103 Mechanic St Spencer, MA 01562
2
Beds
2
Baths
1,750
Sq Ft
9,636
Sq Ft Lot
Highlights
- Property is near public transit
- 1 Car Garage
- Level Lot
- Shops
About This Home
As of January 2025What a fantastic opportunity to purchase a multi-family. Bring some elbow grease and make this home into a beautiful owner occupied home or lifetime investment. One vacant unit downstairs. This home has great bones, two 2 bedroom units, beautiful rounded porch, 1 car garage with loft, large yard, work area in basement and more. Close to shopping, restaurant's and schools. OPEN HOUSE CANCELLED
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,735
Year Built
- Built in 1862
Lot Details
- 9,636 Sq Ft Lot
- Level Lot
- Cleared Lot
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- 1,750 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
- Interior Basement Entry
- Block Basement Construction
Location
- Property is near public transit
- Property is near schools
Utilities
- 100 Amp Service
Community Details
- 2 Units
- Shops
- Net Operating Income $7,200
Listing and Financial Details
- Total Actual Rent $600
- Assessor Parcel Number M:00U02 B:00011 L:00000,1692063
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 1966
Bought by
Yarosz Elizabeth B and Yarosz Walter
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | Purchase Money Mortgage | |
| Closed | $285,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | Sold | $300,000 | +13.2% | $171 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $265,000 | -- | $151 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $30 | $258,400 | $40,800 | $217,600 |
| 2024 | $2,735 | $239,100 | $40,800 | $198,300 |
| 2023 | $2,617 | $217,000 | $40,800 | $176,200 |
| 2022 | $2,628 | $199,700 | $37,100 | $162,600 |
| 2021 | $2,286 | $162,800 | $37,100 | $125,700 |
| 2020 | $2,184 | $154,700 | $37,100 | $117,600 |
| 2019 | $2,036 | $146,900 | $33,400 | $113,500 |
| 2018 | $1,919 | $143,000 | $38,900 | $104,100 |
| 2017 | $1,974 | $141,200 | $37,100 | $104,100 |
| 2016 | $1,886 | $132,000 | $37,100 | $94,900 |
| 2015 | $1,904 | $139,300 | $42,900 | $96,400 |
| 2014 | $1,832 | $139,300 | $42,900 | $96,400 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Madigan
Seller's Agent in 2025
Shannon Madigan
Milestone Real Estate LLC
(413) 579-7749
1 in this area
65 Total Sales
-
Joann Impallaria
Buyer's Agent in 2025
Joann Impallaria
RE/MAX
(617) 838-1422
3 in this area
54 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73315092
APN: SPEN-000002U-000011
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