NOT LISTED FOR SALE

131 Rhode Island Rd Lakeville, MA 02347

Estimated Value: $512,000 - $559,000

5 Beds
2 Baths
1,680 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $300,000 $179 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,280/month

22 Days on Market

About This Home

As of January 2022

Bring your ideas!!! Incredible amount of potential with this business zoned property situated on 1.62 acres! This property has town water & gas already hooked up!! If you own a business & work from home? Front entrance could be configured right into an office/business space separate from the rest of the living area. The first floor of this property consists of a large eat in kitchen with cathedral ceilings, separate dining room, oversized living room and two bedrooms with a conjoining full bath. Upstairs you'll find three additional bedrooms & full bath. Accountant, chiropractor, funeral home, counselor, tailor, nail/hair business, ect, ect, ect, live & work from home! Perfect! In close proximity to the Middleboro/Lakeville T-station, Rt. 495, & Middleboro Rotary with good drive-by traffic counts (attached). Attached find engineered plans for a gas station/convenience store. This property won’t pass traditional financing. Cash/203K/hard money.

Last Agent to Sell the Property

Chelsea McLaughlin

RE/MAX Legacy Listed on: 10/25/2021

Last Buyer's Agent

Daniel Gouveia

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,643

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Architectural Style: Cape
  • Directions: Intersection of Rt. 18 & Rt. 79
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Gas Water Heater,Tank Water Heaterless
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Second
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • MAIN LO: AN5391
  • LIST PRICE PER Sq Ft: 238.04
  • PRICE PER Sq Ft: 178.57
  • MAIN SO: BB4624
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Laminate, Hardwood

Exterior Features

  • Foundation Details: Concrete Perimeter, Irregular
  • Disclosures: Sellers Have Never Occupied The Property, Seller/Broker Make No Warranties Or Representations. Buyer/Agent To Do Own Due Diligence. Rear Dormer Recently Reroofed. Public Record Lists 3 Bed, 5 Bed Septic, No Heat On Second Floor. This Property Won’t Pass Traditional Financing. Cash/203k/Hard Money.
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 10

Utilities

  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School

Lot Info

  • LOT SIZE: 70567
  • PAGE: 101
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 70567.2
  • Zoning: BUSINESS

Tax Info

  • Tax Annual Amount: 3889.74
  • Tax Book Number: 6294
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 27, 2021
Sold by
Sanders Sharyn M and Pilkington Denise A
Bought by
Nguyen Thi L
Seller's Agent
Chelsea McLaughlin
RE/MAX Legacy
Buyer's Agent
Daniel Gouveia
Keller Williams Realty
List Price
$399,900
Sold Price
$300,000
Premium/Discount to List
-$99,900
-24.98%
Current Estimated Value
$535,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,222
Avg. Annual Appreciation
16.37%

Purchase Details

Closed on
Sep 6, 1985
Bought by
Bertrand Blanche M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nguyen Thi L $300,000 None Available
Bertrand Blanche M $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bertrand Blanche M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $300,000 -25.0% $179 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $399,900 -- $238 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $4,643 $448,600 $177,900 $270,700
2024 $4,518 $428,200 $174,400 $253,800
2023 $3,832 $343,700 $166,000 $177,700
2022 $3,718 $308,000 $149,200 $158,800
2021 $3,890 $304,600 $133,100 $171,500
2020 $3,819 $292,400 $128,900 $163,500
2019 $3,661 $275,300 $124,000 $151,300
2018 $3,535 $260,100 $115,600 $144,500
2017 $3,475 $250,700 $125,200 $125,500
2016 $3,200 $226,500 $109,200 $117,300
2015 $3,221 $226,000 $111,400 $114,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72912337

MLS Property Information Network (MLS PIN)

APN: LAKE-000025-000003-000012