NOT LISTED FOR SALE

14 Grove St Merrimac, MA 01860

Estimated Value: $468,000 - $712,000

4 Beds
2 Baths
2,175 Sq Ft
$278/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $251,250 $116 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,809/month

168 Days on Market

About This Home

As of February 2017

Rare Merrimac 2 family within walking distance to downtown area. Sitting on a level 0.46-acre lot, 2 bedrooms per unit, detached garage, plus ample off street parking for up to 6 cars, separate utilities. close to the center, convenient access to route I495 and I95 and close proximity to Newburyport and Amesbury.

Last Agent to Sell the Property

Mary Koontz-Daher

Weichert Realtors' Daher Companies Listed on: 07/20/2016

Weichert Realtors' Daher Companies

Last Buyer's Agent

Tom Maloney

Keller Williams Realty Evolution License #454006151

Keller Williams Realty Evolution

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,595

Year Built

1886

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1886

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Laundromat, Highway Access
  • Basement: Full, Interior Access
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0003 B:0001 L:00018
  • Zoning: VR
  • Lot: 0005

Multi Family

  • Foundation: 000
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Feb 21, 2017
Sold by
Dunn William and Dunn Theresa
Bought by
Grove Street Rt and Dunn
Seller's Agent
Mary Koontz-Daher
Weichert Realtors' Daher Companies
Buyer's Agent
Tom Maloney
Keller Williams Realty Evolution
List Price
$309,900
Sold Price
$251,250
Premium/Discount to List
-$58,650
-18.93%
Current Estimated Value
$605,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,247
Avg. Annual Appreciation
10.50%
Original Mortgage
$252,000
Outstanding Balance
$208,646
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$396,851

Purchase Details

Closed on
Oct 4, 2016
Sold by
Forisso Dennis E and Wilmington Svgs Fund S
Bought by
Wilmington Svgs Fund S

Purchase Details

Closed on
Mar 10, 1994
Sold by
Grove Street T and Grove Friede
Bought by
Forrisso Dennis E and Forrisso Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grove Street Rt -- --
Wilmington Svgs Fund S $256,500 --
Forrisso Dennis E $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grove Street Rt $252,000
Previous Owner Forrisso Dennis E $294,971
Previous Owner Forrisso Dennis E $223,000
Previous Owner Forrisso Dennis E $11,358
Previous Owner Forrisso Dennis E $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $251,250 -1.4% $116 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/14/2016 12/14/16 Price Changed $254,900 -5.6% $117 / Sq Ft
11/03/2016 11/03/16 Price Changed $269,900 -6.9% $124 / Sq Ft
09/12/2016 09/12/16 Price Changed $289,900 -6.5% $133 / Sq Ft
07/20/2016 07/20/16 For Sale $309,900 -- $142 / 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 $7,595 $573,200 $301,300 $271,900
2024 $6,877 $509,400 $284,600 $224,800
2023 $6,881 $465,900 $241,100 $224,800
2022 $6,588 $403,200 $194,200 $209,000
2021 $6,391 $392,100 $177,400 $214,700
2020 $5,834 $392,100 $177,400 $214,700
2019 $5,592 $353,700 $154,000 $199,700
2018 $5,477 $347,500 $144,000 $203,500
2017 $5,294 $324,000 $120,500 $203,500
2016 $5,236 $324,000 $120,500 $203,500
2015 $5,046 $310,500 $120,500 $190,000
2014 $4,842 $304,700 $120,500 $184,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72041987

MLS Property Information Network (MLS PIN)

APN: MERR-000003-000001-000018