$289,888

501 Oak St Springfield, MA 01151

$3,442
Closing credit¹
4 beds
2 full
2,054 sqft
0.5 acres
$141 / sqft
House

Property details

About 501 Oak St

Spacious Colonial with many extras! 1st floor has eat-in kitchen w/breakfast bar, pantry & ceramic tile flooring, large living room, dining room w/fireplace (currently used as a sitting room), den & bedroom--all with wood floors! Full bath w/laundry hook-ups and enclosed porch complete 1st floor! 2nd floor has main bedroom w/private full bath, 2 bedrooms w/wood floors and another enclosed porch. There is a full attic that has a finished room (could be BR), smaller room and a partially finished bathroom! The full basement has a brand new Thermoflo boiler ('25), gas HW tank and 100A electric panel. Exterior includes vinyl-siding, replacement windows, 10x12 rear deck, 2 car detached garage with loft sitting on nearly half-acre fenced lot! Prime location minutes from exciting new Springfield Crossing Development (formerly Eastfield Mall), opening Fall 2025 featuring major retailers like Target, BJ's & Hobby Lobby. This $65-85 million project is expected to boost property values!

Highlights

Home typeSingle Family Residence
HeatingSteam, Oil
StatusActive
Size2,054 sqft
BasementYes
Lot size0.45 Acres
Year built1897
ParkingDetached, Off Street, Stone/Gravel
MLS #73358330
Garage2 spaces
FireplaceDining Room

Summary

  • Full Bathrooms: 2
  • Appliances: Electric Water Heater, Water Heater
  • Basement: Yes
  • Flooring Type: Wood, Flooring - Wood
  • Interior: Den
  • Fireplace: Dining Room
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Off Street, Stone/Gravel
  • Exterior: Porch - Enclosed, Deck - Wood
  • Architectural Style: Colonial
  • Heating: Steam, Oil
  • Cooling: None
  • List Price: $289,888
  • Price/SqFt: $141
  • Annual Tax Amount: $3,456
  • Tax Year: 2024
  • Lot: Corner Lot, Level
  • Directions: off Parker Street; on the corner of Nagle Street.
  • Year Built: 1897
  • Living Area: 2,054 SqFt
  • Lot Size: 0.45 Acres
  • MLS Number: 73358330
  • MLS Name: MLS Property Information Network
  • Office Name: Robin R Sheldon R. E.
  • Office Phone: (413) 572-4700
  • Listing Agent: Robin Sheldon

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 9:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a chimney and a front yard

$289,888

501 Oak St

$3,442

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 21, 2019
Home Sold
$118,000

Tax history

YearAssessmentProperty Tax
2024$215,200$3,456
2023$210,500$3,589
2022$198,200$3,730
2021$199,900$3,778
2020$170,500$3,330
2019$158,500$3,119

History based on county public records data.

Nearby schools

4

Warner

Public District PK-5

0.5 mi

493 Parker St

2

Indian Orchard Elementary School

Public District PK-5

0.5 mi

95 Milton St

3

Mary M Lynch

Public District KG-5

1.5 mi

315 N Branch Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,810. Typical income of Springfield, MA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

30%
<35k
53%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
15%
Single, with Kids
24%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • DillardsDillards
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • WingstopWingstop
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • HyundaiHyundai
  • NissanNissan
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Christian Adult ContemporaryChristian Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 Oak St

The listing price of 501 Oak St property is $289,888.

The property 501 Oak St is a house located in Springfield, Massachusetts, 01151.

Active Listing: 501 Oak St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 Oak St are: Warner (GreatSchools Rating 4/10), Indian Orchard Elementary School (GreatSchools Rating 2/10), Mary M Lynch (GreatSchools Rating 3/10), John F Kennedy Middle School (GreatSchools Rating 3/10), Wilbraham Middle School (GreatSchools Rating 6/10), Paul R Baird Middle School (GreatSchools Rating 4/10), Springfield Public Day High School (GreatSchools Rating 1/10), Sabis International Charter School (GreatSchools Rating 4/10), Ludlow Senior High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $3,456 (source: MLS/based on county public records data).

The last sale was on October 21, 2019 for $118,000 (source: MLS/tax record).

The property at 501 Oak St has 4 bedrooms and 2 bathrooms.

The property 501 Oak St is 2,054 SqFt (source: MLS/tax record).

The year of construction for 501 Oak St is 1897.

This home is located at 501 Oak St in Springfield, MA and zip code 01151 in the Indian Orchard neighborhood. This 2,054 square foot home, which was built in 1897, sits on a 0.45 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $289,888.

While more than 55 listings in Springfield, MA in April 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 23 were sold below. Between March and April 2025, Springfield, MA real estate market has seen increase in the number of listings by 7.4%. While the average time on the market in April 2025 was 38 days, the median list price was $303,866.

From Rocket Homes Real Estate and based on county public records data.

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