40 Riverview Terrace Springfield, MA 01108
Forest Park NeighborhoodEstimated Value: $357,000 - $443,000
4
Beds
4
Baths
3,435
Sq Ft
$116/Sq Ft
Est. Value
About This Home
This home is located at 40 Riverview Terrace, Springfield, MA 01108 and is currently estimated at $396,898, approximately $115 per square foot. 40 Riverview Terrace is a home located in Hampden County with nearby schools including Sumner Avenue Elementary School, Forest Park Middle School, and High School Of Commerce.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 1997
Sold by
Fnma
Bought by
Sears Brian P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 30, 1997
Sold by
Garcia Alfred G and Garcia Judy K
Bought by
Federal National Mortgage Association
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sears Brian P | $91,793 | -- | |
| Federal National Mortgage Association | $118,655 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Federal National Mortgage Association | $71,000 | |
| Closed | Federal National Mortgage Association | $73,400 | |
| Previous Owner | Federal National Mortgage Association | $42,000 | |
| Previous Owner | Federal National Mortgage Association | $160,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,044 | $321,700 | $40,200 | $281,500 |
| 2024 | $5,202 | $323,900 | $40,200 | $283,700 |
| 2023 | $4,878 | $286,100 | $37,800 | $248,300 |
| 2022 | $4,854 | $257,900 | $35,400 | $222,500 |
| 2021 | $4,317 | $228,400 | $32,200 | $196,200 |
| 2020 | $4,390 | $224,800 | $32,200 | $192,600 |
| 2019 | $4,300 | $218,500 | $33,200 | $185,300 |
| 2018 | $4,253 | $216,100 | $33,200 | $182,900 |
| 2017 | $5,367 | $273,000 | $33,200 | $239,800 |
| 2016 | $5,298 | $269,500 | $33,200 | $236,300 |
| 2015 | $5,187 | $263,700 | $33,200 | $230,500 |
Source: Public Records
Map
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