40 Merrick St West Springfield, MA 01089
5
Beds
2
Baths
2,196
Sq Ft
10,000
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Enclosed patio or porch
- Property is near public transit
- Jogging Path
- Bathtub with Shower
About This Home
As of October 2024An exceptional two-family situated on an oversized lot in a highly desirable location. This tastefully renovated and beautifully maintained home offers a compelling opportunity for investors seeking stable, long-term returns in the thriving West Springfield market or a buyer looking for an owner-occupied multifamily to live in while generating extra income. A well-appointed floor plan. High ceilings and ample windows flood the interior with natural light. Generously sized rooms are bright and airy. The large yard is perfect for fun outdoor activities, gardening, and relaxation. Great 2-car garage with workshop and storage has endless potential for entrepreneurial minds. A fully paved driveway offers plenty of parking. Incredibly convenient location on a quiet street just moments away from schools, shopping centers, dining options, public transportation, and major highways. Enjoy peaceful living with urban convenience. Don't miss this perfect opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,248
Year Built
- Built in 1895
Lot Details
- 10,000 Sq Ft Lot
- Fenced
- Garden
Parking
- 3 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,196 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Window Screens
- Insulated Doors
- Living Room
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Enclosed patio or porch
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- 220 Volts
- 110 Volts
- High Speed Internet
Listing and Financial Details
- Total Actual Rent $1,900
- Rent includes unit 2(heat water)
- Assessor Parcel Number M:00373 B:18350 L:00020
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $22,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2007
Sold by
Kaletin Andrey A and Kaletin S
Bought by
Gavel Nikolay and Gavel Valentina
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2002
Sold by
Korobkov Vitaliy
Bought by
Kaletin Andrey A and Kaletina Svetlana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,365
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2001
Sold by
Tassinari Mary R
Bought by
Korobkov Vitaliy
Similar Homes in West Springfield, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $205,000 | -- | |
| Deed | $205,000 | -- | |
| Deed | $86,700 | -- | |
| Deed | $86,700 | -- | |
| Deed | $86,700 | -- | |
| Deed | $86,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,000 | Purchase Money Mortgage | |
| Closed | $328,000 | Purchase Money Mortgage | |
| Closed | $198,850 | Purchase Money Mortgage | |
| Previous Owner | $74,900 | No Value Available | |
| Previous Owner | $46,000 | No Value Available | |
| Previous Owner | $62,365 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $410,000 | +3.0% | $187 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | For Sale | $397,900 | -- | $181 / 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 | $4,451 | $299,300 | $96,300 | $203,000 |
| 2024 | $4,248 | $286,800 | $96,300 | $190,500 |
| 2023 | $3,838 | $247,000 | $86,600 | $160,400 |
| 2022 | $3,897 | $247,300 | $78,600 | $168,700 |
| 2021 | $3,434 | $203,200 | $72,800 | $130,400 |
| 2020 | $3,446 | $202,800 | $72,800 | $130,000 |
| 2019 | $3,439 | $202,800 | $72,800 | $130,000 |
| 2018 | $3,458 | $202,800 | $72,800 | $130,000 |
| 2017 | $3,458 | $202,800 | $72,800 | $130,000 |
| 2016 | $3,398 | $200,000 | $70,000 | $130,000 |
| 2015 | $3,211 | $189,000 | $68,600 | $120,400 |
| 2014 | $653 | $189,000 | $68,600 | $120,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Oleg Abramchuk
First NationWide Realty Inc.
(413) 246-0797
13 in this area
87 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73299811
APN: WSPR-000373-018350-000020
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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