This apartment building at 15 Glendale Ave. was the second-highest sale in Hampshire County for the week ending Feb. 15. It sold for $505,000., Purchase photo reprints »
For the week ending Feb. 15, the sale of land in Easthampton was the highest recorded property transfer in Hampshire and southern Franklin counties, followed by transactions in Northampton and Amherst.
Autumn Properties LLC, of Easthampton, sold approximately 4.3 acres of property at 69 Parsons St. in that city for $650,000 to Valley Community Development Corp., based in Northampton. The CDC has received more than $3.6 million in state and federal funding to build a 38-unit affordable housing development on the site known as Parsons Village. The entire project is estimated to cost about $11.5 million, according to the Valley CDC.
The second-highest sale, for $505,000, occurred in Northampton where John B. Dunphy transferred a four-unit apartment building at 15 Glendale Ave. to Leeann and Stuart Warner of Leverett. Built in 1910, the property is located on the outskirts of the city’s downtown and is assessed at $378,500.
The third-highest sale involved a multi-family home at 6-8 Pomeroy Terrace in Northampton, property that borders the agricultural Meadows section of the city. Arnie Rosenbach and Renata S. Pienkawa of Amherst acquired the property for $500,000 from Benjamin G. James and Oona M. Coy. The three units in the home feature 17 rooms in 4,372 square feet of living space. The property last changed hands for $615,000 in 2005 and is assessed today at $568,200.
In another $500,000 transaction, Greenfield Savings Bank foreclosed on a mortgage held by Amherst developer Levi-Nielson Co. for property located at 650-652 South East St. in that town.