NOT LISTED FOR SALE

Estimated Value: $648,328

8 Beds
6 Baths
5,500 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $615,000 $112 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,397/month

98 Days on Market

Highlights

  • Property is near public transit
  • Level Lot
  • 4-minute walk to Keep Springfield Beautiful

About This Home

As of July 2024

In walking distance to MGM make this multi family your new investment property! Current owner has done a lot of renovations and this property is ready for a new owner! Pizza store on the first floor has been here for many years and is staying. This property can also be purchased with 463-465 state street!

Last Agent to Sell the Property

Drew Rodman

Lock and Key Realty Inc. Listed on: 12/13/2023

Lock and Key Realty Inc.

Last Buyer's Agent

Lenny Antoine

Elevate Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,661

Year Built

  • Built in 1900

Lot Details

  • 3,319 Sq Ft Lot
  • Level Lot

Parking

  • 5 Car Parking Spaces

Home Design

  • Brick Foundation

Interior Spaces

  • 5,500 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 8 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Community Details

  • 5 Units
  • Net Operating Income $28,800

Listing and Financial Details

  • Total Actual Rent $7,675
  • Assessor Parcel Number S:11110 P:0568,2606724

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,661

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • 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: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Living Area: 5500
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5521
  • MAIN SO: AN6715

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: S:11110 P:0568,2606724
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3319
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6661.43

Multi Family

  • Net Operating Income: 28800
  • Number Of Units Total: 5
  • Total Actual Rent: 7675
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jul 1, 2024
Sold by
447 State Street Llc
Bought by
Chheou Soun E and Chheou Sophay
Seller's Agent
Drew Rodman
Lock and Key Realty Inc.
Buyer's Agent
Lenny Antoine
Elevate Properties, LLC
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
162
Current Estimated Value
$648,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,328
Avg. Annual Appreciation
3.61%
Original Mortgage
$461,250
Outstanding Balance
$454,953
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,375

Purchase Details

Closed on
Jul 17, 2020
Sold by
Napolitano Invs Llc
Bought by
447 State Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2019
Closed on
Feb 18, 2020
Sold by
Kozaczka Chris
Bought by
Napolitano Investments
Seller's Agent
sophie kozaczka
Keller Williams Pinnacle Central
Buyer's Agent
Anthony La Penna
Complete Real Estate LLC
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.98%

Purchase Details

Closed on
Dec 29, 2004
Sold by
Laplante Bonnie A and Laplante Jeffrey A
Bought by
Kozaczka Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2002
Sold by
447 State St Rt and Dusty Corp
Bought by
Laplante Jeffrey A and Laplante Bonnie A

Purchase Details

Closed on
Jan 22, 1991
Sold by
Frodema Thomas P and Veillette Michael J
Bought by
Cable Russell T

Purchase Details

Closed on
Jul 16, 1987
Sold by
Rlty 85 Lp
Bought by
Frodema Thomas P
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
Chheou Soun E $615,000 None Available
447 State Street Llc -- None Available
447 State Street Llc -- None Available
447 State Street Llc -- None Available
Napolitano Investments $235,000 None Available
Kozaczka Chris $246,000 --
Kozaczka Chris $246,000 --
Kozaczka Chris $246,000 --
Laplante Jeffrey A $230,000 --
Laplante Jeffrey A $230,000 --
Cable Russell T $65,000 --
Cable Russell T $65,000 --
Frodema Thomas P $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chheou Soun E $461,250
Previous Owner 447 State Street Llc $50,000
Previous Owner Kozaczka Chris $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $615,000 -1.6% $112 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
12/13/2023 12/13/23 For Sale $625,000 +166.0% $114 / Sq Ft
02/27/2020 02/27/20 Sold $235,000 -6.0% $33 / Sq Ft View Prior Sale
12/02/2019 12/02/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $249,900 -16.7% $35 / Sq Ft
08/28/2019 08/28/19 For Sale $299,900 -- $42 / 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 -- $441,900 $49,900 $392,000
2024 -- $434,800 $49,900 $384,900
2023 $0 $390,700 $44,600 $346,100
2022 $0 $250,300 $39,200 $211,100
2021 $0 $252,600 $39,200 $213,400
2020 $7,292 $245,700 $39,200 $206,500
2019 $7,354 $243,800 $37,300 $206,500
2018 $0 $241,600 $37,300 $204,300
2017 $0 $232,000 $37,300 $194,700
2016 -- $216,100 $37,300 $178,800
2015 -- $212,500 $37,300 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73187181

MLS Property Information Network (MLS PIN)

APN: SPRI-011110-000000-000568