40 Wallace Ave
Chicopee, MA 01020
3 bd 1 ba 960 sqft Built 1958 Lot 47,045 sqft single_family
Most recent sale
$305,000
Apr 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2022 | Sold | $305,000 | MLS #72942437 |
| Mar 4, 2022 | Relisted | $294,900 | MLS #72942437 |
| Feb 22, 2022 | Listing removed | $294,900 | MLSPIN |
| Feb 14, 2022 | Listed | $294,900 | MLS #72942437 |
| Jul 15, 2019 | Sold | $232,500 | MLS #72501722 |
| May 16, 2019 | Listed | $240,000 | MLS #72501722 |
| Nov 7, 2017 | Sold | $110,000 | MLS #72201740 |
| Jul 21, 2017 | Listed | $99,900 | MLS #72201740 |
| Sep 15, 1994 | Sold | $72,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $161,100 | $139,900 | $301,000 | $4,563 |
| 2024 | $156,300 | $137,300 | $293,600 | $4,334 |
| 2023 | $140,700 | $124,900 | $265,600 | $4,024 |
| 2022 | $117,900 | $108,400 | $226,300 | $3,845 |
| 2021 | $111,100 | $98,600 | $209,700 | $3,693 |
| 2020 | $94,600 | $101,300 | $195,900 | $3,420 |
| 2019 | $79,500 | $101,300 | $180,800 | $3,247 |
| 2018 | $76,400 | $96,500 | $172,900 | $3,166 |
| 2017 | $74,600 | $82,900 | $157,500 | $2,726 |
| 2016 | $69,700 | $82,900 | $152,600 | $2,580 |
| 2015 | $70,000 | $82,900 | $152,900 | $2,682 |
| 2013 | $72,400 | $82,900 | $155,300 | $2,444 |
| 2006 | $84,000 | $77,700 | $161,700 | $2,117 |
| 2005 | $78,400 | $77,700 | $156,100 | $2,129 |
| 2004 | $56,000 | $60,900 | $116,900 | $2,038 |
| 2003 | $56,000 | $60,900 | $116,900 | $1,980 |
Property facts
Year built
1958
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
960 sqft
Lot size
47,045 sqft
ZIP code
01020
City
Chicopee
Street
Wallace Ave
Coordinates
42.20447, -72.56891
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,784
Gross rental yield
10.95%
Implied cap rate
7.12%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Wallace Ave last sell?
40 Wallace Ave most recently sold on Apr 18, 2022 for $305,000.
What is the current tax assessment for 40 Wallace Ave?
The most recent total assessment for 40 Wallace Ave (year 2025) is $301,000 with $4,563 in property tax.
How does 40 Wallace Ave's assessment compare to its last sale price?
The current assessment is 1.3% below the last sale price of $305,000.
When was 40 Wallace Ave built?
40 Wallace Ave was built in 1958.
How does 40 Wallace Ave compare to others on Wallace Ave?
We track 5 other properties on Wallace Ave. Browse the list under "Other properties on Wallace Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Wallace Ave?
40 Wallace Ave is a 3 bed, 1 bath, 960 sqft, 47,045 sqft lot single_family.
Is 40 Wallace Ave a flip candidate?
No — 40 Wallace Ave does not appear in our flips dataset.
Is 40 Wallace Ave a tax-appeal candidate?
No — 40 Wallace Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$410.2K
2026 Q4
$427K
ZIP 01020 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wallace Ave