NOT LISTED FOR SALE

40 Summer Rd Berlin, MA 01503

Estimated Value: $637,000 - $897,586

5 Beds
4 Baths
4,289 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $469,062 $109 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,082/month

29 Days on Market

About This Home

As of November 2016

FLEXIBLE FLR PLAN ALLOWS FOR 2-FAM + AU-PAIR. Here is your rare opportunity to own a multi family in the Town of Berlin. Home is currently in use as a single family (easily used as two family). This home has plenty of parking and a 3 car garage. Some of the extensive upgrades include the kitchen with granite counters and Stainless Steel appliances. Enjoy the convenience of today with the charm of yesterday. Updated bathrooms a new 5 bedroom septic system and well in 2013 are just a few of the improvements. The main house has 3 bedrooms, 2 baths and a finished, walk-up attic. The second unit has separate entrances for the 3 bedroom, 1 bath and living room addition which has it's own basement. An at home office, teen suite or rent-able apartment has a full bath, kitchen, living room, bedroom and separate entrance. The lush lawn is lined with a stonewall and plenty of room for outdoor activities. Possibilities are endless! This is a MUST SEE HOME!

Last Agent to Sell the Property

Robin Frank

ERA Key Realty Services - Distinctive Group Listed on: 08/16/2016

ERA Key Realty Services - Distinctive Group

Last Buyer's Agent

Bob Zakrzewski

Terra Firma Realty License #449505106

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $97

Year Built

  • 1867

Lot Details

  • 1.87

Utilities

  • Private Sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$97

Year Built

1867

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1867

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 13
  • Electric: Circuit Breakers
  • Basement: Interior Access
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood, Vinyl
  • Exterior Features: Porch, Deck, Deck - Roof, Patio, Covered Patio/Deck, Gutters
  • Foundation: Irregular

Garage/Parking

  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Hot Water: Oil
  • Sewer: Private Sewerage
  • Water: Shared Well

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: res

Multi Family

  • Heat Units: 2
  • Common Room: Laundry
  • Total Bedrooms: 5
  • Total Fireplaces: 2
  • Total Floors: 2
  • Total Full Baths: 4
  • Total Levels: 3
  • Total Rms: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Nov 29, 2016
Sold by
Mckean Joshua A and Mckean Kristen M
Bought by
Fair David J and Fair Stephanie
Seller's Agent
Robin Frank
ERA Key Realty Services - Distinctive Group
Buyer's Agent
Bob Zakrzewski
Terra Firma Realty
List Price
$500,000
Sold Price
$469,062
Premium/Discount to List
-$30,938
-6.19%
Current Estimated Value
$778,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,335
Avg. Annual Appreciation
5.84%
Original Mortgage
$445,609
Outstanding Balance
$356,789
Interest Rate
3.25%
Mortgage Type
Unknown
Estimated Equity
$421,608

Purchase Details

Closed on
Jan 25, 2013
Sold by
Larkin Patrick J and Clinton Savings Bank
Bought by
Mckean Kristen M and Clinton Savings Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,600
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2011
Sold by
Larkin Patrick J and Larkin Carol A
Bought by
Berlin Town Of

Purchase Details

Closed on
Nov 29, 2010
Sold by
Larkin Patrick J and Larkin Carol A
Bought by
Midnight Rt

Purchase Details

Closed on
Sep 19, 2002
Sold by
Roach Paul
Bought by
Partner Inc

Purchase Details

Closed on
Apr 6, 2001
Sold by
Graham Barry P and Graham Diane M
Bought by
Larkin Patrick J and Larkin Carol A
Source: Public Records

Range of Values:

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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
Fair David J $469,062 --
Mckean Kristen M $347,000 --
Berlin Town Of $3,777 --
Midnight Rt -- --
Partner Inc $345,000 --
Larkin Patrick J $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fair David J $445,609
Previous Owner Mckean Kristen M $317,600
Previous Owner Larkin Patrick J $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $469,062 -6.2% $109 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $500,000 -- $117 / 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 $97 $682,500 $280,800 $401,700
2024 $8,702 $682,500 $280,800 $401,700
2023 $7,911 $571,600 $243,800 $327,800
2022 $7,587 $485,400 $203,500 $281,900
2021 $7,285 $467,600 $193,400 $274,200
2020 $7,316 $463,300 $179,100 $284,200
2019 $8,005 $457,700 $179,100 $278,600
2018 $6,658 $456,000 $167,400 $288,600
2017 $8,381 $528,800 $170,500 $358,300
2016 $7,657 $482,200 $181,500 $300,700
2015 $7,522 $467,500 $174,000 $293,500
2014 $7,153 $429,100 $174,000 $255,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72054004

MLS Property Information Network (MLS PIN)

APN: BERL-000070-000005