NOT LISTED FOR SALE

71 Spring St Unit 75 West Springfield, MA 01089

Estimated Value: $362,000 - $473,000

6 Beds
6 Baths
2,754 Sq Ft
$150/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $350,000 $127 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,729/month

9 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Heating Available

About This Home

As of November 2022

Rare to find, triplex in West Springfield built in 1986. All 3 units are townhouse style apartments with 2 bedrooms, 1.5 baths, individual basement, backyard deck, gas heat and a central AC. Off street parking. Long term tenants. Property is being sold fully occupied.

Last Agent to Sell the Property

Ivan Karamian

Berkshire Hathaway HomeServices Realty Professionals Listed on: 10/09/2022

Berkshire Hathaway HomeServices Realty Professionals

Last Buyer's Agent

Ivan Karamian

Berkshire Hathaway HomeServices Realty Professionals Listed on: 10/09/2022

Berkshire Hathaway HomeServices Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1986

Lot Details

  • 0.25

Home Design

  • 2,754 Sq Ft Home
  • Triplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

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

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Additional Features

  • Dishwasher
  • Deck
  • 0.25 Acre Lot

Listing and Financial Details

  • Total Actual Rent $2,275
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 2662849

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Building Details

  • Net Operating Income $27,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,028

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Side by Side
  • Year Built: 1986
  • Buyer Agency: 2
  • Transaction Broker: 2
  • 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

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Total Bathrooms: 4.5
  • Living Area: 2754
  • Stories Total: 6
  • MAIN LO: AN7274
  • LIST PRICE PER Sq Ft: 143.43
  • PRICE PER Sq Ft: 127.09
  • MAIN SO: AN7274

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: 2662849
  • Zoning: :
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10740
  • Lot Size Units: Acres
  • PAGE: :
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4028.26
  • Tax Book Number: :

Multi Family

  • Gross Income: 27300
  • Net Operating Income: 27300
  • Number Of Units Total: 3
  • Total Actual Rent: 2275
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2014
Sold by
Valley Holdings Llc
Bought by
71-75 Spring Street Rt and Maiolo Lawrence A
Current Estimated Value
$412,631

Purchase Details

Closed on
Jul 6, 2012
Sold by
Maiolo Lawrence A and Maiolo Debra A
Bought by
Valley Holdings Llp

Purchase Details

Closed on
Mar 31, 2010
Sold by
Valley Holdings Llp and Maiolo Lawrence A
Bought by
Maiolo Lawrence A and Maiolo Debra A

Purchase Details

Closed on
Aug 22, 2003
Sold by
Maiolo Debra A and Maiolo Lawrence A
Bought by
Valley Holdings Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,225
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Valley Holdings Llp and Maiolo Lawrence A
Bought by
Maiolo Debra A and Maiolo Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,225
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1999
Sold by
Granger Jerrold A and Granger Joan M
Bought by
Maiolo Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
71-75 Spring Street Rt -- --
Valley Holdings Llp -- --
Maiolo Lawrence A -- --
Valley Holdings Llp -- --
Maiolo Debra A -- --
Maiolo Lawrence A $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yanyuk Eduard $262,500
Closed 71 & 75 Spring Street Rt $210,000
Previous Owner Granger Jerrold A $163,200
Previous Owner Maiolo Debra A $126,225
Previous Owner Granger Jerrold A $122,000
Previous Owner Granger Jerrold A $116,850
Previous Owner Granger Jerrold A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $350,000 -11.4% $127 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/09/2022 10/09/22 For Sale $395,000 -- $143 / 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 $5,173 $347,900 $96,800 $251,100
2024 $5,152 $347,900 $96,800 $251,100
2023 $4,718 $303,600 $87,000 $216,600
2022 $4,028 $255,600 $78,800 $176,800
2021 $3,696 $218,700 $73,200 $145,500
2020 $3,716 $218,700 $73,200 $145,500
2019 $3,709 $218,700 $73,200 $145,500
2018 $3,729 $218,700 $73,200 $145,500
2017 $3,729 $218,700 $73,200 $145,500
2016 $3,739 $220,100 $70,500 $149,600
2015 $3,519 $207,100 $69,100 $138,000
2014 $3,399 $207,100 $69,100 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73046150

MLS Property Information Network (MLS PIN)

APN: WSPR-000483-016450-000023