's Agent
Rula Baki
Berkshire Hathaway HomeServices Realty Professionals
List Price
$289,000
Sold Price
$309,294
Premium/Discount to List
$20,294
7.02%
Current Estimated Value
$401,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,438
Avg. Annual Appreciation
7.83%
Original Mortgage
$309,294
Outstanding Balance
$294,258
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$107,474
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Al-Badri Hayder $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al-Badri Hayder $309,294
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $309,294 +7.0% $94 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $289,000 -- $88 / 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 $5,673 $361,800 $25,500 $336,300
2024 $4,975 $309,800 $23,800 $286,000
2023 $3,881 $227,600 $22,700 $204,900
2022 $3,994 $212,200 $20,600 $191,600
2021 $4,020 $212,700 $18,800 $193,900
2020 $4,017 $205,700 $18,800 $186,900
2019 $3,446 $175,100 $18,800 $156,300
2018 $3,279 $175,300 $18,800 $156,500
2017 $3,279 $166,800 $16,500 $150,300
2016 $2,902 $147,600 $16,500 $131,100
2015 $2,772 $140,900 $16,500 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72986539

MLS Property Information Network (MLS PIN)

APN: SPRI-000080-000000-000037