NOT LISTED FOR SALE

531 S Meadow Rd Lancaster, MA 01523

Estimated Value: $439,000 - $520,000

3 Beds
1 Bath
1,256 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $425,000 $338 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,080/month

1 Day on Market

Highlights

  • Medical Services
  • Wooded Lot
  • 2 Fireplaces
  • Luther Burbank Middle School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of October 2024

Incredible opportunity to own in Lancaster! This 1-owner ranch has loads of potential! Set back off a circular drive on over an acre of land, this 3 Br. ranch is ready for its next family to make it their own. The eat-in kitchen has plenty of quality cabinets, dining area and sliders to the spacious back yard. Home features a step-down living room with bay windows, 2 fireplaces, an oversized 2-car garage and huge finished basement to double your living space! Needs updating but is priced accordingly, and a little sweat equity will pay off in a big way! Passed Title V, roof is approx. 10 yrs. old. If you're looking for a diamond in the rough, this is the one! Property is being sold "As Is."

Last Agent to Sell the Property

Tracy Winn

Realty Vision Listed on: 09/23/2024

Last Buyer's Agent

Mary Neeley-Winkler

Realty Vision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1974

Lot Details

  • 1.14 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Blown Fiberglass Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,256 Sq Ft Home
  • 2 Fireplaces
  • Insulated Windows
  • Carpet

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Location

  • Property is near schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 3764025

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,240

Year Built

Built in 1974

Lot Details

1.14 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1974
  • Year Built Details: Actual
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Electric Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • Basement: Full, Finished, Interior Entry, Concrete
  • Living Area: 1256
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: H34700
  • MAIN SO: H34700
  • Insulation: Fiberglass

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Garage Door Opener, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: None
  • Heating: Electric Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Medical Facility, Conservation Area, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3764025
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Level
  • Lot Size Acres: 1.14
  • Lot Size Sq Ft: 49480
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7240

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 23, 2024
Sold by
Allard Lois A Est and Allard
Bought by
Fitzgerald Thomas R and Fitzgerald Jenna C
Seller's Agent
Tracy Winn
Realty Vision
Buyer's Agent
Mary Neeley-Winkler
Realty Vision
List Price
$425,000
Sold Price
$425,000
Views
13
Current Estimated Value
$482,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,599
Avg. Annual Appreciation
9.65%
Original Mortgage
$297,500
Outstanding Balance
$294,283
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,316

Purchase Details

Closed on
Jul 30, 1969
Bought by
Allard Ernest and Allard Lois Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fitzgerald Thomas R $425,000 None Available
Fitzgerald Thomas R $425,000 None Available
Allard Ernest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald Thomas R $297,500
Closed Fitzgerald Thomas R $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $425,000 0.0% $338 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $425,000 -- $338 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,146 $442,200 $120,500 $321,700
2024 $7,241 $414,700 $112,200 $302,500
2023 $6,647 $386,700 $102,000 $284,700
2022 $6,234 $320,500 $104,400 $216,100
2021 $6,084 $304,500 $104,400 $200,100
2020 $6,150 $309,800 $104,500 $205,300
2019 $5,613 $284,200 $104,500 $179,700
2018 $5,179 $259,200 $104,500 $154,700
2016 $4,776 $244,300 $103,500 $140,800
2015 $4,521 $241,000 $103,500 $137,500
2014 $4,478 $236,800 $103,500 $133,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73293812

MLS Property Information Network (MLS PIN)

APN: LANC-000440-000000-000390

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