NOT LISTED FOR SALE

614 Worthington St Unit 616 Springfield, MA 01105

Metro Center Neighborhood

Estimated Value: $291,494 - $402,000

9 Beds
3 Baths
3,492 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $168,000 $48 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,323/month

3 Days on Market

Highlights

  • Balcony
  • Fenced
  • Carpet
  • Porch

About This Home

As of December 2017

This 3-family money maker is beautiful inside. Five Room/ Three Bedroom units all with Separate Utilities! Couldn't ask for a Better Location- Close to downtown and it's right across the street from the Police Station! This is a Perfect Investment property with very low maintenance. Property has updated electrical, plumbing, heating within last 10 years!

Last Agent to Sell the Property

Geofferey Bradshaw

Lock and Key Realty Inc. Listed on: 10/06/2017

Lock and Key Realty Inc.

Last Buyer's Agent

Anthony Khattar

Khattar Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,971

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced

Home Design

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

Interior Spaces

  • 3,492 Sq Ft Home
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

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

Outdoor Features

  • Balcony
  • Porch

Utilities

  • 3 Heating Zones
  • 110 Volts
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $2,850
  • Assessor Parcel Number S:12535 P:0059,2613907

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,971

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1928
  • Buyer Agency Type: %
  • Sub Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Carpet
  • Fireplace YN: No
  • Appliances: Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3492
  • Stories Total: 6
  • MAIN LO: AC1163
  • MAIN SO: AN0243

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Electric: 110 Volts
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:12535 P:0059,2613907
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4565

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2971

Multi Family

  • Net Operating Income: 34200
  • Number Of Units Total: 3
  • Total Actual Rent: 2850
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 29, 2017
Sold by
Maynard Sylvia M
Bought by
Field Group Holdings L
Seller's Agent
Geofferey Bradshaw
Lock and Key Realty Inc.
Buyer's Agent
Anthony Khattar
Khattar Realty, Inc.
List Price
$199,900
Sold Price
$168,000
Premium/Discount to List
-$31,900
-15.96%
Current Estimated Value
$362,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,874
Avg. Annual Appreciation
10.20%
Original Mortgage
$126,000
Outstanding Balance
$106,356
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$256,518

Purchase Details

Closed on
Jun 3, 2008
Sold by
Brookview Rehab Fund L
Bought by
Maynard Sylvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2008
Sold by
Clv Properties Llc
Bought by
Brookview Rehab Fund L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2006
Sold by
Vazquez Christopher
Bought by
Clv Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,010
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2004
Sold by
Danalis Stephen
Bought by
Castillo Gloria J

Purchase Details

Closed on
Oct 25, 2004
Sold by
Prestera Grace and Riggio Vincent
Bought by
Danalis Stephen
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
Field Group Holdings L $168,000 --
Maynard Sylvia M $145,000 --
Brookview Rehab Fund L $159,000 --
Clv Properties Llc -- --
Castillo Gloria J $50,000 --
Danalis Stephen $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Field Group Holdings L $126,000
Previous Owner Maynard Sylvia M $108,750
Previous Owner Brookview Rehab Fund L $30,000
Previous Owner Clv Properties Llc $156,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $168,000 -16.0% $48 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $199,900 -- $57 / 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 $4,945 $315,400 $24,200 $291,200
2024 $4,545 $283,000 $22,600 $260,400
2023 $4,472 $230,400 $21,600 $208,800
2022 $4,203 $223,300 $19,600 $203,700
2021 $4,103 $217,100 $17,800 $199,300
2020 $3,699 $189,400 $17,800 $171,600
2019 $3,161 $160,600 $17,800 $142,800
2018 $2,818 $143,200 $17,800 $125,400
2017 $2,971 $151,100 $17,100 $134,000
2016 $2,800 $142,400 $17,100 $125,300
2015 $2,707 $137,600 $17,100 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72239346

MLS Property Information Network (MLS PIN)

APN: SPRI-012535-000000-000059