NOT LISTED FOR SALE

Estimated Value: $330,000 - $426,000

4 Beds
2 Baths
2,516 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $295,000 $117 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,304/month

148 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Storm Windows
  • Property is near public transit
  • Enclosed Patio or Porch
  • 3-minute walk to Dana Park

About This Home

As of March 2022

Terrific Cash Flow, with this Chicopee two family, with additional rooms on third floor. Located in Between Elms College and Baystate Hospital, this home is 5 minutes to everything, shopping center, interstate 91, downtown Chicopee and Szot Park. With interest rates as low as they are, this Chicopee Multi-Family will be a money maker for years to come.

Last Agent to Sell the Property

Sean Curran

Happy Valley Realty Group, LLC Listed on: 07/01/2021

Last Buyer's Agent

Fallah Razzak

Lock and Key Realty Inc.

Lock and Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1920

Lot Details

  • 5,489

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,516 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Block Basement Construction
  • Storm Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,400
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 2495996

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,665

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete
  • Living Area: 2516
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: AC2126
  • MAIN SO: M39600

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Other
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 2(None)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 2495996
  • Zoning: 2
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • LOT SIZE: 0.13

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3664.64

Multi Family

  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Total Actual Rent: 3400
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Mar 4, 2022
Sold by
Luke Realty Mgmt Llc
Bought by
Daham Fahad D
Seller's Agent
Sean Curran
Happy Valley Realty Group, LLC
Buyer's Agent
Fallah Razzak
Lock and Key Realty Inc.
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
$367,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,186
Avg. Annual Appreciation
6.01%
Original Mortgage
$289,656
Outstanding Balance
$269,921
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$97,265

Purchase Details

Closed on
Jan 28, 2004
Sold by
Kenney Edward D
Bought by
Luke Realty Mgmt Llc
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
Daham Fahad D $295,000 None Available
Luke Realty Mgmt Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daham Fahad D $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $295,000 -6.3% $117 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $314,700 0.0% $125 / Sq Ft
07/25/2021 07/25/21 Price Changed $314,800 0.0% $125 / Sq Ft
07/19/2021 07/19/21 Price Changed $314,900 0.0% $125 / Sq Ft
07/01/2021 07/01/21 For Sale $315,000 -- $125 / 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 $4,462 $294,300 $78,800 $215,500
2024 $4,221 $286,000 $77,300 $208,700
2023 $3,944 $260,300 $70,300 $190,000
2022 $3,862 $227,300 $61,100 $166,200
2021 $3,665 $208,100 $55,500 $152,600
2020 $3,429 $196,400 $55,500 $140,900
2019 $3,346 $186,300 $55,500 $130,800
2018 $3,272 $178,700 $52,900 $125,800
2017 $2,913 $168,300 $52,900 $115,400
2016 $2,756 $163,000 $52,900 $110,100
2015 $2,933 $167,200 $52,900 $114,300
2014 $1,466 $167,200 $52,900 $114,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72859292

MLS Property Information Network (MLS PIN)

APN: CHIC-000029-000000-000050