NOT LISTED FOR SALE

68 Cortland St Unit 70 Springfield, MA 01109

Bay Neighborhood

Estimated Value: $288,000 - $418,000

6 Beds
2 Baths
2,188 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $280,000 $128 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,123/month

9 Days on Market

Highlights

  • Deck
  • Tankless Water Heater
  • Heating Available
  • Porch
  • Tile Flooring

About This Home

As of April 2022

Two family tucked away on a side street, offers 6 rooms 3 bedrooms and 1 full bath per unit. Ceramic tiled kitchen and baths, updated kitchen cabinets and counter top. Two newer boilers with automatic water feeders, newer hot water tanks, vinyl windows, updated circuit breaker boxes, newer roof, good size fenced in yard, and wall to wall carpets. Lead Certificates. 1st floor unit is vacant and ready for new occupant.

Last Agent to Sell the Property

Migdalia Buxo

M B C REALTORS® Listed on: 02/15/2022

Co-Listed By

Maher Khatib

M B C REALTORS®

Last Buyer's Agent

Elizabeth Champi

Five Stars Realty LLC

Five Stars Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1919

Lot Details

  • 6,312 Sq Ft Lot
  • Cleared Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,188 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Tankless Water Heater

Community Details

  • 2 Units
  • Net Operating Income $13,500

Listing and Financial Details

  • Total Actual Rent $1,125
  • Assessor Parcel Number S:03300 P:0014,2579882

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,699

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1919
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Pantry,Upgraded Cabinets,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Electric Water Heater,Tankless Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry
  • Living Area: 2188
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: M95216
  • MAIN SO: AN6259

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None)
  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Lot Info

  • Parcel Number: S:03300 P:0014,2579882
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6312
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2699

Multi Family

  • Net Operating Income: 13500
  • Number Of Units Total: 2
  • Total Actual Rent: 1125
  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 6, 2022
Sold by
Pioneer Housing Llc
Bought by
Espinoza John
Seller's Agent
Migdalia Buxo
M B C REALTORS®
Buyer's Agent
Elizabeth Champi
Five Stars Realty LLC
List Price
$260,000
Sold Price
$280,000
Premium/Discount to List
$20,000
7.69%
Current Estimated Value
$343,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,058
Avg. Annual Appreciation
5.51%
Original Mortgage
$270,655
Outstanding Balance
$255,327
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$87,731

Purchase Details

Closed on
Nov 19, 2013
Sold by
Springfield City Of
Bought by
Pioneer Housing Llc

Purchase Details

Closed on
Jun 16, 2011
Sold by
Forrest Glenda and Forrest Glenda R
Bought by
Cameron Moraine
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
Espinoza John $280,000 None Available
Pioneer Housing Llc $28,350 --
Pioneer Housing Llc $28,350 --
Cameron Moraine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza John $270,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $280,000 +7.7% $128 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $260,000 -- $119 / 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 $4,107 $261,900 $31,200 $230,700
2024 $3,729 $232,200 $31,200 $201,000
2023 $3,475 $203,800 $28,300 $175,500
2022 $2,725 $144,800 $26,500 $118,300
2021 $2,699 $142,800 $24,100 $118,700
2020 $2,680 $137,200 $24,100 $113,100
2019 $2,399 $121,900 $24,100 $97,800
2018 $2,734 $138,900 $24,100 $114,800
2017 $2,813 $143,100 $24,100 $119,000
2016 $1,907 $97,000 $24,100 $72,900
2015 $1,880 $95,600 $24,100 $71,500
Source: Public Records

Agents Affiliated with this Home

  • Migdalia Buxo

    Seller's Agent in 2022

    Migdalia Buxo

    M B C REALTORS®

    (413) 262-8335

    1 in this area

    164 Total Sales

    Migdalia Buxo
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Maher Khatib

    M B C REALTORS®

    Section Image
  • Elizabeth Champi

    Buyer's Agent in 2022

    Elizabeth Champi

    Five Stars Realty LLC

    (508) 918-0160

    1 in this area

    120 Total Sales

    Elizabeth Champi
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942961

MLS Property Information Network (MLS PIN)

APN: SPRI-003300-000000-000014

Massachusetts Hampden County Springfield 01109 Bay

68 Cortland St Unit 70, Springfield, MA

Not Listed for Sale

MultiFamily

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