NOT LISTED FOR SALE

3 Pond St Spencer, MA 01562

Estimated Value: $418,000 - $462,000

6 Beds
3 Baths
2,036 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $443,001 $218 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,495/month

3 Days on Market

Highlights

  • Pond View
  • Shops
  • Dining Room
  • Living Room
  • Property is near schools
  • Level Lot

About This Home

As of April 2024

Take advantage of a nearly mortgage-free lifestyle with this unique opportunity to own a three-family home. This property includes a three-bedroom unit and a two-bedroom unit, both currently rented on a tenant-at-will basis. One tenant has resided here for approximately 11 years, while the other has been in place for 3 years. Additionally, there's a vacant one-bedroom apartment, ideal for an owner-occupant as this unit does offer a bit of privacy and separation from the other units as the unit is located at the rear of the property with its own private entrance. The property also features off-street parking for 4-5 vehicles.

Last Agent to Sell the Property

Carl Osorio

The Nest Real Estate Agency, LLC Listed on: 02/28/2024

Last Buyer's Agent

Alton Phouvong

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,036 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Pond Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near schools

Community Details

  • 3 Units
  • Shops
  • Net Operating Income $13,200

Listing and Financial Details

  • Total Actual Rent $2,350
  • Assessor Parcel Number M:00U04 B:00054 L:00000,1692268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,942

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Living Room, Kitchen, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Microwave
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2036
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN7770
  • LIST PRICE PER Sq Ft: 194.45
  • PRICE PER Sq Ft: 217.58
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Shopping, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00U04 B:00054 L:00000,1692268
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • PAGE: 268
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2942
  • Tax Book Number: 48320

Multi Family

  • Gross Income: 13200
  • Net Operating Income: 13200
  • Number Of Units Total: 3
  • Total Actual Rent: 2350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Waterview: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Grenier Michael and Grenier Amanda
Bought by
Grenier Amanda L
Current Estimated Value
$447,163

Purchase Details

Closed on
Dec 23, 2011
Sold by
Spencer Sb
Bought by
Grenier Michael and Grenier Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2011
Sold by
Lamoureux Jean R and Spencer Sb
Bought by
Spencer Sb
Source: Public Records

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Range of Values:

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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
Grenier Amanda L -- --
Grenier Michael $89,900 --
Spencer Sb -- --
Spencer Sb $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chivallatti Steven $345,600
Previous Owner Grenier Michael $136,500
Previous Owner Spencer Sb $67,400
Previous Owner Lamoureux Jean R $250,000
Previous Owner Lamoureux Jean R $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $443,001 +11.9% $218 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $395,900 -- $194 / 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 $38 $321,700 $36,300 $285,400
2024 $2,942 $257,200 $36,300 $220,900
2023 $2,808 $232,800 $36,300 $196,500
2022 $2,746 $208,700 $33,000 $175,700
2021 $2,711 $193,100 $33,000 $160,100
2020 $2,578 $182,600 $33,000 $149,600
2019 $2,414 $174,200 $29,800 $144,400
2018 $2,123 $158,200 $34,600 $123,600
2017 $2,019 $144,400 $33,000 $111,400
2016 $1,931 $135,100 $33,000 $102,100
2015 $1,966 $143,800 $38,200 $105,600
2014 $1,891 $143,800 $38,200 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73206174

MLS Property Information Network (MLS PIN)

APN: SPEN-000004U-000054