NOT LISTED FOR SALE

11 River Place Unit 13 Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $707,000 - $829,000

2 Beds
1 Bath
945 Sq Ft
$805/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $520,000 $550 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,632/month

About This Home

As of February 2021

Well loved & Cared for 2 family in the Marsh School District offers a 1st floor unit for rent. Large eat-in kitchen with open concept to good size living room and a dining area. 2 bedrooms with newer carpet and freshly painted. Full bathroom complete this floor. Parking for 2 cars. Located on a dead end street, close to schools, shopping, new rail trail and highway access. All utilities are separate and responsibility of the tenant.

Last Agent to Rent the Property

Rachel Barrett

Berkshire Hathaway HomeServices Verani Realty Listed on: 12/30/2020

Berkshire Hathaway HomeServices Verani Realty

Last Renter's Agent

Rachel Barrett

Berkshire Hathaway HomeServices Verani Realty Listed on: 12/30/2020

Berkshire Hathaway HomeServices Verani Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,363

Year Built

  • Built in 1900

Lot Details

  • 5,097

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Additional Features

  • Range
  • Year Round Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,363

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Available Now: Yes
  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Insurance Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Rent Fee Includes: Water, Sewerage Disposal
  • Sec Deposit: 1500.00

Listing Details

  • Property Type: Rental
  • Rental Type: Apartment
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 1.59
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 11
  • Unit Level: 1
  • CoOp Comp: 300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances: Range, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: First Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • No Rooms: 4
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Living Room: On Level: First Floor
  • Main Lo: AN0992
  • Main So: AN0992
  • Estimated Sq Ft: 945.00

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Heating: Gas, Hot Water Baseboard

Condo/Co-op/Association

  • Amenities: Public Transportation, Walk/Jog Trails

Schools

  • Elementary School: Marsh

Tax Info

  • Assessor Parcel Number: 2040764

MLS Schools

  • Grade School: Marsh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 24, 2020
Sold by
Cavarretta Mark W and Cavarretta Kelly L
Bought by
Nabaweesi Kandida
Seller's Agent
Rachel Barrett
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Sam Kiwanuka
Cameron Real Estate Group
List Price
$509,900
Sold Price
$520,000
Premium/Discount to List
$10,100
1.98%
Current Estimated Value
$760,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,844
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Dec 17, 2001
Sold by
Mosto Salvatore
Bought by
Caveretta Mark W and Caveretta Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,952
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1988
Sold by
Peluso Peter J
Bought by
Mosto Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
10.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1987
Sold by
Sullivan Phillip
Bought by
Peluso Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage
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
Nabaweesi Kandida $520,000 None Available
Caveretta Mark W $197,500 --
Caveretta Mark W $197,500 --
Mosto Salvatore $162,000 --
Peluso Peter J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caveretta Mark W $310,910
Previous Owner Cavaretta Mark W $269,500
Previous Owner Peluso Peter J $195,952
Previous Owner Peluso Peter J $153,900
Previous Owner Peluso Peter J $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Rented $1,500 0.0% --
01/03/2021 01/03/21 Under Contract -- -- --
12/30/2020 12/30/20 For Rent $1,500 0.0% --
11/30/2020 11/30/20 Sold $520,000 +2.0% $232 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $509,900 -- $228 / 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 $7,363 $695,900 $186,100 $509,800
2024 $7,313 $673,400 $162,700 $510,700
2023 $7,130 $609,400 $143,200 $466,200
2022 $6,458 $494,900 $117,100 $377,800
2021 $5,391 $408,700 $110,600 $298,100
2020 $5,161 $384,000 $110,600 $273,400
2019 $4,721 $332,700 $104,100 $228,600
2018 $4,374 $306,500 $97,600 $208,900
2017 $4,203 $286,900 $91,100 $195,800
2016 $3,836 $259,000 $84,600 $174,400
2015 $3,695 $253,100 $84,600 $168,500
Source: Public Records

Agents Affiliated with this Home

  • Rachel Barrett

    Landlord's Agent in 2021

    Rachel Barrett

    Berkshire Hathaway HomeServices Verani Realty

    (603) 893-7999

    2 in this area

    35 Total Sales

    Rachel Barrett
    Section Image
  • Sam Kiwanuka

    Buyer's Agent in 2020

    Sam Kiwanuka

    Cameron Real Estate Group

    (617) 901-8033

    1 in this area

    126 Total Sales

    Sam Kiwanuka
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72770196

MLS Property Information Network (MLS PIN)

APN: METH-000614-000119-000022

Massachusetts Essex County Methuen 01844 Downtown Methuen

11 River Place Unit 13, Methuen, MA

This home is located at 11 River Place Unit 13, Methuen, MA 01844 since 30 December 2020 and is currently priced at $760,844. This property was built in 1900. 11 River Place Unit 13 is a home located in Essex County with nearby schools including Marsh Grammar School, Methuen High School, and Saint Monica School.

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