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42 Paxton Road

42 Paxton Road, Spencer, MA 01562
Property in Spencer
Sold Dec 21, 2016
$200,000
$193,000 by Ocwen Fin Svc Inc
Mortgage Due Dec 21, 2046
Sold Apr 24, 2012
$150,000
42 Paxton Road has been categorized by the local assessors in Spencer, MA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 42 Paxton Road has 925 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 42 Paxton Road sold most recently in Jan 1, 1970 for a total of $200,000. If you work out the math, that's approximately a cost of $216.22 per sqft. Before that, the property was also sold for $150,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,860 in taxes each year. The initial year of tax delinquency occurred in 2024. 42 Paxton Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $250,000. If we break it down further, the land itself was valued at $46,700. Improvements to the property, however, were assessed at a total of $203,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking

Condition

Wooded Lot
Level Lot

Waterfront

Beach Front

Location

Corner Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,250
  • Total Building Area: 925
  • Gross Building Area: 2,074
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 925
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEFINITIVE PLAN MAPLEVALE
  • Land Acres: 0.465
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRASER ROBERT
  • Current Owner 2: FRASER PAMELA J
  • Previous Owner : JOHNSON WALTER B
  • Owner Before Previous Owner: STEWART JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Spencer-East Brookfield School District
  • School Tax School District: SPENCR-E BRKFLD
  • Census Tract: 726100

Geography

  • Parcel: SPEN M:00U17 B:00004 L:00000
  • Block: 4
  • Municipality: SPENCER
  • Latitude: 42.2578
  • Longitude: -71.9765

    Address

  • Full Address: 42 Paxton Rd
  • Address - House Number: 42
  • Address - Street Name: Paxton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Spencer
  • Carrier Code: C005
  • 4-Digit Zip Code: 1514
  • Zip Code: 01562

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,860
  • Intital Tax Deliquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 332,683
  • High Value: 399,910
  • Low Value: 265,456

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $222,028
  • First Open Lien Mortgage Lender: OCWEN FIN SVC INC
  • First Open Lien Mortgage Recording Date: Dec 21, 2016
  • First Open Lien Mortgage Loan Amount: $193,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 21, 2046
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Nov 30, 2022
  • Second Open Lien Mortgage Loan Amount: $29,028
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $250,000
  • Assessed Land Value: $46,700
  • Assessed Improvements Value: $203,300

    Sales

  • Current Sale Recording Date: Dec 21, 2016
  • Current Sale Transaction ID: 1911542975
  • Current Sale Price: $200,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 147518
  • Previous Sale Recording Date: Apr 24, 2012
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: OCWEN FIN SVC INC
  • First Mortgage Transaction Date: Dec 21, 2016
  • First Mortgage Loan Amount: $193,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 21, 2046

About Worcester



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Frequently Asked Questions

What neighborhood is 42 Paxton Road located in?
The 42 Paxton Road is a located in the neighborhood of Spencer in Worcester, Spencer.
What is the average sales price for listings in 42 Paxton Road?
The average sales price for units in 42 Paxton Road is $0 currently.

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