NOT LISTED FOR SALE

40 Edison Dr Ludlow, MA 01056

Estimated Value: $291,000 - $321,000

3 Beds
1 Bath
960 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $230,000 $240 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,971/month

11 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit
  • East Street Elementary School Rated A-
  • Fruit Trees
  • Ranch Style House

About This Home

As of August 2021

Great location in town in a well established neighborhood! This large RANCH has 5 RMS, 3 BR's, 1 BATH & more! You will enjoy the nice Breezeway/Enclosed Porch (unheated),and the 1-CAR attached GARAGE. There's room to grow in the Rec Room, which is part-finished with wall-to-wall carpeting, Bar, and storage throughout, with a Walkout to the large fenced backyard(which is on a Corner Lot)!! Property has good bones with hardwood floors throughout except KIT & BATH(tile), Replacement Windows & Newer Roof(few yrs old(apo)! Property needs work; namely both KIT & BATH need remodeling, etc. Same Owner for 60 yrs; but now SELLER is looking for a New Owner(s), who is "handy," and can make it their own. Don't miss out; for this property has great potential! Needs some cosmetics upfront, but KIT & BATH can be remodeled as you go along! Close to neighborhood Park, MA Pike, and most amenities! Come see for yourself!

Last Agent to Sell the Property

Irene Leandro

Landmark, REALTORS® Listed on: 05/24/2021

Last Buyer's Agent

Fallah Razzak

Lock and Key Realty Inc.

Lock and Key Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Fruit Trees
  • Property is zoned RES "A"

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vertical Siding
  • Block Exterior

Interior Spaces

  • 960 Sq Ft Home
  • Insulated Windows
  • Bay Window
  • Picture Window
  • Window Screens
  • Insulated Doors
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Enclosed Patio or Porch
  • Breezeway
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • East/Veteran's Elementary School
  • Paul Baird Middle School
  • LHS High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Electric Baseboard Heater
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 5100
  • Assessor Parcel Number 2551950

Community Details

Overview

  • Electric Park Subdivision

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,270

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1961
  • Buyer Agency: 2,5%
  • Buyer Agency Type: %
  • Subdivision Name: ELECTRIC PARK
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Concrete, Hardwood
  • Interior Amenities: Internet Available - Satellite
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Washer,Dryer, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Window(s) - Picture
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Window(s) - Picture
  • Room Bedroom3 Level: Main
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Window(s) - Picture
  • Room Master Bedroom Level: Main
  • Master Bathroom Features: No
  • Room Family Room Level: Main
  • Room Family Room Features: Breezeway
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Exterior Access
  • Laundry Features: Flooring - Wall to Wall Carpet, Walk-in Storage, In Basement, Washer Hookup
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
  • Accessibility Features: No
  • Living Area: 960
  • Window Features: Insulated Windows, Screens
  • MAIN LO: M39600
  • LIST PRICE PER Sq Ft: 229.06
  • PRICE PER Sq Ft: 239.58
  • MAIN SO: M39600

Exterior Features

  • Exterior Features: Rain Gutters, Fruit Trees
  • Construction Materials: Frame, Block, Vertical Siding
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Electric Baseboard, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: UNK
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 2551950
  • Zoning: RES "A"
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Gentle Sloping
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.8
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 10069
  • PAGE: 55

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3270.33
  • Tax Block: 5100
  • Tax Book Number: 2816
  • Tax Lot: 0
  • Tax Map Number: 27

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Lhs
  • Elementary School: East/Veteran's
  • Middle Or Junior School: Paul Baird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 25, 2021
Sold by
Goncalves Anne M Est
Bought by
Zghaier Hikmat and Aljanabi Afia
Seller's Agent
Irene Leandro
Landmark, REALTORS®
Buyer's Agent
Fallah Razzak
Lock and Key Realty Inc.
List Price
$219,900
Sold Price
$230,000
Premium/Discount to List
$10,100
4.59%
Current Estimated Value
$308,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,128
Avg. Annual Appreciation
5.62%
Original Mortgage
$218,960
Outstanding Balance
$201,396
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$86,440
Source: Public Records

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
Zghaier Hikmat $230,000 None Available
Zghaier Hikmat $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zghaier Hikmat $218,960
Closed Zghaier Hikmat $218,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $230,000 +4.6% $240 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $219,900 -- $229 / 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 $4,124 $237,700 $85,100 $152,600
2024 $4,005 $221,400 $85,100 $136,300
2023 $3,820 $195,800 $78,000 $117,800
2022 $3,318 $166,000 $71,500 $94,500
2021 $1,635 $160,200 $71,500 $88,700
2020 $3,270 $158,600 $70,400 $88,200
2019 $3,062 $154,500 $69,700 $84,800
2018 $2,901 $152,600 $69,700 $82,900
2017 $2,711 $146,300 $61,500 $84,800
2016 $2,574 $142,000 $60,300 $81,700
2015 $2,438 $141,000 $59,600 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72833668

MLS Property Information Network (MLS PIN)

APN: LUDL-270510-000000-000090