NOT LISTED FOR SALE

40 Franklin St Lee, MA 01238

Estimated Value: $568,000 - $782,000

3 Beds
2 Baths
2,781 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $375,000 $135 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,122/month

51 Days on Market

Highlights

  • Scenic Views
  • Wood Flooring
  • Hot Water Heating System
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of October 2015

Prime Location in the heart of downtown Lee! This solid brick extended cape home offers many possibilities. Previously set up as a business with 2 apartments plus finished basement/2 car garage under. Property abuts municipal parking lot. A Must See!

Last Agent to Sell the Property

Lisa Kelley

MACCARO REAL ESTATE License #9001913 Listed on: 06/17/2015

Last Buyer's Agent

Lisa Kelley

MACCARO REAL ESTATE License #9001913 Listed on: 06/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,783

Year Built

  • 1962

Lot Details

  • Property is zoned Business, Multi

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Fiberglass Roof
  • Masonry

Interior Spaces

  • 2,781 Sq Ft Home
  • Scenic Vista Views
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Parking

  • 2 Car Garage
  • Tuck Under Garage

Schools

  • Lee Elementary And Middle School
  • Lee High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,783

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Residential - Single Family
  • Property Type: Residential
  • Style: Cape
  • Accessibility: 1st Fl Bdrm | 1st Flr Full Bath
  • Construction: Masonry
  • Directions: Main to Franklin. Home is located on the corner of Franklin & High
  • Marketing Headline: Prime Location/Great Opportunity
  • Property Use Stat: Other
  • Views: Scenic
  • Estimated Year Built: 1962
  • Right Of Way: Unk
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Appliances Included: Range, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Total Full Baths: 2
  • Basement: Concrete Floor, Walkout, Garage Access, Full, Finished-Fully
  • Floor: Carpet | Wood
  • Floor Other: YES
  • Sq Ft Liv Apx: 2781.00
  • Total Rooms: 8

Exterior Features

  • Roof: Asphalt Shingles | Fiberglass
  • Exterior Siding: Brick

Garage/Parking

  • Garage Stalls: 2
  • Parking Spaces Type: Other
  • Garage: Under

Utilities

  • Electric Type: 100 Amp
  • Fuel: Oil
  • Hot Water: Oil
  • Sewer: Public
  • Underground Oil Tank: Unk
  • Water: Public
  • Flood Hazard Area: No | Unk
  • Heat Cool Vent: Hot Water

Schools

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

Lot Info

  • Estimated Acres: 0.55
  • Total Assessed Value: 408700.00
  • Assessed Year: 2014.00
  • Map Ref: M:019 B:0A L:0000-0040.0
  • Right To Farm Comm: Yes
  • Zoning: Business | Residential | Multi
  • Lot Dimensions: 23,958
  • Easement: Unk
  • Survey: Unk

Tax Info

  • Taxes: 5783.00
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Oct 15, 2015
Sold by
Lee Community Developm
Bought by
Jedko Properties Llc
Seller's Agent
Lisa Kelley
MACCARO REAL ESTATE
Buyer's Agent
Lisa Kelley
MACCARO REAL ESTATE
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$671,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,286
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Cerruti Peter E
Bought by
Lee Community Dev Corp
Source: Public Records

Range of Values:

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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
Jedko Properties Llc $375,000 --
Lee Community Dev Corp $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerruti Peter E $160,000
Previous Owner Cerruti Peter E $20,000
Previous Owner Cerruti Peter E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $375,000 -6.0% $135 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $399,000 -- $143 / 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 $4,979 $442,600 $111,900 $330,700
2024 $4,757 $423,200 $106,900 $316,300
2023 $4,842 $409,300 $102,700 $306,600
2022 $5,511 $403,700 $96,600 $307,100
2021 $4,803 $327,200 $81,200 $246,000
2020 $4,841 $329,800 $67,500 $262,300
2019 $4,978 $336,800 $69,200 $267,600
2018 $4,927 $336,800 $69,200 $267,600
2017 $5,346 $363,200 $101,500 $261,700
2016 $5,630 $386,700 $99,500 $287,200
2015 $5,445 $386,700 $99,500 $287,200
2014 $5,783 $408,700 $97,400 $311,300
Source: Public Records

Agents Affiliated with this Home

  • Lisa Kelley

    Seller's Agent in 2015

    Lisa Kelley

    MACCARO REAL ESTATE

    (413) 575-7447

    88 in this area

    143 Total Sales

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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 211663

Berkshire County Board of REALTORS®

APN: LEEE-000019-A000000-000000-000400-000400

Massachusetts Berkshire County Lee 01238

40 Franklin St, Lee, MA

This home is located at 40 Franklin St, Lee, MA 01238 since 17 June 2015 and is currently estimated at $671,286, approximately $241 per square foot. This property was built in 1962. 40 Franklin St is a home located in Berkshire County with nearby schools including Lee Elementary School, Lee Middle/High School, and St. Mary's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Berkshire County Board of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

The data relating to real estate for sale on this website comes from Berkshire County Board of Realtors and the Broker Reciprocity Program.
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