Seller's Agent in 2024
WayLynn Garcia
Executive Real Estate, Inc.
(413) 404-0131
15 in this area
254 Total Sales
381 Orange St Springfield, MA 01108
Forest Park NeighborhoodEstimated Value: $296,842 - $396,000
4
Beds
2
Baths
2,688
Sq Ft
$133/Sq Ft
Est. Value
Highlights
- Property is near public transit
- 2 Car Garage
- Heating System Uses Natural Gas
- Corner Lot
About This Home
As of August 2024Welcome to this fantastic multifamily home offering two spacious units, each occupied by long-term tenants, providing a stable income stream for savvy investors or those seeking a multi-generational living setup. This property presents a rare opportunity to own a well-maintained income-generating asset. The first-floor unit has three generous size bedrooms and one full bath, providing ample space for comfortable living. The second floor unit, you'll find a larger unit featuring four bedrooms and one bath, with the potential to easily finish a fifth bedroom, adding even more value to this investment. This unit offers versatility and space utilizing the third floor, making it an attractive option for tenants seeking room to grow. Come to our group showing this Saturday!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,100
Year Built
- Built in 1909
Lot Details
- 5,001 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,688 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- Property is near public transit
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Net Operating Income $41,940
Listing and Financial Details
- Total Actual Rent $3,495
- Assessor Parcel Number S:09340 P:0094,2599081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2024
Closed on
Aug 2, 2024
Sold by
Lopez Katherine A
Bought by
Gonzalez Brendalee
Seller's Agent
WayLynn Garcia
Executive Real Estate, Inc.
Buyer's Agent
Bryan Kaye
BKaye Realty
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
19
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
$7,211
Avg. Annual Appreciation
1.44%
Original Mortgage
$334,248
Outstanding Balance
$330,167
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$27,044
Purchase Details
Listed on
Nov 15, 2018
Closed on
Dec 19, 2018
Sold by
Dibella Carmine E
Bought by
Lopez Katherine A
Seller's Agent
Chester Ardolino
Berkshire Hathaway HomeServices Realty Professionals
Buyer's Agent
Katherine Lopez
Century 21 McLennan & Company
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%
Original Mortgage
$108,750
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 1997
Sold by
Rollend John D and Rollend Donna M
Bought by
Dibella Carmine F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.28%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Brendalee | $350,000 | None Available | |
| Gonzalez Brendalee | $350,000 | None Available | |
| Lopez Katherine A | $145,000 | -- | |
| Dibella Carmine F | $48,000 | -- | |
| Dibella Carmine F | $48,000 | -- | |
| Dibella Carmine F | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Brendalee | $334,248 | |
| Closed | Gonzalez Brendalee | $334,248 | |
| Previous Owner | Lopez Katherine A | $108,750 | |
| Previous Owner | Dibella Carmine F | $45,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $350,000 | +7.7% | $130 / Sq Ft | |
| 06/24/2024 06/24/24 | Pending | -- | -- | -- | |
| 06/18/2024 06/18/24 | Price Changed | $325,000 | -4.7% | $121 / Sq Ft | |
| 06/10/2024 06/10/24 | Price Changed | $340,900 | -2.6% | $127 / Sq Ft | |
| 06/10/2024 06/10/24 | For Sale | $349,900 | 0.0% | $130 / Sq Ft | |
| 06/02/2024 06/02/24 | Pending | -- | -- | -- | |
| 05/29/2024 05/29/24 | For Sale | $349,900 | +141.3% | $130 / Sq Ft | |
| 12/26/2018 12/26/18 | Sold | $145,000 | -9.3% | $45 / Sq Ft | View Prior Sale |
| 11/28/2018 11/28/18 | Pending | -- | -- | -- | |
| 11/15/2018 11/15/18 | For Sale | $159,900 | -- | $50 / 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 |
|---|---|---|---|---|
| 2025 | $3,870 | $246,800 | $30,000 | $216,800 |
| 2024 | $3,626 | $225,800 | $30,000 | $195,800 |
| 2023 | $3,100 | $181,800 | $27,300 | $154,500 |
| 2022 | $2,881 | $153,100 | $25,500 | $127,600 |
| 2021 | $2,916 | $154,300 | $23,200 | $131,100 |
| 2020 | $2,969 | $152,000 | $23,200 | $128,800 |
| 2019 | $2,261 | $114,900 | $23,200 | $91,700 |
| 2018 | $2,222 | $112,900 | $23,200 | $89,700 |
| 2017 | $2,224 | $113,100 | $21,800 | $91,300 |
| 2016 | $1,868 | $95,000 | $21,800 | $73,200 |
| 2015 | $1,882 | $95,700 | $21,800 | $73,900 |
Source: Public Records
Agents Affiliated with this Home
-
WayLynn Garcia
-
Bryan Kaye
Buyer's Agent in 2024
Bryan Kaye
BKaye Realty
(413) 636-6928
15 in this area
144 Total Sales
-
Chester Ardolino
Seller's Agent in 2018
Chester Ardolino
Berkshire Hathaway HomeServices Realty Professionals
(413) 221-0310
17 in this area
137 Total Sales
-
K
Buyer's Agent in 2018
Katherine Lopez
Century 21 McLennan & Company
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73242112
APN: SPRI-009340-000000-000094
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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