NOT LISTED FOR SALE

Estimated Value: $657,090 - $744,000

6 Beds
2 Baths
2,382 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $525,000 $220 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,581/month

45 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Enclosed patio or porch

About This Home

As of July 2020

This two family home in Methuen is located just a short distance from major routes and public transportation! A great opportunity for a first time homebuyer or investor in this exciting market. First and second floor consists of - hardwood floors throughout, modern kitchen, updated bathroom, well maintained appliances. Exterior has been very well maintained featuring vinyl siding, younger roof and so much more. Plenty of parking spaces along with a 2 car garage. Did you see the size of the backyard? It is the ideal size for social distancing compliant gatherings for entertaining friends, guests and family. Great Opportunity for investor or owner-occupant! Look at the comps to verify you won't find a better priced property in Methuen. SEE IT NOW - it will not last long in this competitive market! ALL OFFERS ARE DUE BY TUESDAY @ 5PM.

Last Listed By

Team Zingales

Team Zingales Realty, LLC Listed on: 05/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,991

Year Built

  • Built in 1900

Lot Details

  • 0.3

Parking

  • 2 Car Garage

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Additional Features

  • Wood Flooring
  • Fenced Yard
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00618 B:00153A L:00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,991

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 1200
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 226.66
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4339
  • Main So: AN4339
  • Estimated Sq Ft: 2382.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Gutters, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Individually Metered
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Private School, Public School

Schools

  • Elementary School: Tenney
  • Middle School: Tenney
  • High School: MHS

Lot Info

  • Assessments: 387400.00
  • Lot: 00031
  • Acre: 0.30
  • Lot Size: 12998.00
  • Page: 186
  • Parcel Number: M:00618 B:00153A L:00031
  • Zoning: RD
  • Lot Description: Paved Drive, Cleared, Fenced/Enclosed

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 2
  • Total Rent: 2925
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5207.00
  • Assessor Parcel Number: 2042015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jul 29, 2020
Sold by
Steinberg Lance T and Steinberg Suzanne
Bought by
Martinez Daniel
Seller's Agent
Team Zingales
Team Zingales Realty, LLC
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Total Days on Market
45
Current Estimated Value
$717,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,773
Avg. Annual Appreciation
5.30%
Original Mortgage
$515,490
Outstanding Balance
$464,172
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$208,486

Purchase Details

Closed on
Dec 14, 2000
Sold by
Dumont Fernande P and Nemiccola Nancy
Bought by
Steinberg Lance T and Steinberg Suzanne

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Martinez Daniel $525,000 None Available
Steinberg Lance T $199,000 --
Steinberg Lance T $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Daniel $199,000
Open Martinez Daniel $515,490
Closed Martinez Daniel $515,490
Previous Owner Budlong Suzanne $125,000
Previous Owner Steinberg Lance T $248,575
Previous Owner Steinberg Lance T $30,000
Previous Owner Steinberg Lance T $228,375
Previous Owner Steinberg Lance T $189,000
Previous Owner Steinberg Lance T $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $525,000 -2.8% $220 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $539,900 0.0% $227 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $539,900 -- $227 / 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 $6,991 $660,800 $216,100 $444,700
2024 $6,407 $590,000 $197,100 $392,900
2023 $6,270 $535,900 $175,200 $360,700
2022 $5,645 $432,600 $138,700 $293,900
2021 $5,403 $409,600 $131,400 $278,200
2020 $5,207 $387,400 $131,400 $256,000
2019 $4,815 $339,300 $124,100 $215,200
2018 $4,544 $314,300 $116,800 $197,500
2017 $4,430 $302,400 $116,800 $185,600
2016 $3,976 $268,500 $102,200 $166,300
2015 $3,812 $261,100 $102,200 $158,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72651398

MLS Property Information Network (MLS PIN)

APN: METH-000618-000153-A000031