NOT LISTED FOR SALE

38-40 Moulton St Springfield, MA 01118

East Forest Park Neighborhood

Estimated Value: $274,000 - $380,000

4 Beds
4 Baths
1,710 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $255,000 $149 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,166/month

22 Days on Market

About This Home

As of November 2022

Find your way home to 38-40 Moulton Street in Springfield. This multi-family property features two units each with 2 beds and 1.5 baths, a full basement space with plenty of storage and a separated outdoor living space in the back yard for each unit. Investors take note- The unit is fully occupied with tenants that would like to stay and are currently on month to month contracts. Unit #38 available for private showings with 24 hour notice following the open house on Saturday 9/24. Unit #40 will be shown for second showings and serious inquiries due to limited tenant availability- units have a mirrored layout. **24 Hours Notice Required for All Showings**

Last Agent to Sell the Property

The Neilsen Team

Neilsen Realty LLC Listed on: 09/21/2022

Neilsen Realty LLC

Co-Listed By

Brett Castellano

Real Broker MA, LLC

Last Buyer's Agent

Jeffrey Burack

Cornerstone Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 1969

Lot Details

  • 3,960 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,710 Sq Ft Home
  • Property has 2 Levels
  • Dishwasher
  • Washer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Community Details

  • 2 Units
  • Net Operating Income $21,600

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number 2596676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,805

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1969
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 1710
  • Stories Total: 4
  • MAIN LO: AN7173
  • LIST PRICE PER Sq Ft: 154.97
  • PRICE PER Sq Ft: 149.12
  • MAIN SO: AN5381

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Public School

Lot Info

  • Parcel Number: 2596676
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3960
  • Lot Size Units: Acres
  • PAGE: 246
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3805.4
  • Tax Book Number: 15121

Multi Family

  • Gross Income: 21600
  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1800
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Nov 23, 2022
Sold by
Wagner William R and Wagner Kathleen A
Bought by
Jmb Property Mgmt Llc
Seller's Agent
The Neilsen Team
Neilsen Realty LLC
Buyer's Agent
Jeffrey Burack
Cornerstone Realty, LLC
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Views
69
Current Estimated Value
$337,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,122
Avg. Annual Appreciation
12.63%
Original Mortgage
$262,500
Outstanding Balance
$255,823
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,921

Purchase Details

Closed on
Jun 27, 2005
Sold by
Villeneuve Noreen M and Villeneuve Richard W
Bought by
Wagner Kathleen A and Wagner William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1992
Sold by
Mass Country Mnr Lp
Bought by
Villeneuve Richard W and Villeneuve Noreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jmb Property Mgmt Llc $255,000 None Available
Wagner Kathleen A $180,000 --
Villeneuve Richard W $107,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmb Property Mgmt Llc $262,500
Previous Owner Wagner William $131,800
Previous Owner Wagner Kathleen A $162,000
Previous Owner Villeneuve Richard W $108,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $255,000 -3.8% $149 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $265,000 0.0% $155 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $265,000 -- $155 / 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 $4,121 $262,800 $43,600 $219,200
2024 $4,248 $264,500 $43,600 $220,900
2023 $4,588 $269,100 $41,500 $227,600
2022 $3,805 $202,200 $41,500 $160,700
2021 $3,576 $189,200 $37,800 $151,400
2020 $3,478 $178,100 $37,800 $140,300
2019 $3,249 $165,100 $37,800 $127,300
2018 $3,159 $160,500 $37,800 $122,700
2017 $3,159 $160,700 $37,800 $122,900
2016 $2,996 $152,400 $37,800 $114,600
2015 $2,870 $145,900 $37,800 $108,100
Source: Public Records

Agents Affiliated with this Home

  • The Neilsen Team

    Seller's Agent in 2022

    The Neilsen Team

    Neilsen Realty LLC

    (413) 749-2556

    16 in this area

    387 Total Sales

    The Neilsen Team
    Section Image
  • Brett Castellano

    Seller Co-Listing Agent in 2022

    Brett Castellano

    Real Broker MA, LLC

    (508) 740-2076

    4 in this area

    55 Total Sales

    Brett Castellano
    Section Image

  • J

    Buyer's Agent in 2022

    Jeffrey Burack

    Cornerstone Realty, LLC

    (413) 478-9792

    2 in this area

    8 Total Sales

    Jeffrey Burack
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73039225

MLS Property Information Network (MLS PIN)

APN: SPRI-008870-000000-000008

Massachusetts Hampden County Springfield 01118 East Forest Park

38-40 Moulton St, Springfield, MA

This home is located at 38-40 Moulton St, Springfield, MA 01118 since 21 September 2022 and is currently estimated at $337,122, approximately $197 per square foot. This property was built in 1969. 38-40 Moulton St is a home located in Hampden County with nearby schools including Frederick Harris Elementary School, M Marcus Kiley Middle, and High School Of Commerce.

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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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