NOT LISTED FOR SALE

55-57 Forest Park Ave Springfield, MA 01108

Forest Park Neighborhood

Estimated Value: $380,000 - $392,471

6 Beds
2 Baths
2,510 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2022

Last sale price $315,000 $125 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,562 / mo

Highlights

  • Medical Services
  • Property is near public transit and schools
  • 2 Fireplaces
  • 0.3 Acre Lot
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of June 2022

OFFER DEADLINE TUES 5/17 AT 5PM! Wow! This 6 bedroom, 2 unit family home conveniently located in Forest Park has so much to offer! An amazing opportunity to owner-occupy and have your mortgage covered (plus some) by renting out a unit or adding to your investment portfolio! Each unit has a living room and spacious dining room with hardwood floors, kitchen, full bathroom and three spacious bedrooms. Both units also have enclosed porches. The second floor unit has been remodeled with new windows, fresh paint, updated lighting, brand new kitchen and bathroom remodel! A superb location within walking distance to Forest Park and easy access to shopping, restaurants and highways for quick convenient commutes. Vinyl siding, separate utilities for each unit and gas heating complete the features of this great investment property.

Last Agent to Sell the Property

Kelsey Thompson Team

Lock and Key Realty Inc. Listed on: 05/13/2022

Lock and Key Realty Inc.

Last Buyer's Agent

Alicia Shorrow

Century 21 XSELL REALTY

Century 21 XSELL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1914

Lot Details

  • 13,186 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,510 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit and schools

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,200
  • Rent includes unit 1(hot water), unit 2(hot water)
  • Assessor Parcel Number S:05280 P:0124,2584976

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,619

Year Built

Built in 1914

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1914
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Tile,Laminate, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2510
  • Stories Total: 4
  • MAIN LO: M95273
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Enclosed
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Hot Water), Unit 2(Hot Water)

Lot Info

  • Parcel Number: S:05280 P:0124,2584976
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13186
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3619

Multi Family

  • Net Operating Income: 14400
  • Number Of Units Total: 2
  • Total Actual Rent: 1200
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 28, 2022
Sold by
Bought by
Seller's Agent
Kelsey Thompson Team
Lock and Key Realty Inc.
Buyer's Agent
Alicia Shorrow
Century 21 XSELL REALTY
List Price
$259,000
Sold Price
$315,000
Premium/Discount to List
$56,000
21.62%
Current Estimated Value
$385,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,868
Avg. Annual Appreciation
5.10%
Original Mortgage
$309,294
Interest Rate
0.0499%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2022
Sold by
Bought by

Purchase Details

Listed on
Jul 9, 2019
Closed on
Sep 9, 2019
Sold by
Bought by
Seller's Agent
Stacy Weingarten
ROVI Homes
Buyer's Agent
Peter Ellis
SR Commercial Realty
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$123,750
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2003
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 None Available
-- None Available
$165,000 --
-- --
$67,000 --
$68,250 --
-- --
$145,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $309,294
Previous Owner $123,750
Previous Owner $436,448
Previous Owner $159,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2022 06/28/22 Sold $315,000 +21.6% $125 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $259,000 +57.0% $103 / Sq Ft
09/09/2019 09/09/19 Sold $165,000 +3.2% $65 / Sq Ft View Prior Sale
07/12/2019 07/12/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $159,900 -- $63 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,524 $352,300 $40,400 $311,900
2024 $5,727 $356,600 $40,400 $316,200
2023 $4,716 $276,600 $38,000 $238,600
2022 $3,619 $192,300 $35,600 $156,700
2021 $3,300 $174,600 $32,400 $142,200
2020 $2,830 $144,900 $32,400 $112,500
2019 $2,684 $136,400 $33,400 $103,000
2018 $2,665 $135,400 $33,400 $102,000
2017 $2,583 $131,400 $33,400 $98,000
2016 $2,560 $130,200 $33,400 $96,800
2015 $2,500 $127,100 $33,400 $93,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kelsey Thompson Team

    Lock and Key Realty Inc.

    Section Image
  • Alicia Shorrow

    Buyer's Agent in 2022

    Alicia Shorrow

    Century 21 XSELL REALTY

    (617) 202-8382

    1 in this area

    32 Total Sales

    Alicia Shorrow
    Section Image

  • S

    Seller's Agent in 2019

    Stacy Weingarten

    ROVI Homes

    Section Image

  • P

    Buyer's Agent in 2019

    Peter Ellis

    SR Commercial Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72981545

MLS Property Information Network (MLS PIN)

APN: SPRI-005280-000000-000124

Massachusetts Hampden County Springfield 01108 Forest Park

55-57 Forest Park Ave, Springfield, MA

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MLS Property Information Network (MLS PIN) 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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