NOT LISTED FOR SALE

77 N Prospect St Unit 79 Amherst, MA 01002

Amherst Neighborhood

Estimated Value: $1,070,000 - $1,324,000

8 Beds
5 Baths
4,927 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $996,000 $202 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,715/month

5 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • 2 Fireplaces
  • Amherst Regional Middle School Rated A-
  • Wood Flooring
  • Jogging Path

About This Home

As of December 2022

Rare Amherst center investment property. This town center duplex is walkable to restaurants, movie theater, shopping, UMass and Amherst College. A full width, deep porch across the front greets you as you enter the property. There are fireplaces, one on each side, that are decorative and nonfunctional. One bedroom and full bath on the first floors and 3 bedrooms and full bath on the second floor. Each unit has 2 additional rooms on the 3rd that provide space for storage or home study. There are hardwood floors and some original light fixtures remain. There is a long lasting metal roof. The basements are partially finished. One side has a full bath, is heated and exits onto a small private yard space. The other side has a pellet stove that has not been used. Each unit us separately metered for electricity and separate heat. Can be sold with additional property, MLS # 73036866

Last Agent to Sell the Property

Cheryl Sharpe

William Raveis R.E. & Home Services Listed on: 09/15/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Roy Johnson

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,631

Year Built

  • Built in 1910

Lot Details

  • 7,072 Sq Ft Lot
  • Property fronts an easement
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 4,927 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Screens
  • Washer

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Partially Finished Basement

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

Parking

  • 1 Car Parking Space
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Wildwood Elementary School
  • Amh Reg Middle School
  • Amh Reg High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric water hot water)
  • Assessor Parcel Number 3008587

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,631

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 2
  • 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: 6

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom with Shower Stall,Bathroom With Tub & Shower,Internet Available - Broadband), Unit 2(Bathroom with Shower Stall,Bathroom With Tub & Shower,Internet Available - Broadband), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 4927
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: M80028
  • LIST PRICE PER Sq Ft: 192.82
  • PRICE PER Sq Ft: 202.15
  • MAIN SO: M80028

Exterior Features

  • Exterior Features: Porch,Gutters,Screens
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Central Heat,Steam,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Laundromat, Bike Path, House of Worship, Private School, Public School, University, Sidewalks
  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3008587
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level, Steep Slope
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7072
  • Lot Size Units: Acres
  • PAGE: 104
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17630.7
  • Tax Book Number: 13892

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Amh Reg High
  • Elementary School: Wildwood
  • Middle Or Junior School: Amh Reg Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 8, 2022
Sold by
Joseph S R Volpe Ret
Bought by
North Prospect Llc
Seller's Agent
Cheryl Sharpe
William Raveis R.E. & Home Services
Buyer's Agent
Roy Johnson
William Raveis R.E. & Home Services
List Price
$950,000
Sold Price
$996,000
Premium/Discount to List
$46,000
4.84%
Total Days on Market
5
Views
11
Current Estimated Value
$1,196,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,590
Avg. Annual Appreciation
8.93%
Original Mortgage
$796,800
Outstanding Balance
$779,537
Interest Rate
7.08%
Mortgage Type
Commercial
Estimated Equity
$450,870

Purchase Details

Closed on
Nov 23, 2020
Sold by
Volpe Joseph S and Volpe Zebedee J
Bought by
Joseph S R Volpe Ret
Source: Public Records

Range of Values:

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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
North Prospect Llc $996,000 None Available
Joseph S R Volpe Ret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Prospect Llc $796,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $996,000 +4.8% $202 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $950,000 -- $193 / 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 $205 $1,141,400 $197,400 $944,000
2024 $19,204 $1,037,500 $187,300 $850,200
2023 $18,162 $903,600 $170,200 $733,400
2022 $17,631 $828,900 $161,800 $667,100
2021 $17,825 $816,900 $149,800 $667,100
2020 $17,416 $816,900 $149,800 $667,100
2019 $16,485 $756,200 $149,800 $606,400
2018 $15,986 $756,200 $149,800 $606,400
2017 $15,508 $710,400 $142,700 $567,700
2016 $15,075 $710,400 $142,700 $567,700
2015 $14,592 $710,400 $142,700 $567,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73036867

MLS Property Information Network (MLS PIN)

APN: AMHE-000011C-000000-000220