NOT LISTED FOR SALE

7 Main St Spencer, MA 01562

Estimated Value: $307,564 - $467,000

5 Beds
2 Baths
2,600 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $230,000 $88 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,210/month

50 Days on Market

About This Home

As of October 2018

If you've been looking for that mortgage helper or to get into an investment property this would be a great place to start!! Perched perfectly upon a knoll just past the center of town you will find this very spacious two family home! Large eat in kitchens and dining areas as well as large bedrooms!! Second floor has a 3rd bedroom that offers privacy and a huge private use deck! Parking area to accommodate several vehicles as well as a 1 stall garage with plenty of room for storage. Fenced in area of the yard is convenient for pet owners or a playground for those rambunctious youngsters!!! Updates include:Recent boiler for the first floor, roof 1 year old,Insulated by Mass Save, vinyl replacement windows, fresh exterior paint and interior hallways. Building has landlord meter and each unit has separate utilities!! This is the ONE you've been looking for!!

Last Agent to Sell the Property

Rich Trifone

RE/MAX Vision Listed on: 07/04/2018

RE/MAX Vision

Last Buyer's Agent

Christine Najem

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33

Year Built

  • Built in 1900

Lot Details

  • 0.42

Parking

  • 1 Car Garage

Outdoor Features

  • Deck

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00U12 B:00057 L:00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 92.31
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95622
  • Main So: AN0475
  • Estimated Sq Ft: 2600.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Deck - Wood
  • Foundation: Fieldstone

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 160
  • Sewer: 1200

Condo/Co-op/Association

  • Amenities: Shopping, Public School

Lot Info

  • Assessments: 156600.00
  • Acre: 0.42
  • Lot Size: 18281.00
  • Page: 71
  • Parcel Number: M:00U12 B:00057 L:00000
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 4
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 2102.00
  • Assessor Parcel Number: 1693044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
Oct 17, 2018
Sold by
Beford Gina M
Bought by
Smith Adam C
Seller's Agent
Rich Trifone
RE/MAX Vision
Buyer's Agent
Christine Najem
eXp Realty
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Current Estimated Value
$396,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,141
Avg. Annual Appreciation
8.63%
Original Mortgage
$230,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Dec 30, 2015
Sold by
Chadwick Scott
Bought by
Bedford Gina M

Purchase Details

Closed on
Jul 3, 2006
Sold by
Beford Gina M
Bought by
Beford Gina M and Chadwick Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Bedford Christopher J and Bedford Gina M
Bought by
Bedford Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1998
Sold by
Hickman William D and Hickman Cheryl J
Bought by
Beford Christopher J and Beford Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,649
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Smith Adam C $230,000 --
Bedford Gina M -- --
Beford Gina M -- --
Bedford Gina M -- --
Beford Christopher J $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Adam C $247,500
Closed Smith Adam C $231,920
Closed Smith Adam C $230,000
Previous Owner Beford Gina M $110,000
Previous Owner Bedford Gina M $155,000
Previous Owner Hickman William D $142,798
Previous Owner Hickman William D $96,649
Previous Owner Hickman William D $78,400
Previous Owner Hickman William D $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $230,000 -4.2% $88 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $240,000 0.0% $92 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $240,000 -- $92 / 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 $33 $279,700 $40,900 $238,800
2024 $2,996 $261,900 $40,900 $221,000
2023 $2,864 $237,500 $40,900 $196,600
2022 $2,803 $213,000 $37,200 $175,800
2021 $2,771 $197,400 $37,200 $160,200
2020 $2,640 $187,000 $37,200 $149,800
2019 $2,353 $169,800 $32,700 $137,100
2018 $2,102 $156,600 $39,100 $117,500
2017 $2,171 $155,300 $37,200 $118,100
2016 $2,051 $143,500 $37,200 $106,300
2015 $2,046 $149,700 $41,700 $108,000
2014 $1,969 $149,700 $41,700 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72356552

MLS Property Information Network (MLS PIN)

APN: SPEN-000012U-000057