NOT LISTED FOR SALE

126 Main St Spencer, MA 01562

15 Beds
12 Baths
10,151 Sq Ft
0.37 Acres

Last Sold December 23, 2014

Last sale price $400,000 $39 Per Sq Ft

454 Days on Market

About This Home

As of December 2014

Bring offers HIGHLY MOTIVATED SELLER. This building is a CASH COW. 5 Apts. 3 store fronts on Rte 9. There are 13 additional rooms on the third floor that are rented out weekly and monthly.Many long term tenants. Very clean with on site manager. Many updates over the past two years include: New large Furnace in basement, new windows, new roof, some new exterior metal doors, most siding, stores updated, and most baths updated. Rents could be increased. Manager gets free apartment in lieu of collecting rents and maintaining cleanliness of building. Manager willing to keep same arrangement with new owner. Some rooms on 2nd floor have been combined to create a 2 room suite. These can be converted back to generate more income.

Last Agent to Sell the Property

Michael Miele

Cameron Real Estate Group - Framingham Listed on: 08/26/2013

Last Buyer's Agent

Joan Honig

Joan B. Honig

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23

Year Built

1850

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1850

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Energy: Insulated Windows, Insulated Doors
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking Spaces: 0

Lot Info

  • Assessor Parcel Number: M:00U07 B:00001 L:00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2010
Sold by
126 Main St Llc and Spencer Sb
Bought by
Lismorris Llc

Purchase Details

Closed on
Apr 8, 2005
Sold by
Ekleberry Mark E and Perro
Bought by
126 Main St Llc
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
Lismorris Llc $55,000 --
Lismorris Llc $55,000 --
Lismorris Llc $55,000 --
126 Main St Llc $315,000 --
126 Main St Llc $315,000 --
126 Main St Llc $315,000 --
Ekleberry Mark E -- --
Ekleberry Mark E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 126 Op Llc $1,800,000
Closed South Middlesex Non Pr $1,750,000
Closed 126 Main St Llc $100,000
Closed 126 Main St Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $400,000 -20.0% $39 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
08/26/2013 08/26/13 For Sale $500,000 -- $49 / 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 $23 $192,900 $56,900 $136,000
2024 $3,367 $329,000 $56,900 $272,100
2023 $0 $299,500 $56,900 $242,600
2022 $0 $245,000 $51,600 $193,400
2021 $0 $259,700 $51,600 $208,100
2020 -- $263,000 $51,600 $211,400
2019 $0 $263,000 $51,600 $211,400
2018 $0 $263,000 $51,600 $211,400
2017 $0 $263,000 $51,600 $211,400
2016 $3,367 $235,600 $51,600 $184,000
2015 $3,221 $235,600 $51,600 $184,000
2014 $3,098 $235,600 $51,600 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71574851

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000001