NOT LISTED FOR SALE

Estimated Value: $409,000 - $478,000

8 Beds
3 Baths
4,548 Sq Ft
$97/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $360,000 $79 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,770/month

47 Days on Market

About This Home

As of February 2024

Don't miss out on this amazing opportunity to own a three-family investment property near the heart of Downtown Chicopee! The second-floor unit is vacant! So whether you're an owner-occupied buyer looking for the perfect residence or an investor seeking steady cash flow, this property is ideal for both. All units boast spacious bedrooms and tenants are responsible for their own utilities. The 1st, 2nd and 3rd-floor units are all equipped with electric heat. Don't miss this amazing chance to secure your investment and cash flow potential!

Last Agent to Sell the Property

Pablo Ottenwalder

Premier Choice Realty, Inc. Listed on: 08/05/2023

Last Buyer's Agent

Brittany Theroux

Lock and Key Realty Inc.

Lock and Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 1900

Lot Details

  • 6,831 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • 4,548 Sq Ft Home
  • Brick Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $3,375
  • Assessor Parcel Number M:0098 P:00021,2499018

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $40,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,041

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 4548
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN5521
  • LIST PRICE PER Sq Ft: 82.45
  • PRICE PER Sq Ft: 79.16
  • MAIN SO: AN5521

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0098 P:00021,2499018
  • Zoning: 1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6831
  • Lot Size Units: Acres
  • PAGE: 292
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4041
  • Tax Book Number: 23679

Multi Family

  • Gross Income: 40500
  • Net Operating Income: 40500
  • Number Of Units Total: 3
  • Total Actual Rent: 3375
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Feb 9, 2024
Sold by
Paf Irt and Frogameni
Bought by
Hoheb Steven
Seller's Agent
Pablo Ottenwalder
Premier Choice Realty, Inc.
Buyer's Agent
Brittany Theroux
Lock and Key Realty Inc.
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
68
Current Estimated Value
$440,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,333
Avg. Annual Appreciation
7.66%
Original Mortgage
$386,836
Outstanding Balance
$380,753
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$25,580

Purchase Details

Listed on
Oct 7, 2020
Closed on
Jan 27, 2021
Sold by
Kv Properties Llc
Bought by
Paf Irt
Seller's Agent
Leslie Brunelle
NRG Real Estate Services, Inc.
Buyer's Agent
Russell Sabadosa
Premier Choice Realty, Inc.
List Price
$270,000
Sold Price
$229,000
Premium/Discount to List
-$41,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$615,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2008
Sold by
Vyce Sandra Lee and Klett Shirley Marie
Bought by
Kv Properties Llc

Purchase Details

Closed on
Dec 21, 2004
Sold by
Kusek Ft and Vyce Sandra Lee
Bought by
Kusek Nellie J and Vyce Sandra Lee
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
Hoheb Steven $360,000 None Available
Paf Irt $819,000 None Available
Kv Properties Llc -- --
Kusek Nellie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoheb Steven $386,836
Previous Owner Paf Irt $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $360,000 -4.0% $79 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/04/2023 09/04/23 For Sale $375,000 0.0% $82 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $375,000 +63.8% $82 / Sq Ft
01/29/2021 01/29/21 Sold $229,000 -15.2% $50 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $270,000 -- $59 / 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 $5,233 $345,200 $59,700 $285,500
2024 $4,838 $327,800 $58,500 $269,300
2023 $4,041 $266,700 $53,200 $213,500
2022 $3,869 $227,700 $46,300 $181,400
2021 $4,461 $253,300 $42,100 $211,200
2020 $4,199 $240,500 $42,100 $198,400
2019 $4,165 $231,900 $42,100 $189,800
2018 $4,054 $221,400 $40,100 $181,300
2017 $4,054 $234,200 $44,200 $190,000
2016 $3,965 $234,500 $44,200 $190,300
2015 $4,113 $234,500 $44,200 $190,300
2014 $3,872 $234,500 $44,200 $190,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73145115

MLS Property Information Network (MLS PIN)

APN: CHIC-000098-000000-000021