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614 Loop Road

614 Loop Road, Savoy, MA 01256
Property in Savoy
Refi May 09, 2005
Transfer
$110,000 by Adams Cooperative Bank
Mortgage Due May 09, 2035
Local assessors in Savoy, MA have categorized 614 Loop Road as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 132,858 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 614 Loop Road has a total of 1,144 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is 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. Tax-wise, the current owner is expected to pay close to $2,426 in taxes each year. 614 Loop Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,200. If we break it down further, the land itself was valued at $31,500. Improvements to the property, however, were assessed at a total of $145,700. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 1,144
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 132,858
  • Total Building Area: 1,144
  • Gross Building Area: 2,288
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,144
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.05
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Savoy School District
  • School Tax School District: SAVOY SD
  • Census Tract: 931300

Geography

  • Parcel: SAVO M:417 L:10-0
  • Lot: 10-0
  • Municipality: SAVOY
  • Latitude: 42.5488
  • Longitude: -72.9873

    Address

  • Full Address: 614 Loop Rd
  • Address - House Number: 614
  • Address - Street Name: Loop
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Savoy
  • Carrier Code: H073
  • 4-Digit Zip Code: 9307
  • Zip Code: 01256

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,426

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 260,673
  • High Value: 314,602
  • Low Value: 206,743

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: ADAMS COOPERATIVE BANK
  • First Open Lien Mortgage Recording Date: May 09, 2005
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 09, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,200
  • Assessed Land Value: $31,500
  • Assessed Improvements Value: $145,700

About Berkshire



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Frequently Asked Questions

What neighborhood is 614 Loop Road located in?
The 614 Loop Road is a located in the neighborhood of Savoy in Berkshire, Savoy.
What is the average sales price for listings in 614 Loop Road?
The average sales price for units in 614 Loop Road is $0 currently.

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