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Seller's Agent in 2014
Chris Buendo
Berkshire Hathaway HomeServices Realty Professionals
582 Chicopee St Chicopee, MA 01013
Willimansett NeighborhoodEstimated Value: $517,951
12
Beds
7
Baths
5,740
Sq Ft
$90/Sq Ft
Est. Value
About This Home
As of July 2014The math works!! Great investment based on rental income from 6 - 2BR apartments + 2500sf Retail/Commercial Tenant on 1st floor leasing @ $1300/month. This property is just off Rt 391 with easy access to Chicopee, Holyoke, Springfield, and Pioneer Valley. Store/Restaurant and all apartments have separate utilities. Additional income from billboard on side of building. This property will move fast so act now if you wish to add this one to your investment portfolio.
Last Agent to Sell the Property
Chris Buendo
Berkshire Hathaway HomeServices Realty Professionals Listed on: 04/02/2014
Property Details
Home Type
Multi-Family
Year Built
1915
Lot Details
0
Listing Details
- Lot Description: Corner, Shared Drive, City View(s), Level
- Other Agent: 1.50
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 5
- Year Built: 1915
Interior Features
- Has Basement: Yes
- Number of Rooms: 20
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Electric: 220 Volts, Circuit Breakers, 200 Amps, Individually Metered
- Energy: Insulated Windows, Insulated Doors
- Flooring: Wood, Tile, Vinyl
- Basement: Full, Partially Finished, Interior Access, Concrete Floor
Exterior Features
- Roof: Asphalt/Fiberglass Shingles, Rubber
- Frontage: 100.00
- Construction: Frame, Brick
- Exterior: Vinyl, Brick
- Exterior Features: Porch, Deck, Deck - Wood, Covered Patio/Deck, Balcony, Gutters, City View(s), Garden Area
- Foundation: Poured Concrete, Brick
Garage/Parking
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 11
Utilities
- Cooling Zones: 1
- Heat Zones: 7
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Oven, for Electric Dryer, Washer Hookup
Lot Info
- Assessor Parcel Number: M:0527 P:00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 28, 2024
Sold by
Springfield Gardens Lp
Bought by
Papyrus Equities Llc
Current Estimated Value
Purchase Details
Closed on
Nov 17, 2020
Sold by
Springfield Portfolio Llc
Bought by
Springfield Gardens Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2018
Sold by
Orange Park Management
Bought by
Springfield Portfolio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,877,250
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 25, 2015
Sold by
Orange Park Management
Bought by
582-586 Chicopee St Rt and Cusano
Purchase Details
Listed on
Apr 2, 2014
Closed on
Jul 25, 2014
Sold by
Derrymore West Realty
Bought by
Orange Park Mgmt Llc
Seller's Agent
Chris Buendo
Berkshire Hathaway HomeServices Realty Professionals
Buyer's Agent
Mark DiFranco
DiFranco Realty
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$475,000
Interest Rate
4.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 6, 2012
Sold by
Murphy Shaun P and Bortolussi Mary F
Bought by
Deerymore West Realty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 26, 1996
Sold by
Lacroix William E and Lacroix Clarie M
Bought by
Robert Donald J and Robert Jeanne M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Papyrus Equities Llc | $494,971 | None Available | |
| Papyrus Equities Llc | $494,971 | None Available | |
| Springfield Gardens Lp | -- | None Available | |
| Springfield Gardens Lp | -- | None Available | |
| Springfield Gardens Lp | -- | None Available | |
| Springfield Portfolio | $223,000 | -- | |
| Springfield Portfolio | $223,000 | -- | |
| Springfield Portfolio | $223,000 | -- | |
| 582-586 Chicopee St Rt | -- | -- | |
| 582-586 Chicopee St Rt | -- | -- | |
| 582-586 Chicopee St Rt | -- | -- | |
| Orange Park Mgmt Llc | $350,000 | -- | |
| Orange Park Mgmt Llc | $350,000 | -- | |
| Deerymore West Realty | -- | -- | |
| Deerymore West Realty | -- | -- | |
| Robert Donald J | $175,000 | -- | |
| Robert Donald J | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Springfield Gardens Lp | $52,500,000 | |
| Previous Owner | Springfield Portfolio | $1,877,250 | |
| Previous Owner | Orange Park Mgmt Llc | $475,000 | |
| Previous Owner | Robert Donald J | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2014 07/29/14 | Sold | $350,000 | -12.3% | $61 / Sq Ft |
| 06/29/2014 06/29/14 | Pending | -- | -- | -- |
| 04/02/2014 04/02/14 | For Sale | $399,000 | -- | $70 / 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 | -- | $527,500 | $94,500 | $433,000 |
| 2024 | -- | $512,000 | $92,700 | $419,300 |
| 2023 | $0 | $465,900 | $84,300 | $381,600 |
| 2022 | $9,446 | $400,000 | $73,300 | $326,700 |
| 2021 | $0 | $426,900 | $81,400 | $345,500 |
| 2020 | $9,446 | $426,900 | $81,400 | $345,500 |
| 2019 | $0 | $406,700 | $77,500 | $329,200 |
| 2018 | $7,910 | $386,800 | $73,800 | $313,000 |
| 2017 | $3,521 | $374,800 | $72,200 | $302,600 |
| 2016 | $3,521 | $330,800 | $57,200 | $273,600 |
| 2015 | $3,521 | $325,900 | $57,200 | $268,700 |
| 2014 | $3,521 | $355,800 | $82,200 | $273,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Mark DiFranco
Buyer's Agent in 2014
Mark DiFranco
DiFranco Realty
(413) 531-5956
1 in this area
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71654056
APN: CHIC-000527-000000-000007
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