NOT LISTED FOR SALE

16 Olive St Lee, MA 01238

Estimated Value: $265,152 - $315,000

3 Beds
1 Bath
875 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $225,000 $257 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,696/month

Highlights

  • Deck
  • Skylights
  • Forced Air Heating and Cooling System
  • Main Floor Bedroom
  • Bay Window
  • Ceramic Tile Flooring

About This Home

As of October 2021

Cute as a button and perfect for just starting out or looking for an easy-living ranch for retirement! From top to bottom this home has been lovingly cared for with many updates! Roof was done is 2009, all new flooring since 2016, hot water heater (2019), partial fence replacement (2021), BRAND NEW driveway and paver walkways! Large, partially fenced backyard that is easily enjoyed from the comfort of the generous back deck. A MUST see!

Last Agent to Sell the Property

Abbie West

GELINAS REAL ESTATE License #9076674 Listed on: 08/04/2021

Last Buyer's Agent

Lauren Rosen

LANCE VERMEULEN RE, INC License #9555813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,198

Year Built

  • 1953

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 875 Sq Ft Home
  • Skylights
  • Bay Window

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Lee Elementary And Middle School
  • Lee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Storage Tank
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,198

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Residential - Single Family
  • Property Type: Residential
  • Style: Ranch
  • Accessibility: 1st Fl Bdrm, 1st Flr Full Bath
  • Construction: Wood Frame
  • Directions: East street to Olive Street.
  • Right Of Way: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Appliances Included: Dryer, Washer, Refrigerator, Range, Microwave
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Total Full Baths: 1
  • Basement: None, Slab
  • Insulation: Blown In
  • Interior Amenities: Skylight(s), Bay/Bow Window
  • Floor: Carpet, Laminate, Ceramic Tile
  • Sq Ft Liv Apx: 875.00

Exterior Features

  • Exterior Amenities: Deck, Fenced-Partially
  • Roof: Asphalt Shingles, Fiberglass
  • Exterior Siding: Wood

Garage/Parking

  • Parking Spaces Type: Off Street
  • Garage: None

Utilities

  • Electric Type: 100 Amp
  • Fuel: Nat Gas
  • Hot Water: Nat Gas, Storage Tank
  • Sewer: Public
  • Underground Oil Tank: Unk
  • Water: Public
  • Flood Hazard Area: No
  • Heat Cool Vent: Forced Air

Lot Info

  • Estimated Acres: 0.19
  • Total Assessed Value: 148300.00
  • Assessed Year: 2021.00
  • Lot Description: Paved Drive
  • Lot Size Sq Ft: 8276.00
  • Map Ref: LEEE M:008 B:0A L:0000-0035.0
  • Right To Farm Comm: Yes
  • Zoning: Residential
  • Lot Dimensions: .19
  • Easement: No
  • Survey: No

Tax Info

  • Taxes: 2198.00
  • Tax Year: 2020

MLS Schools

  • Elementary School: Lee
  • High School: Lee
  • Middle School: Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 13, 2021
Sold by
Barnes Shay A
Bought by
Morgan Amanda and Coenen Christopher
Seller's Agent
Abbie West
GELINAS REAL ESTATE
Buyer's Agent
Lauren Rosen
LANCE VERMEULEN RE, INC
List Price
$199,900
Sold Price
$225,000
Premium/Discount to List
$25,100
12.56%
Current Estimated Value
$287,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,288
Avg. Annual Appreciation
5.89%
Original Mortgage
$110,000
Outstanding Balance
$100,310
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,978

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jul 1, 2016
Sold by
Schaffer Norman E and Schaffer Teresa J
Bought by
Barnes Shay A
Seller's Agent
Janice Braim
CARRIAGE HOUSE REAL ESTATE
Buyer's Agent
Abbie West
LES POINCELOT REAL ESTATE
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$143,355
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2001
Sold by
Schaffer Brian E
Bought by
Schaffer Norman E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Amanda $225,000 None Available
Barnes Shay A $146,000 --
Schaffer Norman E $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Amanda $110,000
Previous Owner Barnes Shay A $143,355
Previous Owner Schaffer Norman E $25,000
Previous Owner Schaffer Norman E $18,452
Previous Owner Schaffer Norman E $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $225,000 +12.6% $257 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $199,900 +36.9% $228 / Sq Ft
07/01/2016 07/01/16 Sold $146,000 -2.6% $167 / Sq Ft View Prior Sale
04/06/2016 04/06/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $149,900 -- $171 / 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
2025 $2,492 $221,500 $95,700 $125,800
2024 $2,428 $216,000 $91,200 $124,800
2023 $2,346 $198,300 $87,700 $110,600
2022 $2,260 $165,600 $82,400 $83,200
2021 $2,177 $148,300 $74,300 $74,000
2020 $2,107 $143,500 $70,200 $73,300
2019 $2,148 $145,300 $72,000 $73,300
2018 $2,126 $145,300 $72,000 $73,300
2017 $2,067 $140,400 $61,400 $79,000
2016 $1,910 $131,200 $59,700 $71,500
2015 $1,847 $131,200 $59,700 $71,500
2014 $1,806 $127,600 $59,700 $67,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 235309

Berkshire County Board of REALTORS®

APN: LEEE-000008-A000000-000000-000350-000350