NOT LISTED FOR SALE

360 Spring St Lee, MA 01238

Estimated Value: $594,000 - $788,000

6 Beds
4 Baths
2,557 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $735,000 $287 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,342/month

99 Days on Market

Highlights

  • Pasture Views
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Cathedral Ceiling
  • Mature Landscaping

About This Home

As of April 2024

Situated on one of Lee's most picturesque streets, this terrific multi family residence boasts a prime location, beautiful renovations, a gorgeous yard as well as many smart updates. Currently set up as a triplex multi-family dwelling, plus a separate guest cottage, this four unit property offers both flexibility and versatility and has the potential to be a robust income generator. The property has been meticulously maintained by its current owner, with recent updates of mini-split heat and air conditioning units and a new driveway. Each dwelling unit has its own distinct charm and generous space. The primary unit, on the second floor of the main house, offers an open concept floor plan and is flooded with sunlight.

Last Agent to Sell the Property

Nick Geranios

WILLIAM PITT SOTHEBY'S - LENOX License #9014914 Listed on: 12/28/2023

WILLIAM PITT SOTHEBY'S - LENOX

Co-Listed By

Diane Thorson

WILLIAM PITT SOTHEBY'S - GT BARRINGTON License #9574477

WILLIAM PITT SOTHEBY'S - GT BARRINGTON

Last Buyer's Agent

Diane Thorson

WILLIAM PITT SOTHEBY'S - GT BARRINGTON License #9574477

WILLIAM PITT SOTHEBY'S - GT BARRINGTON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,478

Year Built

  • 1979

Lot Details

  • 0.83 Acre Lot
  • Mature Landscaping
  • Landscaped with Trees

Home Design

  • Colonial Architecture
  • Bungalow
  • Wood Frame Construction
  • Asphalt Roof
  • Clap Board Siding
  • Radon Mitigation System
  • Clapboard

Interior Spaces

  • 2,557 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Pasture Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Lee Elementary And Middle School
  • Lee High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • 4 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,478

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Type: Multi-Family
  • Style: Bungalow | Colonial
  • Construction: Wood Frame
  • Directions: Summer Street to Spring Street. House on left.
  • Marketing Headline: Rare Income Producing Property in Lovely Lee!
  • Year Built Description: Approximate
  • Views: Pastoral
  • Unit Style: Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Appliances Included: Dishwasher, Washer, Range, Refrigerator, Dryer
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Total Full Baths: 4
  • Basement: Exterior Entrance | Walkout | Interior Access | Finished-Partially
  • Insulation: Unknown
  • Interior Amenities: Cable Avail | Pets Allowed | Radon Mitigation System | Fireplace(s) | Inlaw/ Guest Qtrs | Central A/C | Cathedral Ceilings
  • Floor: Ceramic Tile | Wood | Laminate
  • Laundry: In Basement | In Unit
  • Sq Ft Liv Apx: 2557.00

Exterior Features

  • Exterior Amenities: Deciduous Shade Trees | Landscaped | Mature Landscaping | Deck
  • Roof: Asphalt
  • Exterior Siding: Clapboard

Garage/Parking

  • Parking Spaces: 6.00
  • Parking Spaces Type: Off Street
  • Garage: None

Utilities

  • Electric Type: 100 Amp | Circuit Breaker
  • Fuel: Electric
  • Hot Water: Electric
  • Internet Service: Cable Available
  • Sewer: Public
  • Underground Oil Tank: Unk
  • Water: Public
  • Flood Hazard Area: Unk
  • Electric Meters Number: 4
  • Heat Cool Vent: Electric | Multizone
  • Heat Cool Vent Air Exchange System: No

Condo/Co-op/Association

  • Mandatory HOA: No

Lot Info

  • Estimated Acres: 0.83
  • Total Assessed Value: 481600.00
  • Assessed Year: 2024.00
  • Lot Description: Paved Drive
  • Lot Size Sq Ft: 36155.00
  • Map Ref: M:012 B:00 L:0000-0174.0
  • Right To Farm Comm: Yes
  • Zoning: Multi | Residential
  • Land Use Water Shed: No
  • Lot Dimensions: Irregular

Rental Info

  • Included In Rent: Parking

Tax Info

  • Taxes: 5477.52
  • Tax Year: 2024

Multi Family

  • No Of Units: 4 Family

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Apr 23, 2024
Sold by
Erickson & Pozzi Hm Llc
Bought by
Miller Viesinia M
Seller's Agent
Nick Geranios
WILLIAM PITT SOTHEBY'S - LENOX
Buyer's Agent
Diane Thorson
WILLIAM PITT SOTHEBY'S - GT BARRINGTON
List Price
$798,500
Sold Price
$735,000
Premium/Discount to List
-$63,500
-7.95%
Views
152
Current Estimated Value
$729,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,577
Avg. Annual Appreciation
-0.45%
Original Mortgage
$660,765
Outstanding Balance
$650,892
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,531

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 29, 2022
Sold by
Copeland Stephanie W
Bought by
Erickson & Pozzi Hm Llc
Seller's Agent
Lauren Rosen
LANCE VERMEULEN RE, INC
Buyer's Agent
Non Member
NON-MEMBER / RECIPROCAL
List Price
$599,000
Sold Price
$598,000
Premium/Discount to List
-$1,000
-0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%

Purchase Details

Closed on
May 13, 2014
Sold by
Nichols Peter A and Nichols Cynthia L
Bought by
Minor Barbara and Minor David

Purchase Details

Closed on
Sep 3, 2013
Sold by
Yokun Ridge Property M
Bought by
Nicholas Peter A and Nichols Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2005
Sold by
Goodman I Michael
Bought by
Copeland Stephanie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2005
Sold by
Welch Dennis G and Welch Kathleen L
Bought by
Yokun Ridge Prop Mgmt

Purchase Details

Closed on
Jul 12, 2002
Sold by
Sciacca Victoria
Bought by
Goodman I Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Miller Viesinia M $735,000 None Available
Miller Viesinia M $735,000 None Available
Miller Viesinia M $735,000 None Available
Erickson & Pozzi Hm Llc $598,000 None Available
Erickson & Pozzi Hm Llc $598,000 None Available
Erickson & Pozzi Hm Llc $598,000 None Available
Minor Barbara $125,000 --
Minor Barbara $125,000 --
Nicholas Peter A $250,000 --
Nicholas Peter A $250,000 --
Copeland Stephanie W $385,000 --
Copeland Stephanie W $385,000 --
Yokun Ridge Prop Mgmt $300,000 --
Yokun Ridge Prop Mgmt $300,000 --
Goodman I Michael $275,500 --
Goodman I Michael $275,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Viesinia M $660,765
Closed Miller Viesinia M $660,765
Previous Owner Nicholas Peter A $75,000
Previous Owner Copeland Stephanie W $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $735,000 -2.0% $287 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $749,850 -6.1% $293 / Sq Ft
12/28/2023 12/28/23 For Sale $798,500 +33.5% $312 / Sq Ft
08/05/2022 08/05/22 Sold $598,000 -0.2% $234 / Sq Ft View Prior Sale
06/10/2022 06/10/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $599,000 -- $234 / 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 $6,257 $556,200 $145,500 $410,700
2024 $5,399 $480,300 $149,800 $330,500
2023 $4,944 $417,900 $145,000 $272,900
2022 $5,194 $380,500 $138,200 $242,300
2021 $4,997 $340,400 $117,900 $222,500
2020 $4,934 $336,100 $118,300 $217,800
2019 $5,021 $339,700 $118,300 $221,400
2018 $4,917 $336,100 $120,400 $215,700
2017 $5,046 $342,800 $120,400 $222,400
2016 $5,677 $389,900 $120,400 $269,500
2015 $5,490 $389,900 $120,400 $269,500
2014 $5,637 $398,400 $116,100 $282,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 242239

Berkshire County Board of REALTORS®

APN: LEEE-000012-000000-000000-001740-001740