NOT LISTED FOR SALE

Estimated Value: $402,000 - $457,000

9 Beds
3 Baths
4,080 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $350,000 $86 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,789/month

148 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Shops
  • Property is near public transit
  • Porch
  • Coin Laundry

About This Home

As of May 2023

Welcome 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!

Last Agent to Sell the Property

Silverio Estates Group

Century 21 North East Listed on: 11/02/2022

Century 21 North East

Co-Listed By

Michelle Silverio

eXp Realty

Last Buyer's Agent

Penelope Valdez Mejia

Keller Williams Realty

Keller Williams Realty

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

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Deberry Element Elementary School

Additional Features

  • Porch
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,440

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1913
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 4080
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 87.99
  • PRICE PER Sq Ft: 85.78
  • MAIN SO: G95022

Exterior Features

  • Construction Materials: Stone
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: S:11750 P:0223,2609776
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4143
  • Lot Size Units: Acres
  • PAGE: 350
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3440
  • Tax Book Number: 24623

Multi Family

  • Gross Income: 46800
  • Net Operating Income: 46800
  • Number Of Units Total: 3
  • Total Actual Rent: 1300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • Elementary School: Deberry Element

Ownership History

Date Name Owned For Owner Type

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%
Current Estimated Value
$431,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,535
Avg. Annual Appreciation
10.13%
Original Mortgage
$314,204
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2004
Sold by
Hayles Kenrie
Bought by
Olotu Jacobs T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2000
Sold by
Changasie Wilfred
Bought by
Hayles Kenrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,820
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

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
Source: Public Records

Range of Values:

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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
King-Green Jessica $320,000 None Available
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
Closed King-Green Jessica $314,204
Previous Owner Savageau Jacob $7,010
Previous Owner Savageau Jacob $132,554
Previous Owner I-Buysellhomes Llc $50,000
Previous Owner I Buysellhomes Llc $10,000
Previous Owner I Buysellhomes Llc $20,000
Previous Owner Jd Ent Properties Mgmt $26,700
Previous Owner Olotu Jacobs T $100,000
Previous Owner Hayles Kenrie $89,600
Previous Owner Bonavita Albert J $73,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73054637

MLS Property Information Network (MLS PIN)

APN: SPRI-011750-000000-000223