Nestled in the vibrant West Central neighborhood, 4783 W Portland St Springfield MO emerges as an exceptional property that captivates homeowners, investors, and anyone seeking a prime location. This address epitomizes urban convenience and suburban tranquility, offering an unparalleled living experience.
The Allure of 4783 W Portland St Springfield MO
- Central Location: Situated just a stone’s throw from downtown Springfield, 4783 W Portland St provides easy access to the city’s vibrant core. Residents can immerse themselves in cultural attractions, entertainment venues, and a plethora of dining options.
- Proximity to Nature: Despite its central location, 4783 W Portland St is surrounded by verdant parks and green spaces. The nearby Springfield Botanical Gardens and Fellows Lake Trail offer respite from the hustle and bustle of city life.
- Excellent Educational Opportunities: Families with school-age children will appreciate the proximity to reputable schools, including Jefferson Avenue Elementary School and Glendale High School, both renowned for their academic excellence.
- Historical Charm: The property retains elements of its original character, such as hardwood floors and spacious rooms, while incorporating modern amenities to create a unique blend of old-world charm and contemporary comfort.
Property Highlights
- Spacious Floor Plan: The home boasts a generous 1,800 square feet of living space, distributed across two levels. It features four well-appointed bedrooms, two full bathrooms, and a convenient half-bath.
- Open-Concept Living: The main level showcases an inviting open-concept layout that seamlessly connects the living room, dining room, and kitchen. The abundant natural light creates a warm and airy atmosphere.
- Updated Kitchen: The kitchen has been tastefully renovated with granite countertops, stainless steel appliances, and ample storage. It’s an ideal space for cooking and entertaining.
- Private Backyard: The home extends into a fenced backyard that offers privacy and outdoor living opportunities. It includes a patio area, perfect for al fresco dining or simply relaxing amidst nature.
Key Facts
- Address: 4783 W Portland St Springfield MO 65807
- Property Type: Single-family home
- Bedrooms: 4
- Bathrooms: 2.5
- Square Footage: 1,800
- Lot Size: 0.3 acres
- Year Built: 1955
- Estimated Market Value: $250,000
Tables to Inform
| Table 1: Property Specifications |
|—|—|
|Bedrooms |4 |
|Bathrooms |2.5 |
|Square Footage |1,800 |
|Lot Size |0.3 acres |
|Year Built |1955 |
|Estimated Market Value |$250,000 |
| Table 2: Neighborhood Statistics |
|—|—|
|Median Home Value |$165,000 |
|Median Household Income |$40,000 |
|Crime Index |147 |
|School Rating |8 |
| Table 3: Estimated Monthly Mortgage Payments |
|—|—|
|Loan Amount |$200,000 |
|Interest Rate |4% |
|Loan Term |30 years |
|Monthly Payment |$950 |
| Table 4: Comparison to Similar Properties |
|—|—|
|Address |4783 W Portland St |4891 S Campbell |
|Bedrooms |4 |3 |
|Bathrooms |2.5 |2 |
|Square Footage |1,800 |1,600 |
|Lot Size |0.3 acres |0.2 acres |
|Year Built |1955 |1960 |
|Estimated Market Value |$250,000 |$225,000 |
Tips and Tricks
- Negotiation Sweeteners: Consider offering closing cost assistance or a home warranty to increase the likelihood of a successful negotiation.
- Property Inspection: Hire a qualified home inspector to thoroughly examine the property and identify any potential issues.
- Local Amenities: Explore the surrounding area to familiarize yourself with nearby amenities, such as parks, schools, and shopping centers.
- Financing Options: Research different financing options to find the best mortgage rate and terms that suit your financial situation.
Common Mistakes to Avoid
- Overestimating Your Budget: Ensure you have a realistic understanding of your financial limitations before making an offer.
- Ignoring Red Flags: Pay attention to any potential issues identified during the home inspection and consider consulting with an expert.
- Rushing the Process: Avoid making a hasty decision. Take the time to carefully evaluate the property and market conditions.
- Neglecting Research: Conduct thorough research about the neighborhood, property history, and local market trends.
Frequently Asked Questions (FAQs)
Q: Is the property in a flood zone?
A: No, the property is not located in a flood zone.
Q: Can the property be rented out?
A: Yes, the property is zoned for residential use and can be rented out.
Q: Are there any HOA fees associated with the property?
A: No, there are no HOA fees associated with the property.
Q: What are the tax implications of owning the property?
A: Property taxes are estimated to be $2,500 per year.
Q: What utilities are included in the monthly expenses?
A: Monthly expenses include water, sewer, trash removal, and electric.
Q: Are there any major repairs or renovations that need to be done?
A: The property is well-maintained and does not require any major repairs or renovations.
Q: What are the best schools in the neighborhood?
A: The property is zoned for Jefferson Avenue Elementary School and Glendale High School, both of which are highly regarded educational institutions.
Q: What is the estimated cost of insurance for the property?
A: Homeowner’s insurance is estimated to cost $1,200 per year.