NOT LISTED FOR SALE

Estimated Value: $563,000 - $703,000

12 Beds
5 Baths
7,643 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $620,000 $81 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,167/month

82 Days on Market

About This Home

As of March 2023

Welcome to 175 Mill Street Springfield! You will Find an 8 Bed x 3 Full Bath Main House that is Currently the Site of a Successful SUPERHOST Status Airbnb Business! (Aka 'The Old Springfield Mob House'). Behind the Main House, There's a Detached Duplex with each unit being (2) Bed x 1 Full Bath. Both the Main House & Duplex have had NUMEROUS Important Upgrades Such as Newer Plumbing, Electrical, Drywall, Gutters, Roof, Windows & Insulation! Each Room has been Meticulously Upgraded & Refinished! The Main House is Sold FURNISHED with Everything you Need to Continue this Airbnb Business! The Exterior has Great Curb Appeal & the Newly Added 14 Parking Spaces Gives Ample Parking for Guests! Currently Rooms Rent on Airbnb with Prices Ranging $126-$159/night or Full House to be Rented $750/night. The Duplex has a Potential Rental Income Upwards of $1,500-$1,850 per unit/month. Here's Your Chance to Own a Truly Beautiful Property & Walk Right into a Current Successful Operating Business!

Last Agent to Sell the Property

Karol Makusiewicz

Signature Realty Listed on: 10/15/2022

Last Buyer's Agent

Brandi Gamble-Eddington

Naples Realty Group

Naples Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,737

Year Built

  • Built in 1900

Lot Details

  • 0.43 Acre Lot

Home Design

  • Triplex
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 7,643 Sq Ft Home
  • 7 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Parking

  • 18 Car Parking Spaces
  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $7,100
  • Assessor Parcel Number S:08675 P:0133,2596046

Community Details

Overview

  • 3 Units
  • Property has 3 Levels

Building Details

  • Net Operating Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,737

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Side by Side
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 7
  • Total Bedrooms: 12
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • Living Area: 7643
  • Stories Total: 6
  • MAIN LO: AN1364
  • MAIN SO: AC0342

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 18

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: S:08675 P:0133,2596046
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18818
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7737

Multi Family

  • Net Operating Income: 29400
  • Number Of Units Total: 3
  • Total Actual Rent: 7100
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 1994
Sold by
Bellucci Edith M
Bought by
United Hands For Women
Current Estimated Value
$655,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
United Hands For Women $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed United Hands For Women $75,000
Previous Owner United Hands For Women $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2023 03/23/23 Sold $620,000 -11.4% $81 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/14/2022 12/14/22 Price Changed $699,999 -5.4% $92 / Sq Ft
12/06/2022 12/06/22 Price Changed $739,999 -7.5% $97 / Sq Ft
10/27/2022 10/27/22 Price Changed $799,999 -15.7% $105 / Sq Ft
10/15/2022 10/15/22 For Sale $949,000 +99.8% $124 / Sq Ft
01/08/2021 01/08/21 Sold $475,000 0.0% $62 / Sq Ft View Prior Sale
11/11/2020 11/11/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $475,000 -- $62 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,804 $561,500 $28,100 $533,400
2024 $7,315 $455,500 $26,300 $429,200
2023 $7,441 $436,400 $25,100 $411,300
2022 $7,737 $411,100 $22,900 $388,200
2021 $7,369 $389,900 $20,800 $369,100
2020 $6,455 $330,500 $20,800 $309,700
2019 $7,195 $365,600 $20,800 $344,800
2018 $3,249 $165,100 $20,800 $144,300
2017 $3,659 $186,100 $34,800 $151,300
2016 -- $182,500 $34,800 $147,700
2015 -- $197,100 $34,800 $162,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73048629

MLS Property Information Network (MLS PIN)

APN: SPRI-008675-000000-000133