NOT LISTED FOR SALE

Estimated Value: $472,000 - $545,000

6 Beds
3 Baths
3,306 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $400,000 $121 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,097/month

5 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit and schools
  • Community Pool
  • Medical Services
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2022

Here is a great opportunity to own a 3-family home in the Heart of Chicopee. This property has been owner occupied for 22 years and has been well cared for. This building is located near to many amenities, and is minutes away from the Mass pike & 291 entrances. Parks, shops, restaurants and entertainment all located within a short drive from your future home or investment property. The building boasts over 3000SF of living area and has a total of 15 rooms, 6 bedrooms and 3 baths along with a 2 vehicle car port. 1st floor unit is completely updated with granite counter tops, new cabinets & back splash, newer appliances, gas fireplace and has a beautiful sunroom to relax in. All units have hardwood floors, living room/ dining room combinations and are extremely bright from all of sunlight that comes through the numerous insulated windows through-out. Separate utilities for all 3 apartments (Gas & Electric). 1st floor unit will be vacant at closing, 2nd and 3rd floor tenants will remain

Last Agent to Sell the Property

Carlos Dos Santos

Ideal Real Estate Services, Inc. Listed on: 04/20/2022

Last Buyer's Agent

Julio Rodriguez

Gallagher Real Estate

Gallagher Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 1925

Lot Details

  • 6,107

Home Design

  • Brick Foundation
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 3,306 Sq Ft Home
  • Gas Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

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

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • 6,107 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $2,050
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0176 P:00016,2501881

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Electric Expense $872
  • Water Sewer Expense $1,171
  • Operating Expense $3,423
  • Net Operating Income $21,177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,439

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1925
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl,Varies Per Unit, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring)
  • Interior Amenities: Unit 1(Crown Molding,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo,Sunroom), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace Features: Unit 1(Fireplace - Natural Gas)
  • Fireplace YN: Yes
  • Appliances: None, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Concrete
  • Living Area: 3306
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: NB1813
  • MAIN SO: AN1364

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas,Individual,Unit Control), Unit 2(Forced Air,Gas,Individual,Unit Control), Unit 3(Forced Air,Gas,Individual,Unit Control)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 1171

Lot Info

  • Parcel Number: M:0176 P:00016,2501881
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6107
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4439

Multi Family

  • Electric Expense: 872
  • Net Operating Income: 21177
  • Number Of Units Total: 3
  • Operating Expense: 3423
  • Total Actual Rent: 2050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Aug 2, 2022
Sold by
Hearn Marilyn J and Hearn Richard J
Bought by
Perez Wirbir A
Seller's Agent
Carlos Dos Santos
Ideal Real Estate Services, Inc.
Buyer's Agent
Julio Rodriguez
Gallagher Real Estate
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$494,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,259
Avg. Annual Appreciation
6.38%
Original Mortgage
$320,000
Outstanding Balance
$305,859
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,400

Purchase Details

Closed on
Dec 15, 2000
Sold by
Serafin Genevieve T and Stec Katherine I
Bought by
Hearn Richard J and Hearn Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Wirbir A $400,000 None Available
Hearn Richard J $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Wirbir A $320,000
Previous Owner Hearn Richard J $102,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2022 08/03/22 Sold $400,000 0.0% $121 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $399,900 -- $121 / 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 $6,176 $407,400 $81,800 $325,600
2024 $5,721 $387,600 $80,200 $307,400
2023 $4,484 $296,000 $72,900 $223,100
2022 $4,439 $261,300 $63,400 $197,900
2021 $4,205 $238,800 $57,600 $181,200
2020 $3,862 $221,200 $57,600 $163,600
2019 $3,824 $212,900 $57,600 $155,300
2018 $3,735 $204,000 $54,900 $149,100
2017 $3,715 $214,600 $54,900 $159,700
2016 $3,242 $191,700 $54,900 $136,800
2015 $3,283 $187,200 $54,900 $132,300
2014 $1,642 $187,200 $54,900 $132,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72968724

MLS Property Information Network (MLS PIN)

APN: CHIC-000176-000000-000016