NOT LISTED FOR SALE

165 Water St Lee, MA 01238

Lee Area
7 Beds
4 Baths
-- Sq Ft
0.94 Acre Lot

Sale Details

Date Sold: July 2, 2018

Last sale price $155,000

981 Days on Market

Highlights

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

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

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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

0.94 Acres

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

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Jul 2, 2018
Sold by
Mars Hill Nt and Effron
Bought by
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 and Pease Sharon L
Bought by
Mars Hill Nt and Considine
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$155,000 --
Mars Hill Nt $128,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $160,000
Closed -- $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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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

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