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
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PROPERTY MAY BE OCCUPIED
Please note that it is unlawful to trespass on this property. Do not disturb tenant.
Contingencies/Terms Offered
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.
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: | |
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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.
1,008 Sq Ft and less
1,008 - 1,246 Sq Ft
1,246 - 1,472 Sq Ft
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 | 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 |