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45 Wallace St

Springfield, MA 01119

2 bd 1 ba 960 sqft Built 1953 Lot 5,502 sqft single_family
Most recent sale
$205,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 27, 2025 Sold $225,000 MLSPIN
Feb 3, 2025 Price changed $225,000 MLSPIN
Jan 11, 2025 Price changed $230,000 MLSPIN
Dec 31, 2024 Price changed $235,000 MLSPIN
Dec 23, 2024 Price changed $240,000 MLSPIN
Dec 6, 2024 Price changed $245,000 MLSPIN
Nov 22, 2024 Price changed $250,000 MLSPIN
Oct 24, 2024 Price changed $260,000 MLSPIN
Sep 26, 2024 Price changed $295,000 MLSPIN
Aug 31, 2024 Price changed $300,000 MLSPIN
Aug 12, 2024 Listed $305,000 MLSPIN
Jun 16, 2022 Sold $205,000 MLS #72955109
Jun 2, 2022 Relisted $185,000 MLS #72955109
May 11, 2022 Listing removed $185,000 MLSPIN
May 6, 2022 Relisted $185,000 MLS #72955109
Mar 26, 2022 Listed $185,000 MLS #72955109
May 20, 1987 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $119,900 $43,700 $163,600 $2,565
2024 $116,500 $40,900 $157,400 $2,528
2023 $106,000 $38,900 $144,900 $2,471
2022 $77,700 $38,900 $116,600 $2,194
2021 $79,500 $35,400 $114,900 $2,172
2020 $74,000 $35,400 $109,400 $2,137
2019 $55,300 $35,400 $90,700 $1,785
2018 $57,000 $35,400 $92,400 $1,818
2017 $56,300 $35,400 $91,700 $1,803
2016 $55,000 $35,400 $90,400 $1,777
2015 $55,400 $35,400 $90,800 $1,786
2014 $71,900 $23,600 $95,500 $1,882
2006 $80,100 $1,362
2005 $73,700 $1,290
2004 $68,000 $1,291
2003 $59,000 $1,145

Property facts

Year built
1953
Property type
single_family
Stories
Beds
2
Baths
1
Living area
960 sqft
Lot size
5,502 sqft
ZIP code
01119
City
Springfield
Street
Wallace St
Coordinates
42.13639, -72.51438

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
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 45 Wallace St last sell?
45 Wallace St most recently sold on Jun 16, 2022 for $205,000.
What is the current tax assessment for 45 Wallace St?
The most recent total assessment for 45 Wallace St (year 2025) is $163,600 with $2,565 in property tax.
How does 45 Wallace St's assessment compare to its last sale price?
The current assessment is 20.2% below the last sale price of $205,000.
When was 45 Wallace St built?
45 Wallace St was built in 1953.
How does 45 Wallace St compare to others on Wallace St?
We track 8 other properties on Wallace St. Browse the list under "Other properties on Wallace St" to compare beds, baths, and sale history.
What are the property facts for 45 Wallace St?
45 Wallace St is a 2 bed, 1 bath, 960 sqft, 5,502 sqft lot single_family.
Is 45 Wallace St a flip candidate?
No — 45 Wallace St does not appear in our flips dataset.
Is 45 Wallace St a tax-appeal candidate?
No — 45 Wallace 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
+8.8%
Implied 1-yr
+35.0%
2026 Q3
$380.9K
2026 Q4
$402.2K
ZIP 01119 — Median Price History + Forecast

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