NOT LISTED FOR SALE

61 Mechanic St Spencer, MA 01562

Estimated Value: $286,000 - $413,000

5 Beds
3 Baths
1,459 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $188,500 $129 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,771/month

191 Days on Market

About This Home

As of April 2020

Attention Investors and first time home buyers. Short walk to town center for shopping and bus access. 1 car garage and plenty of off street parking, also a small yard and area for Grilling. New roof, Siding and windows have been updated, Pressure treated decks for your secondary exits. Great Opportunity to put your finishing touches on..

Last Agent to Sell the Property

Mike Toomey

Michael Toomey & Associates, Inc. Listed on: 09/12/2019

Last Buyer's Agent

The Pouliot Team

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27

Year Built

  • Built in 1859

Lot Details

  • 3,485

Parking

  • 1 Car Garage

Additional Features

  • Screened Porch
  • Stone Wall
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00U07 B:00217 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27

Year Built

Built in 1859

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 137.01
  • Comp Based On: Net Sale Price
  • Year Built: 1859
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1859

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Garage Access, Concrete Floor
  • Main Lo: K95506
  • Main So: K95001
  • Estimated Sq Ft: 1459.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Stone/Concrete, Timber Frame
  • Roof Material: Rubber, Asphalt/Composition Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch - Enclosed, Porch - Screened, Stone Wall
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Heat Zones: 3
  • Hot Water: Natural Gas

Schools

  • High School: David Prouty

Lot Info

  • Assessments: 126300.00
  • Acre: 0.08
  • Lot Size: 3361.00
  • Page: 286
  • Parcel Number: M:00U07 B:00217 L:00000
  • Zoning: mixed use
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 2
  • Total Rent: 2200
  • Total Rms: 9
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 1751.00
  • Assessor Parcel Number: 1692711

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Apr 16, 2020
Sold by
Spence Dale E and Spence Mandy L
Bought by
Wolf Matthew
Seller's Agent
Mike Toomey
Michael Toomey & Associates, Inc.
Buyer's Agent
The Pouliot Team
Coldwell Banker Realty - Worcester
List Price
$199,900
Sold Price
$188,500
Premium/Discount to List
-$11,400
-5.7%
Current Estimated Value
$323,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,617
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Nov 15, 1999
Sold by
Terkanian Benjamin J and Terkanian Michelle I
Bought by
Bloom William A and Bloom Evelyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wolf Matthew $188,500 None Available
Bloom William A $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terkanian Ben J $69,000
Previous Owner Terkanian Ben J $55,000
Previous Owner Terkanian Ben J $56,008
Previous Owner Terkanian Ben J $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $188,500 -5.7% $129 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $199,900 +6.0% $137 / Sq Ft
03/01/2020 03/01/20 Off Market $188,500 -- --
11/18/2019 11/18/19 Price Changed $199,900 -4.4% $137 / Sq Ft
10/02/2019 10/02/19 Price Changed $209,000 -5.0% $143 / Sq Ft
09/12/2019 09/12/19 For Sale $219,900 -- $151 / 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 $27 $231,700 $21,900 $209,800
2024 $2,440 $213,300 $21,900 $191,400
2023 $2,319 $192,300 $21,900 $170,400
2022 $2,462 $187,100 $19,900 $167,200
2021 $1,963 $139,800 $19,900 $119,900
2020 $1,864 $132,000 $19,900 $112,100
2019 $1,751 $126,300 $18,000 $108,300
2018 $1,566 $116,700 $23,900 $92,800
2017 $1,615 $115,500 $22,800 $92,700
2016 $1,419 $99,300 $22,800 $76,500
2015 $1,480 $108,300 $29,000 $79,300
2014 $1,424 $108,300 $29,000 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72564157

MLS Property Information Network (MLS PIN)

APN: SPEN-000007U-000217