NOT LISTED FOR SALE

Estimated Value: $728,000 - $899,000

5 Beds
2 Baths
2,912 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 19, 2017

Last sale price $205,000 $70 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $4,758/month

77 Days on Market

About This Home

As of April 2017

A two family in Methuen for $207,000!!?? Great investment opportunity for the owner occupant who wants to put in some sweat equity, investor looking for positive cash flow or possibly a flip. This size property in good shape sells for over $300,000! Large units with 2-3 bedrooms each. The average 2/3BR rental in Methuen ranges from $1,200 - $1,600 a month = easy cash flow. In-unit laundry hook ups, vinyl siding, vinyl windows, porch, deck, 2nd floor unit townhouse style with two finished rooms in the walk up attic. Property needs attention and is sold as is. Not all financing may qualify due to some plumbing leaks. Cash or rehab loans preferred. All contracts/offers are subject to seller and any offers or counter offers by seller are not binding unless the entire agreement is ratified by al parties. $75.00 buyer doc fee paid at closing. Price reflects work needed.

Last Agent to Sell the Property

Jessica Sherman-Anderson

RE/MAX Encore Listed on: 12/07/2016

RE/MAX Encore

Last Buyer's Agent

The Forzese Group

RE/MAX On The River, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,108

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Fenced/Enclosed
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Medical Facility
  • Basement: Full, Interior Access
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck
  • Foundation: Fieldstone

Utilities

  • Hot Water: Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RG
  • Lot: 5

Multi Family

  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Victoria Franklin R
Bought by
Victoria Franklin M
Current Estimated Value
$785,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,437
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1985
Bought by
Nartiff James
Source: Public Records

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
Victoria Franklin M $500,000 None Available
Nartiff James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victoria Franklin M $432,437
Closed Victoria Franklin M $432,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2017 04/19/17 Sold $205,000 -1.0% $70 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/02/2017 02/02/17 Price Changed $207,000 -8.0% $71 / Sq Ft
01/05/2017 01/05/17 Price Changed $225,000 -8.0% $77 / Sq Ft
12/07/2016 12/07/16 For Sale $244,625 -- $84 / 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 $7,108 $671,800 $183,300 $488,500
2024 $6,440 $593,000 $164,300 $428,700
2023 $6,297 $538,200 $145,400 $392,800
2022 $5,563 $426,300 $113,800 $312,500
2021 $5,316 $403,000 $107,400 $295,600
2020 $4,992 $371,400 $101,100 $270,300
2019 $4,234 $298,400 $72,000 $226,400
2018 $3,971 $278,300 $72,000 $206,300
2017 $3,808 $259,900 $67,200 $192,700
2016 $3,454 $233,200 $62,400 $170,800
2015 $3,127 $214,200 $51,800 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72099885

MLS Property Information Network (MLS PIN)

APN: METH-000714-000019-000005