NOT LISTED FOR SALE

40 North Blvd West Springfield, MA 01089

Estimated Value: $337,923 - $423,000

6 Beds
2 Baths
2,374 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $349,000 $147 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,528/month

6 Days on Market

Highlights

  • Fruit Trees
  • Community Pool
  • Garden
  • Property is near public transit
  • Shops
  • 2 Car Garage

About This Home

As of August 2023

2nd Floor/owner suite will be vacant (currently owner occupied). Properly maintained slate roof. The garage has been fitted with solar panels (to 2nd floor only), making electric costs at most $15 in summer with 3 ACs, New gutters, new vinyl floors throughout all the units, washer and dryer hookups in-units, and new electric wiring through the garage for workshop needs. The furnace on the second floor is new.The large yard includes a swing set, apple trees, rose bushes, and other types of flowers and bushes planted around it. Fenced dog runner and 2 separate driveways with parking for 8 cars! Fire pits in your fenced-in yard area, basement storage, walk up attic provides an extra room including plumbing (running toilet & sink) plus more storage, excellent paying tenant in place on first floor, lead treatment/certification, Move-in ready and with so many amenities included, this multifamily unit will not be available for long. Extra gardening space/raised beds. Everything you need!

Last Listed By

Arien Monti

Keller Williams Realty Listed on: 05/25/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Fruit Trees
  • Garden

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Slate Roof

Interior Spaces

  • 2,374 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Plumbed For Ice Maker
  • Washer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Bulkhead
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,300
  • Assessor Parcel Number M:00147 B:31650 L:0045A,2656168

Community Details

Recreation

  • Community Pool

Building Details

  • Electric Expense $1,500
  • Water Sewer Expense $800
  • Operating Expense $4,300
  • Net Operating Income $15,600

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,413

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 3%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Vinyl / VCT
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Plumbed For Ice Maker, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Bulkhead, Unfinished
  • Living Area: 2374
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M95273
  • LIST PRICE PER Sq Ft: 147.39
  • PRICE PER Sq Ft: 147.01
  • MAIN SO: AN7645

Exterior Features

  • Exterior Features: Rain Gutters, Fruit Trees, Garden
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: Washer Hookup, Icemaker Connection, Varies per Unit
  • Electric: 100 Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Highway Access, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 800

Lot Info

  • Parcel Number: M:00147 B:31650 L:0045A,2656168
  • Zoning: RA2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13600
  • Lot Size Units: Acres
  • PAGE: 324
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4413
  • Tax Book Number: 23913

Multi Family

  • Electric Expense: 1500
  • Gross Income: 15600
  • Net Operating Income: 15600
  • Number Of Units Total: 2
  • Operating Expense: 4300
  • Total Actual Rent: 1300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 2, 2023
Sold by
Swett Cory
Bought by
Adams Dennis J
Seller's Agent
Arien Monti
Keller Williams Realty
Buyer's Agent
Aaron Frankel
Real Broker MA, LLC
List Price
$349,900
Sold Price
$349,000
Premium/Discount to List
-$900
-0.26%
Total Days on Market
6
Views
109
Current Estimated Value
$380,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,731
Avg. Annual Appreciation
4.90%
Original Mortgage
$342,678
Outstanding Balance
$336,357
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$44,374

Purchase Details

Closed on
Feb 4, 2010
Sold by
Kalamarakis Harry and Kalamarakis Theodore
Bought by
Kalamarakis Harry

Purchase Details

Closed on
Jul 2, 2009
Sold by
Gates Jackalyn and Gates Stephen
Bought by
Kalamarakis Harry and Kalamarakis Theodore

Range of Values:

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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
Adams Dennis J $349,000 None Available
Kalamarakis Harry -- --
Kalamarakis Harry $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Dennis J $24,177
Open Adams Dennis J $342,678
Previous Owner Swett Cory $229,573
Previous Owner Nazzaro Robert E $148,000
Previous Owner Kalamarakis Harry $122,500
Previous Owner Kalamarakis Harry $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $349,000 -0.3% $147 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $349,900 +47.3% $147 / Sq Ft
05/28/2021 05/28/21 Sold $237,500 -6.8% $109 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $254,900 -3.8% $117 / Sq Ft
12/23/2020 12/23/20 For Sale $264,900 0.0% $122 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $264,900 +43.2% $122 / Sq Ft
02/10/2016 02/10/16 Sold $185,000 -11.7% $83 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $209,500 -- $94 / 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 $4,758 $320,000 $116,100 $203,900
2024 $4,739 $320,000 $116,100 $203,900
2023 $4,413 $284,000 $116,100 $167,900
2022 $4,306 $273,200 $105,300 $167,900
2021 $3,410 $201,800 $84,200 $117,600
2020 $3,420 $201,300 $84,200 $117,100
2019 $3,414 $201,300 $84,200 $117,100
2018 $3,432 $201,300 $84,200 $117,100
2017 $3,432 $201,300 $84,200 $117,100
2016 $3,335 $196,300 $79,200 $117,100
2015 $3,243 $190,900 $77,500 $113,400
2014 $787 $190,900 $77,500 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73116034

MLS Property Information Network (MLS PIN)

APN: WSPR-000147-031650-000045A