NOT LISTED FOR SALE

73 Melrose St Unit 75 Springfield, MA 01109

Old Hill Neighborhood

Estimated Value: $232,000 - $306,902

5 Beds
4 Baths
2,120 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $200,000 $94 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,698/month

7 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Carpet
  • Heating Available

About This Home

As of October 2023

Two family in need of some work. The 1st-floor unit offers 5 rooms two bedrooms, and a good size kitchen, ( two bedrooms are combined to make one big master, originally a 3-bedroom unit). the second floor offers six rooms three bedrooms and a good-sized kitchen as well, much of the unit flooring is hardwood. mostly replacement vinyl window, and vinyl siding, newer roof, and updated circuit breakers box. located on a side street.

Last Agent to Sell the Property

Migdalia Buxo

M B C REALTORS® Listed on: 09/05/2023

Co-Listed By

Maher Khatib

M B C REALTORS®

Last Buyer's Agent

Kathy Morin-Paul

Kathy M. Paul Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1925

Lot Details

  • 5,001

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,120 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

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

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • Enclosed Patio or Porch
  • 5,001 Sq Ft Lot
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number S:08520 P:0026,2595401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,197

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • 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: 3

Interior Features

  • Flooring: Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Full, Interior Entry
  • Living Area: 2120
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: M95216
  • MAIN SO: J63000

Exterior Features

  • Exterior Features: Porch,Porch - Enclosed
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • 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
  • Heating: Unit 1(Steam,Oil), Unit 2(Steam,Oil)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:08520 P:0026,2595401
  • Zoning: R2
  • 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: 2023
  • Tax Annual Amount: 3197

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Phoenix Development Inc
Bought by
Chan-Ali Kim S
Current Estimated Value
$274,726

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 18, 2023
Sold by
King Sr Lenoris Bruce Est and King
Bought by
Phoenix Development Inc
Seller's Agent
Migdalia Buxo
M B C REALTORS®
Buyer's Agent
Kathy Morin-Paul
Kathy M. Paul Real Estate
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
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
Chan-Ali Kim S -- None Available
Chan-Ali Kim S -- None Available
Phoenix Development Inc $200,000 None Available
Phoenix Development Inc $200,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $200,000 -20.0% $94 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $250,000 -- $118 / 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 $3,109 $198,300 $24,600 $173,700
2024 $2,674 $166,500 $23,000 $143,500
2023 $3,197 $187,500 $21,900 $165,600
2022 $2,646 $140,600 $19,900 $120,700
2021 $2,601 $137,600 $18,100 $119,500
2020 $2,779 $142,300 $18,100 $124,200
2019 $2,253 $114,500 $18,100 $96,400
2018 $1,948 $99,000 $18,100 $80,900
2017 $1,999 $101,700 $14,500 $87,200
2016 $1,697 $86,300 $14,500 $71,800
2015 $1,566 $79,600 $14,500 $65,100
Source: Public Records

Agents Affiliated with this Home

  • Migdalia Buxo

    Seller's Agent in 2023

    Migdalia Buxo

    M B C REALTORS®

    (413) 262-8335

    6 in this area

    166 Total Sales

    Migdalia Buxo
    Section Image
  • Maher Khatib

    Seller Co-Listing Agent in 2023

    Maher Khatib

    M B C REALTORS®

    (413) 262-8687

    6 in this area

    41 Total Sales

    Maher Khatib
    Section Image
  • Kathy Morin-Paul

    Buyer's Agent in 2023

    Kathy Morin-Paul

    Kathy M. Paul Real Estate

    (413) 530-0665

    1 in this area

    70 Total Sales

    Kathy Morin-Paul
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73155309

MLS Property Information Network (MLS PIN)

APN: SPRI-008520-000000-000026

Massachusetts Hampden County Springfield 01109 Old Hill

73 Melrose St Unit 75, Springfield, MA

Not Listed for Sale

MultiFamily

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