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48 Palmer Ave

Springfield, MA 01108

6 bd 2 ba 3,047 sqft Built 1910 Lot 5,837 sqft multi_family
Most recent sale
$220,000
Jul 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 14, 2022 Listing removed $280,000 MLSPIN
Aug 8, 2022 Price changed $280,000 MLS #73011581
Jul 13, 2022 Listed $299,900 MLS #73011581
Jul 10, 2021 Sold $220,000 MLS #72799926
Apr 7, 2021 Price changed $225,000 MLS #72799926
Mar 17, 2021 Listed $249,900 MLS #72799926
Oct 21, 2014 Listing removed $75,500 MLSPIN
Jul 30, 2014 Price changed $75,500 MLS #71696294
Jul 28, 2014 Price changed $77,000 MLS #71696294
Jul 22, 2014 Price changed $84,700 MLS #71696294
Jul 2, 2014 Price changed $89,900 MLS #71696294
Jun 10, 2014 Listed $99,900 MLS #71696294
Nov 2, 2012 Listing removed $65,000 MLSPIN
Aug 21, 2012 Price changed $65,000 MLS #71405932
Jul 6, 2012 Listed $69,900 MLS #71405932
Jun 29, 2012 Listing removed $59,900 MLSPIN
Jun 4, 2012 Price changed $59,900 MLS #71381447
May 11, 2012 Listed $89,900 MLS #71381447

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $241,300 $25,300 $266,600 $4,180
2024 $209,700 $23,600 $233,300 $3,747
2023 $193,200 $22,500 $215,700 $3,678
2022 $141,900 $20,500 $162,400 $3,056
2021 $138,800 $18,600 $157,400 $2,975
2020 $126,900 $18,600 $145,500 $2,842
2019 $110,600 $18,600 $129,200 $2,543
2018 $98,600 $18,600 $117,200 $2,306
2017 $99,800 $16,400 $116,200 $2,284
2016 $91,100 $16,400 $107,500 $2,113
2015 $87,900 $16,400 $104,300 $2,052
2014 $88,000 $17,500 $105,500 $2,079
2006 $107,800 $1,833
2005 $84,400 $1,478
2004 $77,000 $1,462
2003 $78,900 $1,531

Property facts

Year built
1910
Property type
multi_family
Stories
3
Beds
6
Baths
2
Living area
3,047 sqft
Lot size
5,837 sqft
ZIP code
01108
City
Springfield
Street
Palmer Ave
Coordinates
42.09231, -72.57766

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48 Palmer Ave last sell?
48 Palmer Ave most recently sold on Jul 10, 2021 for $220,000.
What is the current tax assessment for 48 Palmer Ave?
The most recent total assessment for 48 Palmer Ave (year 2025) is $266,600 with $4,180 in property tax.
How does 48 Palmer Ave's assessment compare to its last sale price?
The current assessment is 21.2% above the last sale price of $220,000.
When was 48 Palmer Ave built?
48 Palmer Ave was built in 1910.
How does 48 Palmer Ave compare to others on Palmer Ave?
We track 8 other properties on Palmer Ave. Browse the list under "Other properties on Palmer Ave" to compare beds, baths, and sale history.
What are the property facts for 48 Palmer Ave?
48 Palmer Ave is a 6 bed, 2 bath, 3,047 sqft, 5,837 sqft lot multi_family.
Is 48 Palmer Ave a flip candidate?
No — 48 Palmer Ave does not appear in our flips dataset.
Is 48 Palmer Ave a tax-appeal candidate?
No — 48 Palmer Ave 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
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$408.3K
2026 Q4
$412.7K
ZIP 01108 — Median Price History + Forecast

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