NOT LISTED FOR SALE

38 Forest Lake Rd Palmer, MA 01069

Estimated Value: $264,000 - $360,000

2 Beds
1 Bath
925 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $226,000 $244 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,914/month

26 Days on Market

About This Home

As of November 2017

Escape from the city and watch the seasons change in this stunning year-round home set on quiet Forest Lake. Gorgeous water views, an open floor plan, multiple decks, and a beautifully landscaped lot make this home a must see. Home has been fully renovated with large cable-rail deck, custom cabinets in kitchen/dining room, new modern bathroom, solid hardwood floor in living room, pellet stove, and tankless on-demand water heater. Property includes a roll-in dock with boat. Meticulously restored and maintained inside and out. Just minutes to the Mass Pike (I-90). Located on a quiet dead-end street.

Last Agent to Sell the Property

Cherie Benoit

Keller Williams Boston MetroWest Listed on: 08/31/2017

Keller Williams Boston MetroWest

Last Buyer's Agent

Brandi Kane

Naples Realty Group

Naples Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • 1940

Lot Details

  • 6,534

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Lot Description: Cleared, Level, Steep Slope, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cottage
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: 220 Volts, Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Vinyl, Hardwood
  • Insulation: Full, Blown In, Fiberglass - Batts, Polyisocyanurate Board
  • Interior Amenities: Cable Available, Finish - Sheetrock
  • Basement: Partial
  • Bedroom 2: First Floor, 8X10
  • Bathroom #1: First Floor, 8X8
  • Kitchen: First Floor, 9X13
  • Living Room: First Floor, 12X20
  • Master Bedroom: First Floor, 10X10
  • Master Bedroom Description: Ceiling Fan(s), Closet, Main Level
  • Dining Room: First Floor, 13X10
  • Family Room: First Floor, 10X11
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Main Lo: K95491
  • Main So: AN1842
  • Estimated Sq Ft: 925.00

Exterior Features

  • Waterfront Property: Yes
  • Exterior: Shingles
  • Exterior Features: Deck - Wood, Deck - Composite, Gutters, Storage Shed, Professional Landscaping, Decorative Lighting, Screens, Garden Area, Stone Wall
  • Foundation: Concrete Block
  • Waterfront: Lake, Dock/Mooring, Frontage, Direct Access
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Improved Driveway, Stone/Gravel
  • Parking Spaces: 4

Utilities

  • Heat Zones: 5
  • Hot Water: Propane Gas, Tankless
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: Private Water

Lot Info

  • Assessor Parcel Number: M:36 B:95
  • Zoning: RR
  • Acre: 0.15
  • Lot Size: 6435.00

Multi Family

  • Foundation: 24 x 40
  • Waterview: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Nov 6, 2017
Sold by
Adshead Richard A and Adshead Darcy
Bought by
Salois Michael A
Seller's Agent
Cherie Benoit
Keller Williams Boston MetroWest
Buyer's Agent
Brandi Kane
Naples Realty Group
List Price
$232,000
Sold Price
$226,000
Premium/Discount to List
-$6,000
-2.59%
Current Estimated Value
$298,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,397
Avg. Annual Appreciation
3.46%
Original Mortgage
$156,000
Outstanding Balance
$81,909
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$216,488

Purchase Details

Closed on
Dec 29, 2006
Sold by
Culhane Michael J and Culhane Sylvia
Bought by
Adshead Darcy and Adshead Richard A

Purchase Details

Closed on
Feb 15, 2006
Sold by
Badalamenti-Orourke Kelly
Bought by
Culhane Michael J and Culhane Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2001
Sold by
Morand Yvonne P
Bought by
Badalamenti-Orourke K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salois Michael A $226,000 --
Adshead Darcy $149,000 --
Adshead Darcy $149,000 --
Culhane Michael J $127,800 --
Culhane Michael J $127,800 --
Badalamenti-Orourke K $45,000 --
Badalamenti-Orourke K $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salois Michael A $156,000
Closed Badalamenti-Orourke K $156,000
Previous Owner Culhane Michael J $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2017 11/06/17 Sold $226,000 -2.6% $244 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $232,000 -- $251 / 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 $4,246 $232,300 $122,100 $110,200
2024 $3,947 $211,400 $111,000 $100,400
2023 $3,939 $202,600 $111,000 $91,600
2022 $3,811 $178,100 $97,400 $80,700
2021 $3,924 $173,400 $108,100 $65,300
2020 $3,256 $142,800 $81,100 $61,700
2019 $3,106 $140,300 $81,100 $59,200
2018 $2,458 $111,300 $78,700 $32,600
2017 $2,401 $111,300 $78,700 $32,600
2016 $2,297 $108,000 $76,400 $31,600
2015 $2,228 $108,000 $76,400 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72221119

MLS Property Information Network (MLS PIN)

APN: PALM-000036-000000-000095