Seller's Agent in 2025
Daniel Loring
Keller Williams Realty North Central
(978) 877-8001
24 in this area
232 Total Sales
502 Brockelman Rd Lancaster, MA 01523
2
Beds
1
Bath
945
Sq Ft
0.34
Acres
Highlights
- Ranch Style House
- No HOA
- Park
- Luther Burbank Middle School Rated A-
- Home Office
- Forced Air Heating System
About This Home
As of August 2024Introducing 502 Brockelman Rd, a unique real estate opportunity in Lancaster, MA. Located with state forest on three sides, providing a serene and private setting. This fixer-upper offers endless potential for those with a keen eye for renovation projects and is a canvas for investors or flippers to transform into a lucrative investment. This estate sale property boasts a large lot, providing ample space for customization. This expansive property is Ideal for contractors looking for a project, and is conveniently located with proximity to major highways like I-190 and Rt 2. This single-family home awaits the right buyer or investor to breathe new life into its charming bones.The Seller makes no representation of its condition and it's being sold in "as is" condition. Don't miss your chance to at this diamond in the rough.
Last Agent to Sell the Property
Michael Fisher
Palmer Properties & Real Estate, Inc. Listed on: 05/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,392
Year Built
- Built in 1949
Lot Details
- 0.34 Acre Lot
- Level Lot
- Property is zoned R-2
Home Design
- Ranch Style House
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 945 Sq Ft Home
- Home Office
- Washer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- 100 Amp Service
- Private Water Source
- Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 0025.0
- Assessor Parcel Number 3762172
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Aug 20, 2024
Sold by
Berry Charlotte Ann Est and Berry
Bought by
Tr Development Llc
Seller's Agent
Michael Fisher
Palmer Properties & Real Estate, Inc.
Buyer's Agent
Daniel Loring
Keller Williams Realty North Central
List Price
$195,000
Sold Price
$211,000
Premium/Discount to List
$16,000
8.21%
Views
138
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.43%
Original Mortgage
$147,000
Outstanding Balance
$145,995
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,503
Purchase Details
Closed on
Apr 16, 1993
Sold by
Berry Louis J and Berry Charlotte A
Bought by
Berry Charlotte A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $211,000 | None Available | |
| Fiduciary Deed | $211,000 | None Available | |
| Deed | $40,000 | -- | |
| Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $147,000 | Purchase Money Mortgage | |
| Closed | $147,000 | Purchase Money Mortgage | |
| Previous Owner | $10,000 | Credit Line Revolving | |
| Previous Owner | $32,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Rent | $2,900 | 0.0% | -- |
| 07/09/2025 07/09/25 | Price Changed | $419,900 | -6.7% | $444 / Sq Ft |
| 05/31/2025 05/31/25 | Price Changed | $450,000 | -10.0% | $476 / Sq Ft |
| 03/24/2025 03/24/25 | Price Changed | $499,900 | -9.1% | $529 / Sq Ft |
| 02/07/2025 02/07/25 | For Sale | $550,000 | +160.7% | $582 / Sq Ft |
| 08/21/2024 08/21/24 | Sold | $211,000 | +8.2% | $223 / Sq Ft |
| 05/24/2024 05/24/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | For Sale | $195,000 | -- | $206 / 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 | $3,657 | $226,300 | $103,700 | $122,600 |
| 2024 | $3,719 | $213,000 | $96,500 | $116,500 |
| 2023 | $3,392 | $197,300 | $87,700 | $109,600 |
| 2022 | $3,343 | $171,900 | $91,000 | $80,900 |
| 2021 | $3,315 | $165,900 | $91,000 | $74,900 |
| 2020 | $3,087 | $155,500 | $91,100 | $64,400 |
| 2019 | $2,905 | $147,100 | $91,100 | $56,000 |
| 2018 | $2,803 | $140,300 | $91,100 | $49,200 |
| 2016 | $2,633 | $134,700 | $90,300 | $44,400 |
| 2015 | $2,553 | $136,100 | $90,300 | $45,800 |
| 2014 | $2,579 | $136,400 | $90,300 | $46,100 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Loring
-
M
Seller's Agent in 2024
Michael Fisher
Palmer Properties & Real Estate, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73237536
APN: LANC-000230-000000-000250
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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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