NOT LISTED FOR SALE

340 Eastern Ave Unit 1 Springfield, MA 01109

Old Hill Neighborhood

Estimated Value: $389,000 - $484,000

4 Beds
2 Baths
2,376 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $101,000 $43 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $2,713/month

59 Days on Market

About This Home

As of November 2017

Great investment opportunity this multifamily offers two units with a walk up attic and gas heat. First floor unit includes screen in porch, eat-in kitchen with pantry, dining room and living room with two bedrooms. Second floor also includes updated bathroom and walkin closet. This house has many possibilities don't miss out. Call for a showing today.

Last Agent to Sell the Property

Erica Nunley

Executive Real Estate, Inc. Listed on: 08/11/2017

Last Buyer's Agent

Ed Zmuda

4 Percent USA Realty

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1898

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School
  • Basement: Full
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: M95273
  • Main So: M95399
  • Estimated Sq Ft: 2376.00

Exterior Features

  • Exterior Features: Porch
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: S:04325 P:0071
  • Zoning: R2
  • Acre: 0.25
  • Lot Size: 10999.00

Multi Family

  • Total Bedrooms: 4
  • Total Fireplaces: 1
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 875
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Reyes Rafael A
Bought by
Torres Amanda
Current Estimated Value
$427,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,245
Outstanding Balance
$293,457
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,415

Purchase Details

Listed on
Aug 11, 2017
Closed on
Nov 6, 2017
Sold by
Leith Gifford B Est
Bought by
Reyes Rafael A
Seller's Agent
Erica Nunley
Executive Real Estate, Inc.
Buyer's Agent
Ed Zmuda
4 Percent USA Realty
List Price
$109,900
Sold Price
$101,000
Premium/Discount to List
-$8,900
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.33%
Original Mortgage
$85,850
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Torres Amanda $315,000 None Available
Reyes Rafael A $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Amanda $322,245
Previous Owner Reyes Rafael A $85,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2017 11/06/17 Sold $101,000 +1.1% $43 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/07/2017 09/07/17 Price Changed $99,900 -9.1% $42 / Sq Ft
08/11/2017 08/11/17 For Sale $109,900 0.0% $46 / Sq Ft
02/03/2016 02/03/16 Rented $825 -2.9% --
01/11/2016 01/11/16 Under Contract -- -- --
12/12/2015 12/12/15 Price Changed $850 -2.9% $1 / Sq Ft
11/21/2015 11/21/15 Price Changed $875 -2.2% $1 / Sq Ft
10/16/2015 10/16/15 For Rent $895 -- --
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 $5,737 $365,900 $26,500 $339,400
2024 $5,184 $322,800 $24,800 $298,000
2023 $4,499 $263,900 $23,600 $240,300
2022 $3,122 $165,900 $21,500 $144,400
2021 $2,880 $152,400 $19,500 $132,900
2020 $2,756 $141,100 $19,500 $121,600
2019 $2,724 $138,400 $19,500 $118,900
2018 $2,216 $114,400 $19,500 $94,900
2017 $2,216 $112,700 $15,700 $97,000
2016 $1,856 $94,400 $15,700 $78,700
2015 $1,800 $91,500 $15,700 $75,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erica Nunley

    Executive Real Estate, Inc.

    Section Image
  • Ed Zmuda

    Buyer's Agent in 2017

    Ed Zmuda

    4 Percent USA Realty

    (413) 320-2222

    6 Total Sales

    Ed Zmuda
    Section Image

  • E

    Seller's Agent in 2016

    Elizabeth Villani

    NextHome Elite Realty

    (413) 391-1969

    14 Total Sales

    Elizabeth Villani
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72212348

MLS Property Information Network (MLS PIN)

APN: SPRI-004325-000000-000071

Massachusetts Hampden County Springfield 01109 Old Hill

340 Eastern Ave Unit 1, Springfield, MA

Not Listed for Sale

MultiFamily

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