NOT LISTED FOR SALE

159 Main St Amesbury, MA 01913

Estimated Value: $717,147 - $762,000

4 Beds
4 Baths
3,575 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $610,000 $171 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,820/month

21 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Cooling Available
  • Property is near public transit and schools
  • Jogging Path
  • Park

About This Home

As of August 2022

Motivated seller! Well maintained THREE UNIT mixed use residential and commercial buildings at the entrance to beautiful downtown Amesbury. This fully occupied property consists of a three bedroom townhouse-style residential unit, a one-bedroom residential unit with deck, and a highly visible 1700 sq ft commercial space separated into two large open suites with frontage on both Main St and Sparhawk St. This property has minimal owner expenses as each unit is individually metered for heat, hot water, electricity, and even the water/sewer is separately metered. Certificate of lead abatement compliance for both residential units. The property has three off-street parking spaces and on street parking nearby. Recent owner updates include a new roof and skylights on the main building, parking lot pavement, and 2 residential water heaters. Rents are below market and all tenants current. Floor plans and income/expense details are attached in the documents.

Last Agent to Sell the Property

Amy Shibles

Amy Shibles Listed on: 05/03/2022

Last Buyer's Agent

Amy Shibles

Amy Shibles Listed on: 05/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,873

Year Built

  • Built in 1870

Lot Details

  • 1,785 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,575 Sq Ft Home
  • Manufactured Home on a slab
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 4 Heating Zones
  • Heating Available
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,195
  • Rent includes unit 1(none), unit 2(none), unit 3(none)

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $3,048
  • Operating Expense $11,600
  • Net Operating Income $47,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,873

Year Built

Built in 1870

Lot Details

1,785 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1870
  • Buyer Agency Type: %
  • 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: 6

Interior Features

  • Flooring: Vinyl,Carpet
  • Interior Amenities: Other, Other (See Remarks), Unit 1(Open Floor Plan), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Other, Unit 2(Range,Refrigerator), Unit 3(Range,Dishwasher,Microwave,Refrigerator), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Living Area: 3575
  • Stories Total: 6
  • MAIN LO: AN2965
  • MAIN SO: AN2965

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Other, Unit 1(Central Air,Ductless Mini-Split System)
  • Heating: Other, Unit 1(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 4
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None)

Lot Info

  • Zoning: mixed use
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Easements
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1785
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7873

Multi Family

  • Insurance Expense: 3048
  • Net Operating Income: 47032
  • Number Of Units Total: 3
  • Operating Expense: 11600
  • Total Actual Rent: 4195
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 15, 2016
Sold by
Teal Rt and Lallier
Bought by
Juniper 1 Realty Llc
Seller's Agent
Diane Beekler
RE/MAX Bentley's
Buyer's Agent
Lea Cabeen
Keller Williams Realty Evolution
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$744,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,287
Avg. Annual Appreciation
8.94%
Original Mortgage
$285,000
Outstanding Balance
$226,880
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$517,407

Purchase Details

Closed on
Sep 17, 1986
Bought by
Lallier Erna L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Juniper 1 Realty Llc $325,000 --
Lallier Erna L $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juniper 1 Realty Llc $285,000
Closed Lallier Erna L $285,000
Previous Owner Lallier Erna L $70,000
Previous Owner Lallier Erna L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2022 08/11/22 Sold $610,000 -0.8% $171 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/22/2022 05/22/22 Price Changed $615,000 -11.5% $172 / Sq Ft
05/03/2022 05/03/22 For Sale $695,000 +113.8% $194 / Sq Ft
07/15/2016 07/15/16 Sold $325,000 0.0% $93 / Sq Ft View Prior Sale
06/05/2016 06/05/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $324,900 -- $93 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $10,104 $660,400 $173,500 $486,900
2024 $8,458 $540,800 $163,700 $377,100
2023 $8,487 $519,400 $142,300 $377,100
2022 $7,708 $435,700 $123,800 $311,900
2021 $7,873 $431,400 $95,600 $335,800
2020 $6,678 $388,700 $91,900 $296,800
2019 $5,511 $300,000 $91,900 $208,100
2018 $5,448 $286,900 $87,500 $199,400
2017 $5,724 $286,900 $87,500 $199,400
2016 $5,040 $248,500 $87,500 $161,000
2015 $5,104 $248,500 $87,500 $161,000
2014 $5,211 $248,500 $87,500 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975139

MLS Property Information Network (MLS PIN)

APN: AMES-000052-000000-000301

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