NOT LISTED FOR SALE

Estimated Value: $400,000 - $493,000

6 Beds
3 Baths
3,455 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $395,000 $114 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,728/month

15 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Home Office
  • Property is near public transit
  • Corner Lot
  • Balcony

About This Home

As of October 2024

Excellent income potential in this owner-occupied, legal three-family home in the heart of Springfield. This home has been in the same family for decades and has been well maintained! Many NEW upgrades: roof in 2024, 2 new water heaters in 2023, boiler in 2021, first floor bathroom just renovated. The two-car garage is under 10 years old. Backyard features a vegetable garden and fenced-in area. The basement has an incredible workshop complete with two utility sinks and separate spaces for different tenants. Three units, with one currently owner-occupied and the other two ready to rent! Owner rents top floor for $1400 including all utilities. Bottom floor also rents for $1400 but utilities are separate.

Last Agent to Sell the Property

Jessica Sperry

Maverick Realty Listed on: 08/12/2024

Last Buyer's Agent

Kade Phillips

RE/MAX Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,143

Year Built

  • Built in 1914

Lot Details

  • 6,499 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Garden

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,455 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $2,800
  • Rent includes unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water)
  • Assessor Parcel Number S:07650 P:0027,2591674

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,143

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1914
  • 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

  • Flooring: Wood, Carpet, Hardwood
  • Interior Amenities: Crown Molding, Bathroom With Tub & Shower, Ceiling Fan(s), Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room, Family Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Microwave
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Sump Pump, Concrete
  • Living Area: 3455
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6608
  • MAIN SO: AN8165

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters, Garden
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Heating: Oil, Hot Water, Natural Gas
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil, Propane Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 2(Heat,Electric,Gas,Water,Hot Water), Unit 3(Heat,Electric,Gas,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:07650 P:0027,2591674
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6499
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3143

Multi Family

  • Net Operating Income: 16800
  • Number Of Units Total: 3
  • Total Actual Rent: 2800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $395,000 -1.3% $114 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $400,000 -- $116 / 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 $5,248 $334,700 $25,600 $309,100
2024 $3,143 $195,700 $23,900 $171,800
2023 $3,098 $181,700 $22,700 $159,000
2022 $3,785 $201,100 $20,700 $180,400
2021 $3,680 $194,700 $18,800 $175,900
2020 $3,422 $175,200 $18,800 $156,400
2019 $2,865 $145,600 $18,800 $126,800
2018 $2,911 $147,900 $18,800 $129,100
2017 $2,851 $145,000 $15,100 $129,900
2016 $2,489 $126,600 $15,100 $111,500
2015 $2,931 $149,000 $31,600 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73276803

MLS Property Information Network (MLS PIN)

APN: SPRI-007650-000000-000027