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103 Mechanic St, Spencer, MA, 01562

$265,000

Home List Price

$3,147*

Closing Credit

2 Bedrooms
2 Full Baths
1,750 SqFt
$151/SqFt
Multi

Location

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103 Mechanic St, Spencer$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Garage1 space
Year Built1862
BasementYes
MLS #73315092
Lot Size0.22 Acres
StatusActive
(New)

About 103 Mechanic St

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 Saturday November 30th 11:00am - 1:00pm. May not pass all types of financing.

Property Details

Property Features

Property Information:

  • Year Built: 1862
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: Milestone Real Estate LLC
  • Office Phone: (508) 561-4235
  • Listing Agent: Shannon Madigan

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 0.22 Acres

Other

Directions Information:

  • Directions: Rt 9 to Mechanic St. GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $2,286
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spencer, MA.

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Spencer, MA

City

Med. Sold Price

$425K

Med. Price/SqFt

$234

Avg. Days On Market

32

# of Sold Homes

8

103 Mechanic St vs Spencer

1 DAY ON ROCKET

-31 Days

$265,000

-$160K Less

$151/SqFt

-$84 Less

KEY TAKEAWAY

This property is $160K less than the Median Sold Price and $84/SqFt less than other homes in Spencer, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73315092

Listing Office:

  • Office Name: Milestone Real Estate LLC
  • Office Phone: (508) 561-4235
  • Listing Agent: Shannon Madigan

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,286$162,800
2020$2,184$154,700
2019$2,036$146,900
2018$1,919$143,000
2017$1,974$141,200

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-870431
2
/10

  • Wire Village School

  • 60 Paxton Rd

  • 1.72 miles

  • Public District Grades KG-4

school-card-donut-870432
3
/10

  • Leicester Elementary School

  • 170 Paxton St

  • 4.48 miles

  • Public District Grades KG-4

school-card-donut-870433
4
/10

  • North Brookfield Elementary School

  • 10 High School Dr

  • 5.30 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,405. Typical income of Spencer, MA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Worcester County›Spencer›01562›103 Mechanic St

This home is located at 103 Mechanic St in Spencer, MA and zip code 01562. This 1,750 square foot home, which was built in 1862, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $265,000.

In October 2024, from all listings sold in Spencer, MA there were more than 3 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Spencer, MA between September 2024 and October 2024 increased by 4.8%. Listings spent 32 days on the market in October 2024, and had a median list price of $425,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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