NOT LISTED FOR SALE

46-48 Somerset St Springfield, MA 01108

Forest Park Neighborhood

Estimated Value: $343,471 - $382,000

6 Beds
2 Baths
2,418 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $312,000 $129 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,348/month

4 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Park
  • Wood Flooring
  • Enclosed Patio or Porch
  • 3-minute walk to Forest Park

About This Home

As of May 2022

Fully vacant multifamily coming your way! Perfect for a first-time home buyer looking to move in and offset payments or investor to add to their portfolio. This home contains 3 large sized bedrooms each. Roof is only a few months old with solar panels already in place. Oversized detached garage. Just a short walk to Forest Park. You do not want to miss out on this one!

Last Agent to Sell the Property

New Homes Realty Group

Gallagher Real Estate Listed on: 02/25/2022

Gallagher Real Estate

Co-Listed By

Lino Carrasquillo

Executive Real Estate, Inc.

Last Buyer's Agent

Carol Smith

Home Equity Assets Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1920

Lot Details

  • 5,663

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation

Interior Spaces

  • 2,418 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House
  • Washer

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Enclosed Patio or Porch
  • 5,663 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number S:10945 P:0010,2605790

Community Details

Overview

  • 2 Units

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,865

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Laminate,Hardwood
  • 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,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2418
  • Stories Total: 3
  • MAIN LO: AN1364
  • LIST PRICE PER Sq Ft: 124.07
  • PRICE PER Sq Ft: 129.03
  • MAIN SO: AC1163

Exterior Features

  • Foundation Details: Block
  • Patio And Porch Features: Enclosed
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship

Lot Info

  • Parcel Number: S:10945 P:0010,2605790
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5502
  • PAGE: 404

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2865
  • Tax Book Number: 24108

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Wells Fargo Bank Na Tr
Bought by
Bonilla Feliciano A
Current Estimated Value
$364,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2019
Sold by
Marsh Leon
Bought by
Wells Fargo Bank Na Tr

Purchase Details

Closed on
Mar 15, 1996
Sold by
Fnma
Bought by
Marsh Leon

Purchase Details

Closed on
Aug 14, 1995
Sold by
Garlick Robert T and Garlick Mary B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 17, 1987
Sold by
Loyack Stephen G
Bought by
Murray James E
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
Robinson Kerryann $312,000 None Available
Robinson Kerryann $312,000 None Available
Bonilla Feliciano A $159,200 None Available
Bonilla Feliciano A $159,200 None Available
Wells Fargo Bank Na Tr $127,073 None Available
-- $127,073 None Available
Marsh Leon $57,000 --
Marsh Leon $57,000 --
Federal National Mortgage Association $38,250 --
Federal National Mortgage Association $38,250 --
Murray James E $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Kerryann $306,348
Previous Owner Bonilla Feliciano A $133,000
Previous Owner Murray James E $48,000
Previous Owner Murray James E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $312,000 +4.0% $129 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $299,999 -- $124 / 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 $4,958 $316,200 $37,500 $278,700
2024 $4,900 $305,100 $37,500 $267,600
2023 $4,615 $270,700 $35,300 $235,400
2022 $3,058 $162,500 $33,000 $129,500
2021 $2,865 $151,600 $30,000 $121,600
2020 $2,822 $144,500 $30,000 $114,500
2019 $2,476 $125,800 $31,000 $94,800
2018 $2,549 $129,500 $31,000 $98,500
2017 $2,522 $128,300 $31,000 $97,300
2016 $2,495 $126,900 $31,000 $95,900
2015 $2,400 $122,000 $31,000 $91,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    New Homes Realty Group

    Gallagher Real Estate

    (413) 505-7826

    75 in this area

    604 Total Sales

    New Homes Realty Group
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lino Carrasquillo

    Executive Real Estate, Inc.

    Section Image

  • C

    Buyer's Agent in 2022

    Carol Smith

    Home Equity Assets Realty, LLC

    (413) 433-0252

    19 in this area

    108 Total Sales

    Carol Smith
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72946074

MLS Property Information Network (MLS PIN)

APN: SPRI-010945-000000-000010

Massachusetts Hampden County Springfield 01108 Forest Park

46-48 Somerset St, Springfield, MA

This home is located at 46-48 Somerset St, Springfield, MA 01108 since 25 February 2022 and is currently estimated at $364,868, approximately $150 per square foot. This property was built in 1920. 46-48 Somerset St is a home located in Hampden County with nearby schools including Washington 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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