NOT LISTED FOR SALE

50 State St Northampton, MA 01060

Estimated Value: $506,000 - $617,000

6 Beds
3 Baths
2,078 Sq Ft
$277/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $350,000 $168 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,763/month

21 Days on Market

About This Home

As of October 2018

****Rare downtown investment opportunity*** A total of (3) three family homes as well as 1 commercial building being offered as a “bundle”. Until recently, these buildings were owned for over 30 years by the same family. Current rents are attached but with some TLC all of these units could rent for significantly more considering their prime downtown locations. All tenants in all buildings are on “month to month” rentals. All properties are being sold together as a “bundle” in “as is” condition. Informational inspections will be allowed but results are not subject to negotiation.

Last Listed By

Patrick Goggins

Coldwell Banker Community REALTORS® Listed on: 09/04/2018

Coldwell Banker Community REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,493

Year Built

  • Built in 1900

Lot Details

  • 5,358

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,493

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 168.43
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: E21201
  • Main So: E21201
  • Estimated Sq Ft: 2078.00

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 308700.00
  • Lot Size: 0.12
  • Page: 274
  • Zoning: CB
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 2785
  • Total Rms: 10
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5340.00
  • Assessor Parcel Number: 3720165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 25, 2018
Sold by
Northeast Enterprises
Bought by
State St Northampton P
Seller's Agent
Patrick Goggins
Coldwell Banker Community REALTORS®
Buyer's Agent
Kimberly Goggins
5 College REALTORS® Northampton
List Price
$350,000
Sold Price
$350,000
Total Days on Market
21
Current Estimated Value
$575,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,667
Avg. Annual Appreciation
7.84%
Original Mortgage
$395,000
Outstanding Balance
$348,665
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$227,002

Purchase Details

Closed on
Jul 13, 2018
Sold by
Caroline C Gottlieb Re
Bought by
Northeast Ent Rlty Ptn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,936,000
Interest Rate
4.5%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Homes in Northampton, MA

  • 275 State St, Northampton, MA 01060

    $625,000

    • 5 Beds
    • 2 Baths
    • 2,506 Sq Ft
    • 275 State St
    • Northampton, MA

    Fantastic 2-family investment opportunity in the heart of Northampton! Ideally located just steps from the Northampton Bike Path and close to Smith College and downtown, this fully rented property offers excellent rental income and long-term potential. Recent updates include a newer roof and windows (approx. 5–10 years), vinyl siding, gas heat conversion, and updated kitchens and bathrooms in

    Hillary Koncal Lock and Key Realty Inc.

    Section Image
  • 245 South St, Northampton, MA 01060

    $625,000

    • 5 Beds
    • 2 Baths
    • 2,290 Sq Ft
    • 245 South St
    • Northampton, MA

    $57,554 Yearly Gross Income! And will be higher with a June $80.00/mo increase on Unit #245 & a $700/mo increase on Unit #247 = $66,914! List price reflects rent increases, true walk to N'hampton Ctr (1/2 mile!) location, the bike path is right around the corner, & amenities such as washer/dryer for each unit, 6 off street parking spaces (some tandem), shared garage for storage, use of the

    Micki Sanderson Delap Real Estate LLC

    Section Image
  • 203 Bridge St, Northampton, MA 01060

    $539,900

    • 6 Beds
    • 3 Baths
    • 2,923 Sq Ft
    • 203 Bridge St
    • Northampton, MA

    Welcome to this beautifully maintained three-family home, ideally located within walking distance to downtown Northampton! This property presents a fantastic opportunity for both investors and owner-occupiers seeking rental income in one of the most desirable areas in the Pioneer Valley. Enjoy the vibrant lifestyle of Northampton just steps away from local shops, restaurants, parks, and cultural

    Christopher Gerber Naples Realty Group

    Section Image

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
State St Northampton P $360,000 --
Northeast Ent Rlty Ptn $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open State St Northampton P $395,000
Previous Owner Northeast Ent Rlty Ptn $1,936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $350,000 0.0% $168 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $350,000 -- $168 / 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 $6,493 $466,100 $233,200 $232,900
2024 $6,058 $398,800 $212,100 $186,700
2023 $5,975 $377,200 $192,800 $184,400
2022 $6,163 $344,500 $180,200 $164,300
2021 $5,668 $326,300 $168,400 $157,900
2020 $5,482 $326,300 $168,400 $157,900
2019 $5,451 $313,800 $168,400 $145,400
2018 $5,298 $308,700 $168,400 $140,300
2017 $5,152 $308,700 $168,400 $140,300
2016 $4,989 $308,700 $168,400 $140,300
2015 $4,726 $299,100 $150,700 $148,400
2014 $4,603 $299,100 $150,700 $148,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72388043

MLS Property Information Network (MLS PIN)

APN: NHAM-000031B-000256-000001