NOT LISTED FOR SALE

11 Rustic Ln Spencer, MA 01562

Estimated Value: $114,000 - $144,000

0.37 Acre
$348,649 Price per Acre
16,117 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $85,000

Est. 52% increase in value since last sale

Current estimated payment $720/month

27 Days on Market

About This Lot

As of November 2021

Over 88 feet of waterfront cleared land on Spencer’s only natural recreational lake, Lake Whittemore. 100 feet of road frontage. Field just mowed to show the beauty there is to offer here on this mostly undeveloped quiet street where birds and crickets will delight your senses as you take a dip on a hot day off the sandy shoreline. Luther Hill Park, a 14 acre recreational area with public beach is across the lake. No public boat launch makes this a private recreational 52+ acre lake for lots of water sports other than jet skis. . Approved septic design in hand, and 135 feet deep artesian well installed.Variance to build home would be needed.The waterfront outdoor stone fireplace was a favorite hang out place for the long time owners. smaller building may be permitted with no need for variance. Many possibilities! Start enjoying your summers by the lake!

Last Agent to Sell the Property

Lynda Hafner

ERA Key Realty Services- Spenc Listed on: 09/01/2021

ERA Key Realty Services- Spenc

Last Buyer's Agent

Lynda Hafner

ERA Key Realty Services- Spenc Listed on: 09/01/2021

ERA Key Realty Services- Spenc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25

Lot Details

Utilities

  • Natural Gas Not Available

Property Details

Property Type

Land

Est. Annual Taxes

$25

Lot Details

0

Listing Details

  • Property Type: Land
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: From Rt 9 Take Paxton to Wilson to Rustic
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • MAIN LO: K95310
  • MAIN SO: K95310

Exterior Features

  • Disclosures: Land Is Currently Classified As Residential Single Family As Opposed To Lakefront So Variance Would Be Needed To Build A Single Family Home For The Rear And Side Setback Applying For Variance Would Be Responsibility Of Buyer. Lake Allows Motorboats But Not Jet Skis
  • Lot Features: Cleared, Gentle Sloping
  • Waterfront Features: Waterfront, Beach Front, Lake, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Private,Public)
  • Waterfront: Yes

Utilities

  • Gas: None
  • Electric: At Street
  • Sewer: Other
  • Water Source: Private

Lot Info

  • LOT SIZE: 16323
  • PAGE: 91
  • Additional Parcels: No
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 16117.199999
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 152
  • Tax Book Number: 9699
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 15, 2021
Sold by
Lake Whittemore Spencr Rt
Bought by
Moose Pond Rt
Seller's Agent
Lynda Hafner
ERA Key Realty Services- Spenc
Buyer's Agent
Lynda Hafner
ERA Key Realty Services- Spenc
List Price
$135,000
Sold Price
$85,000
Premium/Discount to List
-$50,000
-37.04%
Current Estimated Value
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,000

Purchase Details

Closed on
Aug 15, 1986
Bought by
Lake Whit Spencer Rt
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moose Pond Rt $85,000 None Available
Lake Whit Spencer Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moose Pond Rt $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $85,000 -37.0% --
09/29/2021 09/29/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $135,000 -- --
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 $25 $214,900 $214,900 $0
2024 $136 $11,900 $11,900 $0
2023 $144 $11,900 $11,900 $0
2022 $142 $10,800 $10,800 $0
2021 $152 $10,800 $10,800 $0
2020 $152 $10,800 $10,800 $0
2019 $119 $8,600 $8,600 $0
2018 $149 $11,100 $11,100 $0
2017 $136 $9,700 $9,700 $0
2016 $146 $10,200 $10,200 $0
2015 $157 $11,500 $11,500 $0
2014 $151 $11,500 $11,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72888998

MLS Property Information Network (MLS PIN)

APN: SPEN-000017U-000022