112 W Meadow Rd, Townsend, MA

Page 1

LAND FOR SALE

LOCKE BROOK RUN DEVELOPMENT LAND 112 W Meadow Road, Townsend, MA 01469

SALE PRICE:

$500,000

PRICE PER ACRE:

$82,102

LOT SIZE:

6.09 Acres

APN #:

004/0020/0000

ZONING:

RB2

MARKET:

Boston

SUB MARKET:

Middlesex

CROSS STREETS:

Route 119

KW COMMERCIAL 138 River Road, Suite 107 Andover, MA 01810

PROPERTY OVERVIEW Approved development, Locke Brook Run, which will consist of 20 two bedroom townhouse style condominium units on 5 ANR lots. The buildings are clustered together on a total of 6.09 acres accessed by 3 off-road driveways. Septic plans approved: shared systems designed by Ross Associates; one has already received BOH approval and the others are awaiting submission. Driveway plans, building drawings, and the DEP Order of Conditions will be provided. There is some flexibility for the final designs of the dwelling units. Town water is at the street. The site abuts 34+ acres of open space, access to which can be facilitated by a walking trail. The site is on the southern side of W. Meadow Rd. directly opposite the entrance to West Meadow Estates, a completed development of similar townhouse condominiums. All permits have been extended until October, 2017.

JANET FAULKNER Director, Senior Commercial Advisor 978.828.8944 janet.faulkner@kw.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

faulknercommercial.com/


LAND FOR SALE

LOCKE BROOK RUN DEVELOPMENT LAND 112 W Meadow Road, Townsend, MA 01469

KW COMMERCIAL 138 River Road, Suite 107 Andover, MA 01810

JANET FAULKNER Director, Senior Commercial Advisor 978.828.8944 janet.faulkner@kw.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

faulknercommercial.com/


LAND FOR SALE

LOCKE BROOK RUN DEVELOPMENT LAND 112 W Meadow Road, Townsend, MA 01469

KW COMMERCIAL 138 River Road, Suite 107 Andover, MA 01810

JANET FAULKNER Director, Senior Commercial Advisor 978.828.8944 janet.faulkner@kw.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

faulknercommercial.com/


LAND FOR SALE

LOCKE BROOK RUN DEVELOPMENT LAND 112 W Meadow Road, Townsend, MA 01469

POPULATION

1 MILE

5 MILES

10 MILES

TOTAL POPULATION

724

21,344

100,338

MEDIAN AGE

39.2

39.9

39.4

MEDIAN AGE (MALE) MEDIAN AGE (FEMALE)

37.2 40.6

38.8 41.1

38.4 40.9

HOUSEHOLDS & INCOME

1 MILE

5 MILES

10 MILES

TOTAL HOUSEHOLDS

254

7,445

35,376

# OF PERSONS PER HH

2.9

2.9

2.8

AVERAGE HH INCOME AVERAGE HOUSE VALUE

$78,659

$96,852 $378,848

$96,889 $372,596

RACE

1 MILE

5 MILES

10 MILES

% WHITE

93.0%

96.6%

94.2%

% BLACK

0.0%

0.4%

1.7%

% ASIAN

0.6%

0.6%

1.5%

% HAWAIIAN

0.0%

0.0%

0.0%

% INDIAN % OTHER

0.3% 3.6%

0.3% 1.0%

0.2% 1.0%

ETHNICITY % HISPANIC

1 MILE 6.5%

5 MILES 3.2%

10 MILES 4.0%

* Demographic data derived from 2010 US Census

KW COMMERCIAL 138 River Road, Suite 107 Andover, MA 01810

JANET FAULKNER Director, Senior Commercial Advisor 978.828.8944 janet.faulkner@kw.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

faulknercommercial.com/












Floor Plan “A”


Floor Plan “B”
































4

20

0

Map

Block

Lot

PROPERTY LOCATION No

Alt No

Direction/Street/City WEST MEADOW RD, WEST TOWNSE

112

TOTAL ASSESSED: !2319!

1 of 1 Lot

CARD

Lot

IN PROCESS APPRAISAL SUMMARY Use Code 130

Building Value

Yard Items

Land Size 6.090

Town of Townsend

Land Value 103,100

Total Value 103,100

Legal Description

User Acct GIS Ref

OWNERSHIP

Owner 1: BLACKBURN, SCOTT N. Owner 2: Owner 3: Street 1: 135 JEWITT ST. Street 2: Twn/City: PEPPERELL St/Prov: MA Cntry Postal:

Total Card Total Parcel

Own Occ: N Type:

TOWN OF TOWNSEND CONSERVATION 272 MAIN STREET TOWNSEND MA Cntry 01469

This Parcel contains 6.09 ACRES of land mainly classified as LAND

Code

Descrip/No

PREVIOUS ASSESSMENT Tax Yr 2014 2013 2012 2011 2010 2009 2008 2007

Use 130 130 130 130 130 130 130 130

Cat FV FV FV FV FV FV FV FV

Bldg Value

Amount

Grantor BLACKBURN AMPOLO, MARY L. N/A

Legal Ref 51352-187 48421-253 14002-347

Item Code Descip Z RA3 RA3 o n Census: Flood Haz: D s t

Date

% 100

/Parcel: N/A

Insp Date

Land Unit Type:

USER DEFINED

Parcel ID 4 20 0 Yrd Items Land Size Land Value Total Value Asses'd Value 0 6.09 105,400 105,400 105,400 0 6.09 112,000 112,000 112,000 0 6.09 122,900 122,900 122,900 0 6.09 128,300 128,300 128,300 0 6.09 128,300 128,300 128,300 0 6.09 126,100 126,100 126,100 0 46. 259,000 259,000 259,000 0 46. 219,900 219,900 219,900

Notes Year End Roll Year End Year End Roll Year End Year End YEAR END

TAX DISTRICT Type

Date Sale Code 8/25/2008 11/1/2006 MUL. PARCELS 7/3/1980 FAMILY

Date 12/19/2013 12/13/2012 12/16/2011 12/2/2010 12/14/2009 12/10/2008 12/10/2007 12/7/2006

Year End Roll

PAT ACCT. Sale Price

V Tst Verif 1 No No 250000 Yes No 0 Yes No

Assoc PCL Value

Number

Descrip

Amount

C/O

Last Visit

Fed Code

F. Descrip

Comment

Topo Street Traffic

PRINT Date

Time

01/11/15

21:44:44

LAST REV Date Time 10/15/12 11:02:28 apro 2319 Notes

FRONTAG Prior Id # 2: Prior Id # 3: Prior Id # 1: Prior Id # 2: Prior Id # 3: Prior Id # 1: Prior Id # 2: Prior Id # 3: ASR Map: Fact Dist: Reval Dist: Year: LandReason: BldReason:

Total SF/SM: 265280.41

ACTIVITY INFORMATION Date Result 4/20/2007 CYCLICAL 3/29/2001 INSPECTED

By 100 100

Name J Leavitt J Leavitt

Sign:

LUC Depth / No of Units Unit Type Land Type Fact PriceUnits 43560 SQUARE FE SITE 5.09 ACRES EXCESS

Total AC/HA: 6.09000

GIS Ref

Entered Lot Size Total Land:

Item Code Descrip PRIVATE WEL U 1 t l Exmpt

LAND SECTION (First 7 lines only) Use Description Code 130 LAND 130 LAND

103,100 103,100

Com. Int

BUILDING PERMITS PROPERTY FACTORS

103,100 103,100

Total Value per SQ unit /Card: N/A

SALES INFORMATION

NARRATIVE DESCRIPTION

OTHER ASSESSMENTS

6.090 6.090

Source: Market Adj Cost

PREVIOUS OWNER Owner 1: Owner 2: Street 1: Twn/City: St/Prov: Postal:

103,100

LT Base Value Unit Price Factor 0 2.15 0 2,000.

Parcel LUC: 130

LAND

Adj

Neigh

1.000 U 0.919 U

Neigh Neigh Influ Mod 1.00 1.00

Infl 1

%

Infl 2

Prime NB Desc:

Disclaimer: This Information is believed to be correct but is subject to change and is not warranteed.

%

Infl 3

%

Total: Database: FY2015

__/___/__

Appraised Alt Value Class 93,654 9,360

103,014 apro

%

Spl Credit

Spec J Code Fact Land

Use Value

Notes

93,700 9,400

Total:

103,100 2015


BATH FEATURES

EXTERIOR INFORMATION Type: Sty Ht: (Liv) Units: Foundation: Frame: Prime Wall: Sec Wall: Roof Struct: Roof Cover: Color: View / Desir:

Full Bath A Bath: 3/4 Bath: A 3QBth 1/2 Bath: A HBth: % OthrFix:

Total:

Kits: A Kits: Frpl: WSFlue:

More: N

Description

Location: Total Units: Floor: % Own: Name:

REMODELING

Phys Cond: Functional: % Economic: Special: Override: Total:

%

CALC SUMMARY

% AC: Central Vac: % Sprinkled:

SPEC FEATURES/YARD ITEMS Code

Rating: Rating: Rating: Rating:

DEPRECIATION

INTERIOR INFORMATION Avg Ht/FL: Prim Int Wall Sec Int Wall: Partition: Prim Floors: Sec Floors: Bsmnt Flr: Bsmnt Gar: Electric: Insulation: Int vs Ext: Heat Fuel: Heat Type: # Heat Sys: % Heated: Solar HW: % Com Wall

1st Res Grid Desc: # Units Level FY LR DR D K FR RR BR FB HB L O Other Upper Lvl 2 Lvl 1 Lower Totals RMs: BRs: Baths: HB

CONDO INFORMATION

Eff Yr Blt: Alt %: Fact: .

A Y/S Qty

Basic $ / SQ: Size Adj.: Const Adj.: Adj $ / SQ: Other Features: Grade Factor: Neighborhood Inf: LUC Factor: Adj Total: Depreciation: Depreciated Total: Size/Dim

Total Yard Items:

SKETCH

RESIDENTIAL GRID

OTHER FEATURES

GENERAL INFORMATION Grade: Year Blt: Alt LUC: Jurisdict: Const Mod: Lump Sum Adj:

COMMENTS

Rating: Rating: Rating: Rating: Rating: Rating: Rating:

0.0 % % % % % 0%

RES BREAKDOWN

Exterior: Interior: Additions: Kitchen: Baths: Plumbing: Electric: Heating: General:

No Unit

RMS

BRS

FL

Totals

SUB AREA Code

COMPARABLE SALES Rate

Parcel ID

Typ

Date

SUB AREA DETAIL Description

Area - SQ

Rate - AV

Undepr Value

Sale Price

Sub Area

% Usbl

Descrip

% Type

Qu

# Ten

1.00000000 8.00000000 0 1.00000000 1.00 0 0 0

Qual Con Year

WtAv$/SQ:

AvRate:

Juris. Factor: Special Features: 0 Final Total: 0 Unit Price

D/S Dep

Total Special Featues:

Ind.Val Size Ad

Val/Su Fin: Val/Su Net: Val/Su SzAd LUC

Fact NB Fa

Net Sketched Area: Gross Are

IMAGE PARCEL ID 4 20 0

Appr Value

JCod JFact

Total:

Juris. Value

Total: FinArea

AssessPro

Patriot Properties, Inc


MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE This disclosure is provided to you, the consumer, by the real estate agent listed on this form. Make sure you read both sides of this form. The reverse side contains a more detailed description of the different types of relationships available to you. This is not a contract. THE TIME WHEN THE LICENSEE MUST PROVIDE THIS NOTICE TO THE CONSUMER: All real estate licensees must present this form to you at the first personal meeting with you to discuss a specific property. The licensee can represent you as the seller (Seller's Agent) or represent you as the buyer (Buyer's Agent) and also can assist you as a facilitator. CONSUMER INFORMATION AND RESPONSIBILITY: Whether you are the buyer or seller you can choose to have the advice, assistance and representation of your own agent who works for you. Do not assume that a real estate agent works solely for you unless you have an agreement for that relationship. With your consent, licensees from the same firm may represent a buyer and seller in the same transaction. These agents are referred to as dual agents. Also a buyer and seller may be represented by agents in the same real estate firm as designated agents. The "designated seller or buyer agent" is your sole representative. However where both the seller and buyer provide written consent to have a designated agent represent them then the agent making such designation becomes a "dual agent" for the buyer and seller. All real estate agents must, by law, present properties honestly and accurately. They must also disclose known material defects in the real estate. The duties of a real estate agent do not relieve the consumers of the responsibility to protect their own interests. If you need advice for legal, tax, insurance or land survey matters it is your responsibility to consult a professional in those areas. Real Estate agents do not have a duty to perform home, lead paint or insect inspections nor do they perform septic system, wetlands or environmental evaluations.

RELATIONSHIP OF REAL ESTATE LICENSEE WITH THE CONSUMER (check one)

X Seller's agent

Buyer's agent

Facilitator

IF A SELLER'S OR BUYER'S AGENT IS CHECKED ABOVE COMPLETE THE SECTION BELOW: Relationship with others affiliated with (Check one)

Keller Williams Realty Success 7874 (Print name of real estate firm or business and license number)

The real estate agent listed below, the real estate firm or business listed above and all other affiliated agents have the same relationship with the consumer named herein (seller or buyer agency, not designated agency).

X Only the real estate agent listed below represents the consumer named in this form (designated seller or buyer agency). In this situation any firm or business listed above and other agents affiliated with the firm or business do not represent you and may represent another party in your real estate transaction. By signing below I, the real estate licensee, acknowledge that this disclosure has been provided timely to the consumer named herein.

(Signature of real estate agent)

Janet Ryan Faulkner (Printed name of real estate agent)

9516868 (License Number/Type)

(Today's Date)

By signing below I, the consumer, acknowledge that I have received and read the information in this disclosure.

(Signature of consumer)

(Printed name of consumer)

(Today's Date)

(Signature of consumer)

(Printed name of consumer)

(Today's Date)

Check here if the consumer declines to sign this notice.

Form No. 705 KW Commercial - Andover, 138 River Rd., Ste. 107 Andover, MA 01810 Phone: (978)269-5445 Janet Faulkner Produced with zipForm速 by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Fax:

112 W Meadow


TYPES OF AGENCY REPRESENTATION: SELLER'S AGENT A seller can engage the services of a real estate agent to sell his property (called the listing agent) and the real estate agent is then the agent for the seller who becomes the agent's client. This means that the real estate agent represents the seller. The agent owes the seller undivided loyalty, reasonable care, disclosure, obedience to lawful instruction, confidentiality and accountability, provided, however, that the agent must disclose known material defects in the real estate. The agent must put the seller's interests first and negotiate for the best price and terms for their client, the seller. (The seller may authorize sub-agents to represent him/her in marketing its property to buyers, however the seller should be aware that wrongful action by the real estate agent or sub-agents may subject the seller to legal liability for those wrongful actions). BUYER'S AGENT A buyer can engage the services of a real estate agent to purchase property and the real estate agent is then the agent for the buyer who becomes the agent's client. This means that the real estate agent represents the buyer. The agent owes the buyer undivided loyalty, reasonable care, disclosure, obedience to lawful instruction, confidentiality and accountability, provided, however, that the agent must disclose known material defects in the real estate. The agent must put the buyer's interests first and negotiate for the best price and terms for their client, the buyer. (The buyer may also authorize subagents to represent him/her in purchasing property, however the buyer should be aware that wrongful action by the real estate agent or sub-agents may subject the buyer to legal liability for those wrongful actions). (NON-AGENT) FACILITATOR When a real estate agent works as a facilitator that agent assists the seller and buyer in reaching an agreement but does not represent either the seller or buyer in the transaction. The facilitator and the broker with whom the facilitator is affiliated owe the seller and buyer a duty to present each property honestly and accurately by disclosing known material defects about the property and owe a duty to account for funds. Unless otherwise agreed, the facilitator has no duty to keep information received from a seller or buyer confidential. The role of facilitator applies only to the seller and buyer in the particular property transaction involving the seller and buyer. Should the seller and buyer expressly agree a facilitator relationship can be changed to become an exclusive agency relationship with either the seller or the buyer. DESIGNATED SELLER'S AND BUYER'S AGENT A real estate agent can be designated by another real estate agent (the appointing or designating agent) to represent either the buyer or seller, provided the buyer or seller expressly agrees to such designation. The real estate agent once so designated is then the agent for either the buyer or seller who becomes their client. The designated agent owes the buyer or seller undivided loyalty, reasonable care, disclosure, obedience to lawful instruction, confidentiality and accountability, provided, however, that the agent must disclose known material defects in the real estate. The agent must put their client's interests first and negotiate for the best price and terms for their client. In situations where the appointing agent designates another agent to represent the seller and an agent to represent the buyer then the appointing agent becomes a dual agent. Consequently a dual agent cannot satisfy fully the duties of loyalty, full disclosure, obedience to lawful instructions which is required of an exclusive seller or buyer agent. The dual agent does not represent either the buyer or the seller solely only your designated agent represents your interests. The written consent for designated agency must contain the information provided for in the regulations of the Massachusetts Board of Registration of Real Estate Brokers and Salespeople (Board). A sample designated agency consent is available at the Board's website at www.mass.gov/dpl/re. DUAL AGENT A real estate agent may act as a dual agent representing both the seller and buyer in a transaction but only with the express and informed consent of both the seller and buyer. Written consent to dual agency must be obtained by the real estate agent prior to the execution of an offer to purchase a specific property. A dual agent shall be neutral with regard to any conflicting interest of the seller and buyer. Consequently a dual agent cannot satisfy fully the duties of loyalty, full disclosure, obedience to lawful instructions which is required of an exclusive seller or buyer agent. A dual agent does, however, still owe a duty of confidentiality of material information and accounting for funds. The written consent for dual agency must contain the information provided for in the regulations of the Massachusetts Board of Registration of Real Estate Brokers and Salespeople (Board). A sample dual agency consent is available at the Board's website at www.mass.gov/dpl/re.

Form No. 705 Produced with zipForm速 by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026

www.zipLogix.com

112 W Meadow


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