NOT LISTED FOR SALE

18 Summit St Spencer, MA 01562

Estimated Value: $320,000 - $425,000

3 Beds
1.5 Baths
1,872 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $175,000 $93 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,043/month

46 Days on Market

Highlights

  • Colonial Architecture
  • Enclosed Patio or Porch
  • Property is near schools
  • Wood Flooring
  • Shops
  • Forced Air Heating System

About This Home

As of September 2022

Great investment opportunity! Contractors/Investors and creative minds alike, great potential. This property is being sold as-is, as-seen, and as-shown condition without any representation and or warranties expressed or implied. Buyer to perform their own due diligence and to verify any and all information.

Last Agent to Sell the Property

Patricia Revelli

Castinetti Realty Group Listed on: 03/02/2022

Last Buyer's Agent

Julio Carrera

USA Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1895

Lot Details

  • 5,549 Sq Ft Lot
  • Sloped Lot

Home Design

  • Colonial Architecture
  • Stone Foundation

Interior Spaces

  • 1,872 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near schools

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number M:00U06 B:00017 L:00000,1692320

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,510

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1895
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Vinyl, Carpet
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Basement: Full
  • Living Area: 1872
  • MAIN LO: AN4508
  • LIST PRICE PER Sq Ft: 105.5
  • PRICE PER Sq Ft: 93.48
  • MAIN SO: AN6671

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch - Enclosed
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, House of Worship, Public School

Lot Info

  • Parcel Number: M:00U06 B:00017 L:00000,1692320
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5549
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2510
  • Tax Book Number: 43127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Sep 28, 2022
Sold by
Young David E Est
Bought by
Landaverde Miguel R
Seller's Agent
Patricia Revelli
Castinetti Realty Group
Buyer's Agent
Julio Carrera
USA Realty LLC
List Price
$197,500
Sold Price
$175,000
Premium/Discount to List
-$22,500
-11.39%
Views
3
Current Estimated Value
$377,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,394
Avg. Annual Appreciation
28.09%
Original Mortgage
$238,095
Outstanding Balance
$229,176
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,158

Purchase Details

Closed on
Jul 24, 2008
Sold by
Lamoureux Cynthia and Snow Russell B
Bought by
Young David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,006
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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
Landaverde Miguel R $175,000 None Available
Young David E $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landaverde Miguel R $238,095
Previous Owner Young David E $123,728
Previous Owner Young David E $124,154
Previous Owner Young David E $127,006
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $175,000 -11.4% $93 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $197,500 -- $106 / 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 $37 $318,800 $34,800 $284,000
2024 $2,945 $257,400 $34,800 $222,600
2023 $2,607 $216,200 $34,800 $181,400
2022 $2,510 $190,700 $31,600 $159,100
2021 $2,475 $176,300 $31,600 $144,700
2020 $2,341 $165,800 $31,600 $134,200
2019 $2,295 $165,600 $28,600 $137,000
2018 $2,025 $150,900 $33,200 $117,700
2017 $1,991 $142,400 $31,600 $110,800
2016 $1,936 $135,500 $31,600 $103,900
2015 $1,891 $138,300 $37,100 $101,200
2014 $1,819 $138,300 $37,100 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72947747

MLS Property Information Network (MLS PIN)

APN: SPEN-000006U-000017