5 Paula Bay Spencer, MA 01562
Estimated Value: $382,000 - $471,000
4
Beds
2
Baths
1,920
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Deck
- Jogging Path
- Living Room
- Property is near public transit
- Cooling System Mounted In Outer Wall Opening
- Park
About This Home
As of May 2024Cozy 2-Family property located on a cul-de-sac with private outdoor entertaining areas. Property has newer roof, siding, carpet, vinyl flooring, paint, hot water tanks, and windows. Perfect for investors or residents who would like to benefit from extra income. Close proximity to highway access and state parks. Open house Saturday 3/9 12pm-2pm and Sunday 3/10 2pm-4pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,344
Year Built
- Built in 1974
Lot Details
- 9,970
Home Design
- Manufactured Home on a slab
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,920 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Heating Available
Additional Features
- Deck
- 9,970 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $1,950
- Assessor Parcel Number M:00U03 B:00009 L:00000,1692187
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $23,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2021
Closed on
Sep 27, 2021
Sold by
Obrien April E
Bought by
Jouki Stephanie A
Seller's Agent
Brittany O'Rourke
The O'Rourke Group Real Estate Professionals
Buyer's Agent
Stephanie Jordan
Results Realty
List Price
$260,000
Sold Price
$300,000
Premium/Discount to List
$40,000
15.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,548
Avg. Annual Appreciation
10.97%
Original Mortgage
$294,566
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 28, 2006
Sold by
Obrien Brendan P
Bought by
Obrien April E and Obrien Brendan P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2001
Sold by
Lussier Jean A
Bought by
Obrien Brendan P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Spencer, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jouki Stephanie A | $300,000 | None Available | |
| Obrien April E | -- | -- | |
| Obrien April E | -- | -- | |
| Obrien Brendan P | $135,000 | -- | |
| Obrien Brendan P | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alves Vanessa | $318,750 | |
| Closed | Alves Vanessa | $318,750 | |
| Closed | Jouki Stephanie A | $294,566 | |
| Previous Owner | Obrien April E | $140,000 | |
| Previous Owner | Obrien Brendan P | $153,216 | |
| Previous Owner | Obrien April E | $157,500 | |
| Previous Owner | Obrien Brendan P | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $425,000 | 0.0% | $221 / Sq Ft |
| 03/20/2024 03/20/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | For Sale | $425,000 | +41.7% | $221 / Sq Ft |
| 09/27/2021 09/27/21 | Sold | $300,000 | +15.4% | $156 / Sq Ft |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 08/10/2021 08/10/21 | For Sale | $260,000 | -- | $135 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $37 | $318,500 | $41,000 | $277,500 |
| 2024 | $3,344 | $292,300 | $41,000 | $251,300 |
| 2023 | $3,192 | $264,700 | $41,000 | $223,700 |
| 2022 | $3,123 | $237,300 | $37,300 | $200,000 |
| 2021 | $2,856 | $203,400 | $37,300 | $166,100 |
| 2020 | $2,758 | $195,300 | $37,300 | $158,000 |
| 2019 | $2,584 | $186,400 | $33,600 | $152,800 |
| 2018 | $2,295 | $171,000 | $39,100 | $131,900 |
| 2017 | $2,365 | $169,200 | $37,300 | $131,900 |
| 2016 | $2,258 | $158,000 | $37,300 | $120,700 |
| 2015 | $2,262 | $165,500 | $43,000 | $122,500 |
| 2014 | $2,176 | $165,500 | $43,000 | $122,500 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Jordan
Seller's Agent in 2024
Stephanie Jordan
Results Realty
(910) 508-7424
2 in this area
2 Total Sales
-
John Godino
J
Buyer's Agent in 2024
John Godino
Real Broker MA, LLC
(508) 254-2947
1 in this area
13 Total Sales
-
B
Seller's Agent in 2021
Brittany O'Rourke
The O'Rourke Group Real Estate Professionals
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73208973
APN: SPEN-000003U-000009
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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