Seller's Agent in 2023
Donna Flannery
ERA Key Realty Services- Spenc
(508) 612-6771
92 in this area
151 Total Sales
72 Cherry St Spencer, MA 01562
Estimated Value: $404,773 - $512,000
5
Beds
2
Baths
2,464
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Jogging Path
- Deck
- Corner Lot
- Patio
About This Home
As of December 2023Make a smart move into a perfect opportunity for this great owner occupied 2 family and get help to pay your mortgage! Comfortable 2 level second floor unit includes a huge greatroom/game room on the 3rd floor plus additional unfinished rooms (2) to do what you want. Potential for a 3rd unit? (You would need to check with the building inspector.) Spacious 1st floor unit (currently owners apartment)will command a high rent! Utilities are paid by each tenant(except for water/sewer). You will love the spaciousness of all the rooms! Great location within walking distance to schools, shopping,parks,bus line and all you could want! Town water & sewer,natural gas heat, basement, off street parking & more! Fenced in yard could also be used for additional parking. Great location and area with less than 15 minutes to the MA pike and other major routes. A property you'll appreciate!
Last Buyer's Agent
Kimberly Walters Adegoke
Coldwell Banker Realty - Worcester
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,418
Year Built
- Built in 1880
Lot Details
- 7,184 Sq Ft Lot
- Fenced
- Corner Lot
- Cleared Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,464 Sq Ft Home
- Property has 1 Level
- Dishwasher
- Washer
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Patio
Additional Features
- Property is near public transit and schools
- Heating Available
Listing and Financial Details
- Total Actual Rent $1,350
- Rent includes unit 2(water)
- Assessor Parcel Number M:00U06 B:00157 L:00000,1692460
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Insurance Expense $3,288
- Water Sewer Expense $2,000
- Operating Expense $5,288
- Net Operating Income $4,912
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Dec 6, 2023
Sold by
Nelson Richard C
Bought by
Vasquez-Murphy Julio C
Seller's Agent
Donna Flannery
ERA Key Realty Services- Spenc
Buyer's Agent
Kimberly Walters Adegoke
Coldwell Banker Realty - Worcester
List Price
$390,000
Sold Price
$395,000
Premium/Discount to List
$5,000
1.28%
Views
16
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
$64,443
Avg. Annual Appreciation
6.88%
Original Mortgage
$335,750
Outstanding Balance
$329,392
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,051
Purchase Details
Closed on
Sep 21, 2016
Sold by
Nelson Richard C and Nelson Heather M
Bought by
Nelson Richard C
Purchase Details
Closed on
Oct 9, 2009
Sold by
Webfirst Llc
Bought by
Nelson Richard C and Nelson Heather M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 2009
Sold by
Webster 1St Fcu and Stgermain
Bought by
Webfirst Llc
Purchase Details
Closed on
Nov 20, 1990
Sold by
Dunn Rachel C
Bought by
Stgermain James L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vasquez-Murphy Julio C | $395,000 | None Available | |
| Nelson Richard C | -- | -- | |
| Nelson Richard C | $155,000 | -- | |
| Nelson Richard C | $155,000 | -- | |
| Webfirst Llc | $155,000 | -- | |
| Webfirst Llc | $155,000 | -- | |
| Stgermain James L | $90,000 | -- | |
| Stgermain James L | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vasquez-Murphy Julio C | $335,750 | |
| Previous Owner | Nelson Richard C | $147,250 | |
| Previous Owner | Stgermain James L | $112,000 | |
| Previous Owner | Stgermain James L | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2023 12/06/23 | Sold | $395,000 | +1.3% | $160 / Sq Ft |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | For Sale | $390,000 | -- | $158 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $43 | $366,000 | $39,500 | $326,500 |
| 2024 | $3,593 | $314,100 | $39,500 | $274,600 |
| 2023 | $3,418 | $283,400 | $39,500 | $243,900 |
| 2022 | $3,428 | $260,500 | $35,900 | $224,600 |
| 2021 | $2,795 | $199,100 | $35,900 | $163,200 |
| 2020 | $2,657 | $188,200 | $35,900 | $152,300 |
| 2019 | $2,485 | $179,300 | $32,400 | $146,900 |
| 2018 | $2,185 | $162,800 | $37,700 | $125,100 |
| 2017 | $2,172 | $155,400 | $35,900 | $119,500 |
| 2016 | $2,072 | $145,000 | $35,900 | $109,100 |
| 2015 | $2,087 | $152,700 | $41,900 | $110,800 |
| 2014 | $2,008 | $152,700 | $41,900 | $110,800 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Flannery
-
K
Buyer's Agent in 2023
Kimberly Walters Adegoke
Coldwell Banker Realty - Worcester
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73170006
APN: SPEN-000006U-000157
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