54 Palmer Ave Springfield, MA 01108
South End NeighborhoodEstimated Value: $279,157 - $386,000
4
Beds
2
Baths
3,476
Sq Ft
$101/Sq Ft
Est. Value
About This Home
As of December 2021Looking to owner occupy or invest? This affordable two family in Springfield has two rented units that can remain or be delivered vacant as well. Each unit has two bedrooms and one bathroom, an oversized living room area, hardwood flooring and ceramic tile, gas baseboard heating with newer boilers, and plenty of storage space. Architectural shingles replaced on roof and replacement windows added approximately 8 years ago. Washer/dryer in second floor unit as well as basement hookups for first floor. Third floor is just waiting for your imagination to finish for additional living space. Two egresses for three family potential or extension of second floor, buyer to verify use with town. Property to be sold "as-is". Conveniently located on a dead end street, near highway access, and down the street from MGM Springfield! First showing at Open House Saturday 10/23 from 11-1pm !
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,574
Year Built
- 1896
Lot Details
- 5,663
Additional Features
- Property has 1 Level
- 2 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2021
Closed on
Dec 30, 2021
Sold by
Darco Ralph
Bought by
Smith-Lawes Ida M and Smith-Harris Alexia
Seller's Agent
Ryan McDowell
Naples Realty Group
Buyer's Agent
Tanya Harvey
Keller Williams Realty
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%
Total Days on Market
4
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
$102,789
Avg. Annual Appreciation
10.59%
Original Mortgage
$245,471
Outstanding Balance
$228,073
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$124,716
Purchase Details
Closed on
Aug 31, 2007
Sold by
Marino Joseph
Bought by
Darco Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2006
Sold by
Joseph Marion Ret and Marino Joseph
Bought by
Darco Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Springfield, MA
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 |
|---|---|---|---|
| Smith-Lawes Ida M | $250,000 | None Available | |
| Darco Ralph | -- | -- | |
| Darco Ralph | $122,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith-Lawes Ida M | $13,441 | |
| Closed | Lawes Ida M | $12,789 | |
| Closed | Lawes Ida M | $14,631 | |
| Open | Smith-Lawes Ida M | $245,471 | |
| Previous Owner | Darco Ralph | $130,000 | |
| Previous Owner | Darco Ralph | $98,000 | |
| Previous Owner | Darco Ralph | $24,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $250,000 | +4.2% | $72 / Sq Ft |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- |
| 10/21/2021 10/21/21 | For Sale | $239,900 | -- | $69 / 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 | $4,574 | $291,700 | $25,300 | $266,400 |
| 2024 | $4,050 | $252,200 | $23,600 | $228,600 |
| 2023 | $3,683 | $216,000 | $22,500 | $193,500 |
| 2022 | $3,348 | $177,900 | $20,400 | $157,500 |
| 2021 | $3,120 | $165,100 | $18,600 | $146,500 |
| 2020 | $3,037 | $155,500 | $18,600 | $136,900 |
| 2019 | $2,714 | $137,900 | $18,600 | $119,300 |
| 2018 | $2,789 | $141,700 | $18,600 | $123,100 |
| 2017 | $2,772 | $141,000 | $16,400 | $124,600 |
| 2016 | $2,206 | $112,200 | $16,400 | $95,800 |
| 2015 | $2,410 | $122,500 | $16,400 | $106,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan McDowell
Seller's Agent in 2021
Ryan McDowell
Naples Realty Group
(413) 218-0848
1 in this area
97 Total Sales
-
Tanya Harvey
Buyer's Agent in 2021
Tanya Harvey
Keller Williams Realty
(413) 364-0025
1 in this area
137 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72911056
APN: SPRI-009455-000000-000015
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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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