516 PROSPECT ST
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Location
516 PROSPECT ST
Mblu
0669/ 00015/ / /
Acct#
0669-00015
Owner
MICHAEL T GAY &
PBN
Assessment
$332,100
Appraisal
$332,100
PID
16528
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$175,100$0$1,300$155,700$332,100
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$175,100$0$1,300$155,700$332,100

Owner of Record
OwnerMICHAEL T GAY &
Co-OwnerMARY V GAY
Address516 PROSPECT ST
CHICOPEE, MA 01020-2282
Sale Price$1
Certificate
Book & Page 37840/00RL
Sale Date05/18/2018
Instrument1N
QualifiedU

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MICHAEL T GAY &$1 37840/00RL1N05/18/2018
GAY MARY V & MICHAEL T$01R155/0129 09/29/1997
LEACH ELEANOR I$02R116/0057 01/24/1986

Building Information
Building 1 : Section 1
Year Built: 1960
Living Area: 1,530
Replacement Cost: $324,282
Building Percent Good: 54
Replacement Cost
Less Depreciation:
$175,100
Building Attributes
FieldDescription
Style:Ranch
ModelResidential
Grade:C
Stories:1
Occupancy1
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Average
Interior Flr 2 
Heat FuelGas
Heat Type:Hot Water
AC Type:Central
Total Bedrooms:3 Bedrooms
Total Bthrms:1
Total Half Baths:1
Total Rooms:6
Bath Style: 
Kitchen Style: 
Fireplaces:0
Extra Openings:0
Finish Attic:None
Bsmnt Garage:2
Finish Bsmnt:650
Sewer 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,530 1,530
FEPPorch, Enclosed, Finished 210 0
UBMBasement, Unfinished 1,498 0
   3,238 1,530

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FEP1Enclosed Porch-Frame120.00 S.F.$01

Parcel Information
Use Code1010
DescriptionSingle Fam MDL-01  
Deeded Acres1.10

Land
Land Use
Use Code1010
DescriptionSingle Fam MDL-01  
Neighborhood7
Land Line Valuation
Size (Acres)1.10
Assessed Value$155,700
Appraised Value$155,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SHD1Shed - A  160.00 S.F.$1,3001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$165,500$0$1,300$142,400$309,200
2024$160,700$0$1,300$139,600$301,600

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$165,500$0$1,300$142,400$309,200
2024$160,700$0$1,300$139,600$301,600

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