NOT LISTED FOR SALE

59 Palmer Ave Springfield, MA 01108

South End Neighborhood

Estimated Value: $317,000 - $458,000

8 Beds
2 Baths
3,132 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 14, 2019

Last sale price $164,000 $52 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,246/month

23 Days on Market

About This Home

As of January 2019

This two family house offers 2 spacious units, located in a walking distance to MGM, shops and restaurants. The first floor unit has 3 bedrooms with just upgraded kitchen and bathroom. All the walls are freshly painted. Hardwood floor under newly installed carpet. The second floor was upgraded a couple years ago, currently is occupied by the tenant with a month to month lease. The roof was replaced 2017. The exterior is freshly painted recently. There are 4 car garage. Utilities are separated. Third floor has a bunus with 3 extra bedrooms.

Last Agent to Sell the Property

Xiaoming Zhao

Executive Real Estate, Inc. Listed on: 11/14/2018

Executive Real Estate, Inc.

Last Buyer's Agent

Brittany Moreland

NextHome Elite Realty

NextHome Elite Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896

Lot Details

  • 5,663

Parking

  • 4 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1896

Lot Details

5,663 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 52.68
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1896
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1896

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: M95209
  • Main So: M27800
  • Estimated Sq Ft: 3132.00

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 4
  • Garage Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 1314000.00
  • Acre: 0.13
  • Lot Size: 5817.00
  • Page: 105
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 2701.48
  • Assessor Parcel Number: 2599831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 11, 2019
Sold by
Eda Ema Llc
Bought by
Santiago Urayoan
Seller's Agent
Xiaoming Zhao
Executive Real Estate, Inc.
Buyer's Agent
Brittany Moreland
NextHome Elite Realty
List Price
$165,000
Sold Price
$164,000
Premium/Discount to List
-$1,000
-0.61%
Current Estimated Value
$368,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,411
Avg. Annual Appreciation
12.00%
Original Mortgage
$168,884
Outstanding Balance
$149,271
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$219,141

Purchase Details

Closed on
Apr 4, 2014
Sold by
International Society
Bought by
Eda Ema Llc

Purchase Details

Listed on
Mar 12, 2012
Closed on
May 1, 2012
Sold by
Ucella Donald P and Ucella Gary
Bought by
Granite Funding Group
Seller's Agent
Kathryn Esser
Landmark, REALTORS®
Buyer's Agent
Kathryn Esser
Landmark, REALTORS®
List Price
$62,500
Sold Price
$54,500
Premium/Discount to List
-$8,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$85,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santiago Urayoan $172,000 None Available
Eda Ema Llc $800,000 --
Granite Funding Group $54,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Urayoan $168,884
Previous Owner Granite Funding Group $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2019 01/14/19 Sold $164,000 -0.6% $52 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $165,000 +202.8% $53 / Sq Ft
04/30/2012 04/30/12 Sold $54,500 -12.8% $17 / Sq Ft View Prior Sale
03/31/2012 03/31/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $62,500 -- $20 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,252 $271,200 $25,300 $245,900
2024 $4,171 $259,700 $23,600 $236,100
2023 $3,570 $209,400 $22,500 $186,900
2022 $3,691 $196,100 $20,500 $175,600
2021 $3,398 $179,800 $18,600 $161,200
2020 $3,035 $155,400 $18,600 $136,800
2019 $2,673 $135,800 $18,600 $117,200
2018 $2,586 $131,400 $18,600 $112,800
2017 $2,489 $126,600 $16,400 $110,200
2016 $2,153 $109,500 $16,400 $93,100
2015 $2,030 $103,200 $16,400 $86,800
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2019

    Xiaoming Zhao

    Executive Real Estate, Inc.

    (413) 575-3105

    1 in this area

    54 Total Sales

    Xiaoming Zhao
    Section Image

  • B

    Buyer's Agent in 2019

    Brittany Moreland

    NextHome Elite Realty

    (413) 285-5444

    31 Total Sales

    Brittany Moreland
    Section Image
  • Kathryn Esser

    Seller's Agent in 2012

    Kathryn Esser

    Landmark, REALTORS®

    (413) 348-3803

    32 Total Sales

    Kathryn Esser
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72423953

MLS Property Information Network (MLS PIN)

APN: SPRI-009455-000000-000042

Massachusetts Hampden County Springfield 01108 South End

59 Palmer Ave, Springfield, MA

Not Listed for Sale

MultiFamily

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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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