NOT LISTED FOR SALE

Estimated Value: $338,000 - $442,000

8 Beds
3 Baths
2,694 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $300,000 $111 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,408/month

6 Days on Market

About This Home

As of January 2022

INVESTORS TAKE NOTICE!! FANTASTIC OPPORTUNITY TO LIVE ALMOST EXPENSE FREE OR ENJOY PASSIVE INCOME!! This exceptionally maintained legal 3 family would be a perfect addition to your investment portfolio, or as an owner occupied property! 1st and 2nd floor units are occupied with month to month tenants and the 3rd floor unit is currently VACANT. Updates include: Newer Vinyl siding and roof, updated electrical with circuit breakers! Conveniently located minutes from Baystate Medical Center and Mercy Hospital! Easy Highway access, and many amenities are close by! 1st and 2nd floor are 3 bedroom 1 bath units, the 3rd floor is 2 bedroom, 1 bath.

Last Agent to Sell the Property

Moussa Hamadeh

Berkshire Hathaway HomeServices Realty Professionals Listed on: 11/11/2021

Berkshire Hathaway HomeServices Realty Professionals

Last Buyer's Agent

Nghia Nguyen

PRIVI Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1901

Lot Details

  • 7,405

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Off of Chestnut St. or Dwight St.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1901

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range), Gas Water Heater,Tank Water Heater
  • Has Basement: Interior Entry, Bulkhead, Concrete
  • MAIN LO: AC0643
  • MAIN SO: AN6354
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Wood,Vinyl
  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 6
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage
  • Foundation Details: Brick/Mortar
  • Disclosures: Please See Attached Lead Paint Report. Signed Lead Paint Disclosure To Be Sent With Any Offers.
  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Tandem, On Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, University
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • LOT SIZE: 7501
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7405.2
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Annual Gross Income: 19200
  • Property Net Operating Income: 19200
  • Number Of Units Total: 3
  • Total Actual Rent: 1600

Tax Info

  • Tax Annual Amount: 3167.64
  • Tax Book Number: 22555
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 18, 2022
Sold by
Allen Richard E and Allen Robert S
Bought by
Chow-Tsang Siu M and Tsang Man H
Seller's Agent
Moussa Hamadeh
Berkshire Hathaway HomeServices Realty Professionals
Buyer's Agent
Nghia Nguyen
PRIVI Realty LLC
List Price
$284,900
Sold Price
$300,000
Premium/Discount to List
$15,100
5.3%
Current Estimated Value
$380,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,538
Avg. Annual Appreciation
6.32%
Original Mortgage
$221,250
Outstanding Balance
$202,906
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,632

Purchase Details

Closed on
Mar 1, 2018
Sold by
Allen Mary J
Bought by
Allen Richard E and Allen Robert S

Purchase Details

Closed on
Feb 9, 2011
Sold by
Fhlmc
Bought by
Springfield City Of

Purchase Details

Closed on
Dec 23, 2009
Sold by
Taylor Bean and Taylor Whitaker M
Bought by
Allen Mary Jo

Purchase Details

Closed on
Jun 11, 2009
Sold by
Fhlmc
Bought by
Taylor Bean and Taylor Whitaker M

Purchase Details

Closed on
Dec 9, 2008
Sold by
Njoroge Peter M and Taylor Bean
Bought by
Fhlmc

Purchase Details

Closed on
Jul 31, 2007
Sold by
Gerena Carmelo
Bought by
Njoroge Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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
Chow-Tsang Siu M $300,000 None Available
Allen Richard E -- --
Springfield City Of $868 --
Springfield City Of $868 --
Allen Mary Jo $35,000 --
Allen Mary Jo $35,000 --
Taylor Bean -- --
Taylor Bean -- --
Fhlmc $76,500 --
Fhlmc $76,500 --
Njoroge Peter M $215,000 --
Njoroge Peter M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow-Tsang Siu M $221,250
Previous Owner Njoroge Peter M $215,000
Previous Owner Njoroge Peter M $22,000
Previous Owner Njoroge Peter M $13,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $300,000 +5.3% $111 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $284,900 -- $106 / 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 $4,886 $311,600 $31,500 $280,100
2024 $4,876 $303,600 $31,500 $272,100
2023 $4,581 $268,700 $22,900 $245,800
2022 $3,565 $189,400 $20,900 $168,500
2021 $3,168 $167,600 $19,000 $148,600
2020 $2,988 $153,000 $19,000 $134,000
2019 $2,938 $149,300 $19,000 $130,300
2018 $2,826 $143,600 $19,000 $124,600
2017 $2,800 $142,400 $18,200 $124,200
2016 $2,426 $123,400 $18,200 $105,200
2015 $2,392 $121,600 $18,200 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72919240

MLS Property Information Network (MLS PIN)

APN: SPRI-006510-000000-000019