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503 River St

Palmer, MA 01069

2 bd 1 ba 720 sqft Built 1971 Lot 5,227 sqft mobile
Most recent sale
$115,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $115,000 MLS #72932887
Jan 11, 2022 Listed $115,000 MLS #72932887
Mar 28, 2006 Listing removed $48,000 MLSPIN
Sep 29, 1994 Listed $41,995 MLS #30008802
Jun 27, 1994 Listed $48,000 MLS #20054068

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $32,100 $50,300 $82,400 $1,506
2024 $29,000 $45,700 $74,700 $1,395
2023 $19,300 $45,700 $65,000 $1,264
2022 $17,000 $40,100 $57,100 $1,222
2021 $14,600 $44,500 $59,100 $1,337
2020 $13,800 $44,500 $58,300 $1,329
2019 $13,800 $44,500 $58,300 $1,291
2018 $13,400 $43,200 $56,600 $1,250
2017 $13,400 $43,200 $56,600 $1,221
2016 $13,000 $41,900 $54,900 $1,168
2015 $13,000 $41,900 $54,900 $1,133
2014 $13,000 $41,900 $54,900 $1,063
2006 $15,700 $36,000 $51,700 $783
2005 $15,700 $36,000 $51,700 $821
2004 $21,000 $32,600 $53,600 $859
2003 $21,000 $25,700 $46,700 $927

Property facts

Year built
1971
Property type
mobile
Stories
Beds
2
Baths
1
Living area
720 sqft
Lot size
5,227 sqft
ZIP code
01069
City
Palmer
Street
River St
Coordinates
42.20249, -72.31778

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 River St last sell?
503 River St most recently sold on May 26, 2022 for $115,000.
What is the current tax assessment for 503 River St?
The most recent total assessment for 503 River St (year 2025) is $82,400 with $1,506 in property tax.
How does 503 River St's assessment compare to its last sale price?
The current assessment is 28.3% below the last sale price of $115,000.
When was 503 River St built?
503 River St was built in 1971.
How does 503 River St compare to others on River St?
We track 8 other properties on River St. Browse the list under "Other properties on River St" to compare beds, baths, and sale history.
What are the property facts for 503 River St?
503 River St is a 2 bed, 1 bath, 720 sqft, 5,227 sqft lot mobile.
Is 503 River St a flip candidate?
No — 503 River St does not appear in our flips dataset.
Is 503 River St a tax-appeal candidate?
No — 503 River St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.9%
Implied 1-yr
-7.8%
2026 Q3
$249K
2026 Q4
$243.5K
ZIP 01069 — Median Price History + Forecast

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