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49 Terrace Ln; Springfield, MA Property Details

49 Terrace Ln, Springfield, MA is a Single Family that was built in 1961. This property is currently a cash purchase and is not for sale. Our records show that 49 Terrace Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 1,408 square feet. The lot size of 49 Terrace Ln is 11,552 square feet.

Off market
49 Terrace Ln Springfield, MA 01118
$356,700 Estimated Value
3 Beds
1.5 Baths
1,408 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1961
  • Purchase Price: $135,000
  • Est. Equity / %: $363,000 / 100%
  • Gross Yield: 9.26%
  • APN: SPRI S:11462 P:0031
  • Situs County: Hampden
  • Length Of Ownership: 35 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Roof Type: Shed
  • Deck: true

Measurements

  • Total: 1,408/SqFt
  • Lot: 11,552/SqFt
  • Gross: 1,408/SqFt
  • Living: 1,408/SqFt
  • Basement: 182/SqFt
  • Building: 1,408/SqFt
  • Ground: 1,226/SqFt
  • Basement Unfinished: 182/SqFt
  • Price Per Square Foot: $95.88
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District
  • Lat / Lon: 42.100933 / -72.52622
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1334
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Hot Water

Ownership Info

49 Terrace Ln has no associated ownership info
49 Terrace Ln has no associated ownership info.

Taxes

49 Terrace Ln has 9 associated Taxes items

49 Terrace Ln, Springfield, MA pays taxes in Hampden County, MA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $356,700. The APN we've located for 49 Terrace Ln is SPRI S:11462 P:0031.

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Taxes
  • Assessed Value:  $356,700
  • Assessed Year:  2025
  • Assessed County:  Hampden
  • APN:  SPRI S:11462 P:0031
  • Assessed Land Value:  49000
  • Tax Amount:  5593
  • Tax Year:  2025
  • Market Value:  322810
  • Market Year:  2025

Tax History

49 Terrace Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $356,700 Land Value $49,000 Improvement Value $307,700 Tax Amount $5,593 Change Rate +0.029829% Assessed CR Tax Rate +0.01568%
Year 2024 Assessed Value $338,200 Land Value $49,000 Improvement Value $289,200 Tax Amount $5,431 Change Rate +0.024524% Assessed CR Tax Rate +0.016059%
Year 2023 Assessed Value $310,900 Land Value $46,600 Improvement Value $264,300 Tax Amount $5,301 Change Rate +0.127153% Assessed CR Tax Rate +0.01705%
Year 2022 Assessed Value $249,900 Land Value $46,600 Improvement Value $203,300 Tax Amount $4,703 Change Rate +0.014452% Assessed CR Tax Rate +0.01882%
Year 2021 Assessed Value $245,300 Land Value $42,400 Improvement Value $202,900 Tax Amount $4,636 Change Rate +0.096969% Assessed CR Tax Rate +0.018899%
Year 2020 Assessed Value $218,300 Land Value $42,400 Improvement Value $175,900 Tax Amount $4,226.19 Change Rate +0.001182% Assessed CR Tax Rate +0.01936%
Year 2019 Assessed Value $212,800 Land Value $42,400 Improvement Value $170,400 Tax Amount $4,221.2 Change Rate +0.01034% Assessed CR Tax Rate +0.019836%
Year 2018 Assessed Value $212,300 Land Value $42,400 Improvement Value $169,900 Tax Amount $4,178 Change Rate +0.119807% Assessed CR Tax Rate +0.01968%
Year 2017 Assessed Value $189,800 Land Value $42,400 Improvement Value $147,400 Tax Amount $3,731 Change Rate +0.038119% Assessed CR Tax Rate +0.019658%
Year 2016 Assessed Value $182,800 Land Value $42,400 Improvement Value $140,400 Tax Amount $3,594 Change Rate +0.023057% Assessed CR Tax Rate +0.019661%
Year 2015 Assessed Value $178,600 Land Value $42,400 Improvement Value $136,200 Tax Amount $3,513 Change Rate Assessed CR Tax Rate +0.01967%