NOT LISTED FOR SALE

112 Perry Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $601,000 - $722,000

5 Beds
2 Baths
1,880 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $550,000 $293 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,945/month

8 Days on Market

About This Home

As of March 2021

Fantastic opportunity to own this beautifully newly renovated 2 family complete with new Granite Counters, new bathrooms, modern floors, vinyl siding, newer roof, detached 1 car garage, a decent sized yard, a laundry room, and so much more! The property is vacant and easy to show. This is perfect for someone looking to owner occupy a multifamily or an investor who wants to put their own tenants in the property. This is a 2 family in a residential neighborhood. The previous owner used the property as a single family home but the utilities can be easily divided. There are 2 water heaters, 2 electric panels, and the gas boiler is setup with 2 separate zones, one for each unit. It is also vacant and easy to show. Any and all offers due Tuesday 2/9 at 5pm.

Last Agent to Sell the Property

Candor Realty Group

Four Points Real Estate, LLC Listed on: 02/02/2021

Co-Listed By

Matthew Perimian

Four Points Real Estate, LLC

Last Buyer's Agent

The Nancy Dowling Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,034

Year Built

  • Built in 1930

Lot Details

  • 4,792

Parking

  • 1 Car Garage

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00618 B:00158 L:00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,034

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 261.65
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Main Lo: AN5498
  • Main So: AN4643
  • Estimated Sq Ft: 1880.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 320400.00
  • Acre: 0.11
  • Lot Size: 5001.00
  • Page: 136
  • Parcel Number: M:00618 B:00158 L:00007
  • Zoning: RG
  • Lot Description: Paved Drive, Cleared

Multi Family

  • APOD Available: Yes
  • Total Levels: 2
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4306.00
  • Assessor Parcel Number: 2042042
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 31, 2021
Sold by
Candor Rlty Inv Group Llc
Bought by
Nunez Jhan
Seller's Agent
Candor Realty Group
Four Points Real Estate, LLC
Buyer's Agent
The Nancy Dowling Team
List Price
$491,900
Sold Price
$550,000
Premium/Discount to List
$58,100
11.81%
Total Days on Market
8
Current Estimated Value
$648,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,485
Avg. Annual Appreciation
3.47%
Original Mortgage
$540,038
Outstanding Balance
$491,394
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$143,391

Purchase Details

Closed on
Oct 29, 2020
Sold by
Lemay George
Bought by
Candor Rlty Inv Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2014
Sold by
Lemay Constance V
Bought by
Lemay Constance V and Lemay George
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
Nunez Jhan $550,000 None Available
Candor Rlty Inv Group Llc $265,000 None Available
Lemay Constance V -- --
Lemay Constance V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Jhan $540,038
Closed Nunez Jhan $540,038
Previous Owner Candor Rlty Inv Group Llc $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $550,000 +11.8% $293 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $491,900 -- $262 / 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 $6,034 $570,300 $171,600 $398,700
2024 $5,523 $508,600 $156,000 $352,600
2023 $5,132 $438,600 $136,500 $302,100
2022 $4,782 $366,400 $117,000 $249,400
2021 $4,573 $346,700 $110,500 $236,200
2020 $4,306 $320,400 $110,500 $209,900
2019 $4,204 $296,300 $104,000 $192,300
2018 $3,843 $269,300 $97,500 $171,800
2017 $3,676 $250,900 $91,000 $159,900
2016 $3,464 $233,900 $84,500 $149,400
2015 $3,110 $213,000 $70,200 $142,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Candor Realty Group

    Four Points Real Estate, LLC

    (978) 710-5616

    1 in this area

    335 Total Sales

    Candor Realty Group
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Matthew Perimian

    Four Points Real Estate, LLC

    (978) 806-5974

    1 in this area

    25 Total Sales

    Matthew Perimian
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72778261

MLS Property Information Network (MLS PIN)

APN: 618-158-7

Massachusetts Essex County Methuen 01841 Downtown Methuen

112 Perry Ave, Methuen, MA

This home is located at 112 Perry Ave, Methuen, MA 01844 since 02 February 2021 and is currently estimated at $648,485, approximately $344 per square foot. This property was built in 1930. 112 Perry Ave is a home located in Essex County with nearby schools including Gerard A. Guilmette School, School For Exceptional Studies, and Lawrence Family Development Charter School.

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