Last Sold Price
8 beds4,090 sqft$68/sqft
514 Chestnut St, Springfield, MA 01107

Description

BACK ON THE MARKET after some new updates. Perfect opportunity for investors or owner occupied. The first floor is in amazing condition featuring 3 bedrooms and 1 bath. Second floor has the same setup but it includes the finish attic with two extra bedrooms living room and a full bath. The first floor tenant has occupied the first floor for the last 17 years and has kept it in immaculate condition. The home is located near major hospitals, shopping areas, major highways, parks and many more. This...BACK ON THE MARKET after some new updates. Perfect opportunity for investors or owner occupied. The first floor is in amazing condition featuring 3 bedrooms and 1 bath. Second floor has the same setup but it includes the finish attic with two extra bedrooms living room and a full bath. The first floor tenant has occupied the first floor for the last 17 years and has kept it in immaculate condition. The home is located near major hospitals, shopping areas, major highways, parks and many more. This home will generate a lot of income so do not miss the opportunity to make this your home or the opportunity to add this beautiful home to your investment portfolio. This home now has a month old roof and a brand new driveway.
LISTING CLOSED: 12/09/2022 12:00 AM

  1. Listed by New Homes Realty Group • Gallagher Real Estate
  2. Listed by Hairol Tejada • Gallagher Real Estate

Property Details for 514 Chestnut Street

Status
MLS #
72987114
Days on Market
116
Taxes
$3,220 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family
Year Built
1901
Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Gallagher Real Estate, New Homes Realty Group; Gallagher Real Estate, Hairol Tejada

Sold By Gallagher Real Estate, Armando Roman

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Building Information for 514 Chestnut Street

Stories3Residences2Year Built1901Building Size-Lot Size0.11 AC / 4,879 SF

Payment Calculator

$1,692 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,423

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 514 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: FHA
  • Living Area: 4090.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Other (See Remarks)
  • Interior Features: Other (See Remarks)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Buyer lost financing. Attic finished for extra living space connected to the second floor. 2 additional bedrooms,a kitchen,living room and full bath.
Tax Information
  • Tax ID: S:02750 P:0159,2578107
  • Assessments: $171,100
  • Book: 6269
  • Tax Year: 2022
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • GOI: $12,000.00
  • NOI: $12,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $1,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 514 Chestnut Street

DateEvent & SourcePriceAppreciation
Dec 9, 2022

Sold (Public Record)

Public Record #1502683248

$280,000
Dec 9, 2022

Sold

MLS PIN #72987114

$280,000
Nov 24, 2022

Expired

MLS PIN #72987114

$279,000
DateEvent & SourcePrice
12/09/2022

Sold (Public Record)

Public Record #1502683248

$280,000
12/09/2022

Sold

MLS PIN #72987114

$280,000
11/24/2022

Expired

MLS PIN #72987114

$279,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 514 Chestnut Street

Taxable ValueLand$29,900Additions$234,200Total$264,100
Tax Record2025$4,141 ($345 / month)
Home Facts
Baths3Total Finished SqFt3,515 SqFtAbove Grade Finished SqFt3,515 SqFtStories2Lot Size4,879 SqFtStyleDuplexYear Built1901ZoningR2CountyHAMPDENAPNSPRI S:02750 P:0159

Schools near 514 Chestnut Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gallagher Real Estate, New Homes Realty Group; Gallagher Real Estate, Hairol Tejada

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.