NOT LISTED FOR SALE

44 Maple St Spencer, MA 01562

Estimated Value: $258,112 - $304,000

3 Beds
3 Baths
1,596 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $190,000 $119 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,551/month

85 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • Cooling Available
  • Property is near public transit
  • Tandem Parking
  • Park

About This Home

As of September 2021

Totally converted & renovated 2 Family w/ Separate Oversized Garage. At one time, this was a Rescue Squad with Offices...now a multi family with potential to rent the Garage space as well. Ideal to live in one unit & have the other help on the mortgage payments. Many Updates: Office Level into 2 Family: Complete Gut/Reno (2005), Gas Furn(2005), Roof (2012/part 2015), A/C Condensers (2015), Smoke/CO detectors (2015), Exterior Doors/Frames (2015), Hot Water Heater/Gas (2016), Carpets (2017), Sewer Line Replmt/Connection (2018), Hot Water Heater/Ele (2020) & Outdoor Entry Lights (2020) Each Apartment has 12' ceilings & its own private entrance. Plenty of space for off-street parking (aside from Garage) & waterview of Muzzy Pond. Access to Apartments via Church St. Access to Garage via Maple Street. Garage was never renovated. No interior access b/w levels. Located near restaurants, shops, banking & not far from Lake Whittemore for a swim or picnic on the beach.

Last Listed By

Cynthia Sowa Forgit

RE/MAX Prof Associates Listed on: 04/29/2021

RE/MAX Prof Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Property fronts an easement
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Tandem Parking
  • Shared Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Rain Gutters

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $1,500
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Assessor Parcel Number M:00U07 B:00225 L:00000,1692719

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Insurance Expense $1,852
  • Water Sewer Expense $1,608
  • Operating Expense $7,067
  • Net Operating Income $10,933

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,411

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Vinyl,Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Cathedral/Vaulted Ceilings,Storage,Bathroom With Tub & Shower,Open Floor Plan), Unit 2(Cathedral/Vaulted Ceilings,Open Floor Plan), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater,Electric Water Heater,Water Heater(Varies Per Unit), Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Garage Access, Concrete, Unfinished
  • Living Area: 1596
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: K01527
  • LIST PRICE PER Sq Ft: 150.38
  • PRICE PER Sq Ft: 119.05
  • MAIN SO: K01527

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Block
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Beach Access, Lake/Pond, Direct Access, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Tandem, Assigned, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))

Fee Information

  • Water Sewer Expenses: 1608

Lot Info

  • Parcel Number: M:00U07 B:00225 L:00000,1692719
  • Zoning: VR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Easements, Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3115
  • PAGE: 10

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2411
  • Tax Book Number: 31761

Multi Family

  • Gross Income: 18000
  • Insurance Expense: 1852
  • Net Operating Income: 10933
  • Number Of Units Total: 2
  • Operating Expense: 7067
  • Total Actual Rent: 1500
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Sep 30, 2021
Sold by
Agoglia Robin
Bought by
Leveillee Richard
Seller's Agent
Cynthia Sowa Forgit
RE/MAX Prof Associates
Buyer's Agent
Cynthia Sowa Forgit
RE/MAX Prof Associates
List Price
$254,000
Sold Price
$190,000
Premium/Discount to List
-$64,000
-25.2%
Total Days on Market
85
Current Estimated Value
$279,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,278
Avg. Annual Appreciation
11.29%
Original Mortgage
$142,500
Outstanding Balance
$131,348
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,930

Purchase Details

Closed on
Sep 25, 2003
Sold by
Rescue Spencer
Bought by
Peachey Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Leveillee Richard $190,000 None Available
Peachey Robin $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leveillee Richard $142,500
Previous Owner Peachey Robin M $45,000
Previous Owner Peachey Robin $170,000
Previous Owner Peachey Robin $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $190,000 -20.8% $119 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/11/2021 06/11/21 Price Changed $240,000 -3.6% $150 / Sq Ft
05/03/2021 05/03/21 Price Changed $249,000 -2.0% $156 / Sq Ft
04/29/2021 04/29/21 For Sale $254,000 -- $159 / 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 $26 $221,700 $30,800 $190,900
2024 $2,345 $205,000 $30,800 $174,200
2023 $2,241 $185,800 $30,800 $155,000
2022 $2,811 $213,600 $28,000 $185,600
2021 $2,411 $171,700 $28,000 $143,700
2020 $2,293 $162,400 $28,000 $134,400
2019 $4,283 $155,000 $25,300 $129,700
2018 $1,886 $140,500 $29,400 $111,100
2017 $1,945 $139,100 $28,000 $111,100
2016 $1,882 $131,700 $28,000 $103,700
2015 $1,963 $143,600 $36,200 $107,400
2014 $1,888 $143,600 $36,200 $107,400
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72822649

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000225