NOT LISTED FOR SALE

23 N Spencer Rd Spencer, MA 01562

Estimated Value: $426,891

3 Beds
3 Baths
1,845 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $265,000 $144 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,276/month

2 Days on Market

Highlights

  • Porch
  • Storage Shed
  • Wall to Wall Carpet

About This Home

As of May 2018

Looking for a great investment opportunity? This is it! 3 buildings on one corner lot in a desirable area! The main house has 3 one bedroom apartments. All units are rented,applianced, generous sized rooms, separate utilities & plenty of parking.The floor plans are different in all three. Exterior recently repainted. Beautiful meadow views and easy, quick access to the highways. Separate, detached, one room office with a new deck and unfinished loft for storage.( rented in the past @ 500.00 per month) Business zoned! Would also be great for an artist studio! Another detached building features a storage barn with 7 storage bays, various sizes, concrete floors renting @ 50.00 each per month. Walking trails nearby. Close to St. Josephs Abbey, Minutes to shopping, restaurants,library,highways. . New Septic to be installed by closing. .Build equity for your future! Small Investment, Big rewards, Unlimited potential!

Last Agent to Sell the Property

Donna Flannery

ERA Key Realty Services- Spenc Listed on: 03/15/2018

ERA Key Realty Services- Spenc

Last Buyer's Agent

Matthew Phillipo

The Neighborhood Realty Group

The Neighborhood Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44

Year Built

  • Built in 1934

Lot Details

  • 1.38

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • Electric Water Heater
  • Private Sewer

Additional Features

  • Window Screens
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00R39 B:00005 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 1200
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 140.92
  • Comp Based On: Net Sale Price
  • Year Built: 1934
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1934

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Varies Per Unit
  • Total Flrs: 4
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Bulkhead
  • Main Lo: K95310
  • Main So: AN3365
  • Estimated Sq Ft: 1845.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Gutters, Storage Shed, Screens, Varies per Unit
  • Foundation: Fieldstone
  • Foundation Size: irregular

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 15

Utilities

  • Sewer: Private Sewerage
  • Water: Private Water
  • Electric Features: Circuit Breakers
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Amenities: Shopping, Walk/Jog Trails, Highway Access

Lot Info

  • Assessments: 204800.00
  • Acre: 1.38
  • Lot Size: 60000.00
  • Page: 267
  • Parcel Number: M:00R39 B:00005 L:00000
  • Zoning: RR
  • Lot Description: Corner, Easements, Additional Land Avail., Scenic View(s)

Multi Family

  • Heat Units: 3
  • Total Levels: 4
  • Total Rent: 2500
  • Total Rms: 9
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 2748.00
  • Assessor Parcel Number: 1691455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 11, 2018
Sold by
Ford Joseph P and Ford Diana M
Bought by
Labrie Stacy and Jakubiak Keith
Seller's Agent
Donna Flannery
ERA Key Realty Services- Spenc
Buyer's Agent
Matthew Phillipo
The Neighborhood Realty Group
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Current Estimated Value
$426,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,891
Avg. Annual Appreciation
6.65%
Original Mortgage
$198,750
Outstanding Balance
$171,288
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$255,603
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
Labrie Stacy $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labrie Stacy $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $265,000 +1.9% $144 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $260,000 -- $141 / 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 $44 $376,700 $50,800 $325,900
2024 $3,997 $349,400 $50,800 $298,600
2023 $3,850 $319,200 $50,800 $268,400
2022 $3,886 $295,300 $45,900 $249,400
2021 $3,518 $250,600 $45,900 $204,700
2020 $3,447 $244,100 $45,900 $198,200
2019 $2,998 $216,300 $41,600 $174,700
2018 $2,748 $204,800 $48,100 $156,700
2017 $2,823 $201,900 $45,900 $156,000
2016 $2,801 $196,000 $45,900 $150,100
2015 $2,588 $189,300 $50,800 $138,500
2014 $2,489 $189,300 $50,800 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72293593

MLS Property Information Network (MLS PIN)

APN: SPEN-000039R-000005