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503 State St; Springfield, MA Property Details

503 State St, Springfield, MA is a Office Bldg (General) that was built in 1940. This property is currently Financed and is not for sale. Our records show that 503 State St has a total of 20,985 square feet. The lot size of 503 State St is 48,308 square feet.

Off market
503 State St Springfield, MA 01109
$458,400 Estimated Value
20,985 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1940
  • Purchase Price: $965,000
  • Open Loans / Balance: 1 / $262,055
  • APN: SPRI S:11110 P:0556
  • Situs County: Hampden
  • Length Of Ownership: 25 years, 6 months

Structure

  • Stories: 2
  • Exterior Wall Type: Wood Siding

Measurements

  • Total: 20,985/SqFt
  • Lot: 48,308/SqFt
  • Gross: 20,985/SqFt
  • Building: 20,985/SqFt
  • Price Per Square Foot: $45.99
Building Insights

Land Information

  • Property Type: Office Bldg (General)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District
  • Lat / Lon: 42.107994 / -72.57563
  • Property Class: Office
  • Zoning: B1
  • County Use Code: 340

Amenities

  • Plus Four: 4101
  • Heating: Steam

Ownership Info

503 State St has no associated ownership info
503 State St has no associated ownership info.

Taxes

503 State St has 7 associated Taxes items

503 State St, Springfield, MA pays taxes in Hampden County, MA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $458,400. The APN we've located for 503 State St is SPRI S:11110 P:0556.

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Taxes
  • Assessed Value:  $458,400
  • Assessed Year:  2025
  • Assessed County:  Hampden
  • APN:  SPRI S:11110 P:0556
  • Assessed Land Value:  333600
  • Tax Amount:  16145
  • Tax Year:  2025

Tax History

503 State St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $458,400 Land Value $333,600 Improvement Value $124,800 Tax Amount $16,145 Change Rate -0.086821% Assessed CR Tax Rate +0.03522%
Year 2024 Assessed Value $499,300 Land Value $333,600 Improvement Value $165,700 Tax Amount $17,680 Change Rate -0.045769% Assessed CR Tax Rate +0.03541%
Year 2023 Assessed Value $509,000 Land Value $298,000 Improvement Value $211,000 Tax Amount $18,528 Change Rate +0.116683% Assessed CR Tax Rate +0.036401%
Year 2022 Assessed Value $425,000 Land Value $284,200 Improvement Value $140,800 Tax Amount $16,592 Change Rate -0.029481% Assessed CR Tax Rate +0.03904%
Year 2021 Assessed Value $435,800 Land Value $284,200 Improvement Value $151,600 Tax Amount $17,096 Change Rate -0.139361% Assessed CR Tax Rate +0.039229%
Year 2020 Assessed Value $435,800 Land Value $284,200 Improvement Value $151,600 Tax Amount $19,864.32 Change Rate +0.041976% Assessed CR Tax Rate +0.045581%
Year 2019 Assessed Value $479,400 Land Value $270,500 Improvement Value $208,900 Tax Amount $19,064.08 Change Rate +0.104268% Assessed CR Tax Rate +0.039767%
Year 2018 Assessed Value $439,500 Land Value $270,500 Improvement Value $169,000 Tax Amount $17,264 Change Rate -0.04275% Assessed CR Tax Rate +0.039281%
Year 2017 Assessed Value $461,600 Land Value $270,500 Improvement Value $191,100 Tax Amount $18,035 Change Rate +0.024192% Assessed CR Tax Rate +0.039071%
Year 2016 Assessed Value $456,200 Land Value $270,500 Improvement Value $185,700 Tax Amount $17,609 Change Rate -0.27666% Assessed CR Tax Rate +0.038599%
Year 2015 Assessed Value $627,900 Land Value $270,500 Improvement Value $357,400 Tax Amount $24,344 Change Rate Assessed CR Tax Rate +0.038771%