47 Belle Ave Unit 49 West Springfield, MA 01089
Estimated Value: $311,836 - $384,000
6
Beds
4
Baths
2,300
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Tennis Courts
- Medical Services
- Community Pool
- Jogging Path
About This Home
As of April 2023ATTENTION INVESTORS & SAVVY BUYERS! Opportunity knocks in this well-maintained Vinyl Sided Two Family Home w/Front Porches situated on a nice size partially fenced lot that is conveniently located near Schools, Shops, Restaurants and Highways. Each spacious unit offers separate utilities w/Circuit Breakers, Gas Heat & Gas Hot Water. Both Units boasts large Living Rooms & Eat-In Kitchens w/1st Floor Unit offering 2 Bedrooms, 2 Full Baths and finished rooms in the Basement and the 2nd Floor Unit offering 4 Bedrooms, 2 Full Baths and finished rooms in the 3rd Floor. Recent renovations in 2nd Floor Unit include APO: Interior Paint / Flooring / Updated Kitchen & Bathrooms. Long term Tenants (currently month-to-month) and strong cash flow w/potential to grow. Great investment property for the Buyer that wants the rent to pay the mortgage or for extra income rewards...this one just makes dollars and cents!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,524
Year Built
- Built in 1900
Lot Details
- 3,900 Sq Ft Lot
- Street terminates at a dead end
Home Design
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,300 Sq Ft Home
- Property has 1 Level
- Insulated Windows
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
- Separate Meters
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $2,499
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 2655823
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $29,988
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
Apr 3, 2023
Sold by
Ofd Partners Llc
Bought by
Mustapha Bolaji
Seller's Agent
Kelley And Katzer Team
Kelley & Katzer Real Estate, LLC
Buyer's Agent
Lisa White
Coldwell Banker Realty - Western MA
List Price
$289,900
Sold Price
$320,000
Premium/Discount to List
$30,100
10.38%
Total Days on Market
17
Views
265
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,959
Avg. Annual Appreciation
3.74%
Original Mortgage
$240,000
Outstanding Balance
$235,275
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$110,392
Purchase Details
Closed on
Jan 10, 2005
Sold by
Shpak Boris and Shpak Tatyana
Bought by
Ofd Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 26, 2001
Sold by
Katykhin Oleg
Bought by
Shpak Boris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,346
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 10, 2000
Sold by
Department Of Housing & Urban Dev
Bought by
Katykhin Oleg
Purchase Details
Closed on
Oct 25, 1996
Sold by
Brown Christopher A and Brown Kathleen J
Bought by
Assoc Natl Mtg Corp
Purchase Details
Closed on
Jul 29, 1988
Sold by
Brown Stephen
Bought by
Brown Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,484
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
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
Similar Home in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mustapha Bolaji | $320,000 | None Available | |
| Ofd Partners Llc | $190,000 | -- | |
| Shpak Boris | $107,000 | -- | |
| Katykhin Oleg | $30,550 | -- | |
| Assoc Natl Mtg Corp | $130,293 | -- | |
| Brown Christopher | $115,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mustapha Bolaji | $240,000 | |
| Previous Owner | Ofd Partners Llc | $152,000 | |
| Previous Owner | Shpak Boris | $19,300 | |
| Previous Owner | Shpak Boris | $111,000 | |
| Previous Owner | Shpak Boris | $8,710 | |
| Previous Owner | Brown Christopher | $105,346 | |
| Previous Owner | Brown Christopher | $116,484 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2023 04/03/23 | Sold | $320,000 | +10.4% | $139 / Sq Ft |
| 02/27/2023 02/27/23 | Pending | -- | -- | -- |
| 02/09/2023 02/09/23 | For Sale | $289,900 | -- | $126 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,622 | $243,600 | $84,100 | $159,500 |
| 2024 | $3,608 | $243,600 | $84,100 | $159,500 |
| 2023 | $3,524 | $226,800 | $84,100 | $142,700 |
| 2022 | $3,270 | $207,500 | $76,300 | $131,200 |
| 2021 | $2,658 | $157,300 | $60,700 | $96,600 |
| 2020 | $2,671 | $157,200 | $60,700 | $96,500 |
| 2019 | $2,666 | $157,200 | $60,700 | $96,500 |
| 2018 | $2,680 | $157,200 | $60,700 | $96,500 |
| 2017 | $2,680 | $157,200 | $60,700 | $96,500 |
| 2016 | $2,632 | $154,900 | $58,400 | $96,500 |
| 2015 | $2,740 | $161,300 | $57,300 | $104,000 |
| 2014 | $2,647 | $161,300 | $57,300 | $104,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kelley And Katzer Team
K
Seller's Agent in 2023
Kelley And Katzer Team
Kelley & Katzer Real Estate, LLC
260 in this area
761 Total Sales
-
Joseph Kelley
Seller Co-Listing Agent in 2023
Joseph Kelley
Kelley & Katzer Real Estate, LLC
260 in this area
761 Total Sales
-
Lisa White
Buyer's Agent in 2023
Lisa White
Coldwell Banker Realty - Western MA
(413) 896-4777
3 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73077919
APN: WSPR-000133-009600-000018
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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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