38 Parallel St Unit 40 Springfield, MA 01104
Liberty Heights NeighborhoodEstimated Value: $314,677 - $439,000
4
Beds
4
Baths
1,728
Sq Ft
$217/Sq Ft
Est. Value
About This Home
As of May 2020Duplex with recent updates ready for owner occupant or investor buyer! Two bedrooms in each unit with hardwood floors recently refinished. Some updates to kitchen and bathrooms as well. Earn rental income for years to come, or owner occupy and have the other unit pay your mortgage. Why rent when you can own for less? Each unit features one and half bathrooms, and its own fenced in rear yard. All offers should be submitted by the buyer's agent using the online offer management system. Access the system via the link below.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,593
Year Built
- Built in 1988
Lot Details
- Year Round Access
Flooring
- Wood
- Tile
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number S:09475 P:0010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2019
Closed on
May 7, 2020
Sold by
Bank New York Mellon Tr
Bought by
Colon Adalberto
Seller's Agent
James Coombs
Coldwell Banker Realty - Western MA
Buyer's Agent
Natasha Quiles
Real Estate Keys
List Price
$187,200
Sold Price
$200,000
Premium/Discount to List
$12,800
6.84%
Total Days on Market
139
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,419
Avg. Annual Appreciation
13.64%
Original Mortgage
$188,746
Outstanding Balance
$170,687
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$209,342
Purchase Details
Closed on
Dec 21, 2018
Sold by
Bou Roberto J
Bought by
Bank New York Mellon Tr
Purchase Details
Closed on
Feb 9, 2011
Sold by
Bou Roberto J
Bought by
Springfield City Of
Purchase Details
Closed on
Dec 27, 2005
Sold by
Katsounakis Michael T
Bought by
Bou Roberto J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Springfield, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colon Adalberto | $200,000 | None Available | |
| Bank New York Mellon Tr | $251,770 | -- | |
| Springfield City Of | $1,816 | -- | |
| Bou Roberto J | $193,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Colon Adalberto | $19,782 | |
| Open | Colon Adalberto | $188,746 | |
| Closed | Colon Adalberto | $7,500 | |
| Closed | Colon Adalberto | $188,746 | |
| Previous Owner | Bou Roberto J | $154,800 | |
| Previous Owner | Bou Roberto J | $38,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2020 05/08/20 | Sold | $200,000 | +6.8% | $116 / Sq Ft |
| 02/27/2020 02/27/20 | Pending | -- | -- | -- |
| 01/10/2020 01/10/20 | For Sale | $187,200 | 0.0% | $108 / Sq Ft |
| 11/01/2019 11/01/19 | Pending | -- | -- | -- |
| 10/11/2019 10/11/19 | For Sale | $187,200 | -- | $108 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,593 | $286,000 | $38,700 | $247,300 |
| 2023 | $3,956 | $232,000 | $34,300 | $197,700 |
| 2022 | $3,753 | $199,400 | $32,000 | $167,400 |
| 2021 | $3,561 | $188,400 | $29,100 | $159,300 |
| 2020 | $2,849 | $145,900 | $29,100 | $116,800 |
| 2019 | $3,170 | $161,100 | $31,700 | $129,400 |
| 2018 | $3,149 | $160,000 | $31,700 | $128,300 |
| 2017 | $3,108 | $158,100 | $28,700 | $129,400 |
| 2016 | $3,014 | $153,300 | $27,200 | $126,100 |
| 2015 | $2,642 | $134,300 | $27,200 | $107,100 |
Source: Public Records
Agents Affiliated with this Home
-
James Coombs
Seller's Agent in 2020
James Coombs
Coldwell Banker Realty - Western MA
(413) 949-6915
1 in this area
107 Total Sales
-
Natasha Quiles
Buyer's Agent in 2020
Natasha Quiles
Real Estate Keys
(413) 883-6621
2 in this area
57 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72578749
APN: SPRI-009475-000000-000010
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.
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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