NOT LISTED FOR SALE

48 Lake George Rd Wales, MA 01081

Wales Neighborhood

Estimated Value: $307,000 - $469,000

4 Beds
4 Baths
2,440 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $234,000 $96 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,557/month

58 Days on Market

Highlights

  • Deck
  • Tantasqua Regional High School Rated A
  • Wall to Wall Carpet

About This Home

As of December 2019

Wales - Country living and rental income to help pay your mortgage. This wonderful investment property located a short distance from Lake George has everything you could be looking for. The home is located in a quiet and peaceful setting with woods surrounding it. The Pike and 84 are minutes away to help with your commuting needs. This home is a turn-key opportunity for the investor or owner occupant. Both sides offer an open floor plan of living space on the first floor along with a bonus room and storage room in the lower walk-out level as well as both bedrooms and a full bath in the upper level. Plenty of paved off street parking and room to roam outdoors. Come see what opportunities lie ahead with this wonderful income producing property. No showings until the open house on Sunday October 27th 11:00 - 12:30.

Last Agent to Sell the Property

Kevin Moore

Executive Real Estate, Inc. Listed on: 10/21/2019

Executive Real Estate, Inc.

Last Buyer's Agent

Jaclyn Smith

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,805

Year Built

  • Built in 1989

Lot Details

  • 1.95

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Electric Water Heater
  • Private Sewer

Additional Features

  • Deck
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:1000 B:2110 L:0048-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,805

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 800
  • Year Built Description: Actual
  • List Price Per Sq Ft: 100.37
  • Comp Based On: Net Sale Price
  • Year Built: 1989
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet
  • Total Flrs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Fbh: 2
  • Total Hbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: M95273
  • Main So: AN4402
  • Estimated Sq Ft: 2440.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Poured Concrete
  • Foundation Size: 0000

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: Private Sewerage
  • Water: Private Water
  • Electric: 300
  • Electric Features: 200 Amps
  • Heat Zones: 12
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping, Walk/Jog Trails, Bike Path, Conservation Area

Lot Info

  • Assessments: 190900.00
  • Lot: 0048-0
  • Acre: 1.95
  • Lot Size: 84942.00
  • Page: 115
  • Parcel Number: M:1000 B:2110 L:0048-0
  • Zoning: Res
  • Lot Description: Wooded, Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Multi Family

  • Heat Units: 1
  • Total Levels: 4
  • Total Rent: 2200
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3492.00
  • Assessor Parcel Number: 3499895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Ramos Oscar
Bought by
Ramos Oscar and Ramos Anthony
Current Estimated Value
$406,940

Purchase Details

Closed on
Apr 21, 2004
Sold by
Lehberger Carolyn and Zollo Laura J
Bought by
Medz Nt

Purchase Details

Closed on
Apr 13, 1992
Sold by
Boca 201 Corp
Bought by
Zollo Robert G and Zollo Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
8.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1992
Sold by
Hb Assoc Co
Bought by
Boca 201 Corp
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
Ramos Oscar -- None Available
Medz Nt -- --
Zollo Robert G $99,000 --
Boca 201 Corp $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boca 201 Corp $120,000
Previous Owner Boca 201 Corp $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $234,000 -4.5% $96 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $244,900 -- $100 / 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 $4,805 $333,200 $54,700 $278,500
2024 $4,703 $318,400 $52,000 $266,400
2023 $4,417 $258,900 $45,500 $213,400
2022 $4,304 $232,400 $45,500 $186,900
2021 $4,504 $222,000 $45,500 $176,500
2020 $3,692 $190,900 $45,500 $145,400
2019 $3,492 $190,900 $45,500 $145,400
2018 $3,195 $179,100 $42,400 $136,700
2017 $3,118 $179,100 $42,400 $136,700
2016 $3,384 $182,400 $42,400 $140,000
2015 $3,068 $174,200 $42,400 $131,800
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: 72583433

MLS Property Information Network (MLS PIN)

APN: WALE-001000-002110-000048