Priced to sell well below assessed value. This is a solid investment property in good shape. Move tenants right in and start collecting rent OR buy to own. Additional bedrooms in attic could be added to 2nd floor apartment after remodel. Cash buyers preferred. Being sold as is. Nice, private back yard plus off-street parking.
Multi-familyProperty Type
1893Year Built
6,970 sq ftLot Size
$142Est. Price/Sq.Ft.
4 spacesParking
Listed by Chris Buendo• Keller Williams Realty
Bought with Gary Bellucci• Keller Williams Realty
Source:MLS PIN #71730795
Redfin Estimate
$379,870
$154K since sold in July 2021$20K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.2% higher than the average sale price ($308K) of 6 comparable homes.
Priced to sell well below assessed value. This is a solid investment property in good shape. Move tenants right in and start collecting rent OR buy to own. Additional bedrooms in attic could be added to 2nd floor apartment after remodel. Cash buyers preferred. Being sold as is. Nice, private back yard plus off-street parking.
Year
Property tax
Land + Additions
Assessment*
2023
$3,667 (+31.9%)
$22,800 + $192,300
$215,100
2022
$2,780 (−0.1%)
$20,800 + $126,900
$147,700
2021
$2,784 (+1.5%)
$18,900 + $128,400
$147,300
2020
$2,744 (+3.0%)
$18,900 + $121,600
$140,500
2019
$2,665 (+10.8%)
$18,900 + $116,500
$135,400
2018
$2,405 (+6.0%)
$18,900 + $103,300
$122,200
2017
$2,269 (+17.7%)
$16,600 + $98,800
$115,400
2016
$1,927 (−2.7%)
$16,600 + $81,400
$98,000
2015
$1,981 (+1.1%)
$16,600 + $84,100
$100,700
2014
$1,959 (−2.1%)
$17,900 + $81,500
$99,400
2013
$2,001 (−3.6%)
$17,900 + $83,600
$101,500
2012
$2,076 (−5.9%)
$17,900 + $86,800
$104,700
2011
$2,206
$27,400 + $85,800
$113,200
Tax history for 31 Palmer Ave
Year
Property tax
Land + Additions
Assessment*
2023
$3,667 (+31.9%)
$22,800 + $192,300
$215,100
2022
$2,780 (−0.1%)
$20,800 + $126,900
$147,700
2021
$2,784 (+1.5%)
$18,900 + $128,400
$147,300
2020
$2,744 (+3.0%)
$18,900 + $121,600
$140,500
2019
$2,665 (+10.8%)
$18,900 + $116,500
$135,400
2018
$2,405 (+6.0%)
$18,900 + $103,300
$122,200
2017
$2,269 (+17.7%)
$16,600 + $98,800
$115,400
2016
$1,927 (−2.7%)
$16,600 + $81,400
$98,000
2015
$1,981 (+1.1%)
$16,600 + $84,100
$100,700
2014
$1,959 (−2.1%)
$17,900 + $81,500
$99,400
2013
$2,001 (−3.6%)
$17,900 + $83,600
$101,500
2012
$2,076 (−5.9%)
$17,900 + $86,800
$104,700
2011
$2,206
$27,400 + $85,800
$113,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Interior
Basement Information
Basement Type: Full
Bathroom Information
# of Full Baths: 3
Heating & Cooling
Heating Type: Forced Hot Water
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 13
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Exterior Wall: Aluminum/Vinyl
Property Information
Living Sq. Ft: 2,672
Gross Sq. Ft: 2,672
# of Units: 2
# of Stories: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,970
Municipality Name: SPRINGFIELD
Acres: 0.16
Zoning Code: R2
State Use Description: 2-FAMILY RESIDENCE
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 7
Baths: 3.0
Sq. Ft.: 2,672
Stories: 2.0
Lot Size: 6,970 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1893
Year Renovated: —
County: Hampden County
APN: 2599836
Home facts updated by county records on Jul 19, 2023
Around this home
Schools
Springfield Public Day Elementary School
Public 1-5 • Assigned • 2.1mi
2/10
South End Middle School
Public 6-8 • Assigned • 0.5mi
3/10
Springfield High School
Public 9-12 • Assigned • 1.0mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, MA • 01108
Average low and high temperatures (°F)
32
18
35
19
52
32
62
41
70
51
82
61
86
66
82
59
77
56
66
44
52
35
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$361,000 – $437,000
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