NOT LISTED FOR SALE

11 Loring Rd Methuen, MA 01844

The East End Neighborhood

Estimated Value: $757,000 - $896,000

8 Beds
3 Baths
3,347 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $365,000 $109 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,119/month

10 Days on Market

About This Home

As of December 2016

'ALL OFFERS DUE THURSDAY @ 2 PM." Property Transfer Form in MLS to be signed & sent with Offer. SHORT SALE Subject to 3rd party approval. Not yet approved by Lender. Property needs TLC and is being sold "AS IS CONDITION".Buyer will be responsible for smoke alarms/Carbons and fire inspection and any other fees not covered by the bank. Home Inspection for informational purposes only. Buyer/Buyer agent responsible for performing their own due diligence. This two family home offers tremendous potential, with 3,347 sq.ft. of living space located on a dead end street. Main level has 8/5/2 and a complete in-law apartment with 6/3/1 in the lower level. Oversize two car garage, fenced in yard, and an extra lot (undevelopable land). Lead disclosure attached and must accompany any offer.

Last Agent to Sell the Property

Mirta Guevara

Guevara Realty Listed on: 10/03/2016

Last Buyer's Agent

Johnny Rivas

Realty One Group Nest

Realty One Group Nest

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,244

Year Built

1969

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 14
  • Amenities: Highway Access, Public School
  • Electric: 110 Volts, Circuit Breakers, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Basement: Full, Finished
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RD
  • Lot: 00035B

Multi Family

  • Total Bedrooms: 8
  • Total Fireplaces: 2
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 28, 2016
Sold by
Perez Jose A and Ramirez Jennifer L
Bought by
Brito Darwin
Seller's Agent
Mirta Guevara
Guevara Realty
Buyer's Agent
Johnny Rivas
Realty One Group Nest
List Price
$330,000
Sold Price
$365,000
Premium/Discount to List
$35,000
10.61%
Current Estimated Value
$835,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,254
Avg. Annual Appreciation
9.44%
Original Mortgage
$358,388
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2016
Sold by
Perez Jose and Ramirez Jennifer L
Bought by
Perez Jose A and Morales Reina

Purchase Details

Closed on
Apr 28, 2006
Sold by
Mateo Carmen D and Mateo Luis M
Bought by
Ramirez Jennifer L and Perez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2000
Sold by
Lapointe Richard O and Lapointe Patricia
Bought by
Mateo Luis M and Mateo Carmen D
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
Brito Darwin $365,000 --
Perez Jose A -- --
Perez Jose A -- --
Perez Jose A -- --
Ramirez Jennifer L $460,000 --
Ramirez Jennifer L $460,000 --
Ramirez Jennifer L -- --
Mateo Luis M $220,000 --
Mateo Luis M $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brito Darwin $334
Open Brito Darwin $360,542
Closed Brito Darwin $358,388
Previous Owner Ramirez Jennifer L $69,000
Previous Owner Ramirez Jennifer L $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $365,000 +10.6% $109 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $330,000 0.0% $99 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $330,000 -- $99 / 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 $8,244 $779,200 $222,900 $556,300
2024 $7,567 $696,800 $203,300 $493,500
2023 $7,383 $631,000 $180,700 $450,300
2022 $6,627 $507,800 $143,100 $364,700
2021 $6,347 $481,200 $135,600 $345,600
2020 $6,084 $452,700 $135,600 $317,100
2019 $5,716 $402,800 $128,000 $274,800
2018 $5,306 $371,800 $120,500 $251,300
2017 $5,580 $380,900 $128,200 $252,700
2016 $4,997 $337,400 $112,200 $225,200
2015 $4,684 $320,800 $112,200 $208,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mirta Guevara

    Guevara Realty

    (978) 273-5218

    3 in this area

    58 Total Sales

    Mirta Guevara
    Section Image
  • Johnny Rivas

    Buyer's Agent in 2016

    Johnny Rivas

    Realty One Group Nest

    (978) 390-2701

    2 in this area

    32 Total Sales

    Johnny Rivas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72076541

MLS Property Information Network (MLS PIN)

APN: METH-001014-000109-AN000035B

Massachusetts Essex County Methuen 01844 The East End

11 Loring Rd, Methuen, MA

This home is located at 11 Loring Rd, Methuen, MA 01844 since 03 October 2016 and is currently estimated at $835,254, approximately $249 per square foot. This property was built in 1969. 11 Loring Rd is a home located in Essex County with nearby schools including Timony Grammar School, Methuen High School, and Community Day Charter Public School - Gateway.

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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