NOT LISTED FOR SALE

14-16 Cypress Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $681,000 - $734,000

5 Beds
3 Baths
2,096 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $600,000 $286 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,248/month

6 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Shops
  • Property is near public transit
  • Laundry Room
  • 1 Car Garage

About This Home

As of April 2022

Two Family Off route 110 near Rt 93. Two/Three Bedrooms on 1st floor with laundry area storage and additional bathroom in lower level. Two bedrooms on the second floor with Laundry in the unit. Updated Kitchen and baths. The garage has a basement and an additional loft for storage. Paved driveway for 4 to 5 cars.

Last Agent to Sell the Property

Sandra Cardona Bisson

Century 21 North East Listed on: 02/16/2022

Century 21 North East

Co-Listed By

Neily Soto

Century 21 North East

Last Buyer's Agent

Munson Realty Group

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,721

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,096 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:00618 B:00158 L:00019,2042054

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,721

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile,Vinyl,Hardwood,Other
  • Interior Amenities: Unit 1(Storage,Other (See Remarks)), Unit 1 Rooms(Living Room,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Office/Den)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room, Washer Hookup, Dryer Hookup, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Finished
  • Living Area: 2096
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 262.36
  • PRICE PER Sq Ft: 286.26
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: M:00618 B:00158 L:00019,2042054
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5001
  • PAGE: 217

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4721
  • Tax Book Number: 8751

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 8, 2022
Sold by
Alamo Juan
Bought by
Perez-Baez Jerson
Seller's Agent
Sandra Cardona Bisson
Century 21 North East
Buyer's Agent
Munson Realty Group
Keller Williams Realty Evolution
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%
Current Estimated Value
$699,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,971
Avg. Annual Appreciation
4.51%
Original Mortgage
$589,132
Outstanding Balance
$556,043
Interest Rate
4.72%
Mortgage Type
FHA
Estimated Equity
$143,928

Purchase Details

Closed on
May 3, 2004
Sold by
Mejia Jose and Mejia Yesenia
Bought by
Alamo Juan

Purchase Details

Closed on
Dec 31, 1993
Sold by
State Street Bk & Tr
Bought by
Perez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Perez-Baez Jerson $600,000 None Available
Alamo Juan $327,900 --
Alamo Juan $327,900 --
Perez Luis $40,000 --
Perez Luis $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez-Baez Jerson $589,132
Closed Perez-Baez Jerson $589,132
Previous Owner Perez Luis $17,000
Previous Owner Perez Luis $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $600,000 +9.1% $286 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $549,900 -- $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 $6,444 $609,100 $192,400 $416,700
2024 $5,918 $544,900 $175,500 $369,400
2023 $5,402 $461,700 $156,000 $305,700
2022 $4,925 $377,400 $123,500 $253,900
2021 $4,721 $357,900 $117,000 $240,900
2020 $4,462 $332,000 $117,000 $215,000
2019 $4,345 $306,200 $110,500 $195,700
2018 $3,986 $279,300 $104,000 $175,300
2017 $3,920 $267,600 $104,000 $163,600
2016 $3,618 $244,300 $91,000 $153,300
2015 $3,472 $237,800 $91,000 $146,800
Source: Public Records

Agents Affiliated with this Home

  • Sandra Cardona Bisson

    Seller's Agent in 2022

    Sandra Cardona Bisson

    Century 21 North East

    3 in this area

    71 Total Sales

    Sandra Cardona Bisson
    Section Image
  • Neily Soto

    Seller Co-Listing Agent in 2022

    Neily Soto

    Century 21 North East

    (978) 423-9440

    3 in this area

    52 Total Sales

    Neily Soto
    Section Image
  • Munson Realty Group

    Buyer's Agent in 2022

    Munson Realty Group

    Keller Williams Realty Evolution

    (978) 712-0049

    1 in this area

    54 Total Sales

    Munson Realty Group
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72943548

MLS Property Information Network (MLS PIN)

APN: 618-158-19

Massachusetts Essex County Methuen 01844 Downtown Methuen

14-16 Cypress Ave, Methuen, MA

This home is located at 14-16 Cypress Ave, Methuen, MA 01844 since 16 February 2022 and is currently estimated at $699,971, approximately $333 per square foot. This property was built in 1920. 14-16 Cypress 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.

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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