NOT LISTED FOR SALE

1 Salem St Spencer, MA 01562

Estimated Value: $371,000 - $435,000

4 Beds
2 Baths
1,800 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $263,000 $146 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,166/month

4 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Stone Wall
  • Wood Flooring
  • Tankless Water Heater

About This Home

As of June 2021

**Multiple offer situation** Seller will review offers by 5pm Monday 4/26** Buyer’s financing fell through. Inspections and appraisals done! Family built and owned for over a century, this fabulous two family is now available! Town water/sewer, three car garage and two decks on a small dead-end street. Updates in last ten years include: Insulation*roof**siding**20 plus windows**gutters**electric and some plumbing** four garage doors**. First floor offers an eat-in kitchen, hardwood flooring (under carpet as well) and baseboard heating; second floor has HVAC, offers large deck with sunset views, three bedrooms (one with no closet), and some hardwoods with eat-in kitchen. Pantry is being converted to a laundry room. Great opportunity for owner occupant or investor.

Last Agent to Sell the Property

Mary Stolarczyk

RE/MAX Vision Listed on: 04/22/2021

RE/MAX Vision

Last Buyer's Agent

Deborah Campanale

9 West Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40

Year Built

  • Built in 1880

Lot Details

  • Year Round Access
  • Stone Wall

Parking

  • 3 Car Garage

Interior Spaces

  • Window Screens
  • Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Water Holding Tank
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:00U07 B:00163 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40

Year Built

Built in 1880

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 149.94
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Floored Attic
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Flooring: Wall to Wall Carpet, Laminate, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Walk Out, Garage Access, Concrete Floor, Exterior Access
  • Main Lo: K95622
  • Main So: K95487
  • Estimated Sq Ft: 1800.00

Exterior Features

  • Frontage: 62.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck - Wood, Gutters, Screens, Stone Wall
  • Foundation: Concrete Block
  • Foundation Size: 24x38

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 2
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Tank, Tankless
  • Utility Connections: for Electric Range, for Electric Oven
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School

Lot Info

  • Assessments: 194300.00
  • Acre: 0.21
  • Lot Size: 9021.00
  • Page: 112
  • Parcel Number: M:00U07 B:00163 L:00000
  • Zoning: VR
  • Lot Description: Corner, Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 2744.00
  • Assessor Parcel Number: 1692658
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 24, 2021
Sold by
Bouley Aaron W
Bought by
Tarpey Debra B
Seller's Agent
Mary Stolarczyk
RE/MAX Vision
Buyer's Agent
Deborah Campanale
9 West Realty
List Price
$269,900
Sold Price
$263,000
Premium/Discount to List
-$6,900
-2.56%
Current Estimated Value
$397,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,846
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Nov 30, 2012
Sold by
Bouley Aaron and Bouley Kathleen A
Bought by
Bouley Aaron W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2005
Sold by
Bouley Aaron
Bought by
Bouley Aaron and Bouley Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Tarpey Debra B $263,000 None Available
Bouley Aaron W -- --
Bouley Aaron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bouley Aaron W $165,400
Previous Owner Bouley Aaron W $185,400
Previous Owner Bouley Aaron W $187,000
Previous Owner Bouley Aaron $156,500
Previous Owner Bouley Aaron $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $263,000 -2.6% $146 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $269,900 -- $150 / 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 $40 $337,400 $36,400 $301,000
2024 $3,553 $310,600 $36,400 $274,200
2023 $3,377 $280,000 $36,400 $243,600
2022 $3,389 $257,500 $33,100 $224,400
2021 $2,889 $205,800 $33,100 $172,700
2020 $2,744 $194,300 $33,100 $161,200
2019 $2,568 $185,300 $29,900 $155,400
2018 $2,178 $162,300 $34,800 $127,500
2017 $2,234 $159,800 $33,100 $126,700
2016 $2,126 $148,800 $33,100 $115,700
2015 $2,130 $155,800 $38,300 $117,500
2014 $2,049 $155,800 $38,300 $117,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72819131

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000163