81 Arey St, Springfield MA 01119

Springfield, MA 01119
$264,900
$234,500
Est. $1,667/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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3
Beds
1
Baths
869
Sq Ft
$270
Price/Sq Ft
0.18
Acres
1917
Year Built
2
Parking
138
Days on Market
For Sale Price Drop -$30,400 Listed May 6, 2026 • MLS# 73513439 Copied! • Updated Aug 8, 2026

Track this home for price, status, and open-house alerts.

About this home

This is an approved short sale! The bank approving the short sale will allow FHA 203k Financing or any other Rehab program. Not much is needed to bring this back to a perfect starter home or for some one downsizing. STOP paying rent!

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

2
Price Changes
11.5%
Price Range

Property Timeline

Price Reduced
Aug 4, 2026
$234,500 $500 (-0.21%)
From $235,000 to $234,500 (-0.2%)
👁️
Showing Instructions Updated
Jul 5, 2026
New showing requirements
Back On Market
Jul 5, 2026
Active
👁️
Showing Instructions Updated
Jul 5, 2026
New showing requirements
Price Reduced
Jul 5, 2026
$235,000 $29,900 (-11.29%)
From $264,900 to $235,000 (-11.3%)
🏠
Listed for Sale
May 6, 2026
$264,900
Original listing
Office: Olde New England Realty

Tax History

Year Taxes Assessment
2025 $3,376 $215,300

Financial Details

Annual Property Tax
$3,376
Tax Year 2025
Assessed Value
$215,300

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1917
Living Area 869 sq ft
Lot Size 0.18 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Electric
Cooling None
Flooring Vinyl, Laminate
Appliances Electric Water Heater, Range, Microwave
Fireplace None
Basement Full
Laundry In Basement
Features Home Office

Exterior

Construction Frame
Architecture Bungalow
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,376
Assessed Value $215,300
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 67 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1917
Bedrooms
3
Full Bathrooms
1
Living Area
869 sq ft
Total Rooms
5

Floor Layout

Interior Features

Flooring: Vinyl, Laminate
Appliances: Electric Water Heater, Range, Microwave
Interior Features: Home Office
Windows: Insulated Windows
Basement: Full
Laundry: In Basement
Security:

Construction & Materials

Style: Bungalow
Year Built: 1917
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Brick/Mortar

Heating, Cooling & Utilities

Heating: Electric
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Gentle Sloping, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
0.4% above state avg
E

Elementary Schools

10 schools
A+
Springfield Preparatory Charter School
1.3 mi | #2 of 16 | Score: 48.5
Improved 94 spots from last year
-9.8 below state avg
485 students Moderate
Rising School Strong Attendance
Grades K-08
Grace Academy
2.1 mi
Grades K-12
C
Springfield International Charter School
2.1 mi | #274 of 346 | Score: 45.1
Improved 42 spots from last year
-13.1 below state avg
1,524 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades K-12
Mill Pond School
2.4 mi
Grades PK-12
Pioneer Valley Christian Academy
2.6 mi
Grades PK-12
D
The Springfield Virtual School
2.6 mi | #326 of 346 | Score: 30.7
Improved 11 spots from last year
-27.5 below state avg
201 students Moderate
College Ready Curriculum
Grades PK-12
Pioneer Valley Montessori School
2.7 mi
Grades PK-06
St. Michael's Academy
3.4 mi
Grades PK-08
Academy Hill School
3.4 mi
Grades PK-08
A
Alfred G. Zanetti Montessori Magnet School
3.7 mi | #3 of 16 | Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
436 students Diverse
Rising School
Grades PK-08
M

Middle Schools

10 schools
C
John J. Duggan Middle School
1.8 mi | #251 of 346 | Score: 47.1
Improved 35 spots from last year
-11.1 below state avg
843 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
F
John F Kennedy Middle School
1.1 mi | #342 of 352 | Score: 25.2
Dropped 5 spots from last year
-33.1 below state avg
365 students Moderate
Grades 06-08
C+
STEM Middle Academy
2.2 mi | #12 of 16 | Score: 24.5
Improved 298 spots from last year
-33.7 below state avg
241 students Diverse
Rising School
Grades 06-08
C-
Van Sickle Prep School
2.8 mi | #15 of 16 | Score: 21.0
Improved 330 spots from last year
-37.2 below state avg
207 students Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
2.8 mi | #10 of 16 | Score: 28.1
Improved 340 spots from last year
-30.1 below state avg
256 students Moderate
Rising School
Grades 06-08
F
Kiley Prep
3.1 mi | #351 of 352 | Score: 21.5
Improved 9 spots from last year
-36.7 below state avg
314 students Diverse
Grades 06-08
C-
Kiley Academy
3.1 mi | #14 of 16 | Score: 22.1
Improved 341 spots from last year
-36.2 below state avg
253 students Diverse
Rising School
Grades 06-08
Springfield Commonwealth Academy
4.0 mi
Grades 06-08
F
Forest Park Middle School
4.4 mi | #341 of 352 | Score: 26.3
Improved 18 spots from last year
-31.9 below state avg
460 students Diverse
Grades 06-08
F
South End Middle School
4.4 mi | #350 of 352 | Score: 23.0
Improved 12 spots from last year
-35.2 below state avg
176 students Moderate
Grades 06-08
H

High Schools

10 schools
C-
Baystate Academy Charter Public School
1.3 mi | #306 of 346 | Score: 37.1
Improved 37 spots from last year
-21.1 below state avg
344 students Diverse
Rising School College Ready Curriculum
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
2.8 mi | #275 of 346 | Score: 45.0
Improved 6 spots from last year
-13.2 below state avg
596 students Diverse
High Graduation Rate College Ready Curriculum
Grades 06-12
C
Emergence Academy
3.7 mi | #21 of 25 | Score: 26.2
Improved 356 spots from last year
-32 below state avg
376 students Diverse
Rising School Diverse Student Body
Grades 06-12
C-
Conservatory of the Arts
3.9 mi | #303 of 346 | Score: 37.6
Improved 2 spots from last year
-20.6 below state avg
292 students Moderate
High Graduation Rate College Ready Curriculum
Grades 06-12
C+
Libertas Academy Charter School
4.3 mi | #238 of 346 | Score: 48.5
Improved 106 spots from last year
-9.8 below state avg
592 students Moderate
7 sports • 134 athletes
Rising School
Grades 06-12
F
Springfield Public Day High School
1.4 mi | #336 of 346 | Score: 22.5
Dropped 85 spots from last year
-35.7 below state avg
58 students Moderate
College Ready Curriculum
Grades 09-12
C
Springfield Central High School
1.6 mi | #261 of 346 | Score: 46.4
Improved 38 spots from last year
-11.8 below state avg
2,015 students Diverse
17 sports • 1,176 athletes
Rising School College Ready Curriculum Strong Athletics
Grades 09-12
A
Roger L. Putnam Vocational Technical Academy
2.1 mi | #6 of 25 | Score: 50.3
Improved 257 spots from last year
-7.9 below state avg
1,377 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.2 mi | #340 of 346 | Score: 20.7
Dropped 40 spots from last year
-37.5 below state avg
52 students Diverse
Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
C-
Springfield High School of Science and Technology
2.2 mi | #311 of 346 | Score: 36.3
Dropped 1 spots from last year
-21.9 below state avg
1,147 students Moderate
13 sports • 870 athletes
Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $281
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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Payment Over Time

Interest
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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

81 Arey St, Springfield MA 01119

Springfield, MA 01119

Listing Information

Listing Agent Edward L. Loiko
Listing Office Olde New England Realty
Office Phone 508-737-9837
Agent MLS ID BB911173
Office MLS ID BB3118
Listing Data Updated Aug 8, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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