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15 Maxwell Place

15 Maxwell Place, Springfield, MA 01118
Property in East Forest Park
Sold Jul 08, 2022
$310,000
$248,000 by Finance America Llc
Mortgage Due Jul 08, 2052
Local assessors in Springfield, MA have categorized 15 Maxwell Place as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 7,270 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15 Maxwell Place has a total of 1,551 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15 Maxwell Place sold most recently in Jul 8, 2022 for a total of $310,000. If you work out the math, that's approximately a cost of $199.87 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,530 in taxes each year. 15 Maxwell Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $265,700. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $225,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,270
  • Total Building Area: 1,551
  • Gross Building Area: 1,551
  • Building Area: 1,551
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,551
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BURNS ELEANOR R
  • Previous Owner : MAIOLO GAY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 83950005
  • Parcel: SPRI S:08395 P:0005
  • Municipality: SPRINGFIELD
  • Latitude: 42.0958
  • Longitude: -72.5332

    Address

  • Full Address: 15 Maxwell Pl
  • Address - House Number: 15
  • Address - Street Name: Maxwell
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1522
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,530

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 320,823
  • High Value: 380,115
  • Low Value: 261,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: FINANCE AMERICA LLC
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Loan Amount: $248,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 08, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,700
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $225,700

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11892078770
  • Current Sale Price: $310,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 41410

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE AMERICA LLC
  • First Mortgage Transaction Date: Jul 08, 2022
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About East Forest Park



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Nearby Rentals

Unit for rent at 252 Arcadia, Springfield, MA, 01118

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,036 ft²
252 Arcadia, Springfield, MA, 01118 Listing by Sean Kavanagh

Frequently Asked Questions

What neighborhood is 15 Maxwell Place located in?
The 15 Maxwell Place is a located in the neighborhood of East Forest Park in East Forest Park, Springfield.
What is the average sales price for listings in 15 Maxwell Place?
The average sales price for units in 15 Maxwell Place is $0 currently.

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