NOT LISTED FOR SALE

614 S Summer St Holyoke, MA 01040

Estimated Value: $313,000 - $424,000

6 Beds
3 Baths
3,456 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $271,000 $78 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,286/month

24 Days on Market

About This Home

As of May 2023

Welcome to this legal three family building located on a one way street, with two vacant units at closing. All units have separate and different heating systems, as well as their own electrical panels, an approximately one year old oil tank for the first floor unit, 5 Year old roof, and been well cared for by the current owner. Book your showings today, showing the common areas and first floor unit, until accepted offer. All units are the exact layout. To be sold As Is.

Last Agent to Sell the Property

Raquel Medina

Lock and Key Realty Inc. Listed on: 12/28/2022

Lock and Key Realty Inc.

Last Buyer's Agent

Neilsen Team - Livian

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1900

Lot Details

  • 7,080 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • 3,456 Sq Ft Home
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,575
  • Rent includes unit 1(none)
  • Assessor Parcel Number M:0027 B:0001 L:8,2530254

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Insurance Expense $3,800
  • Water Sewer Expense $850
  • Operating Expense $5,450
  • Net Operating Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,264

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Concrete
  • Living Area: 3456
  • Stories Total: 6
  • MAIN LO: AN1364
  • LIST PRICE PER Sq Ft: 80.99
  • PRICE PER Sq Ft: 78.41
  • MAIN SO: AN7645

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Oil), Unit 2(Electric), Unit 3(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(None)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 850

Lot Info

  • Parcel Number: M:0027 B:0001 L:8,2530254
  • Zoning: DR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7080
  • Lot Size Units: Acres
  • PAGE: 323
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4264
  • Tax Book Number: 22494

Multi Family

  • Gross Income: 18900
  • Insurance Expense: 3800
  • Net Operating Income: 18900
  • Number Of Units Total: 3
  • Operating Expense: 5450
  • Total Actual Rent: 1575
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
May 9, 2023
Sold by
Spring Thomas A
Bought by
Rivera Miguel A
Seller's Agent
Raquel Medina
Lock and Key Realty Inc.
Buyer's Agent
Neilsen Team - Livian
List Price
$279,900
Sold Price
$271,000
Premium/Discount to List
-$8,900
-3.18%
Views
245
Current Estimated Value
$358,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,900
Avg. Annual Appreciation
12.36%
Original Mortgage
$203,250
Outstanding Balance
$197,629
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,271

Purchase Details

Closed on
Feb 6, 2020
Sold by
Thomas Spring Builder Llc
Bought by
Spring Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 24, 1997
Sold by
Morrissette Diane
Bought by
Morrissette Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,600
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1989
Sold by
Harrell Louis B
Bought by
Morrissette Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

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
Rivera Miguel A $271,000 None Available
Spring Thomas A -- None Available
Morrissette Rene $5,800 --
Morrissette Rene $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Miguel A $203,250
Previous Owner Spring Thomas A $160,800
Previous Owner Morrissette Rene $52,600
Previous Owner Morrissette Rene $57,100
Previous Owner Morrissette Rene $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold $271,000 -3.2% $78 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $279,900 -- $81 / 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 $4,569 $261,700 $36,600 $225,100
2024 $4,290 $226,400 $34,800 $191,600
2023 $4,247 $226,400 $34,800 $191,600
2022 $4,264 $221,400 $34,800 $186,600
2021 $3,748 $194,500 $32,600 $161,900
2020 $3,536 $185,300 $32,600 $152,700
2019 $3,283 $170,200 $29,300 $140,900
2018 $3,164 $165,400 $29,300 $136,100
2017 $3,171 $165,400 $29,300 $136,100
2016 $3,023 $158,100 $27,700 $130,400
2015 $3,010 $158,100 $27,700 $130,400
Source: Public Records

Agents Affiliated with this Home

  • Raquel Medina

    Seller's Agent in 2023

    Raquel Medina

    Lock and Key Realty Inc.

    (413) 218-3272

    5 in this area

    68 Total Sales

    Raquel Medina
    Section Image

  • N

    Buyer's Agent in 2023

    Neilsen Team - Livian

    (413) 342-4156

    12 in this area

    466 Total Sales

    Neilsen Team - Livian
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73066667

MLS Property Information Network (MLS PIN)

APN: HOLY-000027-000001-000008

Massachusetts Hampden County Holyoke 01040

614 S Summer St, Holyoke, MA

This home is located at 614 S Summer St, Holyoke, MA 01040 since 28 December 2022 and is currently estimated at $358,900, approximately $103 per square foot. This property was built in 1900. 614 S Summer St is a home located in Hampden County with nearby schools including Holyoke High School, Blessed Sacrament School, and Mater Dolorosa Elementary School.

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.

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.

Nearby Homes