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48 Ray Avenue

48 Ray Avenue, Fitchburg, MA 01420
Property in Fitchburg
Sold Aug 06, 2021
$270,000
$260,200 by Bank Of America Na
Mortgage Due Aug 06, 2051
Sold Jun 07, 2019
$193,000
$182,000 by Crosscountry Mortgage Inc
Mortgage
48 Ray Avenue in Fitchburg, MA was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1983. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 48 Ray Avenue has 864 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,909 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 48 Ray Avenue sold most recently in Aug 6, 2021 for a total of $270,000. If you work out the math, that's approximately a cost of $312.50 per sqft. Before that, the property was also sold for $193,000 in Jun 7, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,606 in taxes each year. 48 Ray Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $243,500. If we break it down further, the land itself was valued at $60,600. Improvements to the property, however, were assessed at a total of $182,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Location

Corner Lot

Parking

Carport
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,909
  • Total Building Area: 864
  • Gross Building Area: 1,560
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FIGUEROA MARICELIS
  • Previous Owner : MARRONE DANIEL R
  • Previous Owner 2: SANTUCCI JILLIAN M
  • Owner Before Previous Owner: JACKSON AVENUE RT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fitchburg School District
  • Census Tract: 710100

Zoning

  • Zoning: CBD

Geography

  • District: 97
  • Parcel: FITC M:0098 B:0016 L:0
  • Block: 16
  • Municipality: FITCHBURG
  • Latitude: 42.5729
  • Longitude: -71.7753

    Address

  • Full Address: 48 Ray Ave
  • Address - House Number: 48
  • Address - Street Name: Ray
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fitchburg
  • Carrier Code: C010
  • 4-Digit Zip Code: 5924
  • Zip Code: 01420

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,606

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 313,641
  • High Value: 379,971
  • Low Value: 247,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,200
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $260,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 06, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $243,500
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $182,900

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11848044788
  • Current Sale Price: $270,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 17344
  • Previous Sale Recording Date: Jun 07, 2019
  • Previous Sale Contract Date: Jun 07, 2019
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 07, 2019
  • Previous Mortgage Loan Amount: $182,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fitchburg



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Frequently Asked Questions

What neighborhood is 48 Ray Avenue located in?
The 48 Ray Avenue is a located in the neighborhood of Fitchburg in Fitchburg, Fitchburg.
What is the average sales price for listings in 48 Ray Avenue?
The average sales price for units in 48 Ray Avenue is $0 currently.

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