NOT LISTED FOR SALE

47 Lake St Webster, MA 01570

Estimated Value: $338,673 - $529,000

6 Beds
3 Baths
2,702 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $310,000 $115 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,522/month

2 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • 4-minute walk to Guenther Square
  • Park
  • Heating Available

About This Home

As of August 2023

OPEN HOUSE FRIDAY 6/23 from 11:00-12:00 ----SHOWINGS THROUGH OPEN HOUSES ONLY----Great investment property in downtown Webster. Easy access to route 395. All mechanical and electrical systems in good shape and working properly. Paved off-street parking with storage shed in rear. Rent includes water and trash pickup.

Last Agent to Sell the Property

Jay Falone

RE/MAX Executive Realty Listed on: 06/21/2023

RE/MAX Executive Realty

Last Buyer's Agent

Matthew Marzeotti

Byrnes Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,702 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,775
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Block 21
  • Assessor Parcel Number M:14 B:F P:22,1746504

Community Details

Recreation

  • Park

Building Details

  • Insurance Expense $2,652
  • Water Sewer Expense $2,434
  • Operating Expense $14,034
  • Net Operating Income $19,266

Additional Features

  • 3 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,378

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: neg
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2702
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 122.13
  • PRICE PER Sq Ft: 114.73
  • MAIN SO: AN7224

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Frontage Length: 66
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2434

Lot Info

  • Parcel Number: M:14 B:F P:22,1746504
  • Zoning: MR-12,
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Sq Ft: 16225
  • Lot Size Units: Acres
  • PAGE: 316
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3378
  • Tax Block: 21
  • Tax Book Number: 52510
  • Tax Lot: 0
  • Tax Map Number: 14F

Multi Family

  • Gross Income: 33100
  • Insurance Expense: 2652
  • Net Operating Income: 19266
  • Number Of Units Total: 3
  • Operating Expense: 14034
  • Total Actual Rent: 2775
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2004
Sold by
Wilson Lisa R and Wilson Paul H
Bought by
Desrosiers Richard
Current Estimated Value
$412,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2000
Sold by
Mailloux Joseph A
Bought by
Wilson Paul H and Wilson Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Desrosiers Richard $87,790 --
Wilson Paul H $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desrosiers Richard $117,500
Previous Owner Wilson Paul H $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $310,000 -6.1% $115 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $330,000 -- $122 / 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 $4,048 $340,700 $62,500 $278,200
2024 $3,991 $327,700 $60,100 $267,600
2023 $3,378 $270,200 $52,100 $218,100
2022 $3,131 $224,300 $50,600 $173,700
2021 $3,006 $199,100 $50,600 $148,500
2020 $2,754 $182,900 $50,600 $132,300
2019 $2,592 $169,100 $50,600 $118,500
2018 $2,472 $160,600 $50,600 $110,000
2017 $2,304 $152,300 $49,500 $102,800
2016 $2,306 $152,300 $49,500 $102,800
2015 $2,193 $149,400 $48,500 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73127509

MLS Property Information Network (MLS PIN)

APN: WEBS-000014-F000000-000022