NOT LISTED FOR SALE

43 Cypress St Unit 45 Ludlow, MA 01056

Estimated Value: $336,994 - $405,000

4 Beds
2 Baths
1,856 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $355,000 $191 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,466/month

5 Days on Market

Highlights

  • Property is near public transit
  • Enclosed patio or porch
  • Park
  • East Street Elementary School Rated A-
  • Storm Windows
  • Laundry Room

About This Home

As of December 2023

SEIZE THIS OPPORTUNITY NOW to own this Side by side Multi-unit home with a large fenced in yard located on a Dead End Street in the heart of Ludlow! Enclosed mud rooms welcome you into each unit as well as an exit from the laundry area that leads out to fenced backyard. Both units have spacious eat in kitchens with oak cabinets. Living rooms are equally sized with plenty of living space. Full bath with tub/shower is just off the kitchen. Upstairs you will find 2 bedrooms (hardwood floors) with ample closet space to fit your needs. The right side unit (#45) will be vacant by 11/15. Basements are separated, water/sewer costs are paid by the landlord. Windows, siding, roof are approx 15yrs old. Left side unit (#43) has just been deleaded in September.

Last Listed By

Sara Gasparrini

RE/MAX Connections Listed on: 10/11/2023

RE/MAX Connections

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1914

Lot Details

  • 7,946 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,856 Sq Ft Home
  • Insulated Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $900
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:15A B:4600 P:427,2551560

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Recreation

  • Park

Additional Features

  • Shops
  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,935

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1914
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen,Mudroom)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 1856
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: K01527
  • LIST PRICE PER Sq Ft: 177.8
  • PRICE PER Sq Ft: 191.27
  • MAIN SO: AN6925

Exterior Features

  • Exterior Features: Porch - Enclosed,Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:15A B:4600 P:427,2551560
  • Zoning: RES B
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7946
  • Lot Size Units: Acres
  • PAGE: 290
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3935
  • Tax Book Number: 13863

Multi Family

  • Gross Income: 10800
  • Net Operating Income: 10800
  • Number Of Units Total: 2
  • Total Actual Rent: 900
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 8, 2023
Sold by
Teixeira Louis D and Teixeira Joanne A
Bought by
Thomas Dennis
Seller's Agent
Sara Gasparrini
RE/MAX Connections
Buyer's Agent
Christian Lowe
Lowe & Lowe Realty Co.
List Price
$330,000
Sold Price
$355,000
Premium/Discount to List
$25,000
7.58%
Total Days on Market
5
Views
13
Current Estimated Value
$366,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,499
Avg. Annual Appreciation
2.32%
Original Mortgage
$325,091
Outstanding Balance
$321,267
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$45,232

Purchase Details

Closed on
Dec 26, 2003
Sold by
Giroux Marie E
Bought by
Teixeira Joanne A and Teixeira Louis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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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
Thomas Dennis $355,000 None Available
Thomas Dennis $355,000 None Available
Teixeira Joanne A $120,000 --
Teixeira Joanne A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Dennis $325,091
Closed Thomas Dennis $325,091
Previous Owner Teixeira Louis D $125,000
Previous Owner Teixeira Louis D $107,000
Previous Owner Teixeira Joanne A $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $355,000 +7.6% $191 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $330,000 -- $178 / 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 $5,096 $293,700 $72,600 $221,100
2024 $3,992 $220,700 $72,600 $148,100
2023 $3,935 $201,700 $63,700 $138,000
2022 $3,878 $194,000 $63,700 $130,300
2021 $3,740 $177,400 $63,700 $113,700
2020 $3,582 $173,700 $62,700 $111,000
2019 $3,365 $169,800 $62,100 $107,700
2018 $3,224 $169,600 $62,100 $107,500
2017 $3,111 $167,900 $60,300 $107,600
2016 $2,950 $162,700 $59,100 $103,600
2015 $2,766 $160,000 $58,400 $101,600
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73169272

MLS Property Information Network (MLS PIN)

APN: LUDL-150460-000000-A000427