NOT LISTED FOR SALE

44 Park St Belchertown, MA 01007

Estimated Value: $414,000 - $641,000

8 Beds
5 Baths
4,326 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $357,344 $83 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,692/month

17 Days on Market

About This Home

As of May 2017

Historic Greek Revival 3 Family on the Town Common. Mixed use zoning, Village Residential, VR, allows for a professional office, or an in home business. Terrific 3 family that generates great monthly rents. Numerous upgrades in each unit. Exceptional location right in front of where the yearly town fair is. Each unit has its own access, along with separate utilities. Great floor plans and ideal for an investor or an owner occupant. Additional Post and Beam Barn with loft for extra rental possibility or the potential to make into a studio. This property qualifies for an owner occupied purchase where the applicant can use the rental incomes to qualify for bank financing to purchase. Walking distance to the bus stop. Close to Mass Pike and minutes to UMass.

Last Agent to Sell the Property

Paul Gallagher

Gallagher Real Estate Listed on: 01/30/2017

Gallagher Real Estate

Last Buyer's Agent

Jacqueline Zuzgo

5 College REALTORS®

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,864

Year Built

1856

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1856

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Golf Course, Medical Facility, Laundromat
  • Electric: 200 Amps
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Deck, Patio, Gutters, Barn/Stable
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 4
  • Hot Water: Oil, Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: blch
  • Sewer: 2000

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: Local
  • Middle School: Local
  • High School: Local

Lot Info

  • Zoning: m/f
  • Lot: 63

Multi Family

  • Heat Units: 3
  • Total Bedrooms: 8
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 14
  • Total Rent_1: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
May 1, 2017
Sold by
Workman John C and Hart Sharon D
Bought by
Alvarado Alexander G and Alvarado Johanna R
Seller's Agent
Paul Gallagher
Gallagher Real Estate
Buyer's Agent
Jacqueline Zuzgo
5 College REALTORS®
List Price
$365,000
Sold Price
$357,344
Premium/Discount to List
-$7,656
-2.1%
Current Estimated Value
$557,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,028
Avg. Annual Appreciation
5.48%
Original Mortgage
$339,400
Outstanding Balance
$278,197
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$279,175

Purchase Details

Closed on
Jul 8, 2013
Sold by
Workman John C
Bought by
Workman John C and Hart Sharon D

Purchase Details

Closed on
Feb 27, 1985
Bought by
Workman John C and Hart Sharon D
Source: Public Records

Range of Values:

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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
Alvarado Alexander G $357,344 --
Workman John C -- --
Workman John C $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvardo Johanna R $200,000
Closed Alvarado Johanna R $100,000
Open Alvarado Alexander G $339,400
Previous Owner Workman John C $282,550
Previous Owner Workman John C $295,000
Previous Owner Workman John C $250,001
Previous Owner Workman John C $172,075
Previous Owner Workman John C $58,000
Previous Owner Workman John C $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $357,344 -2.1% $83 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $365,000 -- $84 / 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 $7,864 $542,000 $70,300 $471,700
2024 $7,056 $460,600 $64,000 $396,600
2023 $7,563 $463,400 $60,400 $403,000
2022 $6,750 $382,200 $60,400 $321,800
2021 $6,467 $356,700 $60,400 $296,300
2020 $6,452 $355,100 $60,400 $294,700
2019 $6,489 $354,200 $60,400 $293,800
2018 $6,465 $355,400 $61,600 $293,800
2017 $6,587 $361,900 $61,600 $300,300
2016 $6,511 $362,300 $63,600 $298,700
2015 $6,473 $361,800 $63,600 $298,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72113771

MLS Property Information Network (MLS PIN)

APN: BELC-000243-000000-000063