NOT LISTED FOR SALE

Estimated Value: $407,000 - $435,000

5 Beds
3.5 Baths
2,124 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $400,000 $188 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,674/month

47 Days on Market

Highlights

  • Medical Services
  • Patio
  • Shops
  • Property is near public transit
  • Laundry Room
  • Outdoor Storage

About This Home

As of July 2023

Here's your chance to own two homes for the price of one. Unique multi-family in Fairview provides a versatile owner opportunity as well as investment opportunity . Front home consists on 8 rooms, 4+ bedrooms, 2 1/2 baths and a sunroom and first floor laundry. Lots of closet space . Replacement windows and granite counters. The cottage features one bedroom , living room and bath . Tenant pays their own utilities . Large lot.

Last Agent to Sell the Property

Marge Thibodeau

Coldwell Banker Realty - Western MA Listed on: 03/29/2023

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Tanya Harvey

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1950

Lot Details

  • 0.31

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,124 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Bowie Elementary School
  • Fairview Mem Middle School
  • Chicopee Comp High School

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • 0.31 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $750
  • Rent includes unit 2(water)
  • Assessor Parcel Number M:0743 P:00005,2513053

Community Details

Amenities

  • Medical Services
  • Shops

Additional Features

  • 2 Units
  • Net Operating Income $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Year Built

Built in 1950

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1950
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Carpet,Laminate, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters,Bathroom with Shower Stall,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Office/Den,Sunroom), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal), Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Partially Finished
  • Living Area: 2124
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN7645

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access
  • Rent Includes: Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0743 P:00005,2513053
  • Zoning: 7
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13604
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4106

Multi Family

  • Net Operating Income: 9000
  • Number Of Units Total: 2
  • Total Actual Rent: 750
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Chicopee Comp
  • Elementary School: Bowie
  • Middle Or Junior School: Fairview Mem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jul 10, 2023
Sold by
Parkinson Ft and Parkinson
Bought by
Smith Clinton E
Seller's Agent
Marge Thibodeau
Coldwell Banker Realty - Western MA
Buyer's Agent
Tanya Harvey
Keller Williams Realty
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Views
616
Current Estimated Value
$427,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,352
Avg. Annual Appreciation
2.54%
Original Mortgage
$392,755
Outstanding Balance
$381,553
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$45,799

Purchase Details

Closed on
Oct 16, 2018
Sold by
Parkinson Stanley I and Parkinson Darlene
Bought by
Parkinson Ft and Parkinson

Purchase Details

Closed on
Sep 28, 1988
Sold by
Cawrse Karen L
Bought by
Parkinson Stanley I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Clinton E $400,000 None Available
Smith Clinton E $400,000 None Available
Parkinson Ft -- --
Parkinson Ft -- --
Parkinson Stanley I $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Clinton E $392,755
Closed Smith Clinton E $392,755
Previous Owner Parkinson Stanley I $99,000
Previous Owner Parkinson Stanley I $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $400,000 +0.3% $188 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $399,000 -5.0% $188 / Sq Ft
03/29/2023 03/29/23 For Sale $420,000 -- $198 / 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 $5,750 $379,300 $111,900 $267,400
2024 $4,359 $295,300 $109,700 $185,600
2023 $4,106 $271,000 $100,500 $170,500
2022 $3,908 $230,000 $87,400 $142,600
2021 $3,693 $209,700 $79,400 $130,300
2020 $3,546 $203,100 $81,600 $121,500
2019 $3,491 $194,400 $81,600 $112,800
2018 $3,360 $183,500 $77,700 $105,800
2017 $2,972 $171,700 $71,300 $100,400
2016 $2,903 $171,700 $71,300 $100,400
2015 $3,012 $171,700 $71,300 $100,400
2014 $2,835 $171,700 $71,300 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73092674

MLS Property Information Network (MLS PIN)

APN: CHIC-000743-000000-000005

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