NOT LISTED FOR SALE

32 Grove St Spencer, MA 01562

Estimated Value: $486,176 - $589,000

6 Beds
3 Baths
2,866 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $445,000 $155 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,865/month

5 Days on Market

Highlights

  • Deck
  • Porch
  • Home Security System
  • Wood Flooring
  • Living Room
  • Central Heating

About This Home

As of May 2022

First showing at Open House SATURDAY April 16 th 11-1. (No showings until then) Lovingly cared for, owner occupied 3 Family with walkout basement. (story has it, it was a store at one point). Many updates. Nice yard that spans from one road to another and plenty of overflow parking lots on both. Owners unit is first floor 3 bedroom, laundry in unit. Second floor is 2 bedroom with laundry in unit. Third floor is 1 bedroom with no laundry, but there are hookups in basement if you want to use for that unit. Great potential money maker, rents are below market price and one unit has owner. Should bring in $3,600+ when properly rented out. Plenty of off street parking. Units come with refrigerators and kitchen ranges, w/d's belong to tenants.

Last Agent to Sell the Property

Kim And Jay Team

RE/MAX Prof Associates Listed on: 04/12/2022

RE/MAX Prof Associates

Last Buyer's Agent

Michael Nugent

RE/MAX Prof Associates

RE/MAX Prof Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,749

Year Built

  • Built in 1940

Lot Details

  • 9,042 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,866 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Security System
  • Range

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating
  • Space Heater
  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $1,500
  • Rent includes unit 2(water), unit 3(water)
  • Assessor Parcel Number M:00U14 B:00056 L:00000,1693241

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,749

Year Built

Built in 1940

Lot Details

9,042 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1940
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Wood, Parquet
  • Interior Amenities: Ceiling Fan(s), Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 2866
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: K01527
  • MAIN SO: AN2764

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Driveway, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Heating: Central, Natural Gas, Space Heater
  • Electric: 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00U14 B:00056 L:00000,1693241
  • Zoning: MULTI
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9042
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3749

Multi Family

  • Net Operating Income: 18000
  • Number Of Units Total: 3
  • Total Actual Rent: 1500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 26, 2022
Sold by
Robidoux Joseph M and Robidoux Tammy L
Bought by
Hennessey Regina and Berberian David
Seller's Agent
Kim And Jay Team
RE/MAX Prof Associates
Buyer's Agent
Michael Nugent
RE/MAX Prof Associates
List Price
$417,000
Sold Price
$445,000
Premium/Discount to List
$28,000
6.71%
Current Estimated Value
$535,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,544
Avg. Annual Appreciation
4.93%
Original Mortgage
$330,000
Outstanding Balance
$311,842
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,702

Purchase Details

Closed on
May 29, 2002
Sold by
Stanikmas Brian D and Stanikmas Angela M
Bought by
Robidoux Joseph M and Robidoux Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,414
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2001
Sold by
Adams Richard H and Adams Mary E
Bought by
Stanikmas Brian D and Stanikmas Angela M

Purchase Details

Closed on
Nov 22, 1989
Sold by
Loader Gary
Bought by
Adams Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hennessey Regina $445,000 None Available
Robidoux Joseph M $199,900 --
Stanikmas Brian D $127,900 --
Adams Richard $141,000 --
Adams Richard $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennessey Regina $330,000
Previous Owner Adams Richard $215,180
Previous Owner Adams Richard $216,700
Previous Owner Adams Richard $210,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $445,000 +6.7% $155 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $417,000 -- $145 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $53 $447,800 $40,500 $407,300
2024 $4,710 $411,700 $40,500 $371,200
2023 $4,045 $335,400 $40,500 $294,900
2022 $3,749 $284,900 $36,800 $248,100
2021 $3,207 $228,400 $36,800 $191,600
2020 $3,049 $215,900 $36,800 $179,100
2019 $2,855 $206,000 $33,200 $172,800
2018 $2,500 $186,300 $38,600 $147,700
2017 $2,960 $211,700 $36,800 $174,900
2016 $2,902 $203,100 $36,800 $166,300
2015 $2,927 $214,100 $42,600 $171,500
2014 $2,815 $214,100 $42,600 $171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72965631

MLS Property Information Network (MLS PIN)

APN: SPEN-000014U-000056

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