NOT LISTED FOR SALE

60 Cherry St Spencer, MA 01562

Estimated Value: $392,302 - $508,000

4 Beds
2 Baths
2,257 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $355,000 $157 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,439/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Park
  • Property is near public transit
  • Cooling Available
  • Laundry Room

About This Home

As of April 2022

This Is The One! Well Cared For 2 Family Home Occupied By Multiple Generations With Evident Pride Of Ownership. Unit 1 Has 2 Bedrooms, Kitchen, Full Bath With Tub And Shower, Living Room, Family Room, Spacious Laundry Room AND 2 Bonus Rooms In Walk Out Basement. Unit 2 Has 2 Bedrooms, Kitchen, Dining Room, Family Room, Laundry Room AND 2 Bonus Rooms In Walk-Up Attic. Some Of The Many Updates Include: Brand New Roof 3/8/2022, Asbestos Pipe Insulation In Basement Certified Removed 2021, Knob and Tube Certified Removed 2013, 18 Windows Replaced With Double Pane Insulated Windows 2013, Both Units And Deck Recently Painted, New Kitchen Floor Unit 1 And Many Areas Of New Carpet In Both Units. Parking For 6 Cars In Driveway. This Is The Perfect Home For Owner Occupied Buyers Looking For An Ideal Investment Opportunity! Home Will Be Delivered Fully Vacant!

Last Agent to Sell the Property

Becky Hart

Lamacchia Realty, Inc. Listed on: 03/11/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Aura Hernandez

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1907

Lot Details

  • 0.44 Acre Lot
  • Stone Wall
  • Sloped Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,257 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Insulated Doors

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction
  • Crawl Space

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Rent includes unit 1(none), unit 2(none)
  • Tax Block 00184
  • Assessor Parcel Number M:00U06 B:00184 L:00000,1692489

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,075

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1907
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Varies Per Unit,Wood Laminate, Unit 1(undefined), Unit 2(Tile Floor,Wood Flooring,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Upgraded Cabinets,Upgraded Countertops,Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks))
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Electric Water Heater, Utility Connections Varies per Unit
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Crawl Space, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 2257
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN2314
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Stone Wall, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Asphalt/Composition Shingles, Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Hot Water Radiators,Oil,Individual,Unit Control), Unit 2(Gas,Individual,Unit Control)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park
  • Rent Includes: Unit 1(None), Unit 2(None)

Lot Info

  • Parcel Number: M:00U06 B:00184 L:00000,1692489
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166.4
  • Lot Size Units: Acres
  • LOT SIZE: 19330

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3075
  • Tax Block: 00184
  • Tax Lot: 00000

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Morgan Steven W and Morgan Patricia A
Bought by
Morgan Patricia A
Current Estimated Value
$466,076

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 14, 2022
Sold by
Olsen Kerry and Richer Albert
Bought by
Morgan Steven W and Morgan Patricia A
Seller's Agent
Becky Hart
Lamacchia Realty, Inc.
Buyer's Agent
Aura Hernandez
eXp Realty
List Price
$320,000
Sold Price
$355,000
Premium/Discount to List
$35,000
10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$348,570
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2008
Sold by
Hawes Monica C and Mckeon Monica C
Bought by
Richer Albert and Richer Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1995
Sold by
Perron Roger E and Perron Gurlie
Bought by
Gaudette Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Morgan Patricia A -- None Available
Morgan Patricia A -- None Available
Morgan Steven W $355,000 None Available
Richer Albert $225,000 --
Richer Albert $225,000 --
Gaudette Danielle $105,000 --
Gaudette Danielle $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Steven W $348,570
Previous Owner Richer Albert $202,000
Previous Owner Gaudette Danielle $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $355,000 +10.9% $157 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $320,000 -- $142 / 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 $42 $358,300 $46,100 $312,200
2024 $3,782 $330,600 $46,100 $284,500
2023 $3,031 $251,300 $46,100 $205,200
2022 $3,075 $233,700 $42,000 $191,700
2021 $2,790 $198,700 $42,000 $156,700
2020 $2,667 $188,900 $42,000 $146,900
2019 $2,489 $179,600 $37,600 $142,000
2018 $2,237 $166,700 $44,200 $122,500
2017 $2,293 $164,000 $42,000 $122,000
2016 $2,192 $153,400 $42,000 $111,400
2015 $2,212 $161,800 $46,700 $115,100
2014 $2,128 $161,800 $46,700 $115,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72951811

MLS Property Information Network (MLS PIN)

APN: SPEN-000006U-000184