83 Wallace St Unit 85 Springfield, MA 01119
Boston Road NeighborhoodEstimated Value: $353,000 - $439,000
4
Beds
4
Baths
1,764
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 83 Wallace St Unit 85, Springfield, MA 01119 and is currently estimated at $397,438, approximately $225 per square foot. 83 Wallace St Unit 85 is a home located in Hampden County with nearby schools including Thomas M Balliet Elementary School, M Marcus Kiley Middle, and Springfield Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2020
Sold by
Cotto Orlando
Bought by
Cotto Victor
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,596
Outstanding Balance
$172,939
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$224,499
Purchase Details
Closed on
Dec 29, 2005
Sold by
Velez Siomara and Cotto Victor O
Bought by
Cotto Haniel and Cotto Orlando
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 7, 2001
Sold by
Torres Alejandro
Bought by
Velez Joel and Cotto Victor O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,254
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 1994
Sold by
Fnma
Bought by
Torres Alejandro
Purchase Details
Closed on
May 5, 1994
Sold by
Smith Patrick J
Bought by
Source One Mtg Svcs and Firemans Fund Mtg
Purchase Details
Closed on
Jan 28, 1988
Sold by
Girard Andre
Bought by
Smith Patrick 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 |
|---|---|---|---|
| Cotto Victor | $225,000 | None Available | |
| Cotto Haniel | $185,000 | -- | |
| Velez Joel | $95,000 | -- | |
| Torres Alejandro | $57,000 | -- | |
| Source One Mtg Svcs | $121,976 | -- | |
| Smith Patrick J | $123,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cotto Victor | $194,596 | |
| Previous Owner | Cotto Haniel | $130,000 | |
| Previous Owner | Smith Patrick J | $94,254 | |
| Previous Owner | Smith Patrick J | $25,000 | |
| Previous Owner | Smith Patrick J | $113,500 |
Source: Public Records
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 | $5,693 | $363,100 | $43,700 | $319,400 |
| 2024 | $5,488 | $341,700 | $40,900 | $300,800 |
| 2023 | $4,938 | $289,600 | $38,900 | $250,700 |
| 2022 | $4,583 | $243,500 | $38,900 | $204,600 |
| 2021 | $4,283 | $226,600 | $35,400 | $191,200 |
| 2020 | $4,146 | $212,300 | $35,400 | $176,900 |
| 2019 | $3,777 | $191,900 | $35,400 | $156,500 |
| 2018 | $3,735 | $189,800 | $35,400 | $154,400 |
| 2017 | $3,645 | $185,400 | $35,400 | $150,000 |
| 2016 | $3,395 | $172,700 | $35,400 | $137,300 |
| 2015 | $3,236 | $164,500 | $35,400 | $129,100 |
Source: Public Records
Map
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