NOT LISTED FOR SALE

56 Gates Ave Springfield, MA 01118

East Forest Park Neighborhood

Estimated Value: $392,611 - $456,000

3 Beds
2 Baths
1,768 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $231,000 $131 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,667/month

10 Days on Market

About This Home

As of October 2016

Fantastic location for this newer colonial which is located in a neighborhood of newer homes on a quiet dead end street. This fall you could enjoy the breathtaking view of Wilbraham Mountain from the farmers porch.The modern kitchen offers oak cabinets, ceramic tile flooring and back- splash,butcher block and back door out to a deck. Huge front to back living room and large formal dining room both have beautiful cherry hardwood flooring. All the bedrooms are located on the second floor and have wall to wall carpeting. There are two full baths, one on each floor. Very large master bedroom runs front to back.Large open basement, walls are studded and insulated and ready for sheet rock. This home has a high efficiency gas furnace and central air conditioning. Property was just evaluated and insulated by Mass Save. This property is a must see.

Last Agent to Sell the Property

Aldo Giella

Coldwell Banker Realty - Western MA Listed on: 08/15/2016

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Lisa Matondi-Merow

RE/MAX Prof Associates

RE/MAX Prof Associates

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1999

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Vent Hood
  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Shopping, Park, Medical Facility
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Fiberglass, Fiberglass - Loose
  • Basement: Full, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: R1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 6, 2016
Sold by
Wong Chi C and Wong Angelica M
Bought by
Pham Lien K
Seller's Agent
Aldo Giella
Coldwell Banker Realty - Western MA
Buyer's Agent
Lisa Matondi-Merow
RE/MAX Prof Associates
List Price
$134,900
Sold Price
$231,000
Premium/Discount to List
$96,100
71.24%
Current Estimated Value
$423,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,403
Avg. Annual Appreciation
6.75%
Original Mortgage
$184,800
Outstanding Balance
$148,011
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$275,392

Purchase Details

Listed on
May 29, 2012
Closed on
Nov 16, 2012
Sold by
Burnham Michael B and Burnham Allison R
Bought by
Wong Chi C
Seller's Agent
Angela Accorsi
Coldwell Banker Realty - Western MA
Buyer's Agent
Aldo Giella
Coldwell Banker Realty - Western MA
List Price
$219,900
Sold Price
$195,500
Premium/Discount to List
-$24,400
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$199,703
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2008
Sold by
Garvey Patrick and Garvey Dawn
Bought by
Burnham Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pham Lien K $231,000 --
Wong Chi C $195,500 --
Burnham Michael B $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Lien K $184,800
Previous Owner Wong Chi C $199,703
Previous Owner Burnham Michael B $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2016 10/07/16 Sold $231,000 +71.2% $131 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $134,900 -31.0% $76 / Sq Ft
11/16/2012 11/16/12 Sold $195,500 -2.2% $111 / Sq Ft View Prior Sale
09/25/2012 09/25/12 Pending -- -- --
09/18/2012 09/18/12 Price Changed $199,900 -4.4% $113 / Sq Ft
08/29/2012 08/29/12 Price Changed $209,000 -2.7% $118 / Sq Ft
06/18/2012 06/18/12 Price Changed $214,900 -2.3% $122 / Sq Ft
05/29/2012 05/29/12 For Sale $219,900 -- $124 / 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 $5,436 $346,700 $57,800 $288,900
2024 $5,584 $347,700 $57,800 $289,900
2023 $5,168 $303,100 $55,000 $248,100
2022 $4,936 $262,300 $55,000 $207,300
2021 $4,910 $259,800 $50,000 $209,800
2020 $4,611 $236,100 $50,000 $186,100
2019 $4,485 $227,900 $50,000 $177,900
2018 $4,456 $226,400 $50,000 $176,400
2017 $4,361 $221,800 $50,000 $171,800
2016 $4,156 $211,400 $50,000 $161,400
2015 $3,863 $196,400 $50,000 $146,400
Source: Public Records

Agents Affiliated with this Home

  • Aldo Giella

    Seller's Agent in 2016

    Aldo Giella

    Coldwell Banker Realty - Western MA

    (413) 297-2194

    2 in this area

    31 Total Sales

    Aldo Giella
    Section Image
  • Angela Accorsi

    Seller's Agent in 2012

    Angela Accorsi

    Coldwell Banker Realty - Western MA

    (413) 374-2023

    5 in this area

    193 Total Sales

    Angela Accorsi
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72053275

MLS Property Information Network (MLS PIN)

APN: SPRI-005560-000000-000019

Massachusetts Hampden County Springfield 01118 East Forest Park

56 Gates Ave, Springfield, MA

Not Listed for Sale

Detached

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