NOT LISTED FOR SALE

403-405 Bay St Springfield, MA 01109

Bay Neighborhood

Estimated Value: $280,000 - $336,000

6 Beds
2 Baths
1,920 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $139,000 $72 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,911/month

11 Days on Market

About This Home

As of April 2017

DUPLEX- Spacious side by side with 3 bedroom units, plus a full basement with extra room in each unit. This well maintained, turn key duplex is a great opportunity for investors or owner occupancy. One unit is currently occupied and bringing in $850 per month, rental income. This well built home requires minimal maintenance. City water and sewer and natural gas heat. Don't hesitate, and take advantage of positive cash flow or inexpensive living. parking located in the back of the building.

Last Agent to Sell the Property

Maria Crespo

Keller Williams Realty Listed on: 01/22/2017

Keller Williams Realty

Last Buyer's Agent

Anthony Khattar

Khattar Realty, Inc.

Property Details

Home Type

Multi-Family

Year Built

1988

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 3.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1988

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Electric: Circuit Breakers
  • Basement: Full
  • Total Levels: 4

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Improved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: S:01085 P:0379
  • Zoning: R2

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 2
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2017
Closed on
Apr 7, 2017
Sold by
Williams Roger W and Williams Maria B
Bought by
Velez William J
Seller's Agent
Maria Crespo
Keller Williams Realty
Buyer's Agent
Anthony Khattar
Khattar Realty, Inc.
List Price
$144,900
Sold Price
$139,000
Premium/Discount to List
-$5,900
-4.07%
Current Estimated Value
$311,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,666
Avg. Annual Appreciation
9.63%
Original Mortgage
$132,050
Outstanding Balance
$109,735
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$201,931

Purchase Details

Closed on
Dec 23, 1991
Sold by
Ludlow Sb
Bought by
Williams Roger W and Williams Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
8.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Velez William J $139,000 --
Williams Roger W $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez William J $132,050
Previous Owner Williams Roger W $78,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $139,000 -4.1% $72 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $144,900 -- $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 $3,370 $214,900 $31,500 $183,400
2024 $3,485 $217,000 $31,500 $185,500
2023 $3,263 $191,400 $28,600 $162,800
2022 $3,167 $168,300 $26,700 $141,600
2021 $2,998 $158,600 $24,300 $134,300
2020 $2,746 $140,600 $24,300 $116,300
2019 $2,631 $133,700 $24,300 $109,400
2018 $2,602 $132,200 $24,300 $107,900
2017 $2,784 $141,600 $24,300 $117,300
2016 $2,609 $132,700 $24,300 $108,400
2015 $2,502 $127,200 $24,300 $102,900
Source: Public Records

Agents Affiliated with this Home

  • Maria Crespo

    Seller's Agent in 2017

    Maria Crespo

    Keller Williams Realty

    (413) 426-6901

    39 Total Sales

    Maria Crespo
    Section Image
  • Anthony Khattar

    Buyer's Agent in 2017

    Anthony Khattar

    Khattar Realty, Inc.

    (508) 873-1633

    120 Total Sales

    Anthony Khattar
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72111143

MLS Property Information Network (MLS PIN)

APN: SPRI-001085-000000-000379

Massachusetts Hampden County Springfield 01109 Bay

403-405 Bay St, Springfield, MA

Not Listed for Sale

MultiFamily

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