Sold for $300,000

$300,000

103 Mechanic St, Spencer, MA 01562

2beds

1,750sqft

Multi Family

Built in 1862

-- sqft lot

$336,700 Zestimate^®

$171/sqft

$1,943 Estimated rent

Home value

$336,700

$306,000 - $370,000

$1,943/mo

Zestimate^® history

Owner options

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$1,943/mo

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$1,943/mo

Rent Zestimate^®

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$1,920/mo

Est. payment

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$1,920/mo

Est. payment

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What's special

Work area in basementBeautiful rounded porchLarge yard

What a fantastic opportunity to purchase a multi-family. Bring some elbow grease and make this home into a beautiful owner occupied home or lifetime investment. One vacant unit downstairs. This home has great bones, two 2 bedroom units, beautiful rounded porch, 1 car garage with loft, large yard, work area in basement and more. Close to shopping, restaurant's and schools. OPEN HOUSE CANCELLED

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Features

Basement: Partial,Partially Finished,Walk-Out Access,Interior Entry,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,750
Total interior livable area: 1,750 sqft

Property

Parking

Total spaces: 5
Parking features: Paved Drive, Off Street
Garage spaces: 1
Uncovered spaces: 4

Lot

Size: 9,636 Square Feet
Features: Cleared, Level

Details

Parcel number: M:00U02 B:00011 L:00000,1692063
Zoning: VR

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Stone

Condition

Year built: 1862

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, House of Worship, Public School

Location

Region: Spencer

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $239,100
Annual tax amount: $2,735
Date on market: 1/22/2026
Total actual rent: 600

Price history

Date	Event	Price
1/9/2025	Sold	$300,000+13.2%$171/sqft
Source: MLS PIN #73315092 Report a problem
11/22/2024	Listed for sale	$265,000$151/sqft
Source: MLS PIN #73315092 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,034 +10.9%	$258,400 +8.1%
2024	$2,735 +4.5%	$239,100 +10.2%
2023	$2,617 -0.4%	$217,000 +8.7%
2022	$2,628 +15%	$199,700 +22.7%
2021	$2,286 +4.7%	$162,800 +5.2%
2020	$2,184 +7.3%	$154,700 +5.3%
2019	$2,036 +6.1%	$146,900 +2.7%
2018	$1,919 -2.8%	$143,000 +1.3%
2017	$1,974 +4.7%	$141,200 +7%
2016	$1,886 -0.9%	$132,000 -5.2%
2015	$1,904 +3.9%	$139,300
2014	$1,832 +0.4%	$139,300 -2.5%
2013	$1,824 +3.2%	$142,800 -0.8%
2012	$1,767 +1.1%	$143,900 -8.9%
2011	$1,748 +0.7%	$157,900 -10.6%
2010	$1,735 -3.5%	$176,700 -14%
2009	$1,798 +12%	$205,500 +1.4%
2008	$1,605 +1.1%	$202,600 -1.3%
2007	$1,587 -3.4%	$205,300 +6.1%
2006	$1,643 +6.8%	$193,500 +9.4%
2005	$1,539 +13.2%	$176,900 +9.3%
2004	$1,359 +8.9%	$161,800 +61.6%
2003	$1,248 +10.6%	$100,100
2001	$1,128 +22.7%	$100,100 +34.2%
2000	$919 +10.5%	$74,600 -0.8%
1997	$832	$75,200