Lauren Hiller
Responds Quickly
RE/MAX Prof Associates
(508) 501-1748
44 Total Sales
1 in Spencer
$370,000 Price
66 Cherry St Spencer, MA 01562
Spencer AreaEstimated Value: $555,372
7
Beds
3
Baths
3,454
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- Spa
- Covered Patio or Porch
- Shops
- Wood Flooring
- Living Room
- Shed
About This Home
As of June 2025Prime residential investment opportunity in the heart of Spencer. This 3-family property, fully occupied, offers 3,454 square feet of living space generating great rental income for investors, multi-generational living, or anyone who seeks rental income to add to their portfolio. Separate gas meters, water heaters and electrical panels for each unit and a landlord electrical panel as well. Nice level lot featuring spacious covered deck seating area with multiple storage sheds. Two paved driveways offer abundant off-street parking. Close to shops, restaurants, and other town conveniences.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,852
Year Built
- Built in 1880
Lot Details
- 8,809 Sq Ft Lot
Home Design
- Triplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,454 Sq Ft Home
- Ceiling Fan
- Living Room
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 7 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Spa
- Covered Patio or Porch
- Shed
Schools
- David Prouty High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $4,895
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:00U06 B:00169 L:00000,1692473
- Tax Block 1699
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Electric Expense $1,129
- Insurance Expense $3,851
- Water Sewer Expense $2,291
- Operating Expense $15,835
- Net Operating Income $42,905
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
Jun 2, 2025
Sold by
Bought by
Seller's Agent
John Caron
Homestead Realty Group
Buyer's Agent
Ibrahim Kallon
Century 21 XSELL REALTY
List Price
$519,000
Sold Price
$560,000
Premium/Discount to List
$41,000
7.9%
Views
12
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
-$4,628
Avg. Annual Appreciation
-0.71%
Original Mortgage
$532,000
Outstanding Balance
$525,910
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,462
Purchase Details
Closed on
May 24, 2018
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 2016
Sold by
Bought by
Purchase Details
Closed on
May 5, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 1, 1998
Sold by
Bought by
Purchase Details
Closed on
Apr 26, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spencer, MA
-
Lauren Hiller
-
Kathy McSweeney
Kathy McSweeney
Lamacchia Realty, Inc.
(774) 341-5503
58 Total Sales
1 in Spencer
$375,000 Price
-
Tracy LaRosa
Tracy LaRosa
Daisy Hill Real Estate and Rentals
(774) 500-3394
42 Total Sales
3 in Spencer
$375K - $600K Price Range
-
Sam Takla
Sam Takla
Coldwell Banker Realty - Framingham
(351) 444-9205
78 Total Sales
1 in Spencer
$300,000 Price
-
Carl Cempe
Carl Cempe
StartPoint Realty
(774) 504-2942
106 Total Sales
1 in Spencer
$430,000 Price
-
Michael Nugent
Michael Nugent
RE/MAX Prof Associates
(774) 479-4459
72 Total Sales
2 in Spencer
$314K - $445K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $560,000 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $240,000 | -- | ||
| $110,000 | -- | ||
| $95,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $532,000 | ||
| Previous Owner | $255,000 | ||
| Previous Owner | $40,000 | ||
| Previous Owner | $136,000 | ||
| Previous Owner | $158,500 | ||
| Previous Owner | $132,900 | ||
| Previous Owner | $27,050 | ||
| Previous Owner | $10,000 | ||
| Previous Owner | $5,000 | ||
| Previous Owner | $5,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $560,000 | +7.9% | $162 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | For Sale | $519,000 | -- | $150 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,185 | $356,500 | $40,400 | $316,100 |
| 2024 | $3,757 | $328,400 | $40,400 | $288,000 |
| 2023 | $3,572 | $296,200 | $40,400 | $255,800 |
| 2022 | $2,979 | $226,400 | $36,700 | $189,700 |
| 2021 | $2,944 | $209,700 | $36,700 | $173,000 |
| 2020 | $2,804 | $198,600 | $36,700 | $161,900 |
| 2019 | $2,626 | $189,500 | $33,100 | $156,400 |
| 2018 | $2,318 | $172,700 | $38,500 | $134,200 |
| 2017 | $2,389 | $170,900 | $36,700 | $134,200 |
| 2016 | $2,119 | $148,300 | $36,700 | $111,600 |
| 2015 | $2,157 | $157,800 | $42,500 | $115,300 |
| 2014 | $2,075 | $157,800 | $42,500 | $115,300 |
Source: Public Records
Agents Affiliated with this Home
-
John Caron
Seller's Agent in 2025
John Caron
Homestead Realty Group
(508) 826-5750
22 Total Sales
-
Stephen Reynolds
S
Seller Co-Listing Agent in 2025
Stephen Reynolds
Homestead Realty Group
(508) 667-2073
4 Total Sales
-
Ibrahim Kallon
Buyer's Agent in 2025
Ibrahim Kallon
Century 21 XSELL REALTY
(617) 599-5335
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73347818
APN: SPEN-000006U-000169
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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