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1 Borkum Rd

Spencer, MA 01562

3 bd 3 ba 1,904 sqft Built 2016 Lot 68,389 sqft single_family
Most recent sale
$440,000
Feb 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2022 Sold $440,000 MLS #72920683
Jan 4, 2022 Relisted $424,900 MLS #72920683
Dec 7, 2021 Listing removed $424,900 MLSPIN
Nov 17, 2021 Listed $424,900 MLS #72920683
Mar 3, 2017 Sold $302,500 MLS #72084908
Oct 23, 2016 Listed $297,500 MLS #72084908

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $445,700 $57,100 $502,800 $5,903
2024 $421,100 $57,100 $478,200 $5,471
2023 $377,500 $57,100 $434,600 $5,241
2022 $315,600 $51,700 $367,300 $4,834
2021 $278,400 $51,700 $330,100 $4,635
2020 $248,700 $51,700 $300,400 $4,242
2019 $223,800 $46,900 $270,700 $3,752
2018 $209,800 $54,000 $263,800 $3,540
2017 $51,700 $51,700 $723

Property facts

Year built
2016
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,904 sqft
Lot size
68,389 sqft
ZIP code
01562
City
Spencer
Street
Borkum Rd
Coordinates
42.20545, -71.96873

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,640
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1 Borkum Rd last sell?
1 Borkum Rd most recently sold on Feb 7, 2022 for $440,000.
What is the current tax assessment for 1 Borkum Rd?
The most recent total assessment for 1 Borkum Rd (year 2025) is $502,800 with $5,903 in property tax.
How does 1 Borkum Rd's assessment compare to its last sale price?
The current assessment is 14.3% above the last sale price of $440,000.
When was 1 Borkum Rd built?
1 Borkum Rd was built in 2016.
How does 1 Borkum Rd compare to others on Borkum Rd?
We track 7 other properties on Borkum Rd. Browse the list under "Other properties on Borkum Rd" to compare beds, baths, and sale history.
What are the property facts for 1 Borkum Rd?
1 Borkum Rd is a 3 bed, 3 bath, 1,904 sqft, 68,389 sqft lot single_family.
Is 1 Borkum Rd a flip candidate?
No — 1 Borkum Rd does not appear in our flips dataset.
Is 1 Borkum Rd a tax-appeal candidate?
No — 1 Borkum Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.4%
Implied 1-yr
+25.6%
2026 Q3
$516.8K
2026 Q4
$540.2K
ZIP 01562 — Median Price History + Forecast

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