NOT LISTED FOR SALE

49 Lancashire Rd Unit 51 Springfield, MA 01104

Liberty Heights Neighborhood

Estimated Value: $263,471 - $365,000

4 Beds
2 Baths
1,600 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $111,460 $70 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,930/month

182 Days on Market

About This Home

As of July 2014

HUD properties are sold "As Is". A Property Condition Report, Lead Based Paint information, and bid deadlines are available.Government & nonprofits only until 12/17/13. Equal Housing Opportunity.

Last Agent to Sell the Property

Alan Ward

Great Homes Real Estate, Inc. Listed on: 12/09/2013

Last Buyer's Agent

Arthur Richton

Teamwork Realty Group, LLC

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 3.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1965

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Basement: Full

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Paved Driveway
  • Parking Spaces: 2

Lot Info

  • Assessor Parcel Number: S:07480 P:0087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2013
Closed on
Jul 9, 2014
Sold by
Department Of Housing & Urban Dev
Bought by
Passalacqua Jose
Seller's Agent
Alan Ward
Great Homes Real Estate, Inc.
Buyer's Agent
Arthur Richton
Teamwork Realty Group, LLC
List Price
$118,000
Sold Price
$111,460
Premium/Discount to List
-$6,540
-5.54%
Current Estimated Value
$305,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,408
Avg. Annual Appreciation
9.23%
Original Mortgage
$117,832
Outstanding Balance
$91,275
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$214,593

Purchase Details

Closed on
Nov 15, 2013
Sold by
Gmac Mortgage Llc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Mar 21, 2012
Sold by
Elkareh Edgar R
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 28, 2009
Sold by
49-51 Lancashire Road and Aubrey Gerard N
Bought by
Elkareh Edgar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,790
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2009
Sold by
Bank Of America Na
Bought by
49-51 Lancashire Rd T and Aubrey Gerard N

Purchase Details

Closed on
May 8, 2008
Sold by
Rivas Eladio
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 22, 2006
Sold by
Lezcano Louis
Bought by
Rivas Eladio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,400
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Mercado Henry and Rosado Lourdes
Bought by
Lezcano Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1994
Sold by
Bianowicz Henry W
Bought by
Mercado Henry and Rosado Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,575
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1989
Sold by
Galanis Chris
Bought by
Bianowicz Henry W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Passalacqua Jose $111,460 --
Department Of Housing & Urban Dev -- --
Gmac Mortgage Llc $138,186 --
Elkareh Edgar R $122,000 --
49-51 Lancashire Rd T $58,000 --
Bank Of America Na $103,920 --
Rivas Eladio $181,400 --
Lezcano Louis $87,000 --
Mercado Henry $78,500 --
Bianowicz Henry W $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passalacqua Jose $117,832
Previous Owner Elkareh Edgar R $119,790
Previous Owner Rivas Eladio $181,400
Previous Owner Bianowicz Henry W $82,600
Previous Owner Bianowicz Henry W $7,625
Previous Owner Bianowicz Henry W $74,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2014 07/09/14 Sold $111,460 -5.5% $70 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $118,000 -- $74 / 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 $3,856 $245,900 $31,500 $214,400
2024 $3,760 $234,100 $31,500 $202,600
2023 $3,599 $211,100 $28,700 $182,400
2022 $3,056 $162,400 $26,800 $135,600
2021 $2,952 $156,200 $24,400 $131,800
2020 $2,982 $152,700 $24,400 $128,300
2019 $2,767 $140,600 $24,400 $116,200
2018 $2,631 $133,700 $24,400 $109,300
2017 $2,564 $130,400 $25,900 $104,500
2016 $2,200 $111,900 $25,900 $86,000
2015 $2,187 $111,200 $25,900 $85,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Alan Ward

    Great Homes Real Estate, Inc.

    (413) 596-8763

    1 in this area

    35 Total Sales

    Alan Ward
    Section Image
  • Arthur Richton

    Buyer's Agent in 2014

    Arthur Richton

    Teamwork Realty Group, LLC

    (413) 386-5839

    3 in this area

    256 Total Sales

    Arthur Richton
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71615149

MLS Property Information Network (MLS PIN)

APN: SPRI-007480-000000-000087

Massachusetts Hampden County Springfield 01104 Liberty Heights

49 Lancashire Rd Unit 51, Springfield, MA

Not Listed for Sale

MultiFamily

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