56 Main St Lancaster, MA 01523-2800
Property profile & analytics
56 Main St, Lancaster, MA 01523-2800
- Investment properties
- 3,584 SF
- 0.89 lot acres
Property ID
US38-0926374
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 56 Main St
- Year built
- 2006
- Lot size
- 0.89 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- LANC M:041.0 B:0000 L:0213.0
- APU
- LANCM0410B0000L02130
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 19, 2008 | $1 | Bfd RT | Gleason,michael | Grant Deed | — |
| Jun 19, 2008 | — | Bfd RT | — | Deed Of Trust · related | $285k · Clinton Savings Bank |
| Jul 26, 2007 | — | Michael Gleason | — | Deed Of Trust · related | $100k · Clinton Savings Bank |
| Aug 9, 2006 | — | Michael Gleason | — | Deed Of Trust · related | $250k · Clinton Savings Bank |
| Dec 6, 2004 | $170,000 | Michael Gleason | Muirfield Dev LLC | Grant Deed | — |
| Jul 19, 2002 | $155,000 | Muirfield Dev LLC | Fritsche,ted | Grant Deed | $116k · Fidelity Cp Bank |
| Jun 28, 1990 | $165,000 | Ted Fritsche | Hardy,gerry | Grant Deed | $132k · Clinton Savings Bank |
| May 18, 1990 | — | Gerry Hardy | — | Deed Of Trust · related | $5k · Leominster Cu |
| Jan 2, 1990 | $143,000 | Mary Dubin | Hardy,gerry | Grant Deed | — |
| Jun 29, 1989 | — | Gerry Hardy | — | Deed Of Trust · related | $112k · Clinton Savings Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $540,000
- 6.5%
- $495,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $607,000
- AI Estimate
- $536,000
Market price range: $227k - $614kMarket price range: $149k - $553k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $395,000 Current use
- RETAIL STORES
- $560,000 Change: +43% Conversion: Easy
- AUTO REPAIR, GARAGE
- $550,000 Change: +39% Conversion: Difficult
- OFFICE BUILDING
- $485,000 Change: +24% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $450,000 Change: +15% Conversion: Difficult
- WAREHOUSE, STORAGE
- $360,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.6872
- Latitude
- 42.4375
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,459
$132,500
$466,500
$599,000
-
$0.00
$0.00
$0.00