NOT LISTED FOR SALE

24 S Gate Island Rd East Otis, MA 01029

Estimated Value: $799,000 - $938,000

1 Bed
1 Bath
822 Sq Ft
$1,054/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $849,000 $1,033 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,058/month

3 Days on Market

Highlights

  • Lake View
  • Colonial Architecture
  • Patio
  • Waterfront
  • Deck
  • Outdoor Storage

About This Home

As of October 2023

Welcome to Gate Island! Relax on 1 of your 2 docks or in your newly remodeled lakefront home! Plenty of room in the loft for 2 twin beds, and seller has expansion plans for additional living space and Bedrooms in their newly added walk out basement! Some other updates in the last 2-3 years include:new roof, siding, windows, doors, and septic system. All new electrical, plumbing, heating and central AC. New goshen stone sea-wall, patios and walkways and stairs leading you right into the lake! New kitchen and bath, all new insulation, drywall, trim, loft railings, new Trex deck(s) 1 with cable railing system, and much more!

Last Agent to Sell the Property

Kimberly Brodeur

Keller Williams Realty Listed on: 08/03/2023

Keller Williams Realty

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • Gentle Sloping Lot
  • Property is zoned R40

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Lake
  • Scenic Vista

Home Design

  • 822 Sq Ft Home
  • Colonial Architecture
  • Shingle Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Mooring
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • 110 Volts
  • Shared Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:17C L:6,3458000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

Built in 1941

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1941
  • Buyer Agency: 2.25
  • Transaction Broker: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Microwave,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 822
  • Spa YN: No
  • MAIN LO: M95273
  • LIST PRICE PER Sq Ft: 1032.85
  • PRICE PER Sq Ft: 1032.85
  • MAIN SO: H11111

Exterior Features

  • Exterior Features: Deck, Patio, Storage
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle, Metal
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Lake, Frontage, Direct Access
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Central, Propane
  • Cooling Y N: Yes
  • Electric: 110 Volts, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Senior Community YN: No
  • REQD OWN ASSOCIATION: Yes
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Parcel Number: M:17C L:6,3458000
  • Zoning: R40
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6970
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 230
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2772
  • Tax Book Number: 6627

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Dock/Mooring, Lake

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2023 10/06/23 Sold $849,000 0.0% $1,033 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $849,000 +92.1% $1,033 / Sq Ft
05/20/2020 05/20/20 Sold $442,000 -7.7% $538 / Sq Ft View Prior Sale
04/24/2020 04/24/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $479,000 -- $583 / 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 $5,063 $783,700 $532,300 $251,400
2024 $3,388 $522,800 $458,300 $64,500
2023 $2,772 $418,700 $354,200 $64,500
2022 $3,148 $406,200 $342,100 $64,100
2021 $3,676 $434,000 $365,400 $68,600
2020 $3,620 $434,000 $365,400 $68,600
2019 $3,594 $434,000 $365,400 $68,600
2018 $3,551 $434,000 $365,400 $68,600
2017 $3,507 $434,000 $365,400 $68,600
2016 $3,418 $435,400 $365,400 $70,000
2015 $2,974 $395,000 $315,700 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73144242

MLS Property Information Network (MLS PIN)

APN: OTIS-000017C-000000-000006