Seller's Agent in 2024
Michelle Lopez
Coldwell Banker Realty - Leominster
1 in this area
45 Total Sales
55 Sylvan Rd Lancaster, MA 01523
Estimated Value: $527,067 - $575,000
8
Beds
3.5
Baths
2,392
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- 1 Fireplace
- Living Room
- Luther Burbank Middle School Rated A-
- Porch
- Park
About This Home
As of May 2024Welcome home to 55 Sylvan Road. Looks like a single family home and it was at one time but now it is a highly sought after 3 family nestled in the heart of Lancaster! This home would be great for an owner occupant as the first floor, the largest unit boasts 4 bedrooms with 1.5 baths. This home is currently being used as an investment property and has been a great way to defray the cost of ownership. Private backyard, paved driveway with plenty of parking. Sellers desire to move on is your chance to move in! Don't miss this fantastic opportunity. Bring this diamond in the rough back to life! Seller is very motivated and all units are vacant.
Last Agent to Sell the Property
Coldwell Banker Realty - Leominster Listed on: 12/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,573
Year Built
- Built in 1955
Lot Details
- 0.39 Acre Lot
- Irregular Lot
- Cleared Lot
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,392 Sq Ft Home
- 1 Fireplace
- Living Room
- Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Oil
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $4,800
- Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water)
- Assessor Parcel Number M:037.0 B:0000 L:0073.0,3762990
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
Building Details
- Insurance Expense $3,000
- Water Sewer Expense $1,000
- Operating Expense $9,300
- Net Operating Income $56,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2018
Closed on
Jan 29, 2019
Sold by
Sargent Paige M
Bought by
Goeller Peter H
Seller's Agent
Susan Meola
Susan Meola, Properties
Buyer's Agent
Michelle Lopez
Coldwell Banker Realty - Leominster
List Price
$374,900
Sold Price
$365,450
Premium/Discount to List
-$9,450
-2.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,067
Avg. Annual Appreciation
5.89%
Original Mortgage
$347,177
Outstanding Balance
$304,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$239,517
Purchase Details
Closed on
Jun 12, 2008
Sold by
Liquidation Prop Inc and Sargent
Bought by
Sargent Paige M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,737
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 21, 2007
Sold by
Padilla Hugo W and Prop Asset Mgmt Inc
Bought by
Properties Asset Mgmt
Purchase Details
Closed on
Apr 13, 2006
Sold by
Padilla Hugo W
Bought by
Lopez Arnoldo
Purchase Details
Closed on
Mar 28, 2006
Sold by
Arsenault Paula Jean
Bought by
Padilla Hugo W
Purchase Details
Closed on
Sep 30, 1997
Sold by
Gifford Ralph A and Gifford Deborah E
Bought by
Pentleton Robert A and Pentleton Paula
Purchase Details
Closed on
Oct 10, 1991
Sold by
Gifford Robert and Gifford Maryjo
Bought by
Gifford Ralph A and Gifford Deborah
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goeller Peter H | $365,450 | -- | |
| Sargent Paige M | $243,500 | -- | |
| Sargent Paige M | $243,500 | -- | |
| Liquidation Prop Inc | -- | -- | |
| Properties Asset Mgmt | $327,452 | -- | |
| Properties Asset Mgmt | $327,452 | -- | |
| Lopez Arnoldo | -- | -- | |
| Lopez Arnoldo | -- | -- | |
| Padilla Hugo W | $380,900 | -- | |
| Padilla Hugo W | $380,900 | -- | |
| Pentleton Robert A | $150,000 | -- | |
| Pentleton Robert A | $150,000 | -- | |
| Gifford Ralph A | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goeller Peter H | $347,177 | |
| Previous Owner | Gifford Ralph A | $225,366 | |
| Previous Owner | Sargent Paige M | $239,737 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2024 05/14/24 | Sold | $505,000 | -4.7% | $211 / Sq Ft | |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- | |
| 12/09/2023 12/09/23 | For Sale | $529,999 | +45.0% | $222 / Sq Ft | |
| 02/15/2019 02/15/19 | Sold | $365,450 | -2.5% | $153 / Sq Ft | View Prior Sale |
| 01/04/2019 01/04/19 | Pending | -- | -- | -- | |
| 12/09/2018 12/09/18 | For Sale | $374,900 | -- | $157 / 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 | $7,686 | $475,600 | $105,700 | $369,900 |
| 2024 | $11,272 | $645,600 | $98,400 | $547,200 |
| 2023 | $8,573 | $498,700 | $89,500 | $409,200 |
| 2022 | $7,239 | $372,200 | $92,700 | $279,500 |
| 2021 | $7,019 | $351,300 | $92,700 | $258,600 |
| 2020 | $5,030 | $253,400 | $92,800 | $160,600 |
| 2019 | $5,042 | $255,300 | $92,800 | $162,500 |
| 2018 | $5,045 | $252,500 | $92,800 | $159,700 |
| 2016 | $4,792 | $245,100 | $92,000 | $153,100 |
| 2015 | $4,566 | $243,400 | $92,000 | $151,400 |
| 2014 | $4,773 | $252,400 | $92,000 | $160,400 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Lopez
-
Lilian Davis
Buyer's Agent in 2024
Lilian Davis
Dell Realty Inc.
(508) 361-3141
1 in this area
53 Total Sales
-
Susan Meola
S
Seller's Agent in 2019
Susan Meola
Susan Meola, Properties
(508) 835-6908
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73186332
APN: LANC-000370-000000-000730
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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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