NOT LISTED FOR SALE

143 Lake St Webster, MA 01570

Estimated Value: $391,843 - $482,000

5 Beds
3 Baths
2,288 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $237,000 $104 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,732/month

13 Days on Market

Highlights

  • Fruit Trees
  • Enclosed patio or porch
  • Wall to Wall Carpet
  • Fenced Yard

About This Home

As of April 2019

*Group showing Monday, 2/11 @ 4pm* ALL FLOORS VIEWABLE This is a rare, "positive cash flow" multifamily property in Webster because it's in a desirable location. Extremely close to Rte 395 yet a quiet area overall. There is off-street parking for 5 cars all in a flat parking lot. The roof is only 2 years old, no furnaces to worry about due to electric heat throughout. The main water line into the building was replaced within the past 3 years as well with plastic piping so no concerns there in the future! Bottom two units are in excellent condition but the 3rd floor unit could use some work in the bathroom and kitchen ($5k +/-) and it would be perfect. All tenants are at will but would LOVE to stay. Rents are well below current market rent but a good tenant can be priceless, which is why rents are where they are. Public beach is rough*ly 1 mile away and the hospital is very close as well. Banks and restaurants are within walking distance from this location as well.

Last Agent to Sell the Property

The O'Rourke Group

RE/MAX Prof Associates Listed on: 01/31/2019

Co-Listed By

Jason Flibbert

The O'Rourke Group Real Estate Professionals

Last Buyer's Agent

Michael Seaver

ERA Key Realty Services

ERA Key Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1920

Lot Details

  • Year Round Access
  • Fenced Yard
  • Fruit Trees

Flooring

  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Water Holding Tank
  • Water Heater Leased

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:29 B:B P:9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,386

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 1600
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 107.04
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Wall to Wall Carpet, Laminate
  • Total Flrs: 6
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full, Walk Out, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: K01527
  • Main So: K95310
  • Estimated Sq Ft: 2288.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Timber Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Gutters, Fenced Yard, Fruit Trees
  • Foundation: Fieldstone
  • Foundation Size: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 250
  • Sewer: 550
  • Electric Features: 110 Volts, 220 Volts, Fuses, Circuit Breakers, 100 Amps, Individually Metered
  • Heat Zones: 10
  • Hot Water: Electric, Tank, Leased Heater
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School

Schools

  • Elementary School: Park Ave
  • Middle School: Webster Middle
  • High School: Bartlett High

Lot Info

  • Assessments: 155600.00
  • Acre: 0.19
  • Lot Size: 8451.00
  • Page: 54
  • Parcel Number: M:29 B:B P:9
  • Zoning: MR-12
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Storm Windows, Insulated Doors, Storm Doors

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 1825
  • Total Rms: 11
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 2395.00
  • Assessor Parcel Number: 1747962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2016
Sold by
Flibbert David
Bought by
Flibbert Lt and Flibbert
Current Estimated Value
$428,456

Purchase Details

Closed on
Jun 19, 2015
Sold by
Berthiaume Dennis R and Berthiaume Evelyn V
Bought by
Flibbert David and Flibbert Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

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
Flibbert Lt -- --
Flibbert David $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayer Ryan $85,000
Open Mayer Ryan $231,843
Closed Mayer Ryan $232,707
Previous Owner Flibbert David $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $237,000 -3.2% $104 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $244,900 -- $107 / 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 $4,386 $369,200 $56,600 $312,600
2024 $4,326 $355,200 $54,400 $300,800
2023 $3,773 $301,800 $47,100 $254,700
2022 $3,468 $248,400 $45,700 $202,700
2021 $3,302 $218,700 $45,700 $173,000
2020 $3,128 $207,700 $45,700 $162,000
2019 $2,605 $169,900 $45,700 $124,200
2018 $4,875 $155,600 $45,700 $109,900
2017 $2,263 $149,600 $44,800 $104,800
2016 $2,114 $139,600 $44,800 $94,800
2015 $2,010 $136,900 $43,900 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72448124

MLS Property Information Network (MLS PIN)

APN: WEBS-000029-B000000-000009