NOT LISTED FOR SALE

1 First St Spencer, MA 01562

Estimated Value: $489,496 - $548,000

2 Beds
2 Baths
1,520 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $421,000 $277 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,177/month

27 Days on Market

Highlights

  • Private Water Access
  • Scenic Views
  • Open Floorplan
  • Spa
  • Waterfront
  • Deck

About This Home

As of December 2022

Back on market due to buyers financing issues! Life is better at Cranberry Meadow Lake! Live your dream of owning a waterfront property. Gorgeous, expansive lake views from the open floor plan. Beautiful, sun-filled living room complete with pellet stove and gorgeous cathedral beamed ceilings. Kitchen features lovely granite countertops and island with breakfast bar and updated lighting. A first floor bedroom/ flex room with ample closet space and an updated full bath complete the main level. Upstairs the newly carpeted master suite overlooks the living area, with high ceilings and your own en suite bathroom with jetted tub. Enjoy your morning cup of coffee on your composite deck overlooking a beautiful, peaceful lake. Storage shed, newly enclosed carport, and fenced-in yard complete the property. Welcoming and friendly lake community - swim, boat, kayak, and fish to your hearts content.

Last Agent to Sell the Property

Beth Mulholland

Board and Park, LLC License #449594535 Listed on: 10/05/2022

Last Buyer's Agent

Carla Horn

ERA Key Realty Services

ERA Key Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 3,200 Sq Ft Lot
  • Waterfront
  • Property fronts a private road
  • Street terminates at a dead end
  • Fenced
  • Property is zoned NA

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,520 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Decorative Lighting
  • Light Fixtures
  • 1 Fireplace
  • Picture Window
  • Sliding Doors
  • Sunken Living Room
  • Scenic Vista Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Parquet
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Pedestal Sink
  • Soaking Tub
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • Carport
  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Private Water Access
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Heating Zone
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Generator Hookup
  • 220 Volts
  • Power Generator
  • Private Water Source
  • Oil Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1693890

Community Details

Overview

  • Cranberry Meadow Lake Subdivision

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,333

Year Built

Built in 1940 | Remodeled

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Cottage
  • Year Built: 1940
  • Buyer Agency: 2
  • Subdivision Name: Cranberry Meadow Lake
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Parquet
  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Oil Water Heater,Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Wood, Exterior Access, Lighting - Overhead, Closet - Double
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Remodeled, Lighting - Sconce, Pedestal Sink
  • Bathroom 1 Level: Main
  • Bathroom 2 Features: Bathroom - Full, Flooring - Vinyl, Jacuzzi / Whirlpool Soaking Tub, Remodeled, Lighting - Sconce, Lighting - Overhead
  • Room Dining Room Features: Skylight, Vaulted Ceiling(s), Flooring - Wood
  • Room Dining Room Level: Main
  • Room Kitchen Features: Bathroom - Full, Flooring - Hardwood, Window(s) - Picture, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Dryer Hookup - Electric, Exterior Access, Open Floorplan, Washer Hookup
  • Laundry Features: Washer Hookup
  • Room Living Room Level: Main
  • Room Living Room Features: Wood / Coal / Pellet Stove, Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Flooring - Wood, Window(s) - Picture, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Slider, Sunken
  • Basement: Partial, Concrete, Unfinished
  • Accessibility Features: No
  • Living Area: 1520
  • Spa YN: Yes
  • MAIN LO: AN4222
  • LIST PRICE PER Sq Ft: 273.03
  • PRICE PER Sq Ft: 276.97
  • MAIN SO: K95310

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Deck - Composite, Covered
  • Road Frontage Type: Private Road, Dead End
  • Roof: Asphalt/Composition Shingles
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Lake, Pond, Frontage, Direct Access, Private
  • Waterfront YN: Yes

Garage/Parking

  • Attached Garage YN: No
  • Carport Y N: Yes
  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Carport, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Generator Connection
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: 220 Volts, Generator Connection
  • Heating YN: Yes
  • Water Source: Private
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Community Features: Park, Walk/Jog Trails, Bike Path
  • Senior Community YN: No
  • REQD OWN ASSOCIATION: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Parcel Number: 1693890
  • Zoning: NA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3200
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 175
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3333.43
  • Tax Book Number: 65478

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 25, 2021
Sold by
Freedman Martin D
Bought by
Robin Ann
Seller's Agent
Lisa Durant
Lamacchia Realty, Inc.
Buyer's Agent
Beth Mulholland
Board and Park, LLC
List Price
$375,000
Sold Price
$407,000
Premium/Discount to List
$32,000
8.53%
Current Estimated Value
$504,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,596
Avg. Annual Appreciation
4.87%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robin Ann $407,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Melissa $306,800
Closed Long Melissa $306,800
Closed Robin Ann $314,400
Previous Owner Freedman Martin D $93,000
Previous Owner Freedman Martin D $100,000
Previous Owner Freedman Martin D $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $421,000 +1.4% $277 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $415,000 0.0% $273 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $415,000 +2.0% $273 / Sq Ft
06/25/2021 06/25/21 Sold $407,000 +8.5% $268 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $375,000 -- $247 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $4,962 $422,700 $84,300 $338,400
2024 $4,833 $422,500 $84,300 $338,200
2023 $4,588 $380,400 $84,300 $296,100
2022 $3,333 $253,300 $68,900 $184,400
2021 $2,998 $213,500 $68,900 $144,600
2020 $2,676 $189,500 $68,900 $120,600
2019 $2,427 $175,100 $58,400 $116,700
2018 $2,371 $176,700 $68,000 $108,700
2017 $2,247 $160,700 $56,300 $104,400
2016 $2,261 $158,200 $56,300 $101,900
2015 $2,346 $171,600 $72,400 $99,200
2014 $2,257 $171,600 $72,400 $99,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73044830

MLS Property Information Network (MLS PIN)

APN: SPEN-000025U-000005