NOT LISTED FOR SALE

55 Oak St Unit 57 Springfield, MA 01109

Estimated Value: $354,056 - $412,000

6 Beds
2 Baths
2,616 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $253,500 $97 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,466/month

13 Days on Market

Highlights

  • Fenced Yard
  • Storage Shed
  • 3-minute walk to Myrtle Street Park
  • Enclosed Patio or Porch
  • Wall to Wall Carpet

About This Home

As of March 2021

Fantastic investment opportunity with this large, well maintained 2-Family home in Indian Orchard! Both units have 3 bedrooms, a living room, spacious galley style kitchens with dining areas, a full bath, a pantry room and their own porches! There are separate utilities for both apartments as well as separate laundry areas in the basement! Back yard is completely fenced in & the property has a paved driveway. The walk-up attic is accessible to both units and has unlimited potential! Property is fully occupied and both tenants are steady long time tenants!

Last Agent to Sell the Property

Nicole Tavares

Real Broker MA, LLC Listed on: 12/28/2020

Real Broker MA, LLC

Last Buyer's Agent

Steve Rovithis

ROVI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,041

Year Built

  • Built in 1905

Lot Details

  • 4,356

Flooring

  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed
  • Rain Gutters

Additional Features

  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:09182 P:0231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,041

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 95.53
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Flooring: Wall to Wall Carpet, Laminate
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement, Exterior Access
  • Main Lo: M95273
  • Main So: AN1842
  • Estimated Sq Ft: 2616.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Gutters, Storage Shed, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School

Lot Info

  • Assessments: 182100.00
  • Acre: 0.10
  • Lot Size: 4426.00
  • Page: 280
  • Parcel Number: S:09182 P:0231
  • Zoning: R2
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Total Levels: 2
  • Total Rent: 1775
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3556.00
  • Assessor Parcel Number: 2598427
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Mar 18, 2021
Sold by
Pedro Jose L and Pedro Mutilene M
Bought by
Azam Zaim
Seller's Agent
Nicole Tavares
Real Broker MA, LLC
Buyer's Agent
Steve Rovithis
ROVI Homes
List Price
$249,900
Sold Price
$253,500
Premium/Discount to List
$3,600
1.44%
Current Estimated Value
$375,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,093
Avg. Annual Appreciation
8.56%
Original Mortgage
$248,907
Outstanding Balance
$225,146
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$139,332

Purchase Details

Listed on
Apr 29, 2013
Closed on
Aug 23, 2013
Sold by
Fortunato Maria R
Bought by
Pedro Jose L and Pedro Mutilene M
Seller's Agent
Kimberly Allen
Berkshire Hathaway HomeServices Realty Professionals
Buyer's Agent
Cheryl Pitt
Happy Valley Realty Group, LLC
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Source: Public Records

Range of Values:

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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
Azam Zaim $253,500 None Available
Pedro Jose L $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azam Zaim $248,907
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $253,500 +1.4% $97 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $249,900 +92.2% $96 / Sq Ft
08/23/2013 08/23/13 Sold $130,000 -13.3% $50 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $150,000 -- $57 / 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 $5,041 $321,500 $42,100 $279,400
2024 $4,648 $289,400 $39,400 $250,000
2023 $4,257 $249,700 $32,300 $217,400
2022 $4,227 $224,600 $30,200 $194,400
2021 $3,512 $185,800 $27,500 $158,300
2020 $3,556 $182,100 $27,500 $154,600
2019 $3,481 $176,900 $28,400 $148,500
2018 $3,051 $167,700 $28,400 $139,300
2017 $3,051 $155,200 $24,200 $131,000
2016 $2,664 $135,500 $24,200 $111,300
2015 $2,571 $130,700 $24,200 $106,500
Source: Public Records

Agents Affiliated with this Home

  • Nicole Tavares

    Seller's Agent in 2021

    Nicole Tavares

    Real Broker MA, LLC

    (413) 265-9018

    4 in this area

    68 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Steve Rovithis

    ROVI Homes

    Section Image
  • Kimberly Allen

    Seller's Agent in 2013

    Kimberly Allen

    Berkshire Hathaway HomeServices Realty Professionals

    (413) 221-4885

    4 in this area

    301 Total Sales

    Section Image
  • Cheryl Pitt

    Buyer's Agent in 2013

    Cheryl Pitt

    Happy Valley Realty Group, LLC

    (413) 596-6711

    1 in this area

    34 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72769835

MLS Property Information Network (MLS PIN)

APN: SPRI-009182-000000-000231

Massachusetts Hampden County Springfield 01109

55 Oak St Unit 57, Springfield, MA

This home is located at 55 Oak St Unit 57, Springfield, MA 01109 since 28 December 2020 and is currently estimated at $386,264, approximately $147 per square foot. This property was built in 1905. 55 Oak St Unit 57 is a home located in Hampden County with nearby schools including Indian Orchard Elementary School, John F. Kennedy Academy, and Roger L. Putnam Vocational Technical Academy.

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.

MLS Property Information Network (MLS PIN) 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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