NOT LISTED FOR SALE

615 Laurel St Lee, MA 01238

Estimated Value: $3,962,746

17 Beds
18 Baths
7,937 Sq Ft
$499/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2022

Last sale price $3,450,000 $435 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $23,113 / mo

238 Days on Market

Highlights

  • Docks
  • Lake View
  • 87,120 Sq Ft lot
  • Access To Lake
  • Waterfront
  • Deck

About This Home

As of December 2022

This historic landmark property, which is now known as The LakeHouse Inn, is situated on a cliff with panoramic views of Laurel Lake and its famous sunsets. Set on two well-manicured acres with over 500 ft of waterfront, this magnificent property has many outdoor gathering areas, gardens, rock walls, bluestone patios & pathways, outdoor gas fire pit, and a dock area with direct access to the water, perfect for swimming and boating. The property underwent a complete renovation in 2015 with respect for preserving its historic character with period details restored throughout and modernized for today's buyer. With completely new wiring & plumbing; mahogany porch and second floor balcony; commercial kitchen; mini split a/c units in every room; radiant heat throughout the first floor; new

Last Agent to Sell the Property

Maggie Gavin

WILLIAM PITT SOTHEBY'S - LENOX License #009529558 Listed on: 10/05/2021

WILLIAM PITT SOTHEBY'S - LENOX

Co-Listed By

Cody Gavin

WILLIAM PITT SOTHEBY'S - LENOX License #9554256

Last Buyer's Agent

Gladys Montgomery

WILLIAM PITT SOTHEBY'S - GT BARRINGTON License #9503225

WILLIAM PITT SOTHEBY'S - GT BARRINGTON

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,074

Year Built

  • 1903

Lot Details

  • 2 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Mature Landscaping
  • Historic Home
  • Property is zoned Business

Property Views

  • Lake
  • Scenic Vista
  • Hills

Home Design

  • 7,937 Sq Ft Home
  • Updated or Remodeled
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Fiberglass Roof
  • Wood Siding

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 17 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Garage
  • No Garage
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible
  • Accessible Approach with Ramp

Outdoor Features

  • Access To Lake
  • Docks
  • Deck
  • Exterior Lighting
  • Porch

Schools

  • Lee Elementary And Middle School
  • Lee High School

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Power Generator
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,074

Year Built

1903

Lot Details

2 Acres

Listing Details

  • Property Type: Residential - Single Family
  • Property Type: Residential
  • Style: Historic
  • Accessibility: 1st Fl Bdrm | Handicap Access | Accessible Approach with Ramp | 1st Flr Half Bath | 1st Flr Full Bath | 1st Flr Bdrm w/Bath
  • Condition: Recently Renovated
  • Construction: Wood Frame
  • Directions: Route 7/20 across just past the Lee boat ramp on the left.
  • Year Built Description: Renovated Since
  • Views: Hill/Mountain | Water | Scenic | Lake
  • Right Of Way: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1903

Interior Features

  • Appliances Included: Dishwasher, Washer, Range, Range Hood, Microwave, Freezer, Dryer
  • Total Bedrooms: 17
  • Total Bathrooms: 18.00
  • Total Full Baths: 16
  • Total Half Baths: 2
  • Basement: Bulk head, Unfinished, Sump Pump, Full, Interior Access, Concrete Floor
  • Interior Amenities: Backup Generator | Radiant Heat | High Speed Wiring | Inlaw/Guest Qtrs | Cable Available
  • Floor: Ceramic Tile | Wood
  • Floor Other: limestone
  • Sq Ft Liv Apx: 7937.00

Exterior Features

  • Exterior Amenities: Deck | Trash Private | Landscaped | Porch | Mature Landscaping | Lighting | Fenced-Partially | Dock
  • Roof: Asphalt Shingles | Fiberglass
  • Waterfront: Frontage on Water | Lake
  • Waterfront Lake Pond Name: Laurel
  • Exterior Siding: Wood

Garage/Parking

  • Parking Spaces Type: Garaged & Off-Street
  • Garage: None

Utilities

  • Electric Type: 400 Amp
  • Fuel: Nat Gas
  • Hot Water: Nat Gas
  • Sewer: Public
  • Underground Oil Tank: Unk
  • Water: Public
  • Flood Hazard Area: Unk
  • Heat Cool Vent: Ductless Wall Unit A/C System | Radiant | Hot Water

Lot Info

  • Estimated Acres: 2.00
  • Lot Size Sq Ft: 87120.00
  • Map Ref: LEE M:007 B:00 L:0000-0011.0
  • Right To Farm Comm: Yes
  • Zoning: Business | Residential
  • Lot Dimensions: 87120
  • Easement: Yes
  • Survey: Unk

Tax Info

  • Taxes: 17074.00
  • Tax Year: 2021

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Dec 6, 2022
Sold by
Bought by
Seller's Agent
Maggie Gavin
WILLIAM PITT SOTHEBY'S - LENOX
Buyer's Agent
Gladys Montgomery
WILLIAM PITT SOTHEBY'S - GT BARRINGTON
List Price
$3,975,000
Sold Price
$3,450,000
Premium/Discount to List
-$525,000
-13.21%
Views
10
Current Estimated Value
$3,962,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,746
Avg. Annual Appreciation
4.05%
Original Mortgage
$1,725,000
Outstanding Balance
$1,660,930
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,301,816

Purchase Details

Closed on
May 1, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.39%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,448,000 None Available
$585,000 --
$460,000 --
$600,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,725,000
Previous Owner $715,000
Previous Owner $488,000
Closed $122,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Sold $3,450,000 -13.2% $435 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
10/05/2021 10/05/21 For Sale $3,975,000 -- $501 / Sq Ft
Source: Berkshire County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,756 $1,756,100 $664,000 $1,092,100
2024 $19,525 $1,737,100 $645,000 $1,092,100
2023 $17,919 $1,514,700 $614,400 $900,300
2022 $15,876 $1,163,100 $430,000 $733,100
2021 $17,074 $1,163,100 $379,000 $784,100
2020 $17,186 $1,170,700 $380,000 $790,700
2019 $16,823 $1,138,200 $347,500 $790,700
2018 $16,460 $1,125,100 $334,400 $790,700
2017 $10,260 $697,000 $340,900 $356,100
2016 $10,148 $697,000 $340,900 $356,100
2015 $13,613 $966,800 $453,000 $513,800
2014 -- $917,700 $453,000 $464,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 235976

Berkshire County Board of REALTORS®

APN: LEEE-000007-000000-000000-000110-000110

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