NOT LISTED FOR SALE

266 N Main Rd Otis, MA 01253

Estimated Value: $1,046,396

10 Beds
10 Baths
9,013 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $550,000 $61 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,942/month

489 Days on Market

Highlights

  • River Access
  • River View
  • Wood Flooring
  • Barn or Stable
  • Colonial Architecture
  • Fenced Yard

About This Home

As of December 2015

This beautiful Victorian home is currently operated as a 3 room B&B with an owners apartment and a 3rd floor rental apartment. There is a separate apartment building with 4-1 bedroom units plus a 1 room cottage. Sitting on the Farmington River with 400' of frontage. Avg. of over $54,000 in income over the past 5 years. With $175,000 in improvements and new equipment it is all set for future owners

Last Agent to Sell the Property

Tucker Welch

TUCKER WELCH PROPERTIES, LLC License #9519249 Listed on: 06/15/2014

Last Buyer's Agent

Tucker Welch

TUCKER WELCH PROPERTIES, LLC License #9519249 Listed on: 06/15/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,151

Year Built

  • 1850

Lot Details

  • River Front
  • Fenced Yard
  • Landscaped
  • Property is zoned Multi

Home Design

  • Colonial Architecture
  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • Insulated Windows
  • Insulated Doors
  • Wood Flooring
  • River Views

Kitchen

  • Range with Range Hood
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • River Access
  • Patio
  • Outbuilding

Schools

  • Farmington River Elementary School
  • Choice Middle School
  • Choice High School

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling
  • Boiler Heating System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Shared Well
  • Propane Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,151

Year Built

1850

Lot Details

0

Listing Details

  • Property Type: Residential - Single Family
  • Property Type: Residential
  • Style: Colonial | Other | Cottage
  • Construction: Wood Frame
  • Directions: Take Rt.20 South from Lee, MA. Go right on Rt.8 for aprox. 5 miles. Maplewood Lodge on the left.
  • Marketing Headline: B&B plus 5 Apartments; Cottage; Owner's Quarters. Good income flow.
  • Property Use Stat: Primary Residence
  • Views: Water
  • Right Of Way: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1850

Interior Features

  • Appliances Included: Dishwasher, Washer, Range, Refrigerator, Range Hood, Freezer, Dryer
  • Total Bedrooms: 10
  • Total Bathrooms: 10.00
  • Total Full Baths: 8
  • Total Half Baths: 2
  • Basement: Concrete Floor, Slab, Unfinished, Sump Pump, Interior Access, Dirt Floor
  • Insulation: Fiberglass | Mixed
  • Floor: Wood
  • Stove Permit: Unk

Exterior Features

  • Exterior Amenities: Barn/Stable | Landscaped | Patio | Outbuilding | Fenced Yard
  • Roof: Asphalt Shingles | Fiberglass
  • Waterfront: Frontage on Water | River | River View | River Access
  • Exterior Siding: Clapboard | Wood

Garage/Parking

  • Garage Stalls: 2
  • Parking Spaces: 12.00
  • Parking Spaces Type: Off Street
  • Garage: Detached

Utilities

  • Electric Type: 100 Amp | Circuit Breaker | 200 Amp
  • Fuel: Oil | Propane
  • Hot Water: Propane
  • Sewer: Public
  • Underground Oil Tank: Unk
  • Water: Shared Well
  • Flood Hazard Area: Unk
  • Heat Cool Vent: Boiler | Ductless Wall Unit A/C System | Steam | Multizone | Electric

Lot Info

  • Estimated Acres: 2.64
  • Total Assessed Value: 568600.00
  • Assessed Year: 2014.00
  • Map Ref: M:000010 P:000083
  • Right To Farm Comm: Unk
  • Zoning: Multi
  • Lot Dimensions: 114,998
  • Easement: Unk
  • Survey: Unk

Green Features

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

Tax Info

  • Taxes: 4151.00
  • Tax Year: 2014

MLS Schools

  • Elementary School: Farmington River
  • High School: Choice
  • Middle School: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2014
Closed on
Dec 18, 2015
Sold by
Garretson Richard G and Garretson Carolyn K
Bought by
Rousseau Kevin G and Rousseau Melissa M
Seller's Agent
Tucker Welch
TUCKER WELCH PROPERTIES, LLC
Buyer's Agent
Tucker Welch
TUCKER WELCH PROPERTIES, LLC
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Current Estimated Value
$1,046,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,396
Avg. Annual Appreciation
6.71%
Original Mortgage
$440,000
Outstanding Balance
$253,287
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$793,109

Purchase Details

Closed on
Jun 23, 2005
Sold by
Smith Henry L
Bought by
Garretson Richard G and Garretson Carolyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rousseau Kevin G $550,000 --
Garretson Richard G $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rousseau Kevin G $440,000
Previous Owner Garretson Richard G $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $550,000 -15.4% $61 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
06/15/2014 06/15/14 For Sale $650,000 -- $72 / 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 $5,256 $813,600 $66,600 $747,000
2024 $5,056 $780,200 $66,600 $713,600
2023 $5,126 $774,300 $60,700 $713,600
2022 $4,921 $635,000 $60,700 $574,300
2021 $4,468 $527,500 $60,700 $466,800
2020 $4,313 $517,200 $60,700 $456,500
2019 $4,282 $517,200 $60,700 $456,500
2018 $4,282 $517,200 $60,700 $456,500
2017 $4,179 $517,200 $60,700 $456,500
2016 $4,364 $555,900 $60,700 $495,200
2015 $4,282 $568,600 $57,200 $511,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tucker Welch

    TUCKER WELCH PROPERTIES, LLC

    (413) 441-9512

    6 Total Sales

    Tucker Welch
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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 210114

Berkshire County Board of REALTORS®

APN: OTIS-000010-000000-000083

Massachusetts Berkshire County Otis 01253

266 N Main Rd, Otis, MA

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