NOT LISTED FOR SALE

1500 Main St Springfield, MA 01103

Metro Center Neighborhood

Estimated Value: $11,913,941

Studio
-- Bath
426,795 Sq Ft
$28/Sq Ft Est. Value

About This Home

This home is located at 1500 Main St, Springfield, MA 01103 and is currently estimated at $11,913,941, approximately $27 per square foot. 1500 Main St is a home located in Hampden County with nearby schools including White Street Elementary School, High School Of Commerce, and Springfield High School of Science and Technology.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Mittas Hospitality Llc and Dd Development Llc
Bought by
Sprfield Hospitality Hldg
Current Estimated Value
$11,913,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000,000
Outstanding Balance
$23,266,628
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$11,352,687

Purchase Details

Closed on
Apr 11, 2019
Sold by
Sai Raj Llc
Bought by
Arya Invest Mass Llc

Purchase Details

Closed on
Apr 12, 2018
Sold by
Mass Mutual Life Ins C
Bought by
Mittas Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,175,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2018
Sold by
Massachusetts Mutual L
Bought by
Mittas Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,175,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sprfield Hospitality Hldg -- None Available
Sprfield Hospitality Hldg -- None Available
Arya Invest Mass Llc -- --
Arya Invest Mass Llc -- --
Arya Invest Mass Llc -- --
Arya Invest Mass Llc -- --
Arya Invest Mass Llc -- --
Mittas Hospitality Llc $6,900,000 --
Mittas Hospitality Llc $6,900,000 --
Mittas Hospitality Llc $6,900,000 --
Mittas Hospitality Llc $10,500,000 --
Mittas Hospitality Llc $10,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprfield Hospitality Hldg $24,000,000
Closed Sprfield Hospitality Hldg $24,000,000
Previous Owner Mittas Hospitality Llc $5,175,000
Previous Owner Mittas Hospitality Llc $7,492,500
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 $0 $16,990,300 $2,943,000 $14,047,300
2024 $0 $17,279,400 $2,943,000 $14,336,400
2023 $0 $17,217,700 $2,978,000 $14,239,700
2022 $0 $17,711,900 $2,978,000 $14,733,900
2021 $682,108 $17,221,900 $2,454,000 $14,767,900
2020 $649,845 $16,565,000 $2,454,000 $14,111,000
2019 $1,039,615 $26,453,300 $3,642,800 $22,810,500
2018 $1,338,585 $36,332,700 $3,138,800 $33,193,900
2017 $1,338,585 $34,261,200 $3,232,500 $31,028,700
2016 $1,262,042 $32,695,400 $2,518,500 $30,176,900
2015 $1,253,333 $32,327,400 $2,518,500 $29,808,900
Source: Public Records

Map

Massachusetts Hampden County Springfield 01103 Metro Center

1500 Main St, Springfield, MA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes