NOT LISTED FOR SALE

38 Rapalus St Unit 40 Indian Orchard, MA 01151

Estimated Value: $282,000 - $382,000

6 Beds
2 Baths
2,240 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $222,000 $99 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,156/month

70 Days on Market

About This Home

As of September 2019

Great location for this investment opportunity. This 2 family house is situated in Indian Orchard close to Wilbraham and Ludlow Town Lines. Many improvements have been made to this property making it a smart, low maintenance investment choice. The first floor unit features 5 rooms, 2 bedrooms and full bathroom. The second floor has a similar layout with 5 rooms, 2 bedrooms, full bathroom and pantry. Both units could potentially be used as 3 bedrooms, as public record states 6 bedrooms. Hardwood floors carry throughout each unit. Replacement windows, vinyl siding and porch columns and flooring were done in 2013 (APO). The 2nd floor gas boiler was replaced in 2016 and the 1st floor gas forced hot air furnace was replaced in 2012. There is plenty of off street parking and a 3 bay garage. This property is fully rented with positive cash flow.

Last Agent to Sell the Property

Leslie Brunelle

NRG Real Estate Services, Inc. Listed on: 05/23/2019

Last Buyer's Agent

Heydie Rivera

HRA Realty, LLC

HRA Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,707

Year Built

  • Built in 1925

Lot Details

  • 5,663

Parking

  • 3 Car Garage

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,707

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 1706
  • Year Built Description: Actual
  • List Price Per Sq Ft: 100.45
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Ife Common: Storage
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Flooring: Wood, Vinyl
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor
  • Main Lo: M95357
  • Main So: AC1693
  • Estimated Sq Ft: 2240.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Gutters
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access

Lot Info

  • Assessments: 174500.00
  • Acre: 0.13
  • Lot Size: 5641.00
  • Page: 366
  • Zoning: R2
  • Lot Description: Gentle Slope

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 2075
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3434.16
  • Assessor Parcel Number: 2603110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2005
Sold by
Swiszcz Darlene A and Mitchell Elaine
Bought by
Krzysztof Janczar
Current Estimated Value
$334,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.78%
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
Krzysztof Janczar $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krzysztof Janczar $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $222,000 -1.3% $99 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $225,000 -- $100 / 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 $4,707 $300,200 $43,900 $256,300
2024 $4,813 $299,700 $41,100 $258,600
2023 $4,251 $249,300 $33,700 $215,600
2022 $4,184 $222,300 $31,500 $190,800
2021 $4,020 $212,700 $28,600 $184,100
2020 $3,742 $191,600 $28,600 $163,000
2019 $3,434 $174,500 $29,600 $144,900
2018 $3,134 $163,300 $29,600 $133,700
2017 $3,134 $159,400 $25,200 $134,200
2016 $2,784 $141,600 $25,200 $116,400
2015 $2,722 $138,400 $25,200 $113,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72505685

MLS Property Information Network (MLS PIN)

APN: SPRI-010085-000000-000009