NOT LISTED FOR SALE

97 Madison St Chicopee, MA 01020

Chicopee Falls Neighborhood

Estimated Value: $410,000 - $424,000

8 Beds
3 Baths
2,548 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2022

Last sale price $330,000 $130 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,562 / mo

37 Days on Market

Highlights

  • Corner Lot
  • Heating Available
  • 5-minute walk to Lincoln Park
  • 1 Car Garage

About This Home

As of December 2022

Investors and owner occupants take notice! Roof is only 3 years old! The 2nd floor unit is VACANT! This property could be a investment opportunity or primary residence with additional income to cover your mortgage. The property features spacious floor plans, hardwood floors, total of 14 rooms with 8 bedrooms and 3 full bathrooms. Both the first and the second units have 3 bedrooms, 1 full bathroom, living room, kitchen, food pantry and porch. The third unit has 2 bedrooms and 1 full bath. This home has been well maintained, just need some minor cosmetics. Location conveniently near shops, restaurants, public transportation, easy access to major highways. Showings begin on Sunday, 10/2 open house at 1-2pm.

Last Agent to Sell the Property

Xiaoming Zhao

Executive Real Estate, Inc. Listed on: 09/29/2022

Executive Real Estate, Inc.

Last Buyer's Agent

New Homes Realty Group

Gallagher Real Estate

Gallagher Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,399

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Triplex
  • Block Foundation

Interior Spaces

  • 2,548 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating Available

Community Details

  • 3 Units
  • Net Operating Income $15,000

Listing and Financial Details

  • Total Actual Rent $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,399

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Parking

1

Listing Details

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

Interior Features

  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator)
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2548
  • Stories Total: 3
  • MAIN LO: AC1693
  • MAIN SO: AN1364

Exterior Features

  • Foundation Details: Block
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Electric), Unit 3(Electric)
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3399

Multi Family

  • Net Operating Income: 15000
  • Number Of Units Total: 3
  • Total Actual Rent: 2300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Dec 8, 2022
Sold by
Bought by
Seller's Agent
Xiaoming Zhao
Executive Real Estate, Inc.
Buyer's Agent
New Homes Realty Group
Gallagher Real Estate
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Views
111
Current Estimated Value
$415,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,333
Avg. Annual Appreciation
6.73%
Original Mortgage
$324,022
Outstanding Balance
$312,267
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$103,067

Purchase Details

Closed on
Feb 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,950
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 None Available
$330,000 None Available
-- --
$192,788 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $324,022
Closed $324,022
Previous Owner $134,950
Previous Owner $38,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/27/2022 12/27/22 Sold $330,000 0.0% $130 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $329,900 -- $129 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,987 $263,000 $69,600 $193,400
2024 $3,705 $251,000 $68,300 $182,700
2023 $3,431 $226,500 $62,100 $164,400
2022 $3,400 $200,100 $54,000 $146,100
2021 $3,173 $180,200 $46,300 $133,900
2020 $2,902 $166,200 $46,300 $119,900
2019 $2,881 $160,400 $46,300 $114,100
2018 $2,816 $153,800 $44,100 $109,700
2017 $2,678 $154,700 $41,200 $113,500
2016 $2,416 $142,900 $41,200 $101,700
2015 $2,308 $131,600 $41,200 $90,400
2014 $2,173 $131,600 $41,200 $90,400
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2022

    Xiaoming Zhao

    Executive Real Estate, Inc.

    (413) 575-3105

    1 in this area

    50 Total Sales

    Xiaoming Zhao
    Section Image

  • N

    Buyer's Agent in 2022

    New Homes Realty Group

    Gallagher Real Estate

    (413) 505-7826

    17 in this area

    533 Total Sales

    New Homes Realty Group
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73042402

MLS Property Information Network (MLS PIN)

APN: CHIC-000085-000000-000061

Massachusetts Hampden County Chicopee 01020 Chicopee Falls

97 Madison St, Chicopee, MA

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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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