$60,000
SOLD APR 25, 2016

40 E Bay Path Terrace Springfield, MA 01109

Pine Point Neighborhood
3 Beds
1 Bath
1,008 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

21% Below List Price

85 Days on Market

About This Home

As of October 2016

HUD homes are sold “As Is”. Nonprofits and government agencies only until 12/28/2015. Buyer selects closing agent. Buyer responsible for smoke/CO certificate. Equal housing opportunity.

Last Agent to Sell the Property

Alan Ward

Great Homes Real Estate, Inc. Listed on: 12/23/2015

Last Buyer's Agent

Migdalia Buxo

M B C REALTORS®

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,881

Year Built

1988

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 3.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances: Disposal
  • Has Basement: Yes
  • Number of Rooms: 5
  • Interior Amenities: Cable Available
  • Basement: Full

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heating: Electric Baseboard, Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: S:04295 P:0006
  • Zoning: R1

Multi Family

  • Foundation: xxx

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 21, 2016
Sold by
London Realty Llc
Bought by
Rodriguez Elmer and Rodriguez Erica
Seller's Agent
Migdalia Buxo
M B C REALTORS®
Buyer's Agent
Marvin Council
Fathom Realty
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Current Estimated Value
$297,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,930
Avg. Annual Appreciation
8.19%
Original Mortgage
$147,283
Outstanding Balance
$120,683
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$177,247

Purchase Details

Listed on
Dec 23, 2015
Closed on
Apr 25, 2016
Sold by
Department Of Housing & Urban Dev
Bought by
London Realty Llc
Seller's Agent
Alan Ward
Great Homes Real Estate, Inc.
Buyer's Agent
Migdalia Buxo
M B C REALTORS®
List Price
$76,000
Sold Price
$60,000
Premium/Discount to List
-$16,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
548.82%

Purchase Details

Closed on
Nov 5, 2015
Sold by
Midfirst Bank
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Oct 23, 2014
Sold by
Saunders Eugene L and Midfirst Bank
Bought by
Midfirst Bank

Purchase Details

Closed on
Jun 22, 1999
Sold by
Fnma
Bought by
Saunders Eugene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,150
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1998
Sold by
Martinez Jose O and Martinez Ada W
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Not Resolvable $150,000 --
Not Resolvable $60,000 --
Deed -- --
Foreclosure Deed $65,023 --
Deed $49,950 --
Foreclosure Deed $70,870 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $147,283 FHA
Previous Owner $80,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $50,150 Purchase Money Mortgage
Previous Owner $68,000 No Value Available
Previous Owner $11,644 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $150,000 +3.4% $149 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $145,000 +141.7% $144 / Sq Ft
04/25/2016 04/25/16 Sold $60,000 -21.1% $60 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $76,000 -- $75 / 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 $3,881 $247,500 $41,900 $205,600
2024 $3,588 $223,400 $34,900 $188,500
2023 $3,427 $201,000 $31,700 $169,300
2022 $3,453 $183,500 $29,700 $153,800
2021 $3,374 $178,500 $27,000 $151,500
2020 $2,814 $144,100 $27,000 $117,100
2019 $2,745 $139,500 $27,000 $112,500
2018 $2,730 $138,700 $27,000 $111,700
2017 $2,715 $138,100 $24,900 $113,200
2016 $2,153 $109,500 $24,900 $84,600
2015 $2,065 $105,000 $24,900 $80,100
Source: Public Records

Agents Affiliated with this Home

  • Migdalia Buxo

    Seller's Agent in 2016

    Migdalia Buxo

    M B C REALTORS®

    (413) 262-8335

    17 in this area

    190 Total Sales

    Migdalia Buxo
    Section Image

  • A

    Seller's Agent in 2016

    Alan Ward

    Great Homes Real Estate, Inc.

    (413) 596-8763

    56 Total Sales

    Alan Ward
    Section Image
  • Marvin Council

    Buyer's Agent in 2016

    Marvin Council

    Fathom Realty

    (413) 342-1224

    7 in this area

    111 Total Sales

    Marvin Council
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71943217

MLS Property Information Network (MLS PIN)

APN: SPRI-004295-000000-000006

Massachusetts Hampden County Springfield 01109 Pine Point

40 E Bay Path Terrace, Springfield, MA

This home is located at 40 E Bay Path Terrace, Springfield, MA 01109 and is currently priced at $60,000, approximately $59 per square foot. This property was built in 1988. 40 E Bay Path Terrace is a home located in Hampden County with nearby schools including Hiram L. Dorman Elementary, John F. Kennedy Academy, and Springfield Central High School.

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.

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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