Seller's Agent in 2022
Donna Towne
ERA Key Realty Services - Distinctive Group
(508) 561-6784
8 in this area
88 Total Sales
53 Cherry St Spencer, MA 01562
Estimated Value: $484,659 - $586,000
6
Beds
3
Baths
2,778
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Deck
- Tennis Courts
- Porch
- Wood Flooring
- Jogging Path
- Cooling Available
About This Home
As of July 2022OPEN HOUSE, Sunday, May 15th 11-2pm. Terrific opportunity to owner occupy or invest in this fantastic two family located on quiet street yet close to downtown. Huge 40x38 garage with additional 32x14 storage attached which you could include in rent or rent separately. Two driveways on either side of home allows for plenty of parking. Beautiful units boast large open floor plans with hardwood flooring, high ceilings, updated kitchens and baths. 1st Floor has FHA with central air. 2nd Floor has HWB with mini split system. Laundry hook ups for each unit. Other features include: ceiling fans, wainscoting, built in cabinets and more. Bring your finishing touches to the 3rd floor which has the 2 additional bedrooms, large closets, 3/4 bath and attic access for unit 2. Roof in 2003. Windows and Doors in 2017.
Last Agent to Sell the Property
ERA Key Realty Services - Distinctive Group Listed on: 05/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,358
Year Built
- Built in 1890
Lot Details
- 0.36
Parking
- 4 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,778 Sq Ft Home
- Property has 1 Level
- Insulated Doors
- Unfinished Basement
- Interior Basement Entry
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Bulkhead
- Deck
- Outdoor Storage
- Rain Gutters
- Porch
Schools
- Wire Village Elementary School
- David Prouty High School
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- 100 Amp Service
- Gas Water Heater
Additional Features
- 0.36 Acre Lot
- Property is near schools
Listing and Financial Details
- Total Actual Rent $2,200
- Assessor Parcel Number 1692598
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
Building Details
- Net Operating Income $26,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2016
Closed on
May 26, 2017
Sold by
Wilmington Svgs Fund S
Bought by
53 Cherry Llc
Seller's Agent
Barbara Morris
Agnelli Real Estate, LLC
Buyer's Agent
Pam Crawford
RE/MAX Prof Associates
List Price
$149,000
Sold Price
$137,500
Premium/Discount to List
-$11,500
-7.72%
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
$417,165
Avg. Annual Appreciation
17.74%
Original Mortgage
$112,000
Outstanding Balance
$93,313
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$461,352
Purchase Details
Listed on
Dec 21, 2016
Closed on
May 10, 2017
Sold by
Groleau Cathleen
Bought by
Wilmington Svgs Fund S
Seller's Agent
Barbara Morris
Agnelli Real Estate, LLC
Buyer's Agent
Pam Crawford
RE/MAX Prof Associates
List Price
$149,000
Sold Price
$137,500
Premium/Discount to List
-$11,500
-7.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$93,313
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$461,352
Purchase Details
Closed on
Sep 29, 2006
Sold by
Huard Rhea E
Bought by
Groleau Cathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,210
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 22, 2002
Sold by
Lang Judith G
Bought by
Huard Rhea E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 53 Cherry Llc | $140,000 | -- | |
| Wilmington Svgs Fund S | $200,000 | -- | |
| Groleau Cathleen | $310,000 | -- | |
| Huard Rhea E | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 53 Cherry Llc | $112,000 | |
| Previous Owner | Huard Rhea E | $307,545 | |
| Previous Owner | Groleau Cathleen | $305,210 | |
| Previous Owner | Huard Rhea E | $20,000 | |
| Previous Owner | Huard Rhea E | $148,000 | |
| Previous Owner | Huard Rhea E | $62,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/11/2022 07/11/22 | Sold | $420,000 | +7.7% | $151 / Sq Ft | |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- | |
| 05/09/2022 05/09/22 | For Sale | $389,900 | +183.6% | $140 / Sq Ft | |
| 06/22/2017 06/22/17 | Sold | $137,500 | -7.7% | $51 / Sq Ft | View Prior Sale |
| 01/08/2017 01/08/17 | Pending | -- | -- | -- | |
| 12/21/2016 12/21/16 | For Sale | $149,000 | -- | $56 / 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 | $53 | $453,800 | $43,600 | $410,200 |
| 2024 | $4,782 | $418,000 | $43,600 | $374,400 |
| 2023 | $3,803 | $315,300 | $43,600 | $271,700 |
| 2022 | $3,358 | $255,200 | $39,600 | $215,600 |
| 2021 | $2,930 | $208,700 | $39,600 | $169,100 |
| 2020 | $2,801 | $198,400 | $39,600 | $158,800 |
| 2019 | $2,586 | $186,600 | $32,900 | $153,700 |
| 2018 | $2,343 | $174,600 | $41,600 | $133,000 |
| 2017 | $2,789 | $199,500 | $39,600 | $159,900 |
| 2016 | $2,788 | $195,100 | $39,600 | $155,500 |
| 2015 | $2,772 | $202,800 | $45,200 | $157,600 |
| 2014 | $2,667 | $202,800 | $45,200 | $157,600 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Towne
-
Juliana O'Brien
Buyer's Agent in 2022
Juliana O'Brien
BA Property & Lifestyle Advisors
(508) 333-6933
1 in this area
34 Total Sales
-
B
Seller's Agent in 2017
Barbara Morris
Agnelli Real Estate, LLC
-
P
Buyer's Agent in 2017
Pam Crawford
RE/MAX
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72978171
APN: SPEN-000007U-000103
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