NOT LISTED FOR SALE

25 Summit St Spencer, MA 01562

Estimated Value: $381,020 - $552,000

6 Beds
3 Baths
3,385 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $255,000 $75 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,527/month

64 Days on Market

About This Home

As of February 2020

First time on the Market! Looking for a sound investment? This Three family nestled in a nice neighborhood could be the one! Nice, spacious apartments!(3 bdrm, 2 bdrm. 1 bdrm) Walk to bus line, shopping, Luthur Hill park, High School. 1st floor, 3 bedroom apartment & common areas have a delead certificate Updated Roof, windows,water heater,furnace,water/sewer lines from the house to the street. Wonderful, large yard! Tenants pay own utilities except for Water/Sewer. Delead cert for the 1st floor & common areas.Perfect for the 1st time investor where you could live in one unit and the other two will be huge mortgage helpers. A great place to start!

Last Agent to Sell the Property

Donna Flannery

ERA Key Realty Services- Spenc Listed on: 11/04/2019

ERA Key Realty Services- Spenc

Last Buyer's Agent

The Robles Team

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.43

Additional Features

  • Window Screens
  • Porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00U06 B:00031 L:00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 1500
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 75.33
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Varies Per Unit
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: K95310
  • Main So: K95491
  • Estimated Sq Ft: 3385.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Screens
  • Foundation: Fieldstone
  • Foundation Size: 1292

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 244
  • Electric Features: Circuit Breakers
  • Hot Water: Varies Per Unit
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School

Lot Info

  • Assessments: 217200.00
  • Acre: 0.43
  • Lot Size: 18731.00
  • Page: 344
  • Parcel Number: M:00U06 B:00031 L:00000
  • Zoning: VR
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 2200
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 3010.00
  • Assessor Parcel Number: 1692334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2004
Sold by
Carlson Mary Anne
Bought by
Mcintyre Mark L
Current Estimated Value
$482,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,600
Outstanding Balance
$95,634
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,121

Purchase Details

Closed on
Aug 2, 1989
Sold by
Ocoin David
Bought by
Carlson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10%
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
Mcintyre Mark L $239,500 --
Carlson Michael $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintyre Mark L $191,600
Previous Owner Carlson Michael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $255,000 0.0% $75 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
01/03/2020 01/03/20 Price Changed $255,000 -5.5% $75 / Sq Ft
11/22/2019 11/22/19 For Sale $269,900 0.0% $80 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $269,900 -- $80 / 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 $41 $351,800 $41,200 $310,600
2024 $3,448 $301,400 $41,200 $260,200
2023 $3,031 $251,300 $41,200 $210,100
2022 $3,287 $249,800 $37,500 $212,300
2021 $3,392 $241,600 $37,500 $204,100
2020 $3,222 $228,200 $37,500 $190,700
2019 $3,010 $217,200 $33,200 $184,000
2018 $2,640 $196,700 $39,400 $157,300
2017 $2,604 $186,300 $37,500 $148,800
2016 $2,372 $166,000 $37,500 $128,500
2015 $2,383 $174,300 $41,800 $132,500
2014 $2,292 $174,300 $41,800 $132,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72588117

MLS Property Information Network (MLS PIN)

APN: SPEN-000006U-000031