NOT LISTED FOR SALE

2 Congress St Amesbury, MA 01913

Estimated Value: $548,000 - $623,000

3 Beds
2 Baths
1,727 Sq Ft
$341/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $570,000 $330 Per Sq Ft

Current estimated payment $3,798/month

12 Days on Market

Highlights

  • Golf Course Community
  • Living Room
  • Level Lot
  • Property is near public transit
  • Park
  • Heating Available

About This Home

As of June 2024

Price Drop! Welcome to this well cared for 2-family property nestled in a beautiful Amesbury neighborhood. With 3+ beds & 2 baths, these units will bring a versatility to multifamily investing. Step outside your doorstep and find yourself immersed in the vibrant energy of downtown, with its charming shops, gourmet restaurants, and cultural attractions just moments away. Need to commute? No problem – a bus stop sits conveniently nearby as well as easy access to Rt 495 & 95 to ensure seamless travel to destinations near and far. This property was extensively renovated in 2017 including roof, windows, siding, doors and interior cosmetic updates. Each unit features its own laundry hook ups providing convenience for tenants. Whether you're looking to invest or seeking a live-in rental option, this property offers the best of both worlds. One unit delivered vacant for immediate occupancy or customization, and the other boasting a lease at fair market rent. Start generating passive income!

Last Agent to Sell the Property

Nick Motsis

Lamacchia Realty, Inc. Listed on: 05/09/2024

Last Buyer's Agent

Nick Motsis

Lamacchia Realty, Inc. Listed on: 05/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,903

Year Built

  • Built in 1920

Lot Details

  • 3,290 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,727 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Cashman Elementary School
  • AMS Middle School
  • AHS High School

Utilities

  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,100
  • Assessor Parcel Number M:54 B:0012,3667501

Community Details

Recreation

  • Golf Course Community
  • Park

Additional Features

  • 2 Units
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,903

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Living Area: 1727
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C95006
  • LIST PRICE PER Sq Ft: 332.95
  • PRICE PER Sq Ft: 330.05
  • MAIN SO: C95006

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Golf, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:54 B:0012,3667501
  • Zoning: R8
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3290
  • Lot Size Units: Acres
  • PAGE: 227
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7903
  • Tax Book Number: 35985

Multi Family

  • Gross Income: 25200
  • Net Operating Income: 25200
  • Number Of Units Total: 2
  • Total Actual Rent: 2100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Ahs
  • Elementary School: Cashman
  • Middle Or Junior School: Ams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Webb Sawyer O and Webber Kenneth A
Bought by
Webb Sawyer O and Webb Symphonie V
Current Estimated Value
$571,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 30, 2017
Sold by
106 Congress St Llc
Bought by
Webb Sawyer O
Seller's Agent
Decatur Gadd
GADD Realty
Buyer's Agent
Matt Dillon
Landmark Boston Realty
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$333,485
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2016
Sold by
Talbot Donald R and Wells Fargo Bank Na
Bought by
106 Congress St Llc

Purchase Details

Closed on
Aug 1, 1994
Sold by
Westcott Greg S and Westcott Carol
Bought by
Talbot Ronald R and Talbot Lynn M
Source: Public Records

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
Webb Sawyer O -- None Available
Webb Sawyer O -- None Available
Webb Sawyer O $345,000 --
106 Congress St Llc $119,000 --
106 Congress St Llc $119,000 --
Talbot Ronald R $84,000 --
Talbot Ronald R $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guldbrandsen Kristi R $435,000
Closed Guldbrandsen Kristi R $435,000
Closed Webb Sawyer O $411,750
Previous Owner Webb Sawyer O $333,485
Previous Owner Westcott Gregg S $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $570,000 -0.9% $330 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/19/2024 05/19/24 Price Changed $575,000 -4.0% $333 / Sq Ft
05/09/2024 05/09/24 For Sale $599,000 +73.6% $347 / Sq Ft
06/30/2017 06/30/17 Sold $345,000 -1.4% $200 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $349,900 -- $203 / 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 $8,002 $523,000 $183,100 $339,900
2024 $7,903 $505,300 $172,800 $332,500
2023 $7,887 $482,700 $150,200 $332,500
2022 $6,956 $393,200 $130,600 $262,600
2021 $7,614 $417,200 $100,900 $316,300
2020 $6,803 $396,000 $97,000 $299,000
2019 $5,726 $311,700 $97,000 $214,700
2018 $5,258 $276,900 $92,400 $184,500
2017 $4,168 $208,900 $92,400 $116,500
2016 $4,088 $201,600 $92,400 $109,200
2015 $4,141 $201,600 $92,400 $109,200
2014 $4,228 $201,600 $92,400 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73235773

MLS Property Information Network (MLS PIN)

APN: AMES-000054-000000-000012