1 Brown St Methuen, MA 01844
Arlington Neighborhood
5
Beds
3
Baths
2,417
Sq Ft
5,314
Sq Ft Lot
Highlights
- Property is near public transit
- <<tubWithShowerToken>>
- Shops
- Wood Flooring
- Living Room
- Shed
About This Home
As of August 2024FABULOUS MULTI-FAMILY, SO MUCH TO SEE. This is the one you've been looking for! On the first floor you'll find two good-sized bedrooms, a spacious living room, an expansive kitchen complete with an eat-in area. Also on the first floor is a full bath, complete with a tub/shower combo. Off of the kitchen, you can access a back entrance that leads to the backyard as well as a stairway to the basement where you'll find washer/dryers and plenty of space for storage. For unit #2, you travel up to the second and third floors. The entire second floor has been beautifully renovated with new flooring, painted plus new lighting. This floor plan is similar to the layout noted above for the first floor plus a huge bonus..... by passing through the front bedroom you'll travel upstairs where you'll find another whole floor with another bedroom, a living room (or bedroom), an office, a walk-in closet, a full bath and a kitchenette area with a sink. All this plus a backyard, storage shed and parking!
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 07/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,631
Year Built
- Built in 1880
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,417 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range<<rangeHoodToken>>
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- <<tubWithShowerToken>>
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- 1 Cooling Zone
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Natural Gas
- 100 Amp Service
Additional Features
- Shed
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $4,400
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 2044151
Community Details
Amenities
- Shops
- Coin Laundry
Additional Features
- 2 Units
- Net Operating Income $52,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2008
Sold by
Luciano Martires M and Jp Morgan Chase Bk
Bought by
Jp Morgan Chase Bk
Current Estimated Value
Purchase Details
Closed on
May 27, 2004
Sold by
Cairns Julie and Cairns Kenneth P
Bought by
Luciano Martires M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 18, 1997
Sold by
Ng Victor M
Bought by
Cairns Kenneth P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.23%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 26, 1996
Sold by
Emc Mortgage Corp
Bought by
Ng Victor M
Purchase Details
Closed on
Nov 21, 1995
Sold by
Prudential Home Mtg
Bought by
Emc Mtg Corp
Purchase Details
Closed on
Aug 30, 1990
Sold by
Drew Rt
Bought by
Delos Santos Modesto
Similar Homes in Methuen, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $305,000 | -- | |
| Foreclosure Deed | $305,000 | -- | |
| Deed | $306,000 | -- | |
| Deed | $306,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $66,000 | -- | |
| Deed | $66,000 | -- | |
| Deed | $69,253 | -- | |
| Deed | $69,253 | -- | |
| Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $698,386 | FHA | |
| Closed | $698,386 | FHA | |
| Previous Owner | $299,200 | No Value Available | |
| Previous Owner | $74,800 | No Value Available | |
| Previous Owner | $306,000 | Purchase Money Mortgage | |
| Previous Owner | $110,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Sold | $722,500 | +0.3% | $299 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $720,000 | -- | $298 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,297 | $689,700 | $189,400 | $500,300 |
| 2024 | $6,631 | $610,600 | $169,800 | $440,800 |
| 2023 | $6,168 | $527,200 | $150,200 | $377,000 |
| 2022 | $5,566 | $426,500 | $117,600 | $308,900 |
| 2021 | $5,314 | $402,900 | $111,000 | $291,900 |
| 2020 | $4,869 | $362,300 | $104,500 | $257,800 |
| 2019 | $4,748 | $334,600 | $98,000 | $236,600 |
| 2018 | $4,388 | $307,500 | $98,000 | $209,500 |
| 2017 | $4,184 | $285,600 | $91,400 | $194,200 |
| 2016 | $3,932 | $265,500 | $84,900 | $180,600 |
| 2015 | $3,460 | $237,000 | $70,500 | $166,500 |
Source: Public Records
Agents Affiliated with this Home
-
Marianne Cashman
Seller's Agent in 2024
Marianne Cashman
William Raveis R.E. & Home Services
(978) 475-5100
1 in this area
56 Total Sales
-
Zohreh Kim
Buyer's Agent in 2024
Zohreh Kim
Laer Realty
(978) 888-4892
1 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73266401
APN: METH-000716-000004-000011B
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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