Seller's Agent in 2021
Jim Glickman
NAI Glickman Kovago & Jacobs
(508) 459-4279
1 in this area
35 Total Sales
143 Main St Spencer, MA 01562
Estimated Value: $662,328
10
Beds
8
Baths
5,328
Sq Ft
$124/Sq Ft
Est. Value
About This Home
As of October 2021Incredible opportunity to own income generating retail and residential buildings in the central of Spencer! A truly rare find of 8 total units across 3 buildings. The retail space on ground level provides unparalleled visibility at the junction of route 31 and route 9 with traffic counts of 15,000 vehicles per day(to be verified?) Walking distance to shops, CVS, Price Chopper, restaurants and the many other amenities. The residential units are spread amongst two buildings which are set back and perched beautifully to capture the amazing views of the downtown with all it has to offer. The second building consists of 5 residential units (three 1 bedroom units and two 2 bedroom units). The third building consists of 2 residential units (one 1 bedroom and one 2 bedroom unit). Town water and sewer, off-street parking, tenants pay all utilities.
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 0.29
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 29, 2023
Sold by
Ortiz Robert and Ortiz Ruth
Bought by
Bamn Realty Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$544,429
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$117,899
Purchase Details
Listed on
Oct 6, 2020
Closed on
Oct 6, 2021
Sold by
Ingalls Rosanne G Est and Ingalls
Bought by
Ortiz Robert
Seller's Agent
Jim Glickman
NAI Glickman Kovago & Jacobs
Buyer's Agent
Jim Glickman
NAI Glickman Kovago & Jacobs
List Price
$750,000
Sold Price
$535,000
Premium/Discount to List
-$215,000
-28.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$428,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 14, 2019
Sold by
Ingalls James C Est and Ingalls
Bought by
Ingalls James C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bamn Realty Llc | -- | None Available | |
| Bamn Realty Llc | -- | None Available | |
| Ortiz Robert | $535,000 | None Available | |
| Ingalls James C | -- | -- | |
| Ingalls James C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bamn Realty Llc | $560,000 | |
| Closed | Bamn Realty Llc | $560,000 | |
| Previous Owner | Ortiz Robert | $428,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2021 10/06/21 | Sold | $535,000 | -10.7% | $100 / Sq Ft |
| 07/28/2021 07/28/21 | Pending | -- | -- | -- |
| 06/15/2021 06/15/21 | Price Changed | $599,000 | -7.7% | $112 / Sq Ft |
| 05/04/2021 05/04/21 | Price Changed | $649,000 | -7.2% | $122 / Sq Ft |
| 03/02/2021 03/02/21 | Price Changed | $699,000 | -6.8% | $131 / Sq Ft |
| 10/06/2020 10/06/20 | For Sale | $750,000 | -- | $141 / 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 | $6,910 | $588,600 | $38,000 | $550,600 |
| 2024 | $6,165 | $538,900 | $38,000 | $500,900 |
| 2023 | $6,087 | $504,700 | $38,000 | $466,700 |
| 2022 | $6,134 | $466,100 | $34,600 | $431,500 |
| 2021 | $5,405 | $385,000 | $34,600 | $350,400 |
| 2020 | $5,162 | $365,600 | $34,600 | $331,000 |
| 2019 | $4,861 | $350,700 | $29,600 | $321,100 |
| 2018 | $4,264 | $317,700 | $36,300 | $281,400 |
| 2017 | $4,418 | $316,000 | $34,600 | $281,400 |
| 2016 | $4,031 | $282,100 | $34,600 | $247,500 |
| 2015 | $3,994 | $292,200 | $39,700 | $252,500 |
| 2014 | $3,842 | $292,200 | $39,700 | $252,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Glickman
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72738130
APN: SPEN-000013U-000125
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