RENTED MAY 9, 2025

48 Silver St Unit 1 Springfield, MA 01107

Liberty Heights Neighborhood

Estimated Value: $378,000 - $468,000

2 Beds
1 Bath
1,170 Sq Ft
$364/Sq Ft Est. Value

Highlights

  • Medical Services
  • Main Floor Primary Bedroom
  • Jogging Path
  • Property is near public transit
  • No HOA
  • Park

About This Home

As of May 2025

Newly renovated first floor apartment features large open floor plan with tiled/carpet floors , large bathroom, park close bye and easy access to highway

Last Agent to Rent the Property

Steve Byrne

First Place Realty Listed on: 04/17/2025

Last Renter's Agent

Irene Rivera

RE/MAX IGNITE

RE/MAX IGNITE

Property Details

Home Type

  • Multi-Family

Year Built

  • 1922

Parking

  • 2 Car Parking Spaces

Home Design

  • 1,170 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Range
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $1,900
  • Property Available on 6/1/25
  • Rent includes water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 2605573

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1922

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-06-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1900

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 1
  • CoOp Comp: 500
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built (Public Record): 1922

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Above Grade Finished Sq Ft: 1170
  • Living Area: 1170
  • Spa YN: No
  • MAIN LO: M95221
  • MAIN SO: AN2829

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access
  • Rent Includes: Water, Trash Collection
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2605573
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 0.18
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Marrero Luis and Lopez Sharon
Bought by
Abdella Gemila
Current Estimated Value
$425,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Outstanding Balance
$387,023
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$38,534

Purchase Details

Closed on
Jun 23, 2022
Sold by
Marrero Luis
Bought by
Marrero Luis and Lopez Sharon

Purchase Details

Closed on
Feb 16, 2022
Sold by
Perez Jorge
Bought by
Marrero Luis

Purchase Details

Closed on
May 1, 2015
Sold by
Perez Angel
Bought by
Perez Jorge

Purchase Details

Closed on
Sep 24, 2004
Sold by
Small David B and Small David H
Bought by
Perez Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
5.89%
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
Abdella Gemila $405,000 None Available
Marrero Luis -- None Available
Marrero Luis -- Misc Company
Perez Jorge $62,000 --
Perez Angel $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdella Gemila $397,664
Previous Owner Perez Angel $137,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Rented $1,900 0.0% --
05/05/2025 05/05/25 Under Contract -- -- --
04/17/2025 04/17/25 For Rent $1,900 +8.6% --
05/08/2024 05/08/24 Rented $1,750 0.0% --
05/01/2024 05/01/24 Under Contract -- -- --
04/08/2024 04/08/24 Price Changed $1,750 -10.3% $2 / Sq Ft
03/15/2024 03/15/24 For Rent $1,950 +2.6% --
07/07/2023 07/07/23 Rented $1,900 0.0% --
06/27/2023 06/27/23 Under Contract -- -- --
05/26/2023 05/26/23 For Rent $1,900 -- --
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 $5,628 $358,900 $39,000 $319,900
2024 $5,167 $321,700 $39,000 $282,700
2023 $3,865 $226,700 $34,600 $192,100
2022 $3,126 $166,100 $32,300 $133,800
2021 $2,984 $157,900 $29,400 $128,500
2020 $3,008 $154,000 $29,400 $124,600
2019 $2,952 $150,000 $31,900 $118,100
2018 $3,041 $154,500 $31,900 $122,600
2017 $2,768 $140,800 $28,900 $111,900
2016 $2,697 $137,200 $27,400 $109,800
2015 -- $125,600 $27,400 $98,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2025

    Steve Byrne

    First Place Realty

    Section Image

  • I

    Tenant's Agent in 2025

    Irene Rivera

    RE/MAX

    (413) 885-6525

    14 Total Sales

    Irene Rivera
    Section Image
  • John Wariebi

    Seller's Agent in 2024

    John Wariebi

    Property Investors & Advisors, LLC

    (508) 335-5076

    73 Total Sales

    John Wariebi
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    Rayschell Mccants

    Property Investors & Advisors, LLC

    8 Total Sales

    Rayschell Mccants
    Section Image
  • Eric Vick

    Seller's Agent in 2023

    Eric Vick

    Deedshare Realty Co

    (857) 205-2111

    1 in this area

    8 Total Sales

    Eric Vick
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73361240

MLS Property Information Network (MLS PIN)

APN: SPRI-010875-000000-000018

Massachusetts Hampden County Springfield 01107 Liberty Heights

48 Silver St Unit 1, Springfield, MA

Not Listed for Sale

MultiFamily

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