Seller's Agent in 2016
Michelle Fanion
ERA Key Realty Services- Spenc
(508) 335-8120
1 in this area
64 Total Sales
8 Dustin St Spencer, MA 01562
Estimated Value: $323,077 - $450,000
5
Beds
3
Baths
1,795
Sq Ft
$215/Sq Ft
Est. Value
About This Home
As of May 2016Are you looking for a great investment opportunity? Look no further than this well maintained three unit property! Conveniently located close to the center of Spencer but still in a quiet neighborhood. This home has easy access to the bus line, shopping, restaurants, banks and the library. This property boasts a small yard for grilling, a detached garage, off street parking, large bathrooms and washer/dryer hook-ups in the units. Enjoy open concept living in these bright units. Each unit has separate heat and electric and a landlord panel is in place. Updates include: 1st floor unit and hall stairs freshly painted, new carpets in first and third floor units and the gas furnace and electric water heaters are three years old. The first floor has gas heat and includes a wash/dryer combo, new stove and refrigerator is two years old. The second and third floor have electric heat. This property could pay the mortgage for an owner occupied or be a great money maker for an investor.
Last Agent to Sell the Property
ERA Key Realty Services- Spenc Listed on: 03/12/2016
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$37
Year Built
1862
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1862
Interior Features
- Has Basement: Yes
- Number of Rooms: 11
- Amenities: Public Transportation, Shopping, Park, Laundromat
- Electric: 100 Amps
- Energy: Insulated Windows
- Flooring: Vinyl, Wall to Wall Carpet
- Basement: Full
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone
Garage/Parking
- Garage Spaces: 1
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 6
Utilities
- Hot Water: Electric
- Utility Connections: Washer Hookup, Varies per Unit
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Schools
- High School: David Prouty
Lot Info
- Assessor Parcel Number: M:00U02 B:00014 L:00000
- Zoning: residntl
Multi Family
- Foundation: 24X35
- Total Bedrooms: 5
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 11
- Total Rent_1: 1850
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2016
Closed on
May 23, 2016
Sold by
Tracy Richard A
Bought by
Brouillard Pierre
Seller's Agent
Michelle Fanion
ERA Key Realty Services- Spenc
Buyer's Agent
Alice Racicot Tomasino
Real Broker MA, LLC
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
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
$216,269
Avg. Annual Appreciation
9.15%
Original Mortgage
$127,500
Outstanding Balance
$101,267
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$285,002
Purchase Details
Closed on
Jun 19, 2014
Sold by
Tracy Tara M
Bought by
Tracy Richard A
Purchase Details
Closed on
Dec 17, 2003
Sold by
Blanchete Timothy
Bought by
Tracy Richard A and Tracy Tara M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2000
Sold by
Daoust Eva R
Bought by
Blanchette Timothy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brouillard Pierre | $170,000 | -- | |
| Tracy Richard A | -- | -- | |
| Tracy Richard A | $212,000 | -- | |
| Blanchette Timothy E | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brouillard Pierre | $127,500 | |
| Previous Owner | Tracy Richard A | $170,000 | |
| Previous Owner | Blanchette Timothy E | $25,000 | |
| Previous Owner | Blanchette Timothy E | $135,600 | |
| Previous Owner | Blanchette Timothy E | $118,800 | |
| Previous Owner | Blanchette Timothy E | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2016 05/23/16 | Sold | $170,000 | -2.9% | $95 / Sq Ft |
| 04/05/2016 04/05/16 | Pending | -- | -- | -- |
| 03/12/2016 03/12/16 | For Sale | $175,000 | -- | $97 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $37 | $313,500 | $41,400 | $272,100 |
| 2024 | $3,315 | $289,800 | $41,400 | $248,400 |
| 2023 | $3,165 | $262,400 | $41,400 | $221,000 |
| 2022 | $3,048 | $231,600 | $37,700 | $193,900 |
| 2021 | $2,649 | $188,700 | $37,700 | $151,000 |
| 2020 | $2,530 | $179,200 | $37,700 | $141,500 |
| 2019 | $2,358 | $170,100 | $33,400 | $136,700 |
| 2018 | $2,110 | $157,200 | $39,500 | $117,700 |
| 2017 | $2,171 | $155,300 | $37,700 | $117,600 |
| 2016 | $2,011 | $140,700 | $37,700 | $103,000 |
| 2015 | $2,051 | $150,000 | $43,400 | $106,600 |
| 2014 | $1,973 | $150,000 | $43,400 | $106,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Fanion
-
Alice Racicot Tomasino
Buyer's Agent in 2016
Alice Racicot Tomasino
Real Broker MA, LLC
(508) 864-3488
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71971191
APN: SPEN-000002U-000014
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