NOT LISTED FOR SALE

46 Albemarle St Unit 48 Springfield, MA 01109

Upper Hill Neighborhood

Estimated Value: $314,834 - $460,000

10 Beds
4 Baths
3,394 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $320,000 $94 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,524/month

9 Days on Market

About This Home

As of January 2022

This Is The One!!!! Huge 2 Family With 3rd Floor In Law Suite, First Floor Has 3 Bedrooms 1 Full Bath, Finished Basement With 2 Additional Bedrooms And Full Bath Currently Not Included In The Lease! Second Floor Has 3 Bedrooms, Formal Living Room And Dining Room, 3rd Floor in Law Suite Has Kitchenette, Bathroom And 2 More Additional Bedrooms, There Is Nothing To Do But Move In And Start Making Passive Income! Perfect For Large Family Or Someone Who Wants To Be A Landlord And Have A Good Cash Flow, Replacement Windows Throughout, Roof Is In Great Condition! Plenty Of Offstreet Parking And Nice Backyard For The Summer Cookouts. Top 2 Floors Are Vacant And Ready For Owner Occupancy. rcSchedule Your Showing Today This One Will Not Last.

Last Agent to Sell the Property

Paul Gallagher

Gallagher Real Estate Listed on: 11/23/2021

Gallagher Real Estate

Last Buyer's Agent

New Homes Realty Group

Gallagher Real Estate

Gallagher Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,322

Year Built

  • 1912

Lot Details

  • 6,098

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,322

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Take A Right On Albemarle
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1912

Interior Features

  • Total Bathrooms: 4
  • MAIN LO: AN1364
  • LIST PRICE PER Sq Ft: 82.35
  • PRICE PER Sq Ft: 94.28
  • MAIN SO: AN1364
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Foundation Details: Brick/Mortar
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 5998
  • PAGE: 403
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6098.4
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 38400
  • Property Net Operating Income: 38400
  • Number Of Units Total: 2
  • Total Actual Rent: 3200

Tax Info

  • Tax Annual Amount: 2731
  • Tax Book Number: 19860
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 14, 2022
Sold by
Reyes Rafael A
Bought by
Olivares-Vasquez Elvis E
Seller's Agent
Paul Gallagher
Gallagher Real Estate
Buyer's Agent
New Homes Realty Group
Gallagher Real Estate
List Price
$279,488
Sold Price
$320,000
Premium/Discount to List
$40,512
14.5%
Total Days on Market
9
Current Estimated Value
$391,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,959
Avg. Annual Appreciation
5.56%
Original Mortgage
$314,204
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jun 10, 2013
Sold by
Fnma
Bought by
Reyes Rafael A
Seller's Agent
Douglas Coombs
Coldwell Banker Realty - Western MA
Buyer's Agent
Maria Von Hollander
Coldwell Banker Realty - Western MA
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$98,188
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2011
Sold by
One West Bank
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Olivares-Vasquez Elvis E $320,000 None Available
Reyes Rafael A $100,000 --
Federal National Mortgage Association $175,185 --
Federal National Mortgage Association $175,185 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raphael Kenel $397,705
Closed Raphael Kenel $397,705
Closed Olivares-Vasquez Elvis E $314,204
Previous Owner Reyes Rafael A $98,188
Previous Owner South Ronald $159,200
Previous Owner South Ronald $100,000
Previous Owner South Ronald $50,000
Previous Owner South Ronald $80,000
Previous Owner Webley John S $36,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $320,000 +14.5% $94 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $279,488 +179.5% $82 / Sq Ft
06/10/2013 06/10/13 Sold $100,000 +0.1% $29 / Sq Ft
05/11/2013 05/11/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $99,900 -- $29 / 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 $5,322 $339,400 $31,100 $308,300
2024 $4,961 $308,900 $31,100 $277,800
2023 $4,019 $235,700 $28,300 $207,400
2022 $3,282 $174,400 $26,400 $148,000
2021 $2,731 $144,500 $18,700 $125,800
2020 $2,734 $140,000 $18,700 $121,300
2019 $2,606 $132,400 $16,000 $116,400
2018 $2,491 $126,600 $16,000 $110,600
2017 $2,385 $121,300 $15,000 $106,300
2016 $2,041 $103,800 $15,000 $88,800
2015 $2,008 $102,100 $15,000 $87,100
Source: Public Records

Agents Affiliated with this Home

  • Paul Gallagher

    Seller's Agent in 2022

    Paul Gallagher

    Gallagher Real Estate

    (413) 218-4899

    3 in this area

    508 Total Sales

    Paul Gallagher
    Section Image

  • N

    Buyer's Agent in 2022

    New Homes Realty Group

    Gallagher Real Estate

    (413) 505-7826

    13 in this area

    580 Total Sales

    New Homes Realty Group
    Section Image

  • D

    Seller's Agent in 2013

    Douglas Coombs

    Coldwell Banker Realty - Western MA

  • Maria Von Hollander

    Buyer's Agent in 2013

    Maria Von Hollander

    Coldwell Banker Realty - Western MA

    (413) 374-7220

    2 in this area

    77 Total Sales

    Maria Von Hollander
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72922514

MLS Property Information Network (MLS PIN)

APN: SPRI-000170-000000-000006

Massachusetts Hampden County Springfield 01109 Upper Hill

46 Albemarle St Unit 48, Springfield, MA

This home is located at 46 Albemarle St Unit 48, Springfield, MA 01109 since 23 November 2021 and is currently estimated at $391,959, approximately $115 per square foot. This property was built in 1912. 46 Albemarle St Unit 48 is a home located in Hampden County with nearby schools including Homer Street Elementary School, M Marcus Kiley Middle, and Springfield High School of Science and Technology.

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