NOT LISTED FOR SALE

Estimated Value: $440,000 - $672,000

5 Beds
2 Baths
2,000 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $390,000 $195 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,677/month

Highlights

  • Golf Course Community
  • Property is near public transit
  • Coin Laundry
  • Medical Services
  • Shops

About This Home

As of April 2023

Seller is looking for an all cash, quick close sale with tenants in place. We do not have interior access at this time. MAKE AN OFFER! Occupied 2 family in convenient Methuen location, sold in as-is condition, and sold with tenants at will IN PLACE. Bonus finished 3rd floor walk up! Younger roof, 1 newer heating system. Make an offer, Seller says SELL!

Last Agent to Sell the Property

Matt McLennan

Century 21 McLennan & Company Listed on: 04/10/2023

Century 21 McLennan & Company

Last Buyer's Agent

Matt McLennan

Century 21 McLennan & Company Listed on: 04/10/2023

Century 21 McLennan & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,708

Year Built

  • Built in 1980

Lot Details

  • 2,509 Sq Ft Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $2,500
  • Assessor Parcel Number 2044148

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community

Additional Features

  • 2 Units
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,708

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1980
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2000
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: G46000
  • LIST PRICE PER Sq Ft: 199.95
  • PRICE PER Sq Ft: 195
  • MAIN SO: G46000

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, Public School

Lot Info

  • Parcel Number: 2044148
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2509
  • Lot Size Units: Acres
  • PAGE: 124
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4708
  • Tax Book Number: 12597

Multi Family

  • Gross Income: 30000
  • Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500
  • LEVELS 1: 1
  • 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
Nov 16, 2011
Sold by
Tsolakos Chrisoula and Tsolakos Christos
Bought by
Tayetus Rt and Tsolakos
Current Estimated Value
$573,617

Purchase Details

Closed on
Aug 30, 2011
Sold by
Billings Daniel G
Bought by
Tsolakos Christos and Tsolakos Chrisoula
Source: Public Records

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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
Tayetus Rt -- --
Tayetus Rt -- --
Tsolakos Christos $110,000 --
Tsolakos Christos $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grasso Vincent J $273,000
Closed Grasso Vincent J $273,000
Previous Owner Strassel Allen G $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $390,000 -2.5% $195 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $399,900 -- $200 / 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 $5,771 $545,500 $145,600 $399,900
2024 $5,404 $497,600 $130,500 $367,100
2023 $5,264 $449,900 $115,500 $334,400
2022 $4,708 $360,800 $90,400 $270,400
2021 $4,504 $341,500 $85,300 $256,200
2020 $4,235 $315,100 $80,300 $234,800
2019 $3,682 $259,500 $56,500 $203,000
2018 $3,449 $241,700 $56,500 $185,200
2017 $3,312 $226,100 $52,700 $173,400
2016 $3,008 $203,100 $48,900 $154,200
2015 $2,738 $187,500 $40,700 $146,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73096658

MLS Property Information Network (MLS PIN)

APN: METH-000716-000004-000008