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122 Spruce St

Leominster, MA 01453

5 bd 2 ba 1,579 sqft Built 1920 Lot 2,375 sqft multi_family
Most recent sale
$297,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $297,000 MLS #72965652
Apr 12, 2022 Listed $279,900 MLS #72965652
Jul 21, 2003 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $261,000 $99,800 $360,800 $5,062
2024 $226,900 $95,000 $321,900 $4,671
2023 $203,800 $82,700 $286,500 $4,452
2022 $184,900 $71,900 $256,800 $4,253
2021 $164,900 $55,900 $220,800 $4,003
2020 $164,900 $53,000 $217,900 $3,918
2019 $141,700 $47,700 $189,400 $3,511
2018 $130,100 $46,300 $176,400 $3,410
2017 $99,600 $43,200 $142,800 $2,817
2016 $93,700 $43,200 $136,900 $2,681
2015 $86,700 $43,200 $129,900 $2,525
2014 $90,500 $44,400 $134,900 $2,548
2006 $103,500 $94,500 $198,000 $2,136
2005 $107,000 $66,900 $173,900 $2,045
2004 $90,200 $61,900 $152,100 $1,926
2003 $85,400 $61,900 $147,300 $1,915

Property facts

Year built
1920
Property type
multi_family
Stories
3
Beds
5
Baths
2
Living area
1,579 sqft
Lot size
2,375 sqft
ZIP code
01453
City
Leominster
Street
Spruce St
Coordinates
42.52625, -71.75103

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,782
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 122 Spruce St last sell?
122 Spruce St most recently sold on Jul 7, 2022 for $297,000.
What is the current tax assessment for 122 Spruce St?
The most recent total assessment for 122 Spruce St (year 2025) is $360,800 with $5,062 in property tax.
How does 122 Spruce St's assessment compare to its last sale price?
The current assessment is 21.5% above the last sale price of $297,000.
When was 122 Spruce St built?
122 Spruce St was built in 1920.
How does 122 Spruce St compare to others on Spruce St?
We track 8 other properties on Spruce St. Browse the list under "Other properties on Spruce St" to compare beds, baths, and sale history.
What are the property facts for 122 Spruce St?
122 Spruce St is a 5 bed, 2 bath, 1,579 sqft, 2,375 sqft lot multi_family.
Is 122 Spruce St a flip candidate?
No — 122 Spruce St does not appear in our flips dataset.
Is 122 Spruce St a tax-appeal candidate?
Yes — 122 Spruce St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.1%
Implied 1-yr
-8.3%
2026 Q3
$363.6K
2026 Q4
$358.1K
ZIP 01453 — Median Price History + Forecast

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