NOT LISTED FOR SALE

11 Welcome Place Springfield, MA 01109

McKnight Neighborhood

Estimated Value: $370,054 - $406,000

6 Beds
5 Baths
2,911 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 11 Welcome Place, Springfield, MA 01109 and is currently estimated at $383,764, approximately $131 per square foot. 11 Welcome Place is a home located in Hampden County with nearby schools including Van Sickle Academy, Jeff Davis Co Voc Tech Center, and High School Of Commerce.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Valley Castle Hldg Llc
Bought by
Melendez Michelle
Current Estimated Value
$383,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,735
Outstanding Balance
$199,869
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$183,895

Purchase Details

Closed on
Nov 2, 2018
Sold by
Melwood Realty Llc
Bought by
Valley Castle Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2017
Sold by
J & M Property & Dev Llc
Bought by
Melwood Realty Llc

Purchase Details

Closed on
Mar 4, 2011
Sold by
Serriccio Michael
Bought by
J & M Prop & Dev Llc

Purchase Details

Closed on
Jan 13, 2011
Sold by
Wells Fargo Bk
Bought by
Serricchio Michael

Purchase Details

Closed on
Apr 7, 2008
Sold by
Argueta German A and Option One Mortgage Co
Bought by
Wells Fargo Bk

Purchase Details

Closed on
May 26, 2006
Sold by
Bartlett Street Rlty A and Patel
Bought by
Argueta German A and Argueta Marbely E

Purchase Details

Closed on
Nov 4, 2004
Sold by
Patel Ritesh
Bought by
Bartlett Street Rt Llc

Purchase Details

Closed on
Aug 19, 2004
Sold by
Faniel Erik L
Bought by
Patel Ritesh

Purchase Details

Closed on
Sep 12, 1996
Sold by
United Rt and Difranco
Bought by
Faniel Erik L

Purchase Details

Closed on
Mar 16, 1992
Sold by
Emerald Investments
Bought by
Thunder Rt No 1115
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

Date Buyer Sale Price Title Company
Melendez Michelle $229,900 None Available
Valley Castle Holdings $1,240,000 --
Melwood Realty Llc $83,000 --
Melwood Realty Llc $83,000 --
J & M Prop & Dev Llc -- --
J & M Prop & Dev Llc -- --
J & M Prop & Dev Llc -- --
Serricchio Michael $45,000 --
Serricchio Michael $45,000 --
Wells Fargo Bk $84,150 --
Wells Fargo Bk $84,150 --
Argueta German A -- --
Argueta German A -- --
Argueta German A -- --
Bartlett Street Rt Llc -- --
Bartlett Street Rt Llc -- --
Patel Ritesh $107,000 --
Patel Ritesh $107,000 --
Faniel Erik L $71,000 --
Thunder Rt No 1115 $93,000 --
Thunder Rt No 1115 $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Michelle $225,735
Previous Owner Valley Castle Holdings $984,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

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 $4,624 $294,900 $24,500 $270,400
2024 $4,145 $258,100 $22,900 $235,200
2023 $4,034 $236,600 $21,800 $214,800
2022 $4,330 $230,100 $19,900 $210,200
2021 $3,432 $181,600 $18,100 $163,500
2020 $2,588 $132,500 $18,100 $114,400
2019 $2,580 $131,100 $15,400 $115,700
2018 $2,439 $124,800 $15,400 $109,400
2017 $2,410 $122,600 $14,500 $108,100
2016 $1,988 $101,100 $14,500 $86,600
2015 -- $99,900 $14,500 $85,400
Source: Public Records

Map

Massachusetts Hampden County Springfield 01109 McKnight

11 Welcome Place, Springfield, MA

Not Listed for Sale

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