16 Pinewood Rd Methuen, MA 01844
The East End NeighborhoodEstimated Value: $438,000 - $511,000
3
Beds
2
Baths
1,754
Sq Ft
$276/Sq Ft
Est. Value
About This Home
As of December 2019Opportunity knocks! Perfect spring project for the handy homeowner. Spacious bedrooms, hardwood flooring, formal dining area and so much more. Fireplaced living room, formal dining room are just added bonuses! Great commuter location close to both rt 93 and 495, shopping, public transportation and hospitals. Wont qualify for FHA but will be a great candidate for a 203k loan.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,604
Year Built
- Built in 1945
Lot Details
- 4,792
Outdoor Features
- Porch
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2019
Closed on
Oct 31, 2019
Sold by
Mtglq Investors Lp
Bought by
Gil Mercedes C
Seller's Agent
Michelle Fermin
Century 21 North East
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$269,900
Sold Price
$253,000
Premium/Discount to List
-$16,900
-6.26%
Total Days on Market
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,235
Avg. Annual Appreciation
11.50%
Original Mortgage
$163,000
Outstanding Balance
$145,205
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$316,268
Purchase Details
Closed on
Jul 6, 2018
Sold by
Driscoll Colleen and Mtglq Investors Lp
Bought by
Mtglq Investors Lp
Purchase Details
Closed on
Jun 25, 2012
Sold by
Driscoll Colleen and Bank Of America Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 12, 2005
Sold by
Blackwell Mary M
Bought by
Driscoll Colleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Methuen, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gil Mercedes C | $253,000 | None Available | |
| Mtglq Investors Lp | $245,000 | -- | |
| Mtglq Investors Lp | $245,000 | -- | |
| Mtglq Investors Lp | $245,000 | -- | |
| Federal National Mortgage Association | $280,792 | -- | |
| Federal National Mortgage Association | $280,792 | -- | |
| Driscoll Colleen | $250,000 | -- | |
| Driscoll Colleen | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gil Mercedes C | $163,000 | |
| Closed | Gil Mercedes C | $163,000 | |
| Previous Owner | Driscoll Colleen | $211,200 | |
| Previous Owner | Driscoll Colleen | $24,800 | |
| Previous Owner | Driscoll Colleen | $229,500 | |
| Previous Owner | Driscoll Colleen | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2019 12/11/19 | Sold | $253,000 | -6.3% | $144 / Sq Ft |
| 10/22/2019 10/22/19 | Pending | -- | -- | -- |
| 10/16/2019 10/16/19 | For Sale | $269,900 | 0.0% | $154 / Sq Ft |
| 09/14/2019 09/14/19 | Pending | -- | -- | -- |
| 08/27/2019 08/27/19 | For Sale | $269,900 | -- | $154 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,604 | $435,200 | $188,500 | $246,700 |
| 2024 | $4,515 | $415,700 | $169,000 | $246,700 |
| 2023 | $4,197 | $358,700 | $149,500 | $209,200 |
| 2022 | $3,861 | $295,900 | $117,000 | $178,900 |
| 2021 | $3,621 | $274,500 | $110,500 | $164,000 |
| 2020 | $3,536 | $263,100 | $104,000 | $159,100 |
| 2019 | $3,411 | $240,400 | $97,500 | $142,900 |
| 2018 | $3,326 | $233,100 | $97,500 | $135,600 |
| 2017 | $3,106 | $212,000 | $91,000 | $121,000 |
| 2016 | $2,864 | $193,400 | $84,500 | $108,900 |
| 2015 | $2,526 | $173,000 | $70,200 | $102,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Fermin
Seller's Agent in 2019
Michelle Fermin
Century 21 North East
(978) 423-6545
80 in this area
1,132 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72555356
APN: METH-000714-000036-000001
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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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