NOT LISTED FOR SALE

1008 Methuen St Dracut, MA 01826

Estimated Value: $794,000 - $979,000

7 Beds
3 Baths
2,629 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $641,000 $244 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,345/month

15 Days on Market

About This Home

As of January 2022

Opportunity knocks! Don't miss your chance to own a single and multi on one lot! Sitting on a little over an acre, you'll have plenty of space! Great location - close to public transportation, shopping, parks, walk trails, highway access, and university! Single family is a bungalow styled home with 3 beds and 1 bath. Living room features beamed ceilings, plush w2w carpet, and has exterior access. Bright and sunny eat in kitchen is perfect for prepping meals. 3 generously sized bedrooms with ample closet space - plenty of space for everyone. Full bath with a tub/shower duo completes the package. Multi family has two units - both consisting of 2 beds and 1 bath per unit. Each unit boasts ceiling fans, a pantry, and much more. Large lot gives you the opportunity to make this your own! Whether you want to move right in or be a landlord - this one is for you! Showings begin at open house Saturday 11-1.

Last Agent to Sell the Property

Michael Harris

Lamacchia Realty, Inc. License #453014073 Listed on: 07/27/2021

Lamacchia Realty, Inc.

Last Buyer's Agent

Jefri Liriano

Liriano Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,629

Year Built

  • 1905

Lot Details

  • 1.5

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,629

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: MA-110E to Stuart Ave to Methuen St
  • Garage Yn: No
  • Efficiency: Varies per Unit
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1905

Interior Features

  • Appliances: Gas Water Heater,Tank Water Heater
  • Has Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 239.63
  • PRICE PER Sq Ft: 243.82
  • MAIN SO: G95022
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Vinyl,Carpet,Varies Per Unit, Unit 1(undefined)
  • Interior Amenities: Unit 1(Pantry,Slider), Unit 2(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 4
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage
  • Foundation Details: Brick/Mortar, Irregular
  • Construction Type: Frame
  • Disclosures: Single Family And Two Family On One Lot Being Sold Together. Rents Are Based Off Of Market Rent Prices In Dracut. Buyer/Buyer Agent To Do Due Diligence. City/Sewer Will Be Installed
  • Lot Features: Gentle Sloping, Level
  • Patio And Porch Features: Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Gas,Wall Unit)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Private School, Public School, T-Station, University

Lot Info

  • LOT SIZE: 65340
  • PAGE: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 65340
  • Zoning: R1

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1
  • Annual Gross Income: 45600
  • Property Net Operating Income: 45600
  • Number Of Units Total: 3
  • Total Actual Rent: 3800

Tax Info

  • Tax Annual Amount: 6943
  • Tax Book Number: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jan 21, 2022
Sold by
Russell Sharon and Downs Ronald C
Bought by
Campusano Bianca Y and Brito Angel A
Seller's Agent
Michael Harris
Lamacchia Realty, Inc.
Buyer's Agent
Jefri Liriano
Liriano Realty
List Price
$630,000
Sold Price
$641,000
Premium/Discount to List
$11,000
1.75%
Current Estimated Value
$852,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,737
Avg. Annual Appreciation
7.31%
Original Mortgage
$629,389
Outstanding Balance
$587,122
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$235,629

Purchase Details

Closed on
Jul 6, 2020
Sold by
Russell Sharon
Bought by
Russell Sharon and Downs Ronald C

Purchase Details

Closed on
Jul 23, 2004
Sold by
Downs Helen
Bought by
Russell Sharon

Purchase Details

Closed on
Dec 29, 1965
Bought by
Downs Helen
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
Campusano Bianca Y $641,000 None Available
Russell Sharon -- None Available
Russell Sharon -- --
Downs Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campusano Bianca Y $629,389
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $641,000 +1.7% $244 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $630,000 -- $240 / 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 $7,629 $753,900 $236,400 $517,500
2024 $7,482 $716,000 $225,300 $490,700
2023 $7,566 $653,400 $196,000 $457,400
2022 $7,281 $592,400 $178,600 $413,800
2021 $6,943 $533,700 $162,500 $371,200
2020 $6,759 $506,300 $157,700 $348,600
2019 $6,133 $446,000 $150,300 $295,700
2018 $6,135 $433,900 $150,300 $283,600
2017 $5,565 $433,900 $150,300 $283,600
2016 $5,428 $365,800 $144,600 $221,200
2015 $5,306 $355,400 $144,600 $210,800
2014 $4,867 $335,900 $144,600 $191,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72872190

MLS Property Information Network (MLS PIN)

APN: DRAC-000067-000000-000004