NOT LISTED FOR SALE

25 Mechanic St Spencer, MA 01562

Estimated Value: $425,182 - $525,000

5 Beds
3 Baths
2,418 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $263,000 $109 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,841/month

75 Days on Market

About This Home

As of December 2020

Updates include concrete floor in basement with New oil tank and sewer line. Also upstairs unit electrical updated. The first unit has been remodeled ! This 3 family is a Great investment opportunity that's Self sufficient . Short distance to center of town. Easy access to RT 9 and 15 minutes to Worcester. All units have been rented for many years. Each unit has laundry hook ups . 2 New water heaters have been installed . Off street parking for 5 to 6 cars. Front porch and side roofs are new ! Rent on top floor could be much higher.Call Now for a private showing !

Last Agent to Sell the Property

Brian Trottier

Byrnes Real Estate Group LLC Listed on: 08/21/2020

Last Buyer's Agent

Candor Realty Group

Four Points Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,663

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 3300
  • Year Built Description: Actual
  • List Price Per Sq Ft: 111.25
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Total Flrs: 4
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Main Lo: K95491
  • Main So: AN5498
  • Estimated Sq Ft: 2418.00

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 220

Lot Info

  • Assessments: 150900.00
  • Acre: 0.13
  • Lot Size: 5721.00
  • Page: 319
  • Zoning: multi
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 2611
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 2130.71
  • Assessor Parcel Number: 1692547
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Craig Anthony
Bought by
Quill Julia and Paulino Antonio
Current Estimated Value
$470,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Outstanding Balance
$347,354
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$123,192

Purchase Details

Listed on
Aug 21, 2020
Closed on
Dec 7, 2020
Sold by
Casello Nicholas A and Mathews Jacqueline
Bought by
Craig Anthony
Seller's Agent
Brian Trottier
Byrnes Real Estate Group LLC
Buyer's Agent
Candor Realty Group
Four Points Real Estate, LLC
List Price
$272,000
Sold Price
$263,000
Premium/Discount to List
-$9,000
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$258,236
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2013
Sold by
Jolicoeur Ave Inc
Bought by
Casello Nicholas A and Mathews Jacqueline

Purchase Details

Closed on
Jan 25, 2013
Sold by
Casello Nicholas A and Mathews Jacqueline
Bought by
Jolicoeur Ave Inc

Purchase Details

Closed on
Jan 4, 2007
Sold by
Jolicoeur Ave Inc
Bought by
Mathews Jacqueline and Casello Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Quill Julia $375,000 Misc Company
Craig Anthony $263,000 None Available
Casello Nicholas A -- --
Jolicoeur Ave Inc -- --
Mathews Jacqueline $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quill Julia $368,207
Previous Owner Craig Anthony $258,236
Previous Owner Mathews Jacqueline $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $263,000 -2.2% $109 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $269,000 -1.1% $111 / Sq Ft
09/25/2020 09/25/20 Price Changed $272,000 0.0% $112 / Sq Ft
09/25/2020 09/25/20 For Sale $272,000 +3.4% $112 / Sq Ft
09/09/2020 09/09/20 Off Market $263,000 -- --
08/21/2020 08/21/20 For Sale $259,987 -- $108 / 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 $4,496 $383,000 $27,100 $355,900
2024 $4,022 $351,600 $27,100 $324,500
2023 $3,329 $276,000 $27,100 $248,900
2022 $3,351 $254,600 $24,700 $229,900
2021 $2,242 $159,700 $24,700 $135,000
2020 $2,131 $150,900 $24,700 $126,200
2019 $1,997 $144,100 $22,300 $121,800
2018 $1,796 $133,800 $29,600 $104,200
2017 $1,851 $132,400 $28,200 $104,200
2016 $1,909 $133,600 $28,200 $105,400
2015 $2,182 $159,600 $33,000 $126,600
2014 $2,099 $159,600 $33,000 $126,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72713838

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000052