NOT LISTED FOR SALE

41 S Lake Ave Otis, MA 01029

Estimated Value: $299,000 - $387,000

2 Beds
1 Bath
663 Sq Ft
$489/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $257,500 $388 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,913/month

12 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Cottage
  • Deck
  • 2 Fireplaces
  • Walking Distance to Water

About This Home

As of July 2022

Imagine waking up to sparkling lake views, heading out to your porch with a cup of coffee, and seeing beautiful lake views! This year-round tranquil cottage with lake rights can be yours!! If you have always dreamed of owning your very own lake cottage, now is your chance. This adorable cottage has been lovingly cared for and is awaiting its new owners. The lot is extra large to accommodate plenty of parking for all your guests. Once inside you enter through a screened-in porch and then into the kitchen with an eat-in dining area complete with a fireplace. Upstairs, there is a lovely 4-season porch, a living room with another fireplace, two bedrooms, and a full bath. The living room has direct access to a private deck overlooking the lake. The cottage has two oversized storage units too! Just a very short walk and you will find the association beach, great for all your lake activities, sailing in the summer and snowmobiling in the winter. Don't delay, make your appointment today!

Last Agent to Sell the Property

Claire Kenna

Berkshire Hathaway HomeServices Realty Professionals Listed on: 05/03/2022

Berkshire Hathaway HomeServices Realty Professionals

Last Buyer's Agent

Tanya Shepardson

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1955

Lot Details

  • 0.58 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Cottage
  • Concrete Perimeter Foundation

Interior Spaces

  • 663 Sq Ft Home
  • 2 Fireplaces
  • Finished Basement
  • Walk-Out Basement
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Propane Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:18B L:22,3458357

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1955

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1955
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Refrigerator, Propane Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Bathroom 1 Level: Second
  • Room Kitchen Level: First
  • Room Living Room Level: Second
  • Basement: Finished, Walk-Out Access
  • Accessibility Features: No
  • Living Area: 663
  • MAIN LO: AN7274
  • LIST PRICE PER Sq Ft: 399.7
  • PRICE PER Sq Ft: 388.39
  • MAIN SO: AN1149

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Private Road
  • Waterfront Features: Beach Front, Lake/Pond, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: Forced Air, Propane
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Parcel Number: M:18B L:22,3458357
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.58
  • Lot Size Area: 0.58
  • Lot Size Sq Ft: 25320
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 189

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1192
  • Tax Book Number: 5813

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2012
Sold by
Rosenson Joan L
Bought by
Joan L Rosenson T L and Joan Rosenson
Current Estimated Value
$324,432
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
Joan L Rosenson T L -- --
Joan L Rosenson T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloom Andrew L $193,125
Closed Bloom Andrew L $193,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $257,500 -2.8% $388 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $265,000 +82.8% $400 / Sq Ft
09/12/2016 09/12/16 Sold $145,000 +4.3% $219 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $139,000 -- $210 / 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 $1,642 $254,200 $68,000 $186,200
2024 $1,535 $236,900 $67,100 $169,800
2023 $1,433 $216,400 $44,500 $171,900
2022 $1,207 $155,700 $42,900 $112,800
2021 $1,192 $140,700 $42,900 $97,800
2020 $1,156 $138,600 $42,900 $95,700
2019 $1,148 $138,600 $42,900 $95,700
2018 $112 $138,600 $42,900 $95,700
2017 $954 $118,100 $42,900 $75,200
2016 $940 $119,800 $42,900 $76,900
2015 $1,022 $135,700 $50,000 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975639

MLS Property Information Network (MLS PIN)

APN: OTIS-000018B-000000-000022