NOT LISTED FOR SALE

10 S Gate Island Rd Otis, MA 01029

Estimated Value: $675,000 - $812,000

4 Beds
1 Bath
1,091 Sq Ft
$669/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $601,000 $551 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,346/month

2 Days on Market

Highlights

  • Docks
  • Lake View
  • Deck
  • Access To Lake
  • Waterfront
  • Main Floor Bedroom

About This Home

As of December 2021

Welcome to Gate Island! With loads of room for family and friends to start their waterfront vacation memories. If your goal is to sit on your dock on the Otis Reservoir and watch the sunset, then this is a must see! Whether it's a pleasure cruise or a ski on the lake, we have it all here for you.

Last Listed By

David St. Laurent

BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS OTIS License #9044036 Listed on: 10/15/2021

BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS OTIS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,747

Year Built

  • 1941

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront

Property Views

  • Lake
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,091 Sq Ft Home
  • Skylights
  • Fireplace
  • Linoleum Flooring
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Docks
  • Deck
  • Outbuilding
  • Porch

Schools

  • Farmington River Elementary School
  • Choice Middle School
  • Choice High School

Utilities

  • Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,747

Year Built

1941

Lot Details

0

Listing Details

  • Property Type: Residential - Single Family
  • Property Type: Residential
  • Style: Cottage
  • Accessibility: 1st Fl Bdrm | 1st Flr Full Bath
  • Construction: Wood Frame
  • Directions: RT 23 to West Shore Rd to Tolland Road, Left onto Kibbe, Right onto Gate Island.
  • Views: Lake | Water | Scenic
  • Estimated Year Built: 1941
  • Right Of Way: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Appliances Included: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Total Full Baths: 1
  • Basement: Piers
  • Interior Amenities: Fireplace (s) | Skylight(s)
  • Floor: Linoleum
  • Sq Ft Liv Apx: 1091.00
  • Total Rooms: 7

Exterior Features

  • Exterior Amenities: Deck | Porch | Outbuilding | Dock
  • Roof: Asphalt Shingles
  • Waterfront: Dock | Frontage on Water | Motorized Vehicles | Lake Access | Lake
  • Waterfront Lake Pond Name: Otis Reservoir
  • Exterior Siding: Wood

Garage/Parking

  • Parking Spaces Type: Off Street
  • Garage: None

Utilities

  • Electric Type: 100 Amp | Circuit Breaker
  • Fuel: Propane
  • Hot Water: Electric
  • Sewer: Private
  • Underground Oil Tank: Unk
  • Water: Private | Well
  • Flood Hazard Area: Unk
  • Heat Cool Vent: Other

Condo/Co-op/Association

  • Mandatory HOA: Yes
  • H O A Community Fees H O A Fee: 300.00

Schools

  • Elementary School: Farmington River
  • Middle School: Choice
  • High School: Choice

Lot Info

  • Estimated Acres: 0.16
  • Total Assessed Value: 442400.00
  • Assessed Year: 2021.00
  • Lot Size Sq Ft: 6970.00
  • Map Ref: M: 17C L: 3
  • Right To Farm Comm: No
  • Zoning: Residential
  • Lot Dimensions: 6970
  • Easement: Unk
  • Survey: Unk

Tax Info

  • Taxes: 3747.00
  • Tax Year: 2021

MLS Schools

  • Elementary School: Farmington River
  • High School: Choice
  • Middle School: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2009
Sold by
Jones Edward M
Bought by
Jones Edward M and Jones Patricia A
Total Days on Market
2
Current Estimated Value
$730,079

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Edward M -- --
Jones Edward M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fink Jed M $480,800
Closed Fink Jed M $480,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $601,000 +9.3% $551 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $550,000 -- $504 / Sq Ft
Source: Berkshire County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,576 $551,800 $458,300 $93,500
2023 $2,971 $448,800 $355,300 $93,500
2022 $3,338 $430,700 $342,100 $88,600
2021 $3,747 $442,400 $365,400 $77,000
2020 $3,675 $440,700 $365,400 $75,300
2019 $3,649 $440,700 $365,400 $75,300
2018 $3,605 $440,700 $365,400 $75,300
2017 $3,561 $440,700 $365,400 $75,300
2016 $3,473 $442,400 $365,400 $77,000
2015 $3,014 $400,300 $316,800 $83,500
Source: Public Records

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Source: Berkshire County Board of REALTORS®

MLS Number: 236076

Berkshire County Board of REALTORS®

APN: OTIS-000017C-000000-000003