K
Seller's Agent in 2024
Kevin Li
MP Signature Realty LLC
(617) 257-3595
7 in this area
19 Total Sales
3 Leete St Springfield, MA 01108
Forest Park Neighborhood
12
Beds
6
Baths
6,650
Sq Ft
6,856
Sq Ft Lot
Highlights
- Property is near public transit
- Enclosed Patio or Porch
- Living Room
- Corner Lot
About This Home
As of October 2024Investment opportunity: Fully leased 6-family property with 2-bed, 1-bath units near downtown Springfield. Recent updates include a mix of fully renovated and updated units, with a new roof installed 5 years ago and several boilers and water heaters recently upgraded. All units have lead certs and separate utilities for heat, electric, and gas. Units 2L and 2R are leased with a lease start date of July 1, joining the other fully occupied units. This property boasts a strong rental history and offers reliable income in Springfield's competitive rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,649
Year Built
- Built in 1924
Lot Details
- 6,856 Sq Ft Lot
- Corner Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 6,650 Sq Ft Home
- Living Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Additional Features
- Enclosed Patio or Porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $5,170
- Rent includes unit 1(none), unit 2(none), unit 3(none), unit 4(none)
- Assessor Parcel Number S:07650 P:0033,2591680
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Net Operating Income $90,840
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Oct 8, 2024
Sold by
Bought by
Seller's Agent
Kevin Li
MP Signature Realty LLC
Buyer's Agent
Alice Kempf
Kempf-Vanderburgh Realty Consultants, Inc.
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Outstanding Balance
$459,282
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 13, 2009
Sold by
Bought by
Purchase Details
Closed on
Feb 2, 2005
Sold by
Bought by
Purchase Details
Closed on
Nov 16, 2004
Sold by
Bought by
Purchase Details
Closed on
Oct 7, 2004
Sold by
Bought by
Purchase Details
Closed on
May 15, 2003
Sold by
Bought by
Purchase Details
Closed on
Apr 12, 2001
Sold by
Bought by
Purchase Details
Closed on
Feb 18, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $625,000 | None Available | ||
| $127,000 | -- | ||
| $306,052 | -- | ||
| -- | -- | ||
| $160,000 | -- | ||
| -- | -- | ||
| $140,000 | -- | ||
| $120,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $468,750 | ||
| Previous Owner | $90,000 | ||
| Previous Owner | $60,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Sold | $625,000 | +4.2% | $94 / Sq Ft |
| 06/26/2024 06/26/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $599,900 | -- | $90 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,252 | $526,300 | $38,400 | $487,900 |
| 2024 | $8,348 | $519,800 | $38,400 | $481,400 |
| 2023 | $7,649 | $448,600 | $36,100 | $412,500 |
| 2022 | $6,613 | $351,400 | $33,800 | $317,600 |
| 2021 | $5,749 | $304,200 | $30,700 | $273,500 |
| 2020 | $5,136 | $263,000 | $30,700 | $232,300 |
| 2019 | $5,107 | $259,500 | $31,700 | $227,800 |
| 2018 | $4,824 | $245,100 | $31,700 | $213,400 |
| 2017 | $4,518 | $229,800 | $31,700 | $198,100 |
| 2016 | $4,221 | $214,700 | $31,700 | $183,000 |
| 2015 | -- | $207,100 | $31,700 | $175,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Li
-
Alice Kempf
A
Buyer's Agent in 2024
Alice Kempf
Kempf-Vanderburgh Realty Consultants, Inc.
16 in this area
267 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73254291
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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