NOT LISTED FOR SALE

81 Valley View Ave Russell, MA 01071

Estimated Value: $304,000 - $351,000

6 Beds
3 Baths
2,410 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $260,000 $108 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,047/month

89 Days on Market

Highlights

  • Wooded Lot
  • Porch
  • Property is near schools
  • Wood Flooring
  • Tankless Water Heater
  • Heating Available

About This Home

As of December 2022

Located about 3 minutes from the Westfield line, this two-family is a diamond in the rough.....and a cash cow! Natural woodwork and hardwood floors abound. Updated kitchens with pantries, large rooms, french doors, built-in hutches, open front porches and rear sun room are just a few of the amenities. Replacement windows, updated electric, freshly painted exterior and brand new roof are a few more extras! 3 rooms on 3rd floor can be added to 2nd floor apartment making it a 5 BR apartment or can be an additional apartment (with town approval), which it was at one time. The hard work has been done; a little bit of finish work is all that is needed on this gem. Woronoco Road (old Rte #20) is temporary closed on one end; must enter from 2nd entrance due to factory fire (see map attached). Westfield State University is less than 10 minutes away, making this an even more attractive rental property! Could be package deal with abutting 2-family.

Last Agent to Sell the Property

Robin Sheldon

Robin R Sheldon R. E. Listed on: 08/03/2022

Co-Listed By

Henry Dubay

Robin R Sheldon R. E. License #452509670

Last Buyer's Agent

Carolyn A. Smith

Delap Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1917

Lot Details

  • 10,188 Sq Ft Lot
  • Wooded Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,410 Sq Ft Home
  • Insulated Windows
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Separate Meters
  • 220 Volts
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • Porch
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $3,150
  • Assessor Parcel Number M:0032 B:0003 L:0002,2569215

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,484

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1917
  • 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: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub), Unit 2(Ceiling Fans,Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Oil Water Heater,Electric Water Heater,Tankless Water Heater,Tankless, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 2410
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: M61300
  • MAIN SO: M95332

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Central Heat,Steam,Oil), Unit 2(Central Heat,Oil), Unit 3(Electric Baseboard)
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0032 B:0003 L:0002,2569215
  • Zoning: I
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10188
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3484

Multi Family

  • Net Operating Income: 37800
  • Number Of Units Total: 3
  • Total Actual Rent: 3150
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Dec 27, 2022
Sold by
Denardo Cheryl A
Bought by
Puthycheat-Ros Jennifer
Seller's Agent
Robin Sheldon
Robin R Sheldon R. E.
Buyer's Agent
Carolyn A. Smith
Delap Real Estate LLC
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Views
235
Current Estimated Value
$317,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,854
Avg. Annual Appreciation
6.76%
Original Mortgage
$208,000
Outstanding Balance
$201,702
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$116,152

Purchase Details

Closed on
Jun 7, 2007
Sold by
Denardo Gaetano A and Denardo Cheryl A
Bought by
Denardo Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 1995
Sold by
Fox Timothy L and Miller Joanne K
Bought by
Denardo Gaetano A and Denardo Cheryl A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Puthycheat-Ros Jennifer $260,000 None Available
Puthycheat-Ros Jennifer $260,000 None Available
Denardo Cheryl A -- --
Denardo Cheryl A -- --
Denardo Cheryl A -- --
Denardo Gaetano A $55,000 --
Denardo Gaetano A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puthycheat-Ros Jennifer $208,000
Closed Puthycheat-Ros Jennifer $208,000
Previous Owner Denardo Cheryl A $87,000
Previous Owner Denardo Gaetano A $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2022 12/28/22 Sold $260,000 0.0% $108 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $259,900 0.0% $108 / Sq Ft
10/31/2022 10/31/22 Off Market $260,000 -- --
10/21/2022 10/21/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $259,900 0.0% $108 / Sq Ft
10/03/2022 10/03/22 For Sale $259,900 0.0% $108 / Sq Ft
09/30/2022 09/30/22 Off Market $260,000 -- --
08/03/2022 08/03/22 For Sale $269,900 -- $112 / 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 $4,828 $263,800 $62,100 $201,700
2024 $4,314 $251,400 $49,700 $201,700
2023 $3,701 $199,000 $49,700 $149,300
2022 $3,484 $175,100 $43,600 $131,500
2021 $3,450 $158,900 $39,700 $119,200
2020 $2,852 $125,600 $46,800 $78,800
2019 $2,650 $116,800 $46,800 $70,000
2018 $2,513 $111,300 $46,800 $64,500
2017 $2,433 $111,300 $46,800 $64,500
2015 $2,191 $111,200 $46,800 $64,400
2014 $2,188 $111,200 $46,800 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73021153

MLS Property Information Network (MLS PIN)

APN: RUSS-000032-000003-000002