$380,000
SOLD MAR 20, 2025

40 Benjamin St East Longmeadow, MA 01028

4 Beds
2 Baths
1,482 Sq Ft
0.62 Acres

Recently Sold

$256 Per Sq Ft

4% Below List Price

77 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Corner Lot
  • East Longmeadow High School Rated 9+
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of March 2025

You do not want to miss this unique opportunity! This is a 2 family property situated in a residential/business zoned neighborhood which opens the door to so many possibilities for the new owner. Close to shops, restaurants, and grocery stores. Minutes to the highway. Each unit has separate heating and utilities. The second floor unit has been completely renovated. One furnace is 1 year old and the other is roughly 10 years old. (APO)Tenants are on month to month leases.

Last Agent to Sell the Property

Neilsen Team - Livian

Listed on: 10/30/2024

Co-Listed By

Margaret Streeter

The Neilsen Team

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,108

Year Built

  • Built in 1920

Lot Details

  • 0.62 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,482 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Home Office
  • Unfinished Basement

Kitchen

  • Range
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • Total Actual Rent $3,250
  • Assessor Parcel Number 3657006

Community Details

Recreation

  • Park

Building Details

  • Insurance Expense $1,250
  • Water Sewer Expense $775
  • Operating Expense $2,025
  • Net Operating Income $29,400

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,108

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Carpet, Laminate, Wood
  • Interior Amenities: Bathroom With Tub & Shower, Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Office/Den, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 1482
  • Living Area: 1482
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4866
  • MAIN SO: H11111

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 775

Lot Info

  • Parcel Number: 3657006
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 27000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4108

Multi Family

  • Insurance Expense: 1250
  • Net Operating Income: 29400
  • Number Of Units Total: 2
  • Operating Expense: 2025
  • Total Actual Rent: 3250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Mar 19, 2025
Sold by
Ray Carol A
Bought by
Montesino Prop Mgmt Relty and Montesino
Seller's Agent
Neilsen Team - Livian
Buyer's Agent
Non Member
Non Member Office
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Views
152
Current Estimated Value
$397,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,759
Avg. Annual Appreciation
5.88%
Original Mortgage
$308,000
Outstanding Balance
$305,894
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,865

Purchase Details

Closed on
Dec 24, 2012
Sold by
Benjamin Park Realty L
Bought by
Ray Carol A

Purchase Details

Closed on
Jul 11, 2008
Sold by
Ray Carol Ann
Bought by
Benjamin Park Realty L

Purchase Details

Closed on
Feb 28, 2007
Sold by
Hill Brian A
Bought by
Ray Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2000
Sold by
Hill Charles R and Hill Sheilah M
Bought by
Hill Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $380,000 None Available
Warranty Deed $380,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Deed -- --
Deed $209,900 --
Deed $209,900 --
Deed $95,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,000 Purchase Money Mortgage
Closed $308,000 Purchase Money Mortgage
Previous Owner $167,900 Purchase Money Mortgage
Previous Owner $96,275 No Value Available
Previous Owner $95,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2025 03/20/25 Sold $380,000 -3.8% $256 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
10/30/2024 10/30/24 For Sale $395,000 -- $267 / 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 $4,291 $232,200 $90,700 $141,500
2024 $4,108 $221,600 $90,700 $130,900
2023 $3,884 $202,300 $82,100 $120,200
2022 $3,662 $180,500 $74,500 $106,000
2021 $3,597 $170,800 $68,900 $101,900
2020 $3,449 $165,500 $68,900 $96,600
2019 $3,323 $161,700 $67,200 $94,500
2018 $3,045 $145,400 $67,200 $78,200
2017 $2,939 $141,500 $63,700 $77,800
2016 $3,071 $145,400 $68,600 $76,800
2015 $3,135 $151,300 $68,600 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73307737

MLS Property Information Network (MLS PIN)

APN: ELON-000001B-000013-000646