296 Main St Spencer, MA 01562
4
Beds
2
Baths
1,884
Sq Ft
0.29
Acres
Highlights
- Deck
- Covered Patio or Porch
- Shed
- Wood Flooring
- Balcony
- Central Heating
About This Home
As of April 2025Don't miss this versatile two-family home offering an excellent owner-occupant or investment opportunity! The first-floor unit is vacant, ready for your finishing touches, while the long-term tenant upstairs provides immediate rental income. Both units offer 2 beds and 1 bath, high ceilings, and spacious layouts. Recent updates include a newer roof and newer porches outside each unit, adding value and peace of mind. A large detached garage offers ample storage or workspace. Village Residential (VR) zoning allows for some business uses (buyer to verify). Conveniently located on the bus route with easy commuter access, this property is close to town amenities, shopping, and dining. With public water & sewer, gas heat, and strong rental potential, this home is a fantastic opportunity to build equity or expand your portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,027
Year Built
- Built in 1850
Lot Details
- 0.29 Acre Lot
- Level Lot
- Cleared Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,884 Sq Ft Home
- Property has 1 Level
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
- Shed
- Rain Gutters
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Baseboard Heating
Community Details
- 2 Units
- Net Operating Income $11,400
Listing and Financial Details
- Total Actual Rent $950
- Assessor Parcel Number M:00U05 B:00008 L:00000,1692281
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2025
Closed on
Apr 29, 2025
Sold by
Soboleski James R and Soboleski Janet A
Bought by
Orloff Alexei
Seller's Agent
Phillip Olivo
P & H Property Consulting, Inc.
Buyer's Agent
Samantha Butkiewicus
ERA Key Realty Services- Spenc
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,954
Avg. Annual Appreciation
-4.19%
Original Mortgage
$425,000
Outstanding Balance
$423,874
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
-$4,828
Purchase Details
Closed on
Nov 23, 2004
Sold by
Belch Julia A
Bought by
Soboleski James R and Soboleski Janet A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Spencer, MA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $425,000 | None Available | |
| Deed | $180,000 | -- | |
| Deed | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $425,000 | VA | |
| Closed | $425,000 | VA | |
| Previous Owner | $144,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Sold | $425,000 | +6.3% | $226 / Sq Ft |
| 03/26/2025 03/26/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | For Sale | $399,900 | -- | $212 / 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 | $4,027 | $343,000 | $42,300 | $300,700 |
| 2024 | $3,620 | $316,400 | $42,300 | $274,100 |
| 2023 | $3,444 | $285,600 | $42,300 | $243,300 |
| 2022 | $3,461 | $263,000 | $38,400 | $224,600 |
| 2021 | $2,986 | $212,700 | $38,400 | $174,300 |
| 2020 | $2,845 | $201,500 | $38,400 | $163,100 |
| 2019 | $2,604 | $187,900 | $32,800 | $155,100 |
| 2018 | $2,327 | $173,400 | $40,300 | $133,100 |
| 2017 | $2,398 | $171,500 | $38,400 | $133,100 |
| 2016 | $2,248 | $157,300 | $34,600 | $122,700 |
| 2015 | $2,245 | $164,200 | $39,700 | $124,500 |
| 2014 | $2,159 | $164,200 | $39,700 | $124,500 |
Source: Public Records
Agents Affiliated with this Home
-
Phillip Olivo
Seller's Agent in 2025
Phillip Olivo
P & H Property Consulting, Inc.
(508) 735-4956
9 in this area
40 Total Sales
-
Heidi Olivo
Seller Co-Listing Agent in 2025
Heidi Olivo
P & H Property Consulting, Inc.
(508) 410-5445
1 in this area
4 Total Sales
-
Samantha Butkiewicus
Buyer's Agent in 2025
Samantha Butkiewicus
ERA Key Realty Services- Spenc
(508) 873-1303
10 in this area
76 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73348309
APN: SPEN-000005U-000008
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