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CondominiumResidential

700 Lees River Ave

SOMERSET, MA 02725
2.41 ac
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.
3
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.
Built 200515 units1,800–1,840 ft²
$7M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$469K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$256
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-11.6%vs the Somerset ZIP median sale $/ft² ($289)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
-6.1%per yeartypical hold 6.0 yrsfrom 7 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20052006200820102012201320222023
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20052006200820102012201320222023

20 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$443K$456K$469K$482K1,800 ft²1,808 ft²1,816 ft²1,824 ft²1,832 ft²1,840 ft²
3 bd
3 bed
15 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
3 bd · 2 ba · 1,800 ft²
6 units
3 bd · 2 ba · 1,840 ft²
5 units
3 bd · 2.5 ba · 1,840 ft²
3 units
One-off layouts
1 unit

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$443K–$443K
1 unit
$458K–$461K
4 units
$466K–$467K
2 units
$469K–$472K
6 units
$473K–$473K
1 unit
$482K–$482K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.93%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.0%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.8.9 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.0%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.55%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$447,657
Median tax billThe middle annual property tax bill among the building's units.$4,788
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 6Nov 22, 2023$395,000Unit 5Sep 30, 2022$379,000Unit 4May 27, 2022$340,000Unit 7Nov 2, 2021$345,000Unit 3Nov 18, 2013$183,000Unit 13May 31, 2012$192,000Unit 2Apr 13, 2012$185,250Unit 9Aug 31, 2011$200,000Unit 11Jul 25, 2011$206,000Unit 12May 28, 2010$266,500

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyBRISTOL
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
South Elementary SchoolB
Elementary · Grades KG–5 · 0.9 mi
M
Somerset Middle SchoolB-
Middle · Grades 6–8 · 1.0 mi
H
Somerset Berkley Regional High SchoolB-
High · Grades 9–12 · 1.8 mi

District: Somerset School District

Neighborhood · ZIP 02725These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.81
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.60

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.3,108
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.646 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$117,303
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$173,334
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

700 Lees River Ave # 1
3 bd · 2 ba · 1,840 ft²
$466K
700 Lees River Ave # 2
3 bd · 2 ba · 1,800 ft²
$443K
700 Lees River Ave # 3
3 bd · 2 ba · 1,840 ft²
$469K
700 Lees River Ave # 4
3 bd · 2 ba · 1,800 ft²
$458K
700 Lees River Ave # 5
3 bd · 2.5 ba · 1,840 ft²
$470K
700 Lees River Ave # 6
3 bd · 2 ba · 1,800 ft²
$470K
700 Lees River Ave
3 bd · 2 ba · 1,840 ft²
$473K
700 Lees River Ave # 8
3 bd · 2 ba · 1,800 ft²
$467K
700 Lees River Ave # 9
3 bd · 2.5 ba · 1,840 ft²
$470K
700 Lees River Ave # 10
3 bd · 2 ba · 1,800 ft²
$470K
700 Lees River Ave # 11
3 bd · 2 ba · 1,840 ft²
$458K
700 Lees River Ave # 12
3 bd · 2.5 ba · 1,800 ft²
$461K
700 Lees River Ave # 13
3 bd · 2 ba · 1,840 ft²
$482K
700 Lees River Ave # 14
3 bd · 2 ba · 1,800 ft²
$472K
700 Lees River Ave # 15
3 bd · 2.5 ba · 1,840 ft²
$458K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 700 Lees River Ave

How many units are in 700 Lees River Ave, Somerset, MA?

700 Lees River Ave, Somerset, MA has 15 residential units across built in 2005, according to county assessor records.

What is a unit at 700 Lees River Ave, Somerset, MA worth?

The median TopHap Estimate across the 15 units at 700 Lees River Ave, Somerset, MA is $468,981. That works out to $256 per square foot. Units run from 1,800 to 1,840 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 700 Lees River Ave, Somerset, MA expensive for Somerset?

Units at 700 Lees River Ave, Somerset, MA carry a median of $256 per square foot, 12% below the Somerset median of $289 per square foot.

How often do units sell at 700 Lees River Ave, Somerset, MA?

0 units at 700 Lees River Ave, Somerset, MA sold in the last 12 months, out of 20 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 700 Lees River Ave, Somerset, MA appreciated?

Across 7 repeat sales of the same unit, 700 Lees River Ave, Somerset, MA returned a median -6.1% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.0 years.

What floor plans does 700 Lees River Ave, Somerset, MA have?

The most common plan at 700 Lees River Ave, Somerset, MA is a 3-bedroom of 1,800 square feet, repeated 6 times, with a median estimate of $468,454. TopHap identifies 3 recurring plans in the building.

More homes on Lees River Ave

Closest homes

More homes in Somerset 02725

Assigned schools

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