NOT LISTED FOR SALE

40 Maple St Spencer, MA 01562

Estimated Value: $323,792 - $416,000

6 Beds
3 Baths
1,467 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $236,000 $161 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,049/month

67 Days on Market

About This Home

As of January 2021

Three family home walking distance to town with solid rental history. 1st floor has 2 bedrooms, large eat in kitchen, living room and all new vinyl replacement windows. 2nd floor is two levels with large bathroom w/laundry, eat in kitchen, living room and 3 bedrooms. Basement studio apartment is vacant and good for owner occupy. Updated electrical. Roof approx 10 yrs old. Solid investment property with good rental income.

Last Agent to Sell the Property

Heather Armbruster

Lamacchia Realty, Inc. Listed on: 08/07/2020

Lamacchia Realty, Inc.

Last Buyer's Agent

Joseph Smith

ERA Key Realty Services- Spenc License #453009404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32

Year Built

  • Built in 1900

Lot Details

  • 2,178

Additional Features

  • Pond Views
  • Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00U07 B:00227 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 160.19
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1900

Interior Features

  • Total Flrs: 4
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Partial
  • Main Lo: AN6181
  • Main So: K95310
  • Estimated Sq Ft: 1467.00

Exterior Features

  • Waterview Features: Pond
  • Waterview Flag: Yes
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School

Lot Info

  • Assessments: 128200.00
  • Acre: 0.05
  • Lot Size: 2389.00
  • Page: 152
  • Parcel Number: M:00U07 B:00227 L:00000
  • Zoning: Res
  • Lot Description: Paved Drive, Shared Drive, Sloping

Multi Family

  • Total Levels: 4
  • Total Rent: 3200
  • Total Rms: 7
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 1810.00
  • Assessor Parcel Number: 1692721
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Jan 5, 2021
Sold by
Abdelmasih Adel
Bought by
Adel Realty Llc
Seller's Agent
Heather Armbruster
Lamacchia Realty, Inc.
Buyer's Agent
Joseph Smith
ERA Key Realty Services- Spenc
List Price
$235,000
Sold Price
$236,000
Premium/Discount to List
$1,000
0.43%
Current Estimated Value
$370,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,448
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Oct 16, 2020
Sold by
Gilman Stacy and Gilman Dawn
Bought by
Abdelmasih Adel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 20, 2015
Closed on
Sep 28, 2015
Sold by
Masencup Charles E
Bought by
Gilman Stacy
Seller's Agent
Donna Flannery
ERA Key Realty Services- Spenc
Buyer's Agent
Heather Armbruster
Lamacchia Realty, Inc.
List Price
$125,000
Sold Price
$117,750
Premium/Discount to List
-$7,250
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$120,281
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2001
Sold by
Audette Keith R and Audette Tamara A
Bought by
Masencup Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,300
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1994
Sold by
Audette Aurore Y
Bought by
Audette Keith R and Audette Tamara A
Source: Public Records

Range of Values:

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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
Adel Realty Llc -- None Available
Abdelmasih Adel $236,000 None Available
Gilman Stacy $117,750 --
Masencup Charles E $115,900 --
Audette Keith R $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abdelmasih Adel $177,000
Previous Owner Gilman Stacy $120,281
Previous Owner Audette Keith R $106,000
Previous Owner Audette Keith R $104,300
Previous Owner Audette Keith R $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $236,000 +0.4% $161 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $235,000 0.0% $160 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $235,000 +99.6% $160 / Sq Ft
09/29/2015 09/29/15 Sold $117,750 -5.8% $88 / Sq Ft
08/30/2015 08/30/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $125,000 -- $93 / 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 $32 $271,900 $28,300 $243,600
2024 $2,909 $254,300 $28,300 $226,000
2023 $2,769 $229,600 $28,300 $201,300
2022 $2,088 $158,700 $25,700 $133,000
2021 $1,900 $135,300 $25,700 $109,600
2020 $1,810 $128,200 $25,700 $102,500
2019 $1,694 $122,200 $23,200 $99,000
2018 $1,502 $111,900 $27,000 $84,900
2017 $1,546 $110,600 $25,700 $84,900
2016 $1,519 $106,300 $25,700 $80,600
2015 $1,614 $118,100 $34,300 $83,800
2014 $1,553 $118,100 $34,300 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72706124

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000227