50 Orange Street

50 Orange Street has been categorized by the local assessors in Springfield, MA as a residential type of property. The building on the property was first built in 1915 and is 109 years old. However, we must point out that the home was most recently renovated and altered in 2014. The home has a total of 16 rooms. 10 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 50 Orange Street has 3,836 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,415 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a steam heating system and being fueled with oil. 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, 50 Orange Street sold most recently in Jan 11, 2023 for a total of $317,000. If you work out the math, that's approximately a cost of $82.64 per sqft. Before that, the property was also sold for $137,000 in Jan 1, 1970. 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 $3,875 in taxes each year. 50 Orange Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,300. If we break it down further, the land itself was valued at $22,200. Improvements to the property, however, were assessed at a total of $205,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.