NOT LISTED FOR SALE

9 Pearl St Spencer, MA 01562

Estimated Value: $224,000 - $423,000

6 Beds
2 Baths
1,964 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $175,000 $89 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,696/month

38 Days on Market

About This Home

As of February 2022

GROUP SHOWINGS ONLY--NEXT GROUP SHOWING WILL BE******** WEDNESDAY 11/24 from 11:00-12:00******** --IF NOT SOLD ANOTHER GROUP SHOWING WILL BE POSTED--Two Family located near the center of town. Three Bedrooms on each floor, 2nd floor has 3rd floor bonus rooms! Large 21x33 Car Garage w/workbench & electric service Town Water & Sewer, All Separate Utilities, good sized yard, vinyl siding and front porch. Easy access to Rte 9 and 31.

Last Agent to Sell the Property

Jay Falone

RE/MAX Executive Realty Listed on: 10/18/2021

RE/MAX Executive Realty

Last Buyer's Agent

Joy Rapsomanikis

HJRealty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27

Year Built

  • 1920

Lot Details

  • 9,148

Parking

  • 4

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27

Year Built

1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Water to Valley to Pearl
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Renovated Since
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Unit 1(Range), Unit 2(Range), Water Heater(Varies Per Unit), Utility Connections Varies per Unit
  • Has Basement: Full, Interior Entry, Dirt Floor, Concrete
  • Total Bathrooms: 2
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 96.69
  • PRICE PER Sq Ft: 89.1
  • MAIN SO: AC0355
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl,Carpet
  • Interior Amenities: Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter, Stone
  • Construction Type: Frame
  • Patio And Porch Features: Porch, Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Steam,Oil), Unit 2(Hot Water Baseboard,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Laundromat
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community: No

Lot Info

  • LOT SIZE: 9159
  • PAGE: 75
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9147.6
  • Zoning: State 1040

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 1975
  • Property Net Operating Income: 23700
  • Number Of Units Total: 2
  • Total Actual Rent: 1975

Tax Info

  • Tax Annual Amount: 2246
  • Tax Book Number: 51187
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Mar 21, 2022
Sold by
Sote Jorgo and Sote Aferdita
Bought by
Arti Llc
Seller's Agent
Jay Falone
RE/MAX Executive Realty
Buyer's Agent
Joy Rapsomanikis
HJRealty Group, LLC
Sold Price
$175,000
Current Estimated Value
$310,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,902
Avg. Annual Appreciation
16.29%

Purchase Details

Listed on
Oct 18, 2021
Closed on
Jan 4, 2022
Sold by
Scudder Bay Capital Llc
Bought by
Sote Jorgo and Sote Aferdita
Seller's Agent
Jay Falone
RE/MAX Executive Realty
Buyer's Agent
Joy Rapsomanikis
HJRealty Group, LLC
Sold Price
$175,000

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jul 12, 2013
Sold by
Desplaines Dennis
Bought by
Scudder Bay Capital Ll
Seller's Agent
Donna Flannery
ERA Key Realty Services- Spenc
Buyer's Agent
Kathleen Cooper
Sposato Realty Group
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arti Llc -- None Available
Sote Jorgo $175,000 None Available
Scudder Bay Capital Ll $15,000 --
Scudder Bay Capital Ll $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scudder Bay Cap Llc $20,000,000
Previous Owner Scudder Bay Capital Ll $23,000,000
Previous Owner Scudder Bay Capital Ll $1,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $175,000 -20.4% $89 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/22/2021 11/22/21 For Sale -- -- --
11/10/2021 11/10/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $219,900 +266.5% $112 / Sq Ft
07/11/2013 07/11/13 Sold $60,000 -20.0% $29 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $75,000 -- $36 / 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 $228,200 $28,400 $199,800
2024 $2,232 $195,100 $28,400 $166,700
2023 $2,597 $215,300 $28,400 $186,900
2022 $2,612 $198,500 $25,800 $172,700
2021 $2,246 $160,000 $25,800 $134,200
2020 $2,138 $151,400 $25,800 $125,600
2019 $2,004 $144,600 $23,300 $121,300
2018 $1,714 $127,700 $31,000 $96,700
2017 $1,764 $126,200 $29,500 $96,700
2016 $1,681 $117,600 $29,500 $88,100
2015 $1,610 $117,800 $34,100 $83,700
2014 $1,549 $117,800 $34,100 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72909738

MLS Property Information Network (MLS PIN)

APN: SPEN-000008U-000029