NOT LISTED FOR SALE

75 Merrick St West Springfield, MA 01089

Estimated Value: $308,517 - $382,000

6 Beds
2 Baths
2,070 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $285,000 $138 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,171/month

4 Days on Market

Highlights

  • Deck
  • Cooling Available
  • 2 Car Garage
  • Wood Flooring
  • Laundry Room
  • Level Lot

About This Home

As of January 2023

Looking for a great income producing multi-family home in a convenient location? Look no further! The upstairs unit has been renovated throughout, with gleaming hardwood floors, updated kitchen, and updated full bathroom. Complete with charming 3 bedrooms with coffered ceiling details, this spacious unit would be a great owner-occupied space. The downstairs unit also has 3 bedrooms and 1 bathroom. Both units have separate electricity and heat, as well as central air – great for those warmer months! Other great features include separate laundry hook-ups in the basement, separated heat and electricity, 1 garage space per unit, newly paved driveway and maintenance free vinyl siding. Don’t miss out on this property’s strong rental history and great investment opportunity! Schedule a showing today!

Last Agent to Sell the Property

Stephanie Salerno

Coldwell Banker Realty Listed on: 11/18/2022

Coldwell Banker Realty

Last Buyer's Agent

New Homes Realty Group

Gallagher Real Estate

Gallagher Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,070 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $11,700

Listing and Financial Details

  • Total Actual Rent $975
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:00373 B:18900 L:00019,2660635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,503

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 2 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl, Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 2(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room
  • Basement: Full, Unfinished
  • Living Area: 2070
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 127.97
  • PRICE PER Sq Ft: 137.68
  • MAIN SO: AN1364

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water)

Lot Info

  • Parcel Number: M:00373 B:18900 L:00019,2660635
  • Zoning: BB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • PAGE: 211
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3503
  • Tax Book Number: 17476

Multi Family

  • Gross Income: 11700
  • Net Operating Income: 11700
  • Number Of Units Total: 2
  • Total Actual Rent: 975
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2010
Sold by
Werman Michael and Reynolds Timothy
Bought by
Tm Prop Inc
Current Estimated Value
$343,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,007
Interest Rate
4.99%

Purchase Details

Closed on
Mar 4, 2010
Sold by
Tm Properties Inc
Bought by
Werman Michael and Reynolds Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,007
Interest Rate
4.99%

Purchase Details

Closed on
Apr 1, 2009
Sold by
Reynolds Timothy and Werman Michael
Bought by
T M Properties Inc

Purchase Details

Closed on
Nov 10, 2008
Sold by
Tm Properties Inc
Bought by
Reynolds Timothy and Werman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,750
Interest Rate
6.13%

Purchase Details

Closed on
Sep 19, 2008
Sold by
Emc Mortgage Corp
Bought by
Tm Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,750
Interest Rate
6.13%

Purchase Details

Closed on
Aug 17, 2005
Sold by
Barnes John C and Barnes Kathryn M
Bought by
Rowbotham Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Tm Prop Inc -- --
Werman Michael -- --
T M Properties Inc -- --
Reynolds Timothy -- --
Reynolds Timothy -- --
Tm Properties Inc $61,000 --
Emc Mortgage Corp -- --
Wachovia Bk $104,000 --
Rowbotham Deborah $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huntoon Anthony $279,837
Previous Owner Barnes John C $130,007
Previous Owner Reynolds Timothy E $127,750
Previous Owner Rowbotham Deborah $106,400
Previous Owner Rowbotham Deborah $26,600
Previous Owner Barnes John C $48,750
Previous Owner Barnes John C $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $285,000 +7.6% $138 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $264,900 -- $128 / 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 $4,171 $280,500 $93,600 $186,900
2024 $4,154 $280,500 $93,600 $186,900
2023 $3,789 $243,800 $84,200 $159,600
2022 $3,503 $222,300 $76,400 $145,900
2021 $2,991 $177,000 $69,400 $107,600
2020 $3,007 $177,000 $69,400 $107,600
2019 $3,002 $177,000 $69,400 $107,600
2018 $3,018 $177,000 $69,400 $107,600
2017 $3,018 $177,000 $69,400 $107,600
2016 $2,963 $174,400 $66,800 $107,600
2015 $2,679 $157,700 $65,500 $92,200
2014 $649 $157,700 $65,500 $92,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73059655

MLS Property Information Network (MLS PIN)

APN: WSPR-000373-018900-000019