N
Seller's Agent in 2022
New Homes Realty Group
Gallagher Real Estate
(413) 505-7826
6 in this area
577 Total Sales
514 Chestnut St Springfield, MA 01107
Memorial Square NeighborhoodEstimated Value: $314,098 - $410,000
8
Beds
3
Baths
4,090
Sq Ft
$87/Sq Ft
Est. Value
About This Home
As of December 2022BACK ON THE MARKET after some new updates. Perfect opportunity for investors or owner occupied. The first floor is in amazing condition featuring 3 bedrooms and 1 bath. Second floor has the same setup but it includes the finish attic with two extra bedrooms living room and a full bath. The first floor tenant has occupied the first floor for the last 17 years and has kept it in immaculate condition. The home is located near major hospitals, shopping areas, major highways, parks and many more. This home will generate a lot of income so do not miss the opportunity to make this your home or the opportunity to add this beautiful home to your investment portfolio. This home now has a month old roof and a brand new driveway.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,220
Year Built
- Built in 1901
Lot Details
- 4,879
Home Design
- Brick Foundation
Interior Spaces
- 4,090 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
Additional Features
- 4,879 Sq Ft Lot
- Gas Water Heater
Community Details
- 2 Units
- Net Operating Income $12,000
Listing and Financial Details
- Total Actual Rent $1,000
- Assessor Parcel Number S:02750 P:0159,2578107
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 14, 2024
Sold by
Demata Wendy R and Rodriguez Nestor V
Bought by
Demata Wendy R
Current Estimated Value
Purchase Details
Listed on
May 25, 2022
Closed on
Dec 9, 2022
Sold by
Gonzalez Jose
Bought by
Reyes-Demata Wendy and Velez-Rodriguez Nestor
Seller's Agent
New Homes Realty Group
Gallagher Real Estate
Buyer's Agent
Armando Roman
Signature Realty
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$274,928
Interest Rate
7.08%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 27, 1986
Bought by
Gonzalez Jose
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demata Wendy R | -- | None Available | |
| Reyes-Demata Wendy | $280,000 | None Available | |
| Gonzalez Jose | $58,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reyes-Demata Wendy | $274,928 | |
| Previous Owner | Gonzalez Jose | $92,999 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $280,000 | 0.0% | $68 / Sq Ft |
| 11/24/2022 11/24/22 | Off Market | $280,000 | -- | -- |
| 10/25/2022 10/25/22 | For Sale | $279,000 | 0.0% | $68 / Sq Ft |
| 09/24/2022 09/24/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | For Sale | $279,000 | -0.4% | $68 / Sq Ft |
| 08/17/2022 08/17/22 | Off Market | $280,000 | -- | -- |
| 07/11/2022 07/11/22 | For Sale | $279,000 | 0.0% | $68 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $279,000 | -- | $68 / 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 | $4,141 | $264,100 | $29,900 | $234,200 |
| 2024 | $4,201 | $261,600 | $29,900 | $231,700 |
| 2023 | $3,858 | $226,300 | $21,800 | $204,500 |
| 2022 | $3,220 | $171,100 | $19,800 | $151,300 |
| 2021 | $2,992 | $158,300 | $18,000 | $140,300 |
| 2020 | $2,476 | $126,800 | $18,000 | $108,800 |
| 2019 | $2,177 | $110,600 | $18,000 | $92,600 |
| 2018 | $2,232 | $113,400 | $18,000 | $95,400 |
| 2017 | $2,294 | $116,700 | $17,300 | $99,400 |
| 2016 | $2,153 | $109,500 | $17,300 | $92,200 |
| 2015 | $2,069 | $105,200 | $17,300 | $87,900 |
Source: Public Records
Agents Affiliated with this Home
-
New Homes Realty Group
-
Hairol Tejada
Seller Co-Listing Agent in 2022
Hairol Tejada
Naples Realty Group
(413) 304-0858
1 in this area
7 Total Sales
-
Armando Roman
Buyer's Agent in 2022
Armando Roman
Signature Realty
(413) 505-2891
1 in this area
117 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72987114
APN: SPRI-002750-000000-000159
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.
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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