NOT LISTED FOR SALE

10 Cypress Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $657,000 - $734,000

6 Beds
2.5 Baths
2,039 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $600,000 $294 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,146/month

78 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Level Lot
  • Property is near public transit
  • Patio

About This Home

As of August 2023

The impressive multi family living space has a functional interior with good sized bedrooms. Updated flooring, updated 1st floor bath, new stove and new fridge all make this a great investment. First unit has 4 bedrooms, and a full basement. They do have a room in the basement that is being used as a 5th bedroom for unit 1. Unit 2 is upstairs and has 2 bedrooms. Out back, you'll find the ultimate urban retreat, equipped with a deck and patio to enjoy the outdoors. A place where wonderful memories are made. Ideally located in an established area of Methuen, making it a desirable area for people looking to rent. Live in one unit and rent the other or rent both units. 1/2 of the flat roof and roof of addition were redone in 2023! Dishwasher, Washer and dryer included as well as two storage sheds. This is ready to move in.

Last Agent to Sell the Property

Rachel Amato

Century 21 Your Way Listed on: 04/25/2023

Century 21 Your Way

Last Buyer's Agent

Crilix Jaquez

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,546

Year Built

  • Built in 1920

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,039 Sq Ft Home
  • Property has 2 Levels
  • Dishwasher
  • Electric Dryer Hookup
  • Partially Finished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 7 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Community Details

  • 2 Units
  • Net Operating Income $20,400

Listing and Financial Details

  • Total Actual Rent $1,700
  • Assessor Parcel Number 2042052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,546

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Refrigerator), Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Partially Finished
  • Living Area: 2039
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7688
  • LIST PRICE PER Sq Ft: 318.29
  • PRICE PER Sq Ft: 294.26
  • MAIN SO: AN0992

Exterior Features

  • Exterior Features: Deck - Wood,Patio,Storage Shed
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven, for Electric Dryer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2042052
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791
  • Lot Size Units: Acres
  • PAGE: 271
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5546
  • Tax Book Number: 5464

Multi Family

  • Gross Income: 20400
  • Net Operating Income: 20400
  • Number Of Units Total: 2
  • Total Actual Rent: 1700
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 1999
Sold by
Scionti Christine R
Bought by
Gynan Eric E
Current Estimated Value
$682,426
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gynan Eric E $119,000 --
Gynan Eric E $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gynan Eric E $176,070
Closed Gynan Eric E $163,600
Closed Gynan Eric E $7,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $600,000 -7.6% $294 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $649,000 -3.9% $318 / Sq Ft
07/01/2023 07/01/23 Price Changed $675,000 0.0% $331 / Sq Ft
07/01/2023 07/01/23 For Sale $675,000 +12.5% $331 / Sq Ft
05/09/2023 05/09/23 Off Market $600,000 -- --
05/01/2023 05/01/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $649,000 -- $318 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $6,340 $599,200 $192,100 $407,100
2024 $5,807 $534,700 $175,200 $359,500
2023 $5,546 $474,000 $155,800 $318,200
2022 $4,969 $380,800 $123,300 $257,500
2021 $4,760 $360,900 $116,800 $244,100
2020 $4,578 $340,600 $116,800 $223,800
2019 $4,213 $296,900 $110,300 $186,600
2018 $3,916 $274,400 $103,800 $170,600
2017 $3,862 $263,600 $103,800 $159,800
2016 $3,454 $233,200 $90,900 $142,300
2015 $3,307 $226,500 $90,900 $135,600
Source: Public Records

Agents Affiliated with this Home

  • Rachel Amato

    Seller's Agent in 2023

    Rachel Amato

    Century 21 Your Way

    (978) 758-8428

    1 in this area

    42 Total Sales

    Rachel Amato
    Section Image

  • C

    Buyer's Agent in 2023

    Crilix Jaquez

    Century 21 North East

    3 in this area

    4 Total Sales

    Crilix Jaquez
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73102787

MLS Property Information Network (MLS PIN)

APN: METH-000618-000158-000017

Massachusetts Essex County Methuen 01844 Downtown Methuen

10 Cypress Ave, Methuen, MA

This home is located at 10 Cypress Ave, Methuen, MA 01844 since 25 April 2023 and is currently estimated at $682,426, approximately $334 per square foot. This property was built in 1920. 10 Cypress Ave is a home located in Essex County with nearby schools including Gerard A. Guilmette School, School For Exceptional Studies, and Lawrence Family Development Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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