Take advantage of this incredible investment opportunity. This property has major value add potential, and would be fantastic for a first time buyer to improve the property while building generational wealth! Tenants are in place with leases. The property has a new roof, but there are many updates to be made, an amazing chance to gain equity in this competitive market!
Sold for $303,500
Street View
$303,500
16 Prospect St, Spencer, MA 01562
5beds
3,642sqft
3 Family
Built in 1847
-- sqft lot
$557,400 Zestimate®
$83/sqft
$1,839 Estimated rent
Home value
$557,400
$485,000 - $647,000
$1,839/mo
Zestimate® history
Owner options
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$1,839/mo
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$1,839/mo
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$1,910/mo
Est. payment
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$1,910/mo
Est. payment
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New roof
Zillow last checked:
Listing updated:
Listed by:
Amanda George 617-347-0699,
Century 21 Shawmut Properties 617-787-2121,
Gerard George 781-964-4216
Bought with:
Jones Team
Jones and Jones Realty, Inc.
Source: MLS PIN,MLS#: 73145448
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,642
- Total interior livable area: 3,642 sqft
Property
Lot
- Size: 6,930 sqft
- Features: Other
Details
- Parcel number: M:00U07 B:00268 L:00000,1692762
- Zoning: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Other
Condition
- Year built: 1847
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Spencer
HOA & financial
Other financial information
- Total actual rent: 3400
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $303,500+1.5%$83/sqft |
Source: MLS PIN #73145448 Report a problem | ||
| 8/15/2023 | Contingent | $299,000$82/sqft |
Source: MLS PIN #73145448 Report a problem | ||
| 8/7/2023 | Listed for sale | $299,000+37275%$82/sqft |
Source: MLS PIN #73145448 Report a problem | ||
| 8/10/2017 | Listing removed | $800 |
Source: EXIT REALTY PARTNERS #72204255 Report a problem | ||
| 8/4/2017 | Sold | $800-99.3% |
Source: Agent Provided Report a problem | ||
| 7/27/2017 | Listed for rent | $800 |
Source: EXIT REALTY PARTNERS #72204255 Report a problem | ||
| 11/15/2013 | Sold | $120,000-14.2%$33/sqft |
Source: Public Record Report a problem | ||
| 8/29/2013 | Pending sale | $139,900$38/sqft |
Source: CENTURY 21 Toomey-Lovett, Inc. #71561995 Report a problem | ||
| 7/30/2013 | Listed for sale | $139,900-6.7%$38/sqft |
Source: Century 21 Toomey-Lovett #71561995 Report a problem | ||
| 9/28/2012 | Listing removed | $149,900$41/sqft |
Source: ERA Key Realty Services #70784030 Report a problem | ||
| 3/29/2011 | Price change | $149,900-16.7%$41/sqft |
Source: Bruce Taylor #70784030 Report a problem | ||
| 6/13/2010 | Price change | $179,900-10%$49/sqft |
Source: Bruce Taylor #70784030 Report a problem | ||
| 10/17/2009 | Price change | $199,900-13%$55/sqft |
Source: Bruce Taylor #70784030 Report a problem | ||
| 6/27/2008 | Price change | $229,900-14.5%$63/sqft |
Source: Bruce Taylor #70784030 Report a problem | ||
| 3/1/2008 | Listed for sale | $269,000-0.3%$74/sqft |
Source: MLS Property Information Network #70586579 Report a problem | ||
| 12/7/2007 | Listing removed | $269,900$74/sqft |
Source: ERA #70586579 Report a problem | ||
| 11/12/2007 | Listed for sale | $269,900$74/sqft |
Source: ERA #70586579 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,643 -14.6% | $310,300 -16.8% |
| 2024 | $4,265 +5.8% | $372,800 +11.5% |
| 2023 | $4,033 -0.5% | $334,400 +8.6% |
| 2022 | $4,052 +19% | $307,900 +27% |
| 2021 | $3,405 +5.7% | $242,500 +6.3% |
| 2020 | $3,222 +6.4% | $228,200 +4.4% |
| 2019 | $3,028 +14.3% | $218,500 +10.7% |
| 2018 | $2,649 -3.3% | $197,400 +0.7% |
| 2017 | $2,740 +5.6% | $196,000 +7.9% |
| 2016 | $2,595 +5.4% | $181,600 +0.8% |
| 2015 | $2,463 +3.9% | $180,200 |
| 2014 | $2,370 +3% | $180,200 |
| 2013 | $2,301 -2.4% | $180,200 -6.1% |
| 2012 | $2,357 +4.8% | $191,900 -5.5% |
| 2011 | $2,248 -1.1% | $203,100 -12.2% |
| 2010 | $2,272 -7% | $231,400 -17.1% |
| 2009 | $2,442 +13.6% | $279,100 +2.8% |
| 2008 | $2,149 +3.8% | $271,400 +1.3% |
| 2007 | $2,070 +7.9% | $267,800 +18.5% |
| 2006 | $1,919 -0.5% | $226,000 +2% |
| 2005 | $1,928 +15.8% | $221,600 +11.8% |
| 2004 | $1,665 +4.6% | $198,200 +55.2% |
| 2003 | $1,592 +10.6% | $127,700 |
| 2001 | $1,439 +20.4% | $127,700 +31.6% |
| 2000 | $1,195 +10.9% | $97,000 -0.5% |
| 1997 | $1,078 | $97,500 |
Find assessor info on the county website
Neighborhood: 01562
Nearby schools
GreatSchools rating
- 4/10Knox Trail Junior High SchoolGrades: 5-8Distance: 0.5 mi
- 3/10David Prouty High SchoolGrades: 9-12Distance: 1.1 mi
- 3/10Wire Village SchoolGrades: K-4Distance: 1.7 mi
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Estimated market value
$557,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$557,400
- Massachusetts
- Worcester County
- Spencer
- 01562
- 16 Prospect St
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