370 New Ludlow Rd Chicopee, MA 01020
Fairview NeighborhoodEstimated Value: $340,377 - $437,000
5
Beds
2
Baths
2,264
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- 0.51 Acre Lot
- Shops
- 2 Car Garage
- Property is near public transit
- Outdoor Storage
- Fenced
About This Home
As of May 2023Don’t miss out on this great opportunity to own an investment property that has had the same owner for over 4 decades! A cozy, 2 unit multi-family house that’s also spacious enough to welcome guests. Each apartment has access to their own washer/dryer units and plenty of storage space. Enjoy a large, quiet backyard with just the right amount of shade for your spring & summer enjoyment. Ample off-street parking. Centrally located to a vast variety of shops and restaurants. Easy access to I-90, public transportation and a quick 10 minute commute to Mt. Holyoke College.
Last Agent to Sell the Property
Travis Williams
The Covenant Group Listed on: 04/11/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,575
Year Built
- Built in 1900
Lot Details
- 0.51 Acre Lot
- Fenced
- Level Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,264 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Dirt Floor
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Outdoor Storage
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $625
- Assessor Parcel Number M:0760 P:00013,2513397
Community Details
Building Details
- Insurance Expense $1,100
- Water Sewer Expense $1,000
- Operating Expense $2,100
- Net Operating Income $13,800
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2023
Closed on
May 25, 2023
Sold by
Lempke Earl C and Lempke Barbara J
Bought by
Washington Jessica
Seller's Agent
Travis Williams
The Covenant Group
Buyer's Agent
Authier LaDuke Team
Coldwell Banker Realty - Western MA
List Price
$299,999
Sold Price
$291,500
Premium/Discount to List
-$8,499
-2.83%
Views
147
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,594
Avg. Annual Appreciation
13.54%
Original Mortgage
$372,625
Outstanding Balance
$364,436
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$14,670
Purchase Details
Closed on
Sep 14, 1977
Bought by
Lempke Earl C and Lempke Barbara J
Similar Homes in Chicopee, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Washington Jessica | $291,500 | None Available | |
| Lempke Earl C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Washington Jessica | $372,625 | |
| Previous Owner | Lempke Barbara J | $50,000 | |
| Previous Owner | Lempke Barbara J | $35,000 | |
| Previous Owner | Lempke Earl C | $73,000 | |
| Previous Owner | Lempke Earl C | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $291,500 | -2.8% | $129 / Sq Ft |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- |
| 04/11/2023 04/11/23 | For Sale | $299,999 | -- | $133 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,627 | $305,200 | $117,500 | $187,700 |
| 2024 | $4,382 | $296,900 | $115,200 | $181,700 |
| 2023 | $3,575 | $236,000 | $104,800 | $131,200 |
| 2022 | $3,491 | $205,500 | $91,000 | $114,500 |
| 2021 | $3,309 | $187,900 | $82,800 | $105,100 |
| 2020 | $3,197 | $183,100 | $85,100 | $98,000 |
| 2019 | $3,159 | $175,900 | $85,100 | $90,800 |
| 2018 | $3,060 | $167,100 | $81,000 | $86,100 |
| 2017 | $2,842 | $164,200 | $74,200 | $90,000 |
| 2016 | $2,611 | $154,400 | $74,200 | $80,200 |
| 2015 | $2,724 | $155,300 | $74,200 | $81,100 |
| 2014 | $1,362 | $155,300 | $74,200 | $81,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Travis Williams
The Covenant Group
(413) 335-8314
1 in this area
28 Total Sales
-
Robert DeGray
Seller Co-Listing Agent in 2023
Robert DeGray
The Covenant Group
(413) 977-1394
1 in this area
51 Total Sales
-
Authier LaDuke Team
A
Buyer's Agent in 2023
Authier LaDuke Team
Coldwell Banker Realty - Western MA
(413) 536-0573
14 in this area
134 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73096983
APN: CHIC-000760-000000-000013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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