NOT LISTED FOR SALE

342 Main St Springfield, MA 01105

Estimated Value: $239,487 - $383,000

4 Beds
2 Baths
1,680 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $49,900 $30 Per Sq Ft

Est. 517% increase in value since last sale

Current estimated payment $1,914/month

42 Days on Market

About This Home

As of September 2016

Developers take note - fantastic location! Property is loaded with potential just waiting for your creative ideas. Two large units with new, state-of-the-art heating systems. Lots of original charm to be uncovered. Don't let the cosmetic issues blind you to the possibilities. Look beyond the dated carpeting and older windows and see the house as it could be: large rooms with loads of sunlight, high ceilings, generous kitchens and baths, tons of parking including a garage, even a smokehouse! Live in one unit and let your tenant pay the bills! Please note that the seller has never occupied the home. This home will likely not qualify for traditional financing.

Last Agent to Sell the Property

Christine McCarron

Beehive Brokerage Listed on: 06/06/2016

Last Buyer's Agent

Alexander Cordero

Witman Properties, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,990

Year Built

1907

Lot Details

0

Listing Details

  • Lot Description: Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1907

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Shopping
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Porch, Balcony
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: B1

Multi Family

  • Cooling Units: 2
  • Foundation: 787
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Sep 23, 2016
Sold by
Ulrey Jerry Roy Est
Bought by
Irizarry Ana L
Seller's Agent
Christine McCarron
Beehive Brokerage
Buyer's Agent
Alexander Cordero
Witman Properties, Inc.
List Price
$59,900
Sold Price
$49,900
Premium/Discount to List
-$10,000
-16.69%
Current Estimated Value
$307,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,972
Avg. Annual Appreciation
22.72%

Purchase Details

Listed on
Mar 26, 2014
Closed on
May 14, 2014
Sold by
Desousa Filomena
Bought by
Ulrey Jerry
Seller's Agent
Michael Palatino
LAER Realty Partners
Buyer's Agent
Christine McCarron
Beehive Brokerage
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.08%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Luso Fcu
Bought by
Desousa Antonio A and Desousa Filomena

Purchase Details

Closed on
Feb 25, 1993
Sold by
Mimoso Jose V
Bought by
Luso Fcu

Purchase Details

Closed on
Oct 16, 1989
Sold by
Ferreira Victor M
Bought by
Mimoso Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
10.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Irizarry Ana L $49,900 --
Ulrey Jerry $50,000 --
Desousa Antonio A $44,000 --
Luso Fcu $60,000 --
Mimoso Jose $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Straight Nicholas G $3,323
Previous Owner Ferreira Victor M $10,000
Previous Owner Ferreira Victor M $60,000
Previous Owner Ferreira Victor M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $49,900 0.0% $30 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/05/2016 07/05/16 Price Changed $49,900 -16.7% $30 / Sq Ft
06/22/2016 06/22/16 For Sale $59,900 0.0% $36 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $59,900 +19.8% $36 / Sq Ft
05/14/2014 05/14/14 Sold $50,000 -23.0% $30 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $64,900 -- $39 / 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 $2,990 $190,700 $43,000 $147,700
2024 $2,560 $159,400 $40,200 $119,200
2023 $2,252 $132,100 $33,000 $99,100
2022 $2,381 $126,500 $30,800 $95,700
2021 $2,453 $129,800 $28,000 $101,800
2020 $2,306 $118,100 $28,000 $90,100
2019 $2,312 $117,500 $29,000 $88,500
2018 $2,348 $119,300 $29,000 $90,300
2017 $1,995 $101,500 $24,700 $76,800
2016 $1,677 $85,300 $24,700 $60,600
2015 $1,599 $81,300 $24,700 $56,600
Source: Public Records

Agents Affiliated with this Home

  • Christine McCarron

    Seller's Agent in 2016

    Christine McCarron

    Beehive Brokerage

    (617) 999-2447

    20 Total Sales

    Christine McCarron
    Section Image

  • A

    Buyer's Agent in 2016

    Alexander Cordero

    Witman Properties, Inc.

    (413) 275-8810

    1 in this area

    25 Total Sales

    Alexander Cordero
    Section Image

  • M

    Seller's Agent in 2014

    Michael Palatino

    LAER Realty Partners

    (413) 949-6863

    4 Total Sales

    Michael Palatino
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72017925

MLS Property Information Network (MLS PIN)

APN: SPRI-008132-000000-000088

Massachusetts Hampden County Springfield 01105

342 Main St, Springfield, MA

This home is located at 342 Main St, Springfield, MA 01105 since 06 June 2016 and is currently estimated at $307,872, approximately $183 per square foot. This property was built in 1907. 342 Main St is a home located in Hampden County with nearby schools including Indian Orchard Elementary School, John F. Kennedy Academy, and Roger L. Putnam Vocational Technical Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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