NOT LISTED FOR SALE

74 Forest Park Ave Springfield, MA 01108

Forest Park Neighborhood

Estimated Value: $383,000 - $441,576

8 Beds
3 Baths
4,326 Sq Ft
$94/Sq Ft Est. Value

Last Sold February 06, 2021

Last sale price $228,000 $53 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,527/month

5 Days on Market

About This Home

As of February 2021

Investors take notice!!! Large, fully, rented two family home in Forest Park closed. This home is close to downtown and MGM as well as I91. This house features two units with a completely finished third floor for extra space can be used as a teen suite/ in-laws and a two car garage. First floor and second floor both feature 3 bedrooms and 2 full bathrooms. The third floor features two bedrooms and a full bath. First floor tenants and second floor tenants have lived there 10+ years and currently have month to month leases. Third floor will be vacant before closing. This is an amazing opportunity to invest. DO NOT MISS OUT and schedule your showings!!!

Last Agent to Sell the Property

New Homes Realty Group

Gallagher Real Estate Listed on: 10/30/2020

Gallagher Real Estate

Co-Listed By

Lino Carrasquillo

Naples Realty Group

Last Buyer's Agent

Roger Trombly

Coldwell Banker Realty - Western MA

Coldwell Banker Realty - Western MA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 10,019

Parking

  • 2 Car Garage

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:05280 P:0019

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 53.14
  • Comp Based On: Net Sale Price
  • Year Built: 1912
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1912

Interior Features

  • Fireplaces: 2
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 19
  • Basement: Y
  • Main Lo: AN1364
  • Main So: AN6181
  • Estimated Sq Ft: 4326.00

Exterior Features

  • Foundation: Concrete Block

Garage/Parking

  • Parking Spaces: 3
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Hea Common: Hot Water Radiators, Gas

Lot Info

  • Assessments: 197500.00
  • Acre: 0.23
  • Lot Size: 10163.00
  • Page: 473
  • Parcel Number: S:05280 P:0019
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 1850
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3857.00
  • Assessor Parcel Number: 2584923
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jan 8, 2021
Sold by
Reyes Carmen
Bought by
Patterson Reginald V
Seller's Agent
New Homes Realty Group
Gallagher Real Estate
Buyer's Agent
Roger Trombly
Coldwell Banker Realty - Western MA
List Price
$299,900
Sold Price
$228,000
Premium/Discount to List
-$71,900
-23.97%
Current Estimated Value
$407,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,644
Avg. Annual Appreciation
12.17%
Original Mortgage
$216,600
Outstanding Balance
$192,940
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,704

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 17, 2016
Sold by
Longo Richard T
Bought by
Reyes Carmen
Seller's Agent
Tanya Vital-Basile
Executive Real Estate, Inc.
Buyer's Agent
Carlos Aguasvivas
Gallagher Real Estate
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$166,920
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Patterson Reginald V $228,000 None Available
Reyes Carmen $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Reginald V $216,600
Previous Owner Reyes Carmen $166,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2021 02/06/21 Sold $228,000 -24.0% $53 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $299,900 +76.4% $69 / Sq Ft
06/17/2016 06/17/16 Sold $170,000 +0.1% $39 / Sq Ft View Prior Sale
04/22/2016 04/22/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $169,900 -- $39 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,198 $331,500 $39,400 $292,100
2024 $4,364 $271,700 $39,400 $232,300
2023 $4,066 $238,500 $37,100 $201,400
2022 $4,381 $232,800 $34,800 $198,000
2021 $3,712 $196,400 $31,600 $164,800
2020 $3,857 $197,500 $31,600 $165,900
2019 $3,336 $169,500 $32,600 $136,900
2018 $3,231 $164,200 $32,600 $131,600
2017 $3,275 $166,600 $32,600 $134,000
2016 $3,236 $164,600 $32,600 $132,000
2015 $3,187 $162,000 $32,600 $129,400
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    New Homes Realty Group

    Gallagher Real Estate

    (413) 505-7826

    68 in this area

    568 Total Sales

    New Homes Realty Group
    Section Image
  • Lino Carrasquillo

    Seller Co-Listing Agent in 2021

    Lino Carrasquillo

    Naples Realty Group

    (413) 355-4909

    8 in this area

    39 Total Sales

    Lino Carrasquillo
    Section Image
  • Roger Trombly

    Buyer's Agent in 2021

    Roger Trombly

    Coldwell Banker Realty - Western MA

    (413) 221-4600

    11 in this area

    77 Total Sales

    Roger Trombly
    Section Image

  • T

    Seller's Agent in 2016

    Tanya Vital-Basile

    Executive Real Estate, Inc.

    Section Image

  • C

    Buyer's Agent in 2016

    Carlos Aguasvivas

    Gallagher Real Estate

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72751241

MLS Property Information Network (MLS PIN)

APN: SPRI-005280-000000-000019

Massachusetts Hampden County Springfield 01108 Forest Park

74 Forest Park Ave, Springfield, MA

Not Listed for Sale

MultiFamily

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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.

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