NOT LISTED FOR SALE

38 Main St Spencer, MA 01562

Estimated Value: $307,969 - $413,000

4 Beds
2 Baths
1,760 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $138,000 $78 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,853/month

210 Days on Market

About This Home

As of January 2019

This two family has good sized rooms on each floor plus a walk up attic. Updates include: Roof, furnace, windows,water main. Choose your own tenants. Walk to bus line, shopping, restaurants, walking trails. Units have been left vacant per owners choice. Great for owner occupied investor with a mortgage helper!

Last Agent to Sell the Property

Donna Flannery

ERA Key Realty Services- Spenc Listed on: 05/25/2018

ERA Key Realty Services- Spenc

Last Buyer's Agent

Justin Jarboe

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1887

Lot Details

  • 4,792

Additional Features

  • Window Screens
  • Enclosed Patio or Porch
  • Water Holding Tank
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00U08 B:00125 L:00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Insc: 1483
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 93.18
  • Comp Based On: Net Sale Price
  • Year Built: 1887
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1887

Interior Features

  • Flooring: Varies Per Unit
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Walk Out, Interior Access
  • Main Lo: K95310
  • Main So: K95491
  • Estimated Sq Ft: 1760.00

Exterior Features

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 190
  • Hot Water: Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access

Lot Info

  • Assessments: 134200.00
  • Acre: 0.11
  • Lot Size: 4704.00
  • Page: 155
  • Parcel Number: M:00U08 B:00125 L:00000
  • Zoning: VR
  • Lot Description: Cleared

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 1801.00
  • Assessor Parcel Number: 1692908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jan 16, 2019
Sold by
Cook Brothers Realty Inc
Bought by
Karpowich Anthony
Seller's Agent
Donna Flannery
ERA Key Realty Services- Spenc
Buyer's Agent
Justin Jarboe
Keller Williams Pinnacle Central
List Price
$175,000
Sold Price
$138,000
Premium/Discount to List
-$37,000
-21.14%
Current Estimated Value
$357,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,492
Avg. Annual Appreciation
14.61%
Original Mortgage
$103,500
Outstanding Balance
$90,450
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$267,042

Purchase Details

Closed on
Dec 23, 1997
Sold by
Hayes Keivn A
Bought by
Cook Brothers Realty
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
Karpowich Anthony $138,000 --
Cook Brothers Realty $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karpowich Anthony $103,500
Previous Owner Cook Brothers Realty $250,000
Previous Owner Cook Brothers Realty $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $138,000 -15.9% $78 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/07/2018 12/07/18 Price Changed $164,000 -0.5% $93 / Sq Ft
10/29/2018 10/29/18 Price Changed $164,900 -2.9% $94 / Sq Ft
08/24/2018 08/24/18 Price Changed $169,900 -2.4% $97 / Sq Ft
08/10/2018 08/10/18 Price Changed $174,000 -0.5% $99 / Sq Ft
08/02/2018 08/02/18 Price Changed $174,900 -0.1% $99 / Sq Ft
05/25/2018 05/25/18 For Sale $175,000 -- $99 / 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 $27 $232,400 $34,000 $198,400
2024 $2,492 $217,800 $34,000 $183,800
2023 $2,378 $197,200 $34,000 $163,200
2022 $2,323 $176,500 $30,900 $145,600
2021 $2,293 $163,300 $30,900 $132,400
2020 $2,182 $154,500 $30,900 $123,600
2019 $2,042 $147,300 $27,900 $119,400
2018 $1,801 $134,200 $32,400 $101,800
2017 $1,855 $132,700 $30,900 $101,800
2016 $1,751 $122,500 $30,900 $91,600
2015 $1,774 $129,800 $36,800 $93,000
2014 $1,707 $129,800 $36,800 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72333930

MLS Property Information Network (MLS PIN)

APN: SPEN-000008U-000125