48 Richmond Way Chicopee, MA 01022
Fairview NeighborhoodEstimated Value: $300,000 - $335,000
2
Beds
2
Baths
1,200
Sq Ft
$263/Sq Ft
Est. Value
About This Home
This home is located at 48 Richmond Way, Chicopee, MA 01022 and is currently estimated at $315,395, approximately $262 per square foot. 48 Richmond Way is a home located in Hampden County with nearby schools including Bowie Elementary School, Fairview Middle School, and Chicopee Comprehensive High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2025
Sold by
Reed William P and Reed George A
Bought by
Garrow Francis R and Garrow Ellen M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Outstanding Balance
$287,977
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$27,418
Purchase Details
Closed on
Jan 18, 2022
Sold by
Reed George A and Reed Joanne D
Bought by
Reed William P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2011
Sold by
Reed George A and Reed Joanne D
Bought by
Reed William P
Purchase Details
Closed on
Jan 2, 2002
Sold by
Opus Dev Corp
Bought by
Reed George A and Reed Joanne D
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garrow Francis R | $305,000 | None Available | |
| Garrow Francis R | $305,000 | None Available | |
| Reed William P | -- | None Available | |
| Reed George A | -- | None Available | |
| Reed William P | -- | None Available | |
| Reed William P | -- | None Available | |
| Reed George A | -- | None Available | |
| Reed George A | -- | None Available | |
| Reed William P | -- | -- | |
| Reed William P | -- | -- | |
| Reed George A | $133,230 | -- | |
| Reed George A | $133,230 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garrow Francis R | $289,750 | |
| Closed | Garrow Francis R | $289,750 | |
| Previous Owner | Reed George A | $135,000 | |
| Previous Owner | Reed George A | $68,500 | |
| Previous Owner | Reed George A | $67,000 |
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 | $3,995 | $263,500 | $0 | $263,500 |
| 2024 | $3,740 | $253,400 | $0 | $253,400 |
| 2023 | $3,534 | $233,300 | $0 | $233,300 |
| 2022 | $3,364 | $198,000 | $0 | $198,000 |
| 2021 | $3,781 | $214,700 | $0 | $214,700 |
| 2020 | $3,539 | $202,700 | $0 | $202,700 |
| 2019 | $3,497 | $194,700 | $0 | $194,700 |
| 2018 | $3,418 | $186,700 | $0 | $186,700 |
| 2017 | $2,941 | $169,900 | $0 | $169,900 |
| 2016 | $2,910 | $172,100 | $0 | $172,100 |
| 2015 | $3,019 | $172,100 | $0 | $172,100 |
| 2014 | $1,509 | $172,100 | $0 | $172,100 |
Source: Public Records
Map
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