NOT LISTED FOR SALE

41 Spring St Hyannis, MA 02601

Estimated Value: $616,668 - $688,000

5 Beds
2 Baths
1,675 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $565,000 $337 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,842/month

14 Days on Market

Highlights

  • Medical Services
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Wood Flooring
  • Fenced Yard

About This Home

As of August 2022

This two family home is within walking distance to downtown. Property is in great shape. Always maintained. New roof just installed. Below market rents could be increased to gross $4000 per month. First floor apartment is 3 bed 1 bath. Second floor apartment is 2 bed 1 bath. It could be a three if deck was enclosed to make third bedroom. On town sewer. Tenants are great and always pay on time. Tenants also pay all utilities including water and sewer.

Last Agent to Sell the Property

Shane Pacheco

SMP Realty Development Co. LLC License #9529458 Listed on: 06/01/2022

Last Buyer's Agent

Carlos Justus

Keller Williams Realty License #9535360

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • No Unit Above or Below
  • Fenced Yard

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,675 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating Available
  • Furnace
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near shops and worship

Community Details

  • No Home Owners Association
  • Medical Services

Listing and Financial Details

  • Total Actual Rent $3,050
  • The owner pays for grounds care
  • Assessor Parcel Number 327044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,054

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Has Basement: Bulkhead Access, Interior Entry, Full
  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Directions: Rte 28 to Spring st
  • Architectural Style: Cape
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Water Heater
  • Total Bedrooms: 5
  • Owner Pays: Grounds Care
  • Full Bathrooms: 2
  • Entry Location: Unit 1: First Floor,Unit 1: Basement
  • Fireplace: No
  • Flooring: Hardwood, Wood Floor

Exterior Features

  • Exterior Features: Yard
  • Fencing: Fenced Yard
  • Lot Features: In Town Location, Medical Facility, House of Worship, Shopping
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No One Below
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled, Actual
  • Roof: Asphalt, Pitched

Garage/Parking

  • Open Parking: No
  • Parking Features: Stone/Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Furnace
  • Electric: Electric Meter
  • Gas Company: Gas Meter
  • Laundry Features: Dryer Hook-up, Washer Hook-up
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public, Water Meter

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Barnstable

Lot Info

  • Zoning: SF
  • Lot Size Sq Ft: 5227
  • Parcel #: 327044
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1950

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4054
  • Tax Book Number: 24279-20

Multi Family

  • Total Actual Rent: 3050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 18, 2022
Sold by
Capevest Development Corp
Bought by
Amaral Guadalupe and Amaral Niuza
Seller's Agent
Shane Pacheco
SMP Realty Development Co. LLC
Buyer's Agent
Carlos Justus
Keller Williams Realty
List Price
$519,900
Sold Price
$565,000
Premium/Discount to List
$45,100
8.67%
Current Estimated Value
$656,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,167
Avg. Annual Appreciation
4.48%
Original Mortgage
$423,750
Outstanding Balance
$403,305
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,862

Purchase Details

Closed on
Sep 17, 2021
Sold by
Pacheco Wayne J
Bought by
Capevest Development Corp

Purchase Details

Closed on
Dec 31, 2009
Sold by
Yannatos Elpiniki
Bought by
Pacheco Wayne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.79%
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 Buyer Sale Price Title Company
Amaral Guadalupe $565,000 None Available
Capevest Development Corp -- None Available
Pacheco Wayne J $169,950 --
Pacheco Wayne J $169,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amaral Guadalupe $423,750
Previous Owner Pacheco Wayne J $44,400
Previous Owner Pacheco Wayne J $42,000
Previous Owner Pacheco Wayne J $135,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $565,000 +8.7% $337 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $519,900 0.0% $310 / Sq Ft
02/22/2017 02/22/17 For Rent $1,400 0.0% --
02/22/2017 02/22/17 Rented $1,400 0.0% --
01/09/2017 01/09/17 For Rent $1,400 0.0% --
01/09/2017 01/09/17 Rented $1,400 -- --
Source: Cape Cod & Islands Association of REALTORS®

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 $4,931 $531,900 $119,500 $412,400
2024 $4,362 $482,000 $119,500 $362,500
2023 $4,042 $422,400 $114,600 $307,800
2022 $3,965 $342,700 $84,900 $257,800
2021 $3,535 $296,800 $80,400 $216,400
2020 $3,484 $282,600 $80,400 $202,200
2019 $3,209 $255,100 $76,000 $179,100
2018 $2,753 $223,800 $80,000 $143,800
2017 $2,445 $203,900 $61,200 $142,700
2016 $2,460 $209,700 $67,000 $142,700
2015 $2,550 $220,400 $61,200 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape Cod & Islands Association of REALTORS®

MLS Number: 22202714

Cape Cod & Islands Association of REALTORS®

APN: HYAN-000327-000000-000044