$325,000
SOLD MAR 31, 2025

42 Maple St Spencer, MA 01562

6 Beds
3 Baths
1,092 Sq Ft
3,657 Sq Ft Lot

Recently Sold

$298 Per Sq Ft

19% Below List Price

13 Days on Market

Highlights

  • Community Stables
  • Lake View
  • Community Pool
  • Medical Services
  • Property is near public transit
  • Jogging Path

About This Home

As of March 2025

Contractors take notice! A 3 unit, potentially 4 unit multi-family, is ready to be completed. 2 bedrooms each unit, this property can become the passive income you were looking for to add to your portfolio. This property comes with a great lake view that can be seen from each unit. this property is located in an outdoor community that includes, hiking , canoeing , kayaking, fishing, camping, horseback ridding , & off-roading. The materials needed to complete this project is still on the floor on location waiting to be installed & completed. This property is located with in walking distance to all the amenities the town of Spencer has to offer. This multi-family is 20 minutes from the City of Worcester & 40 minutes from the City of Springfield.

Last Agent to Sell the Property

moses thuo

RE/MAX Synergy Listed on: 02/20/2025

RE/MAX Synergy

Last Buyer's Agent

moses thuo

RE/MAX Synergy Listed on: 02/20/2025

RE/MAX Synergy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1900

Lot Details

  • 3,657 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,092 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Laminate Flooring
  • Lake Views
  • Partial Basement
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

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

Outdoor Features

  • Balcony
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Spencer Borden Elementary School
  • Knox Trail Middle School
  • Spencer High School

Utilities

  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number M:00U07 B:00226 L:00000,1692720

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,399

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 6
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 0
  • Sub Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Laminate
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup
  • Basement: Partial
  • Above Grade Finished Sq Ft: 1092
  • Living Area: 1092
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN3531
  • LIST PRICE PER Sq Ft: 366.3
  • PRICE PER Sq Ft: 297.62
  • MAIN SO: AC1714

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Tar/Gravel, Rubber
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Electric: 220 Volts
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00U07 B:00226 L:00000,1692720
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3657
  • Lot Size Units: Acres
  • PAGE: 238
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2399
  • Tax Book Number: 68543

Multi Family

  • Gross Income: 52800
  • Net Operating Income: 52800
  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEVELS 3: 3
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Waterview: Lake

MLS Schools

  • High School: Spencer High
  • Elementary School: Spencer Borden
  • Middle Or Junior School: Knox Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Green Valley Trees & Gdns
Bought by
Elevetion Investments Llc
Current Estimated Value
$321,667

Purchase Details

Closed on
Jan 28, 2020
Sold by
Demalia James and Demalia Rocco
Bought by
Rejicus Llc

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 23, 2018
Sold by
Szafran Gregg M
Bought by
Green Valley Trees & Gdn
Seller's Agent
Cindy Leinonen
Houseworks Realty
Buyer's Agent
Cindy Leinonen
Houseworks Realty
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.71%

Purchase Details

Closed on
Mar 19, 2012
Sold by
Szafram Gregg M and Deutsche Bank Natl T C
Bought by
American Home Mtg Invs and Deutsche Bank Natl T C

Purchase Details

Closed on
May 10, 2001
Sold by
Leveillee Joan M
Bought by
Szafran Gregg M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Not Resolvable $1,000 None Available
Quit Claim Deed -- None Available
Not Resolvable $65,000 --
Foreclosure Deed $71,583 --
Foreclosure Deed $71,583 --
Deed $114,000 --
Deed $114,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $347,700 Purchase Money Mortgage
Closed $347,700 Purchase Money Mortgage
Closed $228,300 Commercial
Previous Owner $5,638 No Value Available
Previous Owner $140,000 No Value Available
Previous Owner $16,000 No Value Available
Previous Owner $110,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $325,000 -18.8% $298 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $400,000 +95.1% $366 / Sq Ft
11/30/2022 11/30/22 Sold $205,000 -5.5% $85 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $217,000 -1.4% $90 / Sq Ft
07/28/2022 07/28/22 For Sale $220,000 0.0% $92 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $220,000 -4.3% $92 / Sq Ft
04/20/2022 04/20/22 For Sale $230,000 -8.0% $96 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
11/08/2021 11/08/21 For Sale -- -- --
11/06/2021 11/06/21 Pending -- -- --
09/15/2021 09/15/21 For Sale -- -- --
08/05/2021 08/05/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $249,900 0.0% $104 / Sq Ft
07/25/2021 07/25/21 For Sale $250,000 +284.6% $104 / Sq Ft
02/23/2018 02/23/18 Sold $65,000 0.0% $27 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $65,000 -- $27 / 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 $1,956 $166,600 $31,900 $134,700
2024 $2,399 $209,700 $31,900 $177,800
2023 $1,553 $128,800 $31,900 $96,900
2022 $1,374 $104,400 $29,000 $75,400
2021 $1,226 $87,300 $29,000 $58,300
2020 $1,186 $84,000 $29,000 $55,000
2019 $1,099 $79,300 $26,200 $53,100
2018 $1,021 $76,100 $30,500 $45,600
2017 $1,399 $100,100 $29,000 $71,100
2016 $2,072 $145,000 $29,000 $116,000
2015 $2,135 $156,200 $36,400 $119,800
2014 $2,054 $156,200 $36,400 $119,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73337071

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000226