NOT LISTED FOR SALE

165 Water St Lee, MA 01238

7 Beds
4 Baths
-- Sq Ft
0.94 Acres

Last Sold July 02, 2018

Last sale price $155,000

981 Days on Market

Highlights

  • Farmhouse Style Home
  • Hot Water Heating System
  • Carpet
  • Cooling Available
  • Wood Siding

About This Home

As of July 2018

$37,000 gross annual cash flow. INVESTORS TAKE NOTICE! Investment opportunity close to downtown Lee. This unique property features three residential units, one commercial space and large barn with additional income potential. Strong rental history, separate utilities. Rental income + SEE ATTACHED I&E statements

Last Agent to Sell the Property

Timothy Disilva

SUMMIT REALTY License #9508574 Listed on: 09/21/2015

Last Buyer's Agent

Anthony Caropreso

MACCARO REAL ESTATE License #135935

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.94

Parking

  • No Garage

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Lee Middle School
  • Lee High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Separate Electric Meters

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Type: Multi-Family
  • Style: NE Farmhouse | Other
  • Construction: Wood Frame
  • Directions: Water St is Rt 20 East
  • Unit Style: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Total Full Baths: 4
  • Basement: Crawl | Unfinished | Full
  • Floor: Carpet | Linoleum
  • Total Rooms: 13

Exterior Features

  • Roof: Asphalt | Fiberglass
  • Exterior Siding: Wood

Garage/Parking

  • Garage: None

Utilities

  • Electric Type: 100 Amp
  • Fuel: Electric | Nat Gas
  • Hot Water: Electric | Nat Gas
  • Sewer: Public
  • Underground Oil Tank: Unk
  • Water: Public
  • Flood Hazard Area: Unk
  • Electric Meters Number: 4
  • Heat Cool Vent: Electric | Hot Water
  • Heat Cool Vent Air Exchange System: No
  • Heating Sys Number Heating Sys Number: 4
  • Hot Wtr Sys Number Hot Wtr Sys Number: 4

Schools

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

Lot Info

  • Estimated Acres: 0.94
  • Total Assessed Value: 303600.00
  • Assessed Year: 2017.00
  • Map Ref: M:019 B:00 L:0000-0059.0
  • Right To Farm Comm: Yes
  • Zoning: Multi
  • Land Use Water Shed: No
  • Lot Dimensions: 40,946

Tax Info

  • Taxes: 4469.00
  • Tax Year: 2017

Multi Family

  • No Of Units: Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Jul 2, 2018
Sold by
Mars Hill Nt
Bought by
Cabral Travis R and Dowd Rian M
Seller's Agent
Timothy Disilva
SUMMIT REALTY
Buyer's Agent
Anthony Caropreso
MACCARO REAL ESTATE
List Price
$199,900
Sold Price
$155,000
Premium/Discount to List
-$44,900
-22.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Pease Floyd J and Pease Sharon L
Bought by
Mars Hill Nt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.6%
Mortgage Type
Commercial
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
Cabral Travis R $155,000 --
Mars Hill Nt $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabral Travis R $160,000
Closed Cabral Travis R $120,000
Previous Owner Mars Hill Nt $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $155,000 -22.5% --
05/29/2018 05/29/18 Pending -- -- --
09/21/2015 09/21/15 For Sale $199,900 -- --
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 $5,067 $450,400 $120,200 $330,200
2024 $4,668 $415,300 $114,600 $300,700
2023 $4,570 $386,300 $110,200 $276,100
2022 $4,663 $341,600 $103,700 $237,900
2021 $4,634 $315,700 $92,700 $223,000
2020 $4,454 $303,400 $86,800 $216,600
2019 $4,604 $311,500 $89,000 $222,500
2018 $4,528 $309,500 $89,000 $220,500
2017 $4,469 $303,600 $76,000 $227,600
2016 $4,388 $301,400 $73,800 $227,600
2015 $3,693 $262,300 $73,800 $188,500
2014 $3,723 $263,100 $73,800 $189,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Timothy Disilva

    SUMMIT REALTY

    (413) 281-2648

    1 in this area

    20 Total Sales

    Section Image
  • Anthony Caropreso

    Buyer's Agent in 2018

    Anthony Caropreso

    MACCARO REAL ESTATE

    (413) 374-4300

    28 in this area

    50 Total Sales

    Section Image
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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 217182

Berkshire County Board of REALTORS®

APN: LEEE-000019-000000-000000-000590-000590

Massachusetts Berkshire County Lee 01238

165 Water St, Lee, MA

This home is located at 165 Water St, Lee, MA 01238 since 21 September 2015. 165 Water St is a home located in Berkshire County with nearby schools including Lee Elementary School, Lee Middle/High School, and St. Mary's School.

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