NOT LISTED FOR SALE

178 Prospect St Ludlow, MA 01056

Estimated Value: $310,377 - $375,000

2 Beds
2 Baths
1,710 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $290,000 $170 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,322/month

19 Days on Market

About This Home

As of February 2022

Perfect for either an owner occupant or investor, this is an extremely clean, well maintained, updated, 2 family property located in a very desired part of town. With a very large side yard for enjoyment and leisure and a 1 car detached garage for added income generation, this up and down multi family has FHA heat and CAIR in both units and the units both sport updated kitchens, beautiful wood floors, cosmetic updating, and neutral paint. The furnaces, hot water heaters, CAIR compressors, siding, replacement windows, and roof are in excellent condition and should have a lot of lifespan left in them. The pride of ownership and years of care/maintenance in the property is recognizable the minute you pull up. This property is a gem!

Last Agent to Sell the Property

Ben Benton

Benton Real Estate Company Listed on: 12/14/2021

Last Buyer's Agent

Carrie Russin

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,662

Year Built

  • 1920

Lot Details

  • 10,019

Parking

  • 1

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,662

Year Built

1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: GPS
  • Garage Yn: Yes
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Has Basement: Full
  • Total Bathrooms: 2
  • MAIN LO: M95288
  • LIST PRICE PER Sq Ft: 175.38
  • PRICE PER Sq Ft: 169.59
  • MAIN SO: AN2314
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Other (See Remarks)
  • Stories: 3

Exterior Features

  • Foundation Details: Block
  • Disclosures: Buyer And Buyer's Agent To Verify Information Within This Listing For Accuracy.
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 10000
  • PAGE: 277
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10018.8
  • Zoning: RES A

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 10200
  • Property Net Operating Income: 10200
  • Number Of Units Total: 2
  • Total Actual Rent: 850

Tax Info

  • Tax Annual Amount: 3917
  • Tax Book Number: 9479
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 15, 2022
Sold by
Pederneira Jose L
Bought by
Aponte-Cruz Adrian
Seller's Agent
Ben Benton
Benton Real Estate Company
Buyer's Agent
Carrie Russin
Lamacchia Realty, Inc.
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Total Days on Market
19
Current Estimated Value
$346,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,094
Avg. Annual Appreciation
5.45%
Original Mortgage
$284,747
Outstanding Balance
$266,937
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$79,157

Purchase Details

Closed on
Jan 27, 2012
Sold by
Jyz James T
Bought by
Jyz Ft
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aponte-Cruz Adrian $290,000 None Available
Jyz Ft -- --
Jyz Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aponte-Cruz Adrian $284,747
Closed Aponte-Cruz Adrian $284,747
Previous Owner Pederneira Jose L $150,000
Previous Owner Jyz James T $15,000
Previous Owner Jyz James T $43,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $290,000 -3.3% $170 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $299,900 -- $175 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,662 $268,700 $74,000 $194,700
2024 $4,477 $247,500 $74,000 $173,500
2023 $3,808 $195,200 $64,900 $130,300
2022 $3,770 $188,600 $64,900 $123,700
2021 $1,876 $185,800 $64,900 $120,900
2020 $3,753 $182,000 $64,000 $118,000
2019 $3,520 $177,600 $63,300 $114,300
2018 $3,298 $173,500 $63,300 $110,200
2017 $3,180 $171,600 $61,500 $110,100
2016 $3,017 $166,400 $60,200 $106,200
2015 $2,830 $163,700 $59,600 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72927679

MLS Property Information Network (MLS PIN)

APN: LUDL-151195-000000-A000068