RealtyBid - Details for Property - 118 Wait St, Springfield, MA 01104
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118 Wait St

Hampden County, Springfield, MA 01104
This auction has been postponed until 04/12/2023.
Property ID 740635

Details

  • 3 Bedrooms
  • 2 Full Baths
  • 1 Half Baths
  • 1500 Sq Ft
  • Built in 1910
  • 5000 Sq Ft Lot

Description

118 Wait St is located in Springfield, MA, within Hampden County. Built in 1910, this home features 3 bedrooms, 1 bathroom, and 1,500 Sq Ft of space on 4,792 Sq Ft of land. Nearby schools include Alfred G. Zanetti School and The Springfield Renaissance School. Located just 2 blocks from Van Horn Park, this home is also within easy access of restaurants, shopping, and places of worship. Springfield is situated on the eastern bank of the Connecticut River in southern Massachusetts. With a population of approximately 155,000, it is the third-largest city in the state.

MA auctioneer license AU 2888

Notes and Disclaimers

  • PROPERTY MAY BE OCCUPIED

    Please note that it is unlawful to trespass on this property. Do not disturb tenant.

Contingencies/Terms Offered

RBI is providing this information as a marketing service only and will not be conducting the foreclosure sale.

One-Year Forecast

Property + 3.00%
ZIP + 3.04%
Metro + 2.92%

Property Insights

House Ranking: 2

87% of houses appreciate more than 6.52% in this ZIP Code

87% of houses are forecast to appreciate more than 3.00% in this ZIP Code

Historical Growth

  Last Year 10 Year
Property + 6.52% +111.60%
ZIP + 1.41% +107.93%
Metro + 1.27% +66.65%

Index Tools - Valuation Changes

Below is a line graph of the indexes for this property, its ZIP Code area, and its Metropolitan Statistical Area (MSA). The graph tracks the movement of the property's value, values in the property's ZIP Code area, and values in the property's MSA over time due to market conditions.

Note: The property index does NOT represent the value of the subject home but instead represents the relative value of the home compared to other points in time.

 
Property Changes
 
ZIP Code Changes
 
Metro Changes

View Market Changes By House Using Dynamic Heat Maps

Our heat maps illustrate historic and predicted value trends in the property's ZIP Code area and metro area. Heat maps reveal and forewarn of trends in markets, often showing waves of value changes moving across a geographic area. Each dot represents a home, and its color indicates whether the home is appreciating or depreciating at the time indicated on the map, with green indicating appreciation and red indicating depreciation.

Click the Play button to watch trends unfold over time and into the future.

ZIP Code Area

Metro Area

ValPro - Property Value and Comps

Use interactive ValPro to create your own comps to:
  • understand value of your property and comp properties
  • select and save multiple comps
  • see features that improve or lower value
  • map distance to your property
  • pull maps at street, neighborhood and satellite levels
  • compare Similarity Scores

Properties in color below indicate comps selected.
- Click on a black circle below to add it as a selected comp.
- Click on a colored circle below to remove it as a selected comp.

The confidence score listed below will range between 50 and 100. This calculation is based on how similar the selected comps are to the subject property. The higher the score, the higher the confidence in the estimated valuation.

ZIP Market Segments Analysis

The homes within this ZIP Code have been sorted into four tiers based on the attribute displayed on the selected tab. For example, if the Value tab is selected, the homes are sorted into a low-end tier, a mid-low-end tier, a mid-high-end tier, and a high-end tier. Each tier features a quarter of the homes located within the ZIP Code.



Tier 1
1,008 Sq Ft and less
Tier 2
1,008 - 1,246 Sq Ft
Tier 3
1,246 - 1,472 Sq Ft
Tier 4
1,472 Sq Ft and greater


Tier Comparison By Value Tier

The bar chart below compares the average percentage change in value over the last year and the average forecast percentage change in value for the coming year for the four different comparison tiers.

 
 
Last Year Change
 
Forecast
 

Last Year 1-Year Forecast % Rising
Tier 1 + 9.88% + 3.08% +100.00%
Tier 2 + 9.90% + 3.09% +100.00%
Tier 3 + 9.89% + 3.08% +100.00%
Tier 4 + 9.88% + 3.07% +100.00%

Percentage Of Homes Rising By Value Tier

The below pie charts compare the percentage of Homes Rising (defined as the percent of homes with value appreciating at a rate faster than 1.5% per year during the most recent month) within the four different tiers of homes.

Fix and Flip

Estimated Value Analysis Using Comparable Flipped Properties

This tool estimates the post-repair value for the subject property based on an analysis of properties with similar characteristics that have been recently been bought, repaired and re-sold.

Square Footage Bedrooms Bathrooms Lot Size Year Built After Repair Value
Median of Fixed & Sold Comps 1,360 3 1.5 5,789 Sq Ft 1927 $265,000
118 WAIT ST SPRINGFIELD MA 1104 1,500 3 1 5,001 Sq Ft 1910
Difference Bigger Same amount of Bedrooms Less Bathrooms Smaller Lot Older
Estimated Value using Flips $241,000


Comparables

Comps Used Distance Bedrooms Baths Square Footage Lot Size Year Built First Sale Date First Sale Value Second Sale Date Second Sale Value Valuation
103 BIRCHWOOD AVE LONGMEADOW MA 1106 2.4 miles 4 3 2,114 Sq Ft 6,752 Sq Ft 1919 10/9/2020 $295,000 9/17/2021 $324,900 $392,000
27 WORTHINGTON ST CHICOPEE MA 1020 2.3 miles 4 1 1,050 Sq Ft 10,000 Sq Ft 1945 9/23/2020 $105,000 3/12/2021 $300,000 $316,000
5 HARVEY ST CHICOPEE MA 1020 2.3 miles 4 3 1,128 Sq Ft 11,760 Sq Ft 1955 10/29/2020 $190,000 6/25/2021 $350,000 $339,000
53 CYRAN ST CHICOPEE MA 1020 2.3 miles 3 1 1,062 Sq Ft 13,716 Sq Ft 1958 12/22/2020 $177,335 5/7/2021 $220,000 $256,000
39 BELLEVUE AVE SPRINGFIELD MA 1108 2.3 miles 4 2 3,200 Sq Ft 12,998 Sq Ft 1921 9/30/2021 $180,000 2/16/2022 $329,000 $366,000
186 DAVIS ST SPRINGFIELD MA 1104 2.3 miles 4 2 1,652 Sq Ft 9,500 Sq Ft 1950 1/22/2021 $122,250 5/21/2021 $290,000 $289,000
246 WALNUT ST SPRINGFIELD MA 1105 2.2 miles 7 2 2,281 Sq Ft 5,724 Sq Ft 1894 6/25/2020 $ 60,000 3/19/2021 $220,000 $207,000
123 EDGEWOOD AVE LONGMEADOW MA 1106 2.2 miles 3 2 1,480 Sq Ft 6,600 Sq Ft 1926 8/9/2021 $181,500 7/27/2022 $355,000 $320,000
202 DAVIS ST SPRINGFIELD MA 1104 2.2 miles 3 1 1,008 Sq Ft 4,748 Sq Ft 1943 5/28/2021 $150,000 10/15/2021 $241,000 $244,000
75 FLORENCE ST SPRINGFIELD MA 1105 2.2 miles 4 2 1,770 Sq Ft 2,675 Sq Ft 1891 5/15/2020 $109,900 3/19/2021 $222,000 $214,000
97 CUFF AVE SPRINGFIELD MA 1104 2.2 miles 3 1 1,152 Sq Ft 8,015 Sq Ft 1950 1/10/2022 $145,000 7/15/2022 $240,000 $223,000
534 PENDLETON AVE CHICOPEE MA 1020 2.2 miles 3 1 1,048 Sq Ft 7,440 Sq Ft 1954 9/29/2020 $157,000 6/24/2021 $285,000 $264,000
394 EAST ST CHICOPEE MA 1020 2.2 miles 4 2 1,596 Sq Ft 5,644 Sq Ft 1930 2/15/2022 $161,255 5/3/2022 $250,000 $247,000
22 ARMANELLA ST CHICOPEE MA 1020 2.1 miles 3 1 1,031 Sq Ft 7,500 Sq Ft 1964 6/18/2021 $150,000 1/6/2022 $255,000 $274,000
39 LAFAYETTE ST SPRINGFIELD MA 1109 2.1 miles 4 2 2,612 Sq Ft 5,001 Sq Ft 1910 2/2/2021 $ 75,000 7/16/2021 $280,000 $332,000
196 NONOTUCK AVE CHICOPEE MA 1013 2 miles 3 2 1,798 Sq Ft 8,122 Sq Ft 1940 12/4/2020 $100,000 8/12/2021 $294,000 $208,000
12 SPRING ST CHICOPEE MA 1013 2 miles 3 2 960 Sq Ft 2,960 Sq Ft 1880 10/1/2021 $112,000 5/3/2022 $220,000 $225,000
27 SHERBROOKE ST SPRINGFIELD MA 1104 2 miles 4 3 1,531 Sq Ft 6,251 Sq Ft 1927 2/8/2021 $133,000 7/23/2021 $284,000 $306,000
78 SHERBROOKE ST SPRINGFIELD MA 1104 2 miles 3 1 1,094 Sq Ft 5,249 Sq Ft 1925 11/30/2020 $135,000 8/2/2021 $245,000 $213,000
28 MERRIMAC AVE SPRINGFIELD MA 1104 2 miles 2 1 1,368 Sq Ft 5,001 Sq Ft 1926 4/13/2021 $180,000 11/16/2021 $196,000 $224,000
87 MELVILLE ST SPRINGFIELD MA 1104 2 miles 3 2 1,190 Sq Ft 3,999 Sq Ft 1927 5/4/2021 $128,000 4/5/2022 $230,000 $231,000
73 CAREW TER SPRINGFIELD MA 1104 2 miles 3 1 1,182 Sq Ft 5,249 Sq Ft 1925 3/22/2021 $110,000 8/25/2021 $265,000 $290,000
51 SCHLEY ST CHICOPEE MA 1020 1.9 miles 4 2 1,082 Sq Ft 5,440 Sq Ft 1940 11/3/2020 $142,500 2/25/2021 $229,000 $278,000
15 OXFORD ST CHICOPEE MA 1020 1.9 miles 5 2 2,856 Sq Ft 11,000 Sq Ft 1910 6/28/2021 $301,000 5/3/2022 $330,000 $383,000
1273 CAREW ST SPRINGFIELD MA 1104 1.9 miles 3 2 1,491 Sq Ft 6,277 Sq Ft 1925 11/1/2021 $100,000 5/2/2022 $275,000 $237,000
59 WATSON ST CHICOPEE MA 1020 1.8 miles 3 2 1,330 Sq Ft 5,000 Sq Ft 1960 3/26/2021 $150,000 8/27/2021 $295,000 $246,000
171 SAINT JAMES AVE SPRINGFIELD MA 1109 1.8 miles 6 3 3,129 Sq Ft 5,401 Sq Ft 1900 10/1/2020 $ 85,000 6/3/2021 $284,999 $346,000
175 SAINT JAMES AVE SPRINGFIELD MA 1109 1.8 miles 6 2 2,771 Sq Ft 5,001 Sq Ft 1900 10/1/2020 $ 85,000 5/26/2021 $280,000 $327,000
187 WESTMINSTER ST SPRINGFIELD MA 1109 1.8 miles 5 3 2,800 Sq Ft 7,039 Sq Ft 1913 12/29/2020 $ 90,000 11/12/2021 $375,000 $414,000
427 MEADOW ST AGAWAM MA 1001 1.7 miles 3 1 1,795 Sq Ft 10,769 Sq Ft 1954 4/15/2021 $200,000 11/8/2021 $312,500 $326,000
16 EMMETT ST CHICOPEE MA 1020 1.6 miles 3 1 1,336 Sq Ft 11,358 Sq Ft 1860 2/23/2022 $150,000 7/28/2022 $275,000 $264,000
178 THOMPSON ST SPRINGFIELD MA 1109 1.6 miles 8 5 4,130 Sq Ft 11,299 Sq Ft 1889 5/19/2021 $114,000 1/4/2022 $350,000 $448,000
72 DREXEL ST SPRINGFIELD MA 1104 1.6 miles 3 1 1,285 Sq Ft 6,403 Sq Ft 1924 12/22/2021 $100,000 6/22/2022 $255,000 $188,000
95 EDDY ST SPRINGFIELD MA 1104 1.5 miles 3 1 1,008 Sq Ft 5,001 Sq Ft 1942 12/31/2020 $134,932 5/12/2021 $230,000 $255,000
93 CLAIRMONT AVE CHICOPEE MA 1013 1.4 miles 2 1 934 Sq Ft 7,000 Sq Ft 1952 10/16/2020 $227,000 10/15/2021 $265,000 $274,000
59 BRIGHTWOOD ST CHICOPEE MA 1020 1.4 miles 3 1 1,733 Sq Ft 5,000 Sq Ft 1949 11/2/2020 $160,000 3/2/2021 $280,000 $274,000
37 ELDRIDGE ST CHICOPEE MA 1013 1.3 miles 2 1 954 Sq Ft 7,200 Sq Ft 1940 2/18/2021 $147,000 6/14/2021 $230,000 $211,000
43 DAVENPORT ST CHICOPEE MA 1013 1.3 miles 2 1 958 Sq Ft 5,000 Sq Ft 1920 9/30/2021 $ 95,000 2/1/2022 $235,000 $243,000
1061 CAREW ST SPRINGFIELD MA 1104 1.3 miles 2 1 1,080 Sq Ft 5,258 Sq Ft 1926 12/23/2020 $125,000 11/29/2021 $220,000 $236,000
73 RIMMON AVE SPRINGFIELD MA 1107 1.3 miles 3 1 1,426 Sq Ft 3,433 Sq Ft 1923 12/15/2021 $165,000 5/31/2022 $300,000 $238,000
49 RIMMON AVE SPRINGFIELD MA 1107 1.2 miles 2 1 1,036 Sq Ft 4,744 Sq Ft 1950 5/28/2021 $140,000 12/2/2021 $250,000 $265,000
158 CHAPIN TER SPRINGFIELD MA 1104 1.2 miles 3 2 1,566 Sq Ft 5,854 Sq Ft 1943 8/3/2021 $140,000 12/31/2021 $260,000 $278,000
24 JARDINE ST SPRINGFIELD MA 1107 1.1 miles 3 1 888 Sq Ft 6,978 Sq Ft 1972 12/16/2021 $149,900 5/19/2022 $250,000 $237,000
91 WILBER ST SPRINGFIELD MA 1104 1 miles 3 2 1,252 Sq Ft 4,866 Sq Ft 1927 10/19/2020 $120,000 5/3/2021 $232,000 $266,000
242 ROY ST SPRINGFIELD MA 1104 1 miles 4 2 1,428 Sq Ft 12,602 Sq Ft 1972 12/27/2021 $185,000 4/22/2022 $290,000 $252,000
940 CAREW ST SPRINGFIELD MA 1104 0.8 miles 3 1 1,672 Sq Ft 8,059 Sq Ft 1945 2/3/2021 $ 75,000 7/20/2021 $245,000 $277,000
18 LITTLETON ST SPRINGFIELD MA 1104 0.7 miles 3 1 1,337 Sq Ft 5,001 Sq Ft 1916 1/28/2022 $130,000 7/1/2022 $290,000 $193,000
24 CLEVELAND ST SPRINGFIELD MA 1104 0.2 miles 3 3 1,352 Sq Ft 5,502 Sq Ft 1896 1/22/2021 $182,000 11/23/2021 $210,000 $250,000
124 WAIT ST SPRINGFIELD MA 1104 0.1 miles 3 1 1,370 Sq Ft 5,001 Sq Ft 1909 3/22/2021 $130,000 11/1/2021 $226,381 $239,000

This property is being sold at a public auction.

Trustee Sale Details

Auction date and time
Date Apr 12, 2023
Start Time 4:00 PM
Location

Bidding Instructions

All bidders must show proof of identity as well as proof of authority to purchase on behalf of a legal entity.

Contact

Customer Service *Contact Customer Service (877) 518-5700

Foreclosing Attorney

*Korde & Associates, P.C. (LOGS Legal Group) 978-256-1500
Important: All data on this page and other property pages is provided for informational purposes only. It is each potential buyer’s responsibility to perform their own due diligence prior to placing a bid on a property.