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163 Island Road

163 Island Road, Lunenburg, MA 01462
Property in Lunenburg
Sold Mar 02, 2015
Transfer
$358,000 by Webster Five Cents Savings Ban
Mortgage Due Aug 01, 2050
Sold Oct 29, 2013
$273,000
$275,000 by United Bank
Mortgage
163 Island Road has been categorized by the local assessors in Lunenburg, MA as a residential type of property. The building on the property was first built in 2014 and is 10 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 163 Island Road has 3,530 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 800 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 14,985 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with steel control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $273,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $15,940 in taxes each year. 163 Island Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,090,300. If we break it down further, the land itself was valued at $498,700. Improvements to the property, however, were assessed at a total of $591,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Steel
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 800
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,985
  • Total Building Area: 3,530
  • Gross Building Area: 6,974
  • Building Area: 3,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,530
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEVINE JOSEPH M
  • Current Owner 2: LEVINE AMANDA M
  • Previous Owner : 163 ISLAND ROAD RT
  • Owner Before Previous Owner: SULLIVAN KERRY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lunenburg School District
  • School Tax School District: LUNENBURG SD
  • Census Tract: 712101

Zoning

  • Zoning: RA

Geography

  • Account Number: 1620230000700000
  • Parcel: LUNE M:023.0 B:0007 L:0000.0
  • Block: 7
  • Municipality: LUNENBURG
  • Latitude: 42.618
  • Longitude: -71.7108

    Address

  • Full Address: 163 Island Rd
  • Address - House Number: 163
  • Address - Street Name: Island
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 1148
  • Zip Code: 01462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,940

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 1,263,615
  • High Value: 1,431,049
  • Low Value: 1,096,180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,000
  • First Open Lien Mortgage Lender: WEBSTER FIVE CENTS SAVINGS BAN
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Loan Amount: $358,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,090,300
  • Assessed Land Value: $498,700
  • Assessed Improvements Value: $591,600

    Sales

  • Current Sale Recording Date: Mar 02, 2015
  • Current Sale Transaction ID: 1052049106
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2600
  • Previous Sale Recording Date: Oct 29, 2013
  • Previous Sale Amount: $273,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: WEBSTER FIVECENT SVGS
  • First Mortgage Transaction Date: Mar 02, 2015
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNITED BANK
  • Previous Mortgage Transaction Date: Oct 29, 2013
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Worcester



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,860 /mo

  • 2 Beds
  • 2 Baths
  • 1,084 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 163 Island Road located in?
The 163 Island Road is a located in the neighborhood of Lunenburg in Worcester, Lunenburg.
What is the average sales price for listings in 163 Island Road?
The average sales price for units in 163 Island Road is $0 currently.

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