NOT LISTED FOR SALE

18 Arlington St Unit 20 Methuen, MA 01844

The East End Neighborhood

Estimated Value: $602,997 - $730,000

4 Beds
2 Baths
2,338 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $680,000 $291 Per Sq Ft

Current estimated payment $4,323/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • Deck
  • Wood Flooring
  • 4-minute walk to Howard Playstead

About This Home

As of September 2023

Welcome to this delightful 2 family residence located in a highly desirable neighborhood in Methuen. Each unit has 2 bedrooms and a full bath, dining room, eat-in kitchen and living room. All original woodwork kept to its charm. This corner lot is conveniently located to major highways, the loop for shopping, schools, parks and walking distance to anyone that works at Holy Family Hospital. Three season porch full of natural sunlight. Potential to finish attic for more space. Newer roof. Newer water heater and boiler in unit 2. This property offers an excellent investment opportunity with two separate units that have their own metered utilities. Both units will be delivered vacant at time of closing. A must see! All offers are due Tuesday, August 8th at 5:00 p.m.

Last Listed By

Susan Whelan

RE/MAX Synergy Listed on: 08/03/2023

RE/MAX Synergy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,871

Year Built

  • Built in 1925

Lot Details

  • 4,138 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,338 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Tenney Grammar Elementary School
  • Methuen High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,000
  • Rent includes unit 1(other (see remarks)), unit 2(other (see remarks))
  • Assessor Parcel Number M:00816 B:00043 L:00018,2046303

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $1,450
  • Insurance Expense $1,200
  • Water Sewer Expense $900
  • Operating Expense $5,750
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,871

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Laminate, Unit 1(undefined)
  • Interior Amenities: Other (See Remarks), Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Dishwasher,Refrigerator - ENERGY STAR), Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2338
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 290.85
  • PRICE PER Sq Ft: 290.85
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Porch,Deck,Patio,Balcony,Gutters,Screens,Kennel
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Pellet Stove), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 900

Lot Info

  • Parcel Number: M:00816 B:00043 L:00018,2046303
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4138
  • Lot Size Units: Acres
  • PAGE: 40
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5871
  • Tax Book Number: 7030

Multi Family

  • Electric Expense: 1450
  • Gross Income: 12000
  • Insurance Expense: 1200
  • Net Operating Income: 12000
  • Number Of Units Total: 2
  • Operating Expense: 5750
  • Total Actual Rent: 1000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Methuen
  • Elementary School: Tenney Grammar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2002
Sold by
Bowler John Francis
Bought by
Giuffrida Giovanni and Giuffrida Maria G
Total Days on Market
6
Current Estimated Value
$680,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Giuffrida Giovanni $190,000 --
Giuffrida Giovanni $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Rafael $667,683
Closed Santos Rafael $667,683
Closed Giuffrida Salvatore $117,550
Closed Giuffrida Giovanni $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $680,000 0.0% $291 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $679,999 +8.0% $291 / Sq Ft
08/03/2023 08/03/23 For Sale $629,900 -- $269 / 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 $6,625 $626,200 $186,000 $440,200
2024 $6,015 $553,900 $166,700 $387,200
2023 $5,871 $501,800 $147,500 $354,300
2022 $5,242 $401,700 $115,400 $286,300
2021 $5,014 $380,100 $109,000 $271,100
2020 $4,719 $351,100 $102,600 $248,500
2019 $4,270 $300,900 $92,900 $208,000
2018 $4,037 $282,900 $92,900 $190,000
2017 $3,876 $264,600 $86,700 $177,900
2016 $3,535 $238,700 $80,500 $158,200
2015 $3,177 $217,600 $66,900 $150,700
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73143914

MLS Property Information Network (MLS PIN)

APN: METH-000816-000043-000018