$399,000
SOLD MAR 3, 2025

73 Prospect St Ludlow, MA 01056

6 Beds
2 Baths
2,620 Sq Ft
0.34 Acres

Recently Sold

$152 Per Sq Ft

11% Above List Price

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathtub with Shower
  • East Street Elementary School Rated A-
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of March 2025

Don’t miss this fantastic opportunity to own a two-family home in the heart of Ludlow! This property is ideal for owner-occupants or investors looking to add value. With 3 bedrooms and 1 bath on each floor, this home offers generous living spaces, including sizable bedrooms and kitchens that make it perfect for a variety of living arrangements. The first floor is ready for your creative touch and TLC to bring it back to life. The second-floor unit is in solid condition and can provide immediate rental income or serve as your primary residence. The property boasts a great-sized lot, offering plenty of outdoor space. Conveniently located near local amenities, schools, and highways, this home combines potential and location into one promising package. Schedule your showing today and envision the possibilities! Property will not pass FHA/VA mortgage product.

Last Agent to Sell the Property

Brian McElhone

Benton Real Estate Company Listed on: 01/15/2025

Last Buyer's Agent

Oleg Abramchuk

First NationWide Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,794

Year Built

  • Built in 1922

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,620 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Block Basement Construction

Kitchen

  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed
  • Rain Gutters

Utilities

  • Heating System Uses Steam

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:15A B:11950 P:349,2555655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,794

Year Built

Built in 1922

Lot Details

0.34 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1922
  • Levels: 3
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete, Unfinished
  • Living Area: 2620
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M95288
  • MAIN SO: M95329

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Enclosed, Deck
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:15A B:11950 P:349,2555655
  • Zoning: RES B
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 15000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4794

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 28, 2025
Sold by
Maruca Mark A
Bought by
Gordon Dylan T and Gordon Aviella
Seller's Agent
Brian McElhone
Benton Real Estate Company
Buyer's Agent
Oleg Abramchuk
First NationWide Realty Inc.
List Price
$359,900
Sold Price
$399,000
Premium/Discount to List
$39,100
10.86%
Views
70
Current Estimated Value
$422,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,369
Avg. Annual Appreciation
6.11%
Original Mortgage
$380,950
Outstanding Balance
$378,420
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$43,949

Purchase Details

Closed on
Apr 5, 2024
Sold by
Barbara L Sorcinelli Ret and Maruca
Bought by
Maruca Mark A

Purchase Details

Closed on
Jan 17, 2023
Sold by
Sorcinelli Barbara L
Bought by
Barbara L Sorcinelli Ret and Sorcinelli

Purchase Details

Closed on
Feb 14, 2005
Sold by
Breault Norman
Bought by
Sorcinelli Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Allard Diana
Bought by
Sorcinelli Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed $401,000 None Available
Quit Claim Deed $401,000 None Available
Fiduciary Deed -- None Available
Fiduciary Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $90,525 --
Deed $90,525 --
Deed $60,000 --
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,950 Purchase Money Mortgage
Closed $380,950 Purchase Money Mortgage
Previous Owner $110,000 Purchase Money Mortgage
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $399,000 +10.9% $152 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $359,900 -- $137 / 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 $4,822 $277,900 $77,600 $200,300
2024 $4,794 $265,000 $77,400 $187,600
2023 $4,528 $232,100 $68,000 $164,100
2022 $4,472 $223,700 $68,000 $155,700
2021 $4,638 $220,000 $68,000 $152,000
2020 $4,439 $215,300 $66,900 $148,400
2019 $4,204 $212,100 $66,300 $145,800
2018 $3,933 $206,900 $66,300 $140,600
2017 $3,795 $204,800 $64,300 $140,500
2016 $3,597 $198,400 $63,000 $135,400
2015 $3,373 $195,100 $62,400 $132,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73326378

MLS Property Information Network (MLS PIN)

APN: LUDL-151195-000000-A000349

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