Seller's Agent in 2023
Amanda George
Lamacchia Realty, Inc.
(617) 347-0699
1 in this area
78 Total Sales
16 Prospect St Spencer, MA 01562
Estimated Value: $335,638 - $614,000
5
Beds
3
Baths
3,642
Sq Ft
$116/Sq Ft
Est. Value
About This Home
As of October 2023Take advantage of this incredible investment opportunity. This property has major value add potential, and would be fantastic for a first time buyer to improve the property while building generational wealth! Tenants are in place with leases. The property has a new roof, but there are many updates to be made, an amazing chance to gain equity in this competitive market!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,033
Year Built
- Built in 1847
Lot Details
- 6,930 Sq Ft Lot
Home Design
- 3,642 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Total Actual Rent $3,400
- Assessor Parcel Number M:00U07 B:00268 L:00000,1692762
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $40,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2012
Sold by
West Helen L
Bought by
West Helen L and Johnson Annmarie
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| West Helen L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Foster Virtual Svcs Llc | $345,000 | |
| Closed | Foster Virtual Svcs Llc | $242,800 | |
| Open | Scudder Bay Cap Llc | $20,000,000 | |
| Closed | Scudder Bay Capital Ll | $23,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2023 10/20/23 | Sold | $303,500 | +1.5% | $83 / Sq Ft |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- |
| 08/07/2023 08/07/23 | For Sale | $299,000 | +149.2% | $82 / Sq Ft |
| 11/15/2013 11/15/13 | Sold | $120,000 | -14.2% | $33 / Sq Ft |
| 10/16/2013 10/16/13 | Pending | -- | -- | -- |
| 07/29/2013 07/29/13 | For Sale | $139,900 | -- | $38 / 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 | $3,643 | $310,300 | $27,600 | $282,700 |
| 2024 | $4,265 | $372,800 | $27,600 | $345,200 |
| 2023 | $4,033 | $334,400 | $27,600 | $306,800 |
| 2022 | $4,052 | $307,900 | $25,100 | $282,800 |
| 2021 | $3,405 | $242,500 | $25,100 | $217,400 |
| 2020 | $3,222 | $228,200 | $25,100 | $203,100 |
| 2019 | $3,028 | $218,500 | $22,600 | $195,900 |
| 2018 | $2,649 | $197,400 | $30,100 | $167,300 |
| 2017 | $2,740 | $196,000 | $28,700 | $167,300 |
| 2016 | $2,595 | $181,600 | $28,700 | $152,900 |
| 2015 | $2,463 | $180,200 | $33,400 | $146,800 |
| 2014 | $2,370 | $180,200 | $33,400 | $146,800 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda George
-
Gerard George
Seller Co-Listing Agent in 2023
Gerard George
Lamacchia Realty, Inc.
(781) 964-4216
1 in this area
22 Total Sales
-
Jones Team
J
Buyer's Agent in 2023
Jones Team
Jones and Jones Realty, Inc.
(774) 696-7002
3 in this area
38 Total Sales
-
Dorrinda O'Keefe-Shea
Seller's Agent in 2013
Dorrinda O'Keefe-Shea
Century 21 North East
(978) 434-1990
3 in this area
130 Total Sales
-
T
Buyer's Agent in 2013
Team Member
RE/MAX
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73145448
APN: SPEN-000007U-000268
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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