$425,000
SOLD OCT 30, 2024
9 Beds
3 Baths
3,652 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

7% Above List Price

2 Days on Market

About This Home

As of October 2024

Cash Cow! With rents on the rise, do not miss this rare opportunity to purchase this income-producing 3 family home located in the Forest Park section of Springfield. Generate immediate cash flow as an investor or potentially live for free in one of the units while your tenant in the other unit pays you rent. Each unit features over 1000 square feet of living space with 3 bedrooms, an eat in kitchen, foyer, laundry room and living room. Tenants each pay for their own utilities. Lead Certificates available. this property is an attractive option for those looking to grow their real estate portfolio or start a new investment journey. Don't miss out on this golden opportunity to secure a steady stream of rental income. Contact us today for a viewing!

Last Agent to Sell the Property

Ed Nunez

NRG Real Estate Services, Inc. Listed on: 09/06/2024

Last Buyer's Agent

Dennis McClosky

Redfin Corp.

Redfin Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 12, 2024
Sold by
Mathur Nishant
Bought by
Bloomfield Street Llc
Seller's Agent
Ed Nunez
NRG Real Estate Services, Inc.
Buyer's Agent
Dennis McClosky
Redfin Corp.
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
Views
9
Current Estimated Value
$432,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,574
Avg. Annual Appreciation
2.86%
Original Mortgage
$318,750
Outstanding Balance
$316,855
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,881

Purchase Details

Closed on
Sep 29, 2017
Sold by
Slaughter Seneca P
Bought by
Watkins Sheena H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2010
Sold by
Wachovia Mortgage Corp
Bought by
Slaughter Seneca P

Purchase Details

Closed on
Jul 28, 2010
Sold by
Mathieu Judith and Wachovia Mtg Corp
Bought by
Wachovia Mortgage Corp

Purchase Details

Closed on
Aug 3, 2004
Sold by
Morales Andres E
Bought by
Mathieu Francois and Mathieu Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Torres-Rivera Eugenia
Bought by
Morales Andres E

Purchase Details

Closed on
Sep 20, 2000
Sold by
Hernandez Antonio and Hernandez Lizette
Bought by
Torres-Rivera Eugenia

Purchase Details

Closed on
Aug 29, 1997
Sold by
Murray John T
Bought by
Hernandez Antonio and Hernandez Lizette

Purchase Details

Closed on
Jun 24, 1997
Sold by
Damato Anthony S and Damato Barbara A
Bought by
Murray John T
Source: Public Records

Similar Homes in Springfield, MA

  • 81-83 Beaumont St, Springfield, MA 01108

    $415,000

    • 9 Beds
    • 3 Baths
    • 3,924 Sq Ft
    • 81-83 Beaumont St
    • Springfield, MA

    INVESTORS WANTED!!!! Excellent investment opportunity. Well maintained, fully rented 3 family with vinyl siding, replacement windows. First Floor Unit has eat in kitchen, laundry in unit, 3 bedrooms and 1 bath. 2nd floor has 3 bedrooms, laundry in unit, kitchen and living room. Same floor plan on the 3rd floor except their laundry is in the kitchen, still 3 beds, living and eat in kitchen. The

    Don Thompson NextHome Elite Realty

    Section Image
  • 69-71 Ranney St, Springfield, MA 01108

    $450,000

    • 8 Beds
    • 2 Baths
    • 3,262 Sq Ft
    • 69-71 Ranney St
    • Springfield, MA

    Prime Investment Opportunity - Fully remodeled 2-Family in a Desirable Location! Nestled in a centrally located neighborhood, this property offers easy access to shopping, dining, and schools. The first floor unit has 2 bedrooms, bath, kitchen, living and dining room. The second unit occupies the second and third floors, with 6 bedrooms, bath, kitchen, living and dining room. Spacious units,

    Emmanuel Pedro Ideal Real Estate Services, Inc.

    Section Image
  • 292-294 Orange St, Springfield, MA 01108

    $469,900

    • 8 Beds
    • 4 Baths
    • 2,471 Sq Ft
    • 292-294 Orange St
    • Springfield, MA

    Don’t miss this fully renovated 2-family home offering a total of 8 bedrooms and 4 bathrooms on a spacious 9,600+ sq ft corner lot. Each unit has been tastefully updated with modern kitchens, updated baths, and new flooring, making it perfect for owner-occupants or investors. The property includes a detached 2-car garage, a beautifully maintained yard, and plenty of outdoor space. Located in a

    Carlos Colondres Lock and Key Realty Inc.

    Section Image
  • 79 Keith St, Springfield, MA 01108

    $425,000

    • 9 Beds
    • 3 Baths
    • 3,996 Sq Ft
    • 79 Keith St
    • Springfield, MA

    BOM .. No fault of Seller or Buyer got cold feet . BRAND NEW ROOF !!!! Almost 4000 sq feet of living space. This Three Family home is ln the Forest Park Section of Springfield and conveniently located minutes to Downtown Springfield and MGM Casino. This home would be great for Owner Occupied or Investment. Total of 9 Bedrroms, 3 bedrooms each unit. Plenty of Parking. Rental income potential

    Brandi Gamble-Eddington Naples Realty Group

    Section Image
  • 3 Sorrento St, Springfield, MA 01108

    $385,000

    • 8 Beds
    • 2 Baths
    • 3,277 Sq Ft
    • 3 Sorrento St
    • Springfield, MA

    Move in Ready! This beautiful large two-family home with multi-level living with over 3,276 sq. feet of living. Spacious and attractive, this family home features open porches at the rear and front, gas boilers, and hardwood floors throughout most of the house. The kitchens have been updated and there are large living spaces and bedrooms. Situated on a corner lot in the Forest Park neighborhood,

    Daisy Sanchez RE/MAX IGNITE

    Section Image
  • 6-8 Pomona St, Springfield, MA 01108

    $474,999

    • 9 Beds
    • 3 Baths
    • 3,868 Sq Ft
    • 6-8 Pomona St
    • Springfield, MA

    This lovely 3 family property located in the Forest Park area of Springfield near Longmeadow, has great curb appeal! The property features beautiful hardwood floors, high ceilings, spacious rooms and also gets lots of natural light. The plumbing for the main drain was replaced in 2024 and in 2018 the electrical panels and a number of major systems were upgraded. Unit 2 just got renovated and is

    Irina Rosario Contreras Weichert REALTORS®, Hope & Associates

    Section Image
  • 373 Orange St, Springfield, MA 01108

    $449,000

    • 8 Beds
    • 2 Baths
    • 3,200 Sq Ft
    • 373 Orange St
    • Springfield, MA

    Fully Renovated 2-Family with Impressive Space & Updates! This massive two-family property is completely renovated from top to bottom and ready for its next owner or investor! The first-floor unit offers 3 spacious bedrooms and 1 full bath, while the second unit spans two levels with 5/6 generous bedrooms and 1 bath, perfect for large households or maximizing rental income. Both units feature

    WayLynn Garcia Executive Real Estate - Feeding Hills

    Section Image
  • 76-78 Virginia St, Springfield, MA 01108

    $430,000

    • 8 Beds
    • 3.5 Baths
    • 3,348 Sq Ft
    • 76-78 Virginia St
    • Springfield, MA

    Looking for the perfect multi-family investment? This Boston-style duplex in Springfield’s desirable Forest Park neighborhood checks all the boxes with space, location, and potential. This fully rented, income-producing property offers over 3,300 sq ft of living space,a newer roof - making it an ideal addition to any investor’s portfolio. Each side-by-side unit features 4 bedrooms, with Unit 76

    Carlos Ramos Executive Real Estate, Inc.

    Section Image
  • 58-60 Virginia St, Springfield, MA 01108

    $464,900

    • 9 Beds
    • 3 Baths
    • 3,300 Sq Ft
    • 58-60 Virginia St
    • Springfield, MA

    Investor’s Dream in Prime Location With The Potential For One Vacant Unit! This Boston-style duplex offers strong cash flow currently being rented at $3,950 a month! Featuring 9 bedrooms and 3 full bathrooms, this spacious two-family home is the perfect income producing opportunity. Both units feature hardwood flooring throughout, kitchens with granite countertops and stainless steel appliances.

    Regina Hudson Homes Logic Real Estate, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $180,000 --
Deed $50,000 --
Deed $50,000 --
Foreclosure Deed $58,650 --
Foreclosure Deed $58,650 --
Deed $170,000 --
Deed $170,000 --
Deed $126,000 --
Deed $126,000 --
Deed $105,000 --
Deed $105,000 --
Deed $95,000 --
Deed $95,000 --
Deed $52,000 --
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 Purchase Money Mortgage
Closed $318,750 Purchase Money Mortgage
Previous Owner $50,558 Stand Alone Refi Refinance Of Original Loan
Previous Owner $176,739 FHA
Previous Owner $2,500 Unknown
Previous Owner $70,000 No Value Available
Previous Owner $169,200 No Value Available
Previous Owner $136,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $425,000 +6.5% $116 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $399,000 -- $109 / 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 $5,684 $362,500 $31,300 $331,200
2024 $5,399 $336,200 $31,300 $304,900
2023 $4,295 $251,900 $28,500 $223,400
2022 $4,662 $247,700 $26,600 $221,100
2021 $4,313 $228,200 $24,200 $204,000
2020 $4,092 $209,500 $24,200 $185,300
2019 $3,792 $192,700 $24,200 $168,500
2018 $3,503 $178,000 $24,200 $153,800
2017 $3,266 $166,100 $22,700 $143,400
2016 $2,884 $146,700 $22,700 $124,000
2015 $2,939 $149,400 $22,700 $126,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73286352

MLS Property Information Network (MLS PIN)

APN: SPRI-001580-000000-000077