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4 Otis Street

4 Otis Street, Milford, MA 01757
Property in Milford
Sold Jun 14, 2021
$270,000
$187,000 by United Wholesale Mortgage
Mortgage Due Jun 14, 2051
Sold Feb 21, 2014
$50,000
Local assessors in Milford, MA have categorized 4 Otis Street as a residential type of property. The home was built in 1880 and is 144 years old. The property's lot size has been calculated to be 8,202 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4 Otis Street has a total of 1,445 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jun 14, 2021 for $270,000. That's $186.85 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $50,000. 4 Otis Street was last assessed in 2024. The total value of the property was assessed at $331,700. Specifically, the land the property is located on was valued at $145,300. While improvements on the property were assessed at a total of $186,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,408. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 826
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,202
  • Total Building Area: 1,445
  • Gross Building Area: 2,767
  • Building Area: 1,445
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,445
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RIZOLI JOSEPH E
  • Current Owner 2: RIZOLI AMANDA
  • Previous Owner : RIZOLI PETER J
  • Owner Before Previous Owner: RIZOLI PETER J
  • Owner Before Previous Owner 2: RIZOLI JOHN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milford School District
  • School Tax School District: MILFORD SD
  • Census Tract: 744201

Zoning

  • Zoning: RA

Geography

  • Parcel: MILF M:52 B:000 L:219
  • Lot: 219
  • Municipality: MILFORD
  • Latitude: 42.1349
  • Longitude: -71.5222

    Address

  • Full Address: 4 Otis St
  • Address - House Number: 4
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Milford
  • Carrier Code: C001
  • 4-Digit Zip Code: 3216
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,408

    Appraisal Valuation

  • Standard Deviation: 0.2736
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 385,164
  • High Value: 490,580
  • Low Value: 279,748

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $187,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 14, 2051
  • Second Open Lien Mortgage Lender: DIGITAL FCU
  • Second Open Lien Mortgage Recording Date: Dec 26, 2023
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2034

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,700
  • Assessed Land Value: $145,300
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11840819222
  • Current Sale Price: $270,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 81744
  • Previous Sale Recording Date: Feb 21, 2014
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $187,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Nearby Rentals

Unit for rent at

$3,950 /mo

  • 4 Beds
  • 2 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 4 Otis Street located in?
The 4 Otis Street is a located in the neighborhood of Milford in Milford, Milford.
What is the average sales price for listings in 4 Otis Street?
The average sales price for units in 4 Otis Street is $0 currently.

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