D
Seller's Agent in 2023
Drew Newcomb
RR & Company Realty, LLC
(413) 314-3463
1 in this area
5 Total Sales
50 Riverview St Springfield, MA 01108
Forest Park NeighborhoodEstimated Value: $349,000 - $409,000
8
Beds
2
Baths
3,279
Sq Ft
$116/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Enclosed Patio or Porch
- 2 Car Garage
About This Home
As of October 2023Offer Deadline is August 21st at 5pm. A nice multifamily dwelling with a backyard and driveway. First group showing is scheduled for 08/19/2023. 10 am - 3 pm. Both tenants on month to month leases. Seller prefers to sell with building with tenants in place.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,123
Year Built
- Built in 1915
Lot Details
- 6,325
Parking
- 2 Car Garage
- Shared Driveway
- On-Street Parking
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Foundation
Interior Spaces
- 3,279 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Schools
- Sumner Elementary School
- Forest Park Middle School
- Commerce High School
Additional Features
- Enclosed Patio or Porch
- 6,325 Sq Ft Lot
- 100 Amp Service
Community Details
- 2 Units
- Net Operating Income $26,820
Listing and Financial Details
- Total Actual Rent $2,235
- Assessor Parcel Number S:10285 P:0008,2603621
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2023
Closed on
Oct 10, 2023
Sold by
Riverview Street Rt and Madlog Management Llc Tr
Bought by
Severe Will J and Severe Linda J
Seller's Agent
Drew Newcomb
RR & Company Realty, LLC
Buyer's Agent
Drew Newcomb
RR & Company Realty, LLC
List Price
$260,000
Sold Price
$300,000
Premium/Discount to List
$40,000
15.38%
Views
165
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,915
Avg. Annual Appreciation
10.14%
Original Mortgage
$225,000
Outstanding Balance
$221,430
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,270
Purchase Details
Closed on
Oct 29, 2015
Sold by
Coute Christopher and Coute Kari A
Bought by
Riverview Street Rt and Madlog Management Llc
Purchase Details
Closed on
Apr 8, 2005
Sold by
Kelly Kenneth R and Kelly Tina Sourinho
Bought by
Coute Christopher and Coute Kari Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,050
Interest Rate
5.7%
Mortgage Type
VA
Purchase Details
Closed on
Dec 31, 2003
Sold by
Lynch Claire V and Fusco Bernice A
Bought by
Kelly Kenneth R and Kelly Tina Sourinno
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Severe Will J | $300,000 | None Available | |
| Riverview Street Rt | -- | -- | |
| Coute Christopher | $215,000 | -- | |
| Kelly Kenneth R | $163,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Severe Will J | $225,000 | |
| Previous Owner | Coute Christopher | $192,357 | |
| Previous Owner | Coute Christopher | $222,050 | |
| Previous Owner | Kelly Kenneth R | $154,850 | |
| Previous Owner | Lynch Claire | $106,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2023 10/10/23 | Sold | $300,000 | +15.4% | $91 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/13/2023 08/13/23 | For Sale | $260,000 | 0.0% | $79 / Sq Ft |
| 08/13/2023 08/13/23 | Off Market | $260,000 | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $260,000 | -- | $79 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $4,975 | $317,300 | $38,200 | $279,100 |
| 2024 | $4,367 | $271,900 | $38,200 | $233,700 |
| 2023 | $4,123 | $241,800 | $36,000 | $205,800 |
| 2022 | $4,011 | $213,100 | $33,600 | $179,500 |
| 2021 | $3,595 | $190,200 | $30,600 | $159,600 |
| 2020 | $3,445 | $176,400 | $30,600 | $145,800 |
| 2019 | $2,985 | $151,700 | $31,600 | $120,100 |
| 2018 | $2,970 | $150,900 | $31,600 | $119,300 |
| 2017 | $3,098 | $157,600 | $31,600 | $126,000 |
| 2016 | $3,004 | $152,800 | $31,600 | $121,200 |
| 2015 | $2,958 | $150,400 | $31,600 | $118,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73146714
APN: SPRI-010285-000000-000008
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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