NOT LISTED FOR SALE

Estimated Value: $412,000 - $494,000

6 Beds
2 Baths
3,216 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $400,000 $124 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,756/month

28 Days on Market

Highlights

  • Medical Services
  • 2 Fireplaces
  • Fenced
  • Property is near public transit
  • Porch

About This Home

As of October 2024

Don't miss A rare find in Springfield - 3 bedrooms in each unit! Excellent multi-family with investment opportunity in a convenient location, with tons of potential. First-floor unit has a kitchen with an eat-in area, living room, dining room, 3 good size bedrooms, kitchen, full bathroom, and gas heat & hot water. The second-floor unit has the same nice layout. Separate utilities.Located near all amenities for your convenience. Great for owner-occupied buyers with rental income to help pay their mortgage or a wonderful opportunity for investors. This one will go fast! vacant easy to show

Last Agent to Sell the Property

Fallah Razzak

Lock and Key Realty Inc. Listed on: 09/03/2024

Lock and Key Realty Inc.

Last Buyer's Agent

Nunley Group

Executive Real Estate, Inc.

Executive Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,105

Year Built

  • Built in 1923

Lot Details

  • 5,001 Sq Ft Lot
  • Fenced

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,216 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Community Details

  • 2 Units
  • Medical Services
  • Net Operating Income $21,600

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number 2588953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,105

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1923
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry
  • Living Area: 3216
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5521
  • MAIN SO: AC1693

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2588953
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5105

Multi Family

  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1800
  • 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
Nov 8, 2022
Closed on
Jan 5, 2023
Sold by
Winners O Llc
Bought by
Hickson Katharine
Seller's Agent
Geofferey Bradshaw
Lock and Key Realty Inc.
Buyer's Agent
Fallah Razzak
Lock and Key Realty Inc.
List Price
$339,000
Sold Price
$346,000
Premium/Discount to List
$7,000
2.06%
Views
69
Current Estimated Value
$438,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,994
Avg. Annual Appreciation
8.35%
Original Mortgage
$334,452
Outstanding Balance
$322,405
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$116,589

Purchase Details

Closed on
Jun 9, 2022
Sold by
Davis-Smith Shawn D
Bought by
Winners O Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,750
Interest Rate
5.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2009
Sold by
Fnma
Bought by
Chernock Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2009
Sold by
Mungai Winnie and Mers
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Cruz Luis A and Ocasio Omayra
Bought by
Mungai Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
First Empire Rlty Inv
Bought by
Ocasio Omayra

Purchase Details

Closed on
Jan 22, 2002
Sold by
Pietila James A and Pietila Kathryn P
Bought by
First Empire Rlty Inv

Purchase Details

Closed on
Dec 14, 1994
Sold by
Thompson Allen G
Bought by
Pietila James A and Pietila Kathryn P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hickson Katharine $346,000 None Available
Winners O Llc $185,000 None Available
Chernock Realty Inc $92,500 --
Chernock Realty Inc $92,500 --
Federal National Mortgage Association $170,502 --
Federal National Mortgage Association $170,502 --
Mungai Winnie $175,000 --
Mungai Winnie $175,000 --
Ocasio Omayra $138,000 --
Ocasio Omayra $138,000 --
First Empire Rlty Inv $57,000 --
First Empire Rlty Inv $57,000 --
Pietila James A $36,000 --
Pietila James A $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickson Katharine $334,452
Previous Owner Winners O Llc $180,750
Previous Owner Chernock Realty Inc $72,250
Previous Owner Mungai Winnie $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $400,000 +2.6% $124 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $389,900 +12.7% $121 / Sq Ft
01/06/2023 01/06/23 Sold $346,000 +2.1% $108 / Sq Ft View Prior Sale
11/23/2022 11/23/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $339,000 -- $105 / 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 $5,466 $348,600 $36,800 $311,800
2024 $5,105 $317,900 $36,800 $281,100
2023 $4,073 $238,900 $35,100 $203,800
2022 $3,681 $195,600 $35,100 $160,500
2021 $3,738 $197,800 $31,900 $165,900
2020 $3,638 $186,300 $31,900 $154,400
2019 $3,273 $166,300 $31,900 $134,400
2018 $3,320 $168,700 $31,900 $136,800
2017 $3,163 $160,900 $30,500 $130,400
2016 $3,032 $154,200 $30,500 $123,700
2015 $2,539 $129,100 $30,500 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73284041

MLS Property Information Network (MLS PIN)

APN: SPRI-006806-000000-000012