56 Old Lane Rd Springfield, MA 01129
Sixteen Acres NeighborhoodEstimated Value: $279,000 - $295,000
2
Beds
1
Bath
852
Sq Ft
$335/Sq Ft
Est. Value
About This Home
This home is located at 56 Old Lane Rd, Springfield, MA 01129 and is currently estimated at $285,606, approximately $335 per square foot. 56 Old Lane Rd is a home located in Hampden County with nearby schools including Mary M. Walsh Elementary School, M Marcus Kiley Middle, and Springfield High School of Science and Technology.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2006
Sold by
Labelle Leo V and Labelle Mary L
Bought by
Reams Gerald A
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
$142,404
Outstanding Balance
$85,257
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,349
Purchase Details
Closed on
Mar 22, 1988
Sold by
Pippa Thomas W
Bought by
Labelle Leo
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reams Gerald A | $144,640 | -- | |
| Labelle Leo | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reams Gerald A | $142,404 |
Source: Public Records
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 | $3,970 | $253,200 | $59,200 | $194,000 |
| 2024 | $3,630 | $226,000 | $59,200 | $166,800 |
| 2023 | $3,739 | $219,300 | $56,300 | $163,000 |
| 2022 | $3,452 | $183,400 | $56,300 | $127,100 |
| 2021 | $3,283 | $173,700 | $51,200 | $122,500 |
| 2020 | $3,379 | $173,000 | $51,200 | $121,800 |
| 2019 | $3,104 | $157,700 | $51,200 | $106,500 |
| 2018 | $3,163 | $160,700 | $51,200 | $109,500 |
| 2017 | $3,089 | $157,100 | $46,200 | $110,900 |
| 2016 | $3,177 | $161,600 | $46,200 | $115,400 |
| 2015 | $2,933 | $149,100 | $46,200 | $102,900 |
Source: Public Records
Map
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