Seller's Agent in 2023
Silverio Estates Group
Century 21 North East
(978) 775-8200
1 in this area
21 Total Sales
583 Union St Springfield, MA 01109
Old Hill NeighborhoodEstimated Value: $386,000 - $458,000
9
Beds
3
Baths
4,080
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Shops
- Property is near public transit and schools
- Porch
- Coin Laundry
About This Home
As of May 2023Welcome to 583 Union St - Here for investors and First time home buyers alike this bright and spacious 3 decker in Springfield is ready for its next owner. This property features 3 units all with similar layouts - 3 spacious bedrooms, eat in kitchen and bright living room. Here you will find an income producing home that has two vacant units (1st & 3rd floor) with some nice updates and available for occupancy upon closing. Second floor as a long term tenants currently pays $1,300/mo. with a lease in place through 2024. The property is conveniently located near major highways, casino and everything that downtown Springfield has to offer. Do not hesitate and schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,440
Year Built
- Built in 1913
Lot Details
- 4,143 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 4,080 Sq Ft Home
- Insulated Windows
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Schools
- Deberry Element Elementary School
Additional Features
- Porch
- Property is near public transit and schools
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,300
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number S:11750 P:0223,2609776
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Net Operating Income $46,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2022
Closed on
May 5, 2023
Sold by
King-Green Jessica
Bought by
Margarin Deivi T
Seller's Agent
Silverio Estates Group
Century 21 North East
Buyer's Agent
Penelope Valdez Mejia
Keller Williams Realty
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Views
301
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
$68,912
Avg. Annual Appreciation
6.99%
Original Mortgage
$262,500
Outstanding Balance
$254,680
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,232
Purchase Details
Listed on
May 10, 2022
Closed on
Jul 1, 2022
Sold by
Savageau Jacob
Bought by
King-Green Jessica
Seller's Agent
Thomas Smith
Naples Realty Group
Buyer's Agent
Michelle Silverio
eXp Realty
List Price
$299,900
Sold Price
$320,000
Premium/Discount to List
$20,100
6.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$314,204
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Listed on
Nov 1, 2018
Closed on
Feb 22, 2019
Sold by
I-Buysellhomes Llc
Bought by
Savageau Jacob
Seller's Agent
Janice LaBroad
Realty One Group Cutting Edge
Buyer's Agent
Non Member
Non-Member
List Price
$150,000
Sold Price
$127,000
Premium/Discount to List
-$23,000
-15.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.88%
Original Mortgage
$132,554
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Listed on
May 3, 2014
Closed on
Jul 7, 2014
Sold by
Jd Enterprises Prop Mg
Bought by
I Buysellhomes Llc
Seller's Agent
Shawna Gutowski
Coldwell Banker Realty - Western MA
Buyer's Agent
Missy Williams
NRG Real Estate Services, Inc.
List Price
$100,583
Sold Price
$100,583
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Purchase Details
Closed on
Jul 27, 2012
Sold by
Residential Asset Secu and Deutsche Bank Natl T C
Bought by
Jd Ent Properties Mgmt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,700
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2004
Sold by
Hayles Kenrie
Bought by
Olotu Jacobs T
Purchase Details
Closed on
May 25, 2000
Sold by
Changasie Wilfred
Bought by
Hayles Kenrie
Purchase Details
Closed on
Nov 25, 1998
Sold by
Beals Carrella E
Bought by
Changasie Wilfred
Purchase Details
Closed on
Dec 12, 1997
Sold by
57 Hall St Rt and Ciborowski
Bought by
Beals Carrella E
Purchase Details
Closed on
Oct 24, 1997
Sold by
Jamlip Corp
Bought by
57 Hall St Rt and Ciborowski
Purchase Details
Closed on
Jun 3, 1997
Sold by
Herbali Hala J and Herbali Roula
Bought by
Jamlip Corp
Purchase Details
Closed on
Jan 31, 1992
Sold by
Lemonde Dev Corp and Stern
Bought by
Herbali Jamal and Alani Tahssin
Purchase Details
Closed on
Jul 11, 1989
Sold by
Bonavita Albert J
Bought by
Lemonde Dev Corp
Purchase Details
Closed on
Dec 31, 1987
Sold by
Gustafson William
Bought by
Bonavita Albert J
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 |
|---|---|---|---|
| Margarin Deivi T | $350,000 | None Available | |
| King-Green Jessica | $320,000 | None Available | |
| Savageau Jacob | $135,000 | -- | |
| I Buysellhomes Llc | $100,583 | -- | |
| Jd Ent Properties Mgmt | $25,000 | -- | |
| Olotu Jacobs T | $125,000 | -- | |
| Olotu Jacobs T | $125,000 | -- | |
| Hayles Kenrie | $80,000 | -- | |
| Changasie Wilfred | $70,000 | -- | |
| Beals Carrella E | $65,000 | -- | |
| 57 Hall St Rt | $19,000 | -- | |
| Jamlip Corp | $12,500 | -- | |
| Herbali Jamal | $30,000 | -- | |
| Lemonde Dev Corp | $160,000 | -- | |
| Lemonde Dev Corp | $160,000 | -- | |
| Bonavita Albert J | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Margarin Deivi T | $262,500 | |
| Previous Owner | King-Green Jessica | $314,204 | |
| Previous Owner | Savageau Jacob | $132,554 | |
| Previous Owner | Bonavita Albert J | $26,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $350,000 | -2.5% | $86 / Sq Ft | |
| 03/31/2023 03/31/23 | Pending | -- | -- | -- | |
| 03/28/2023 03/28/23 | For Sale | $359,000 | +2.6% | $88 / Sq Ft | |
| 02/11/2023 02/11/23 | Off Market | $350,000 | -- | -- | |
| 12/13/2022 12/13/22 | For Sale | $359,000 | 0.0% | $88 / Sq Ft | |
| 12/04/2022 12/04/22 | Pending | -- | -- | -- | |
| 11/07/2022 11/07/22 | For Sale | $359,000 | 0.0% | $88 / Sq Ft | |
| 11/06/2022 11/06/22 | Off Market | $359,000 | -- | -- | |
| 11/02/2022 11/02/22 | For Sale | $359,000 | +12.2% | $88 / Sq Ft | |
| 07/01/2022 07/01/22 | Sold | $320,000 | +6.7% | $78 / Sq Ft | View Prior Sale |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- | |
| 05/10/2022 05/10/22 | For Sale | $299,900 | +136.1% | $74 / Sq Ft | |
| 03/01/2019 03/01/19 | Sold | $127,000 | -9.2% | $31 / Sq Ft | View Prior Sale |
| 12/05/2018 12/05/18 | Pending | -- | -- | -- | |
| 11/20/2018 11/20/18 | Price Changed | $139,900 | -6.7% | $34 / Sq Ft | |
| 11/01/2018 11/01/18 | For Sale | $150,000 | +49.1% | $37 / Sq Ft | |
| 07/07/2014 07/07/14 | Sold | $100,583 | 0.0% | $25 / Sq Ft | View Prior Sale |
| 06/07/2014 06/07/14 | Pending | -- | -- | -- | |
| 05/03/2014 05/03/14 | For Sale | $100,583 | -- | $25 / 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 | $4,867 | $310,400 | $23,900 | $286,500 |
| 2024 | $4,717 | $293,700 | $22,300 | $271,400 |
| 2023 | $4,245 | $249,000 | $21,300 | $227,700 |
| 2022 | $3,440 | $182,800 | $19,300 | $163,500 |
| 2021 | $3,500 | $185,200 | $17,600 | $167,600 |
| 2020 | $3,453 | $176,800 | $17,600 | $159,200 |
| 2019 | $2,625 | $133,400 | $17,600 | $115,800 |
| 2018 | $2,994 | $143,700 | $17,600 | $126,100 |
| 2017 | $2,994 | $152,300 | $14,100 | $138,200 |
| 2016 | $2,882 | $146,600 | $14,100 | $132,500 |
| 2015 | $2,557 | $130,000 | $14,100 | $115,900 |
Source: Public Records
Agents Affiliated with this Home
-
Silverio Estates Group
-
Michelle Silverio
Seller Co-Listing Agent in 2023
Michelle Silverio
eXp Realty
(978) 775-8200
2 in this area
36 Total Sales
-
Penelope Valdez Mejia
Buyer's Agent in 2023
Penelope Valdez Mejia
Keller Williams Realty
(978) 873-2554
1 in this area
150 Total Sales
-
Thomas Smith
Seller's Agent in 2022
Thomas Smith
Naples Realty Group
(413) 799-2861
1 in this area
45 Total Sales
-
Janice LaBroad
Seller's Agent in 2019
Janice LaBroad
Realty One Group Cutting Edge
(860) 882-4969
1 in this area
103 Total Sales
-
N
Buyer's Agent in 2019
Non Member
Non-Member
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73054637
APN: SPRI-011750-000000-000223
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