NOT LISTED FOR SALE

Estimated Value: $227,000 - $358,000

11 Beds
8 Baths
5,440 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $275,000 $51 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,656/month

452 Days on Market

About This Home

As of June 2017

Fully Rented - 100% occupancy. Renovations completed to allow for prompt sale. Motivated seller. Major Renovation completed Dec 2015 on Brick Front = Come take a new look. Great cash flow on these 2-Unit + 6-unit apt buildings. To be sold and shown together. Much of the heavy lifting has been done including a new roof '06, new fire escapes '07, Renovated apartments within the last three years, and updated electric. Replacement windows and gravel driveway. These properties currently gross $18,000/year for the 2-Unit + $55,000 a year from the 6-unit. Owner is very motivated. All units have separate utilities paid for by each tenant + an owner's electric meter for common areas. Conveniently located in the heart of Chicopee center, Western Massachusetts. Corner of Exchange Street & Dwight Street - minutes from Elms College, City Hall, the Mass Pike (Exit 5) and Springfield, Mass. Make an offer and own this money maker!! 51 Dwight St is Fully Deleaded.

Last Agent to Sell the Property

Chris Buendo

Berkshire Hathaway HomeServices Realty Professionals Listed on: 02/24/2016

Berkshire Hathaway HomeServices Realty Professionals

Last Buyer's Agent

Chris Buendo

Berkshire Hathaway HomeServices Realty Professionals Listed on: 02/24/2016

Berkshire Hathaway HomeServices Realty Professionals

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Additional Land Avail., Level, City View(s)
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 4400
  • Year Built Description: Renovated Since
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 7
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 23
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Medical Facility, Laundromat, Highway Access, House of Worship
  • Electric: 220 Volts, Circuit Breakers, 200 Amps, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Laminate
  • Basement: Partial, Interior Access, Dirt Floor, Unfinished Basement
  • Full Bathrooms: 8
  • Total Levels: 7
  • Main Lo: AC1382
  • Main So: AC1382
  • Estimated Sq Ft: 5440.00

Exterior Features

  • Frontage: 100.00
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Features: Gutters, Screens
  • Foundation: Concrete Block, Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 14

Utilities

  • Heat Zones: 8
  • Hot Water: Natural Gas, Electric
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 529
  • Sewer: 1566

Condo/Co-op/Association

  • Total Units: 8

Lot Info

  • Assessor Parcel Number: M:0077 P:00084
  • Zoning: Apt Bldg
  • Acre: 0.29
  • Lot Size: 12632.00

Multi Family

  • APOD Available: Yes
  • Appliances Common: Range, Refrigerator
  • Expenses Year End: 12/15
  • Foundation: 24 x 80
  • Heat Units: 8
  • Total Bedrooms: 11
  • Total Floors: 8
  • Total Full Baths: 8
  • Total Levels: 2
  • Total Rms: 35
  • Total Rent_1: 6300
  • Multi Family Type: 5-9 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2010
Sold by
Fnma
Bought by
Chicopee Nbrhd Dev
Current Estimated Value
$272,490

Purchase Details

Closed on
Jul 15, 2010
Sold by
Allard Barbara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 2, 2005
Sold by
Thurrott Jonathan L
Bought by
Allard Barbara and Traynor Marybeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chicopee Nbrhd Dev $27,500 --
Federal National Mortgage Association $97,603 --
Allard Barbara $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allard Barbara $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2017 06/14/17 Sold $275,000 -12.7% $51 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
04/05/2017 04/05/17 Price Changed $314,900 0.0% $58 / Sq Ft
03/24/2017 03/24/17 Price Changed $315,000 +1.6% $58 / Sq Ft
01/17/2017 01/17/17 Price Changed $310,000 -1.9% $57 / Sq Ft
11/29/2016 11/29/16 Price Changed $315,900 -1.2% $58 / Sq Ft
11/09/2016 11/09/16 Price Changed $319,700 0.0% $59 / Sq Ft
10/31/2016 10/31/16 Price Changed $319,800 0.0% $59 / Sq Ft
10/24/2016 10/24/16 Price Changed $319,900 0.0% $59 / Sq Ft
10/03/2016 10/03/16 Price Changed $320,000 -2.9% $59 / Sq Ft
09/29/2016 09/29/16 Price Changed $329,500 -0.1% $61 / Sq Ft
09/27/2016 09/27/16 Price Changed $329,700 0.0% $61 / Sq Ft
09/20/2016 09/20/16 Price Changed $329,800 0.0% $61 / Sq Ft
08/18/2016 08/18/16 Price Changed $329,900 0.0% $61 / Sq Ft
08/10/2016 08/10/16 Price Changed $330,000 +4.1% $61 / Sq Ft
06/10/2016 06/10/16 Price Changed $317,000 -0.3% $58 / Sq Ft
04/24/2016 04/24/16 Price Changed $318,000 -0.3% $58 / Sq Ft
03/27/2016 03/27/16 Price Changed $319,000 -0.3% $59 / Sq Ft
02/24/2016 02/24/16 For Sale $320,000 -- $59 / 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 $2,744 $181,000 $52,500 $128,500
2024 $2,595 $175,800 $51,400 $124,400
2023 $2,422 $159,900 $46,800 $113,100
2022 $2,367 $139,300 $40,600 $98,700
2021 $2,244 $127,400 $36,900 $90,500
2020 $2,116 $121,200 $36,900 $84,300
2019 $2,065 $115,000 $36,900 $78,100
2018 $2,018 $110,200 $35,200 $75,000
2017 $1,949 $112,600 $40,200 $72,400
2016 $1,343 $79,400 $40,200 $39,200
2015 $1,496 $85,300 $40,200 $45,100
2014 $1,408 $85,300 $40,200 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71962608

MLS Property Information Network (MLS PIN)

APN: CHIC-000077-000000-000083