NOT LISTED FOR SALE

45 Forest Park Ave Unit 47 Springfield, MA 01108

Forest Park Neighborhood

Estimated Value: $290,000 - $354,982

4 Beds
2 Baths
2,240 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $287,000 $128 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,209/month

6 Days on Market

About This Home

As of February 2022

Great opportunity to own this spacious 2 unit rental property in Springfield. 1980's built two family nestled amongst historic homes. First floor unit with long term tenant, with updated flooring, kitchen, bathroom and two large bedrooms. Second floor was owner occupied. Granite counters in kitchen, updated bathroom, large living room and bedrooms. Full basement with separate storage areas for both units and separate laundry. Two car garage and off street parking. Second floor unit will be vacant for closing. If you're looking for a home run property to start your investment portfolio, or live in and let your tenant pay the mortgage, schedule your showing today, you will not be disappointed on this one!

Last Agent to Sell the Property

The Neilsen Team

Neilsen Realty LLC Listed on: 12/15/2021

Neilsen Realty LLC

Co-Listed By

Rebecca Smith

The Neilsen Team

Last Buyer's Agent

Drew Rodman

Lock and Key Realty Inc.

Lock and Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,286

Year Built

  • 1988

Lot Details

  • 5,663

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,286

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Belmont ave to Forest Park ave
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater
  • Has Basement: Full, Interior Entry, Bulkhead
  • Total Bathrooms: 2
  • MAIN LO: M95273
  • LIST PRICE PER Sq Ft: 127.23
  • PRICE PER Sq Ft: 128.13
  • MAIN SO: AN5521
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet,Laminate, Unit 1(undefined), Unit 2(Tile Floor)
  • Interior Amenities: Other (See Remarks), Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Stone/Granite/Solid Counters,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Easement For Access To Parking Area For House Next Door.
  • Lot Features: Easements
  • Patio And Porch Features: Covered
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, University

Lot Info

  • LOT SIZE: 5536
  • PAGE: 478
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5662.8
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 22200
  • Property Net Operating Income: 22200
  • Number Of Units Total: 2
  • Total Actual Rent: 1850

Tax Info

  • Tax Annual Amount: 4154.22
  • Tax Book Number: 20602
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Colon Cherialy
Bought by
Simancas Milton and Simancas Liliam
Current Estimated Value
$334,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$246,035
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$88,461

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 4, 2022
Sold by
Alejandro Justin M and Alejandro Edgar H
Bought by
Colon Cherialy
Seller's Agent
The Neilsen Team
Neilsen Realty LLC
Buyer's Agent
Drew Rodman
Lock and Key Realty Inc.
List Price
$285,000
Sold Price
$287,000
Premium/Discount to List
$2,000
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$278,390
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 20, 2015
Sold by
Est Rickus Robert M and Holve Doris G
Bought by
Alejandro Justin M and Alejandro H
Seller's Agent
Dot Lortie
Dot Lortie Realty / Landmark
Buyer's Agent
The Acuna Group
List Price
$144,900
Sold Price
$139,000
Premium/Discount to List
-$5,900
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$108,400
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Samol Harriet L and Samol Alexander E
Bought by
Rickus Robert M
Source: Public Records

Range of Values:

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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
Simancas Milton $330,000 None Available
Simancas Milton $330,000 None Available
Colon Cherialy $287,000 None Available
Colon Cherialy $287,000 None Available
Alejandro Justin M $135,500 --
Alejandro Justin M $135,500 --
Rickus Robert M $125,500 --
Rickus Robert M $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simancas Milton $247,500
Closed Simancas Milton $247,500
Previous Owner Colon Cherialy $278,390
Previous Owner Alejandro Justin M $108,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold $287,000 +0.7% $128 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $285,000 +105.0% $127 / Sq Ft
02/20/2015 02/20/15 Sold $139,000 -4.1% $62 / Sq Ft View Prior Sale
01/21/2015 01/21/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $144,900 -- $65 / 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 $5,286 $337,100 $37,500 $299,600
2024 $5,529 $344,300 $37,500 $306,800
2023 $4,622 $271,100 $35,300 $235,800
2022 $4,315 $229,300 $33,000 $196,300
2021 $4,154 $219,800 $30,000 $189,800
2020 $3,556 $182,100 $30,000 $152,100
2019 $3,466 $176,100 $31,000 $145,100
2018 $3,393 $172,400 $31,000 $141,400
2017 $3,132 $159,300 $31,000 $128,300
2016 $3,169 $161,200 $31,000 $130,200
2015 $3,041 $154,600 $31,000 $123,600
Source: Public Records

Agents Affiliated with this Home

  • The Neilsen Team

    Seller's Agent in 2022

    The Neilsen Team

    Neilsen Realty LLC

    (413) 749-2556

    26 in this area

    375 Total Sales

    The Neilsen Team
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Rebecca Smith

    The Neilsen Team

    3 in this area

    34 Total Sales

    Rebecca Smith
    Section Image
  • Drew Rodman

    Buyer's Agent in 2022

    Drew Rodman

    Lock and Key Realty Inc.

    (413) 386-3558

    17 in this area

    104 Total Sales

    Drew Rodman
    Section Image
  • Dot Lortie

    Seller's Agent in 2015

    Dot Lortie

    Dot Lortie Realty / Landmark

    (413) 783-0195

    4 in this area

    35 Total Sales

    Dot Lortie
    Section Image
  • The Acuna Group

    Buyer's Agent in 2015

    The Acuna Group

    (413) 626-4097

    13 in this area

    144 Total Sales

    The Acuna Group
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72927957

MLS Property Information Network (MLS PIN)

APN: SPRI-005280-000000-000127

Massachusetts Hampden County Springfield 01108 Forest Park

45 Forest Park Ave Unit 47, Springfield, MA

This home is located at 45 Forest Park Ave Unit 47, Springfield, MA 01108 since 15 December 2021 and is currently estimated at $334,496, approximately $149 per square foot. This property was built in 1988. 45 Forest Park Ave Unit 47 is a home located in Hampden County with nearby schools including Sumner Avenue Elementary School, Forest Park Middle School, and High School Of Commerce.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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