NOT LISTED FOR SALE

2 Florence Rd Methuen, MA 01844

The East End Neighborhood

Estimated Value: $767,000 - $849,000

6 Beds
2 Baths
3,175 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 23, 2014

Last sale price $320,000 $101 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $5,060/month

44 Days on Market

About This Home

As of September 2014

FINALLY! NOT YOUR AVERAGE 2 FAMILY. Opportunity knocks twice when you own this great side by side townhouse style duplex with 3175 living area. Take note of the 2 car garage, strong income potential and the extra expansion possibility for living/storage space in the walk up attics. Each unit has three bedrooms, large kitchens, enclosed front porches, hardwood floors and separate utilities. Perfect for the owner occupant to have help with the mortgage or investor to collect both rents or perhaps an extended family that wants to live together and have private space. Walking distance to Holy Family Hospital, easy commuter location to Rte 495, 93 & NH.

Last Agent to Sell the Property

Marilyn Ellis

Leading Edge Real Estate Listed on: 07/11/2014

Last Buyer's Agent

Marilyn Ellis

Leading Edge Real Estate Listed on: 07/11/2014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,657

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Flooring: Wood, Tile, Wall to Wall Carpet, Laminate, Hardwood
  • Basement: Full, Interior Access, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Professional Landscaping, Screens, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, On Street Permit, Common, Improved Driveway, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Schools

  • Elementary School: Timony
  • Middle School: Timony
  • High School: Methuen

Lot Info

  • Assessor Parcel Number: M:00814 B:00092 L:00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
Sep 23, 2014
Sold by
Eaton Kevin T and Eaton Nancy J
Bought by
Frias Jose L and Frias Rosario
Seller's Agent
Marilyn Ellis
Leading Edge Real Estate
Buyer's Agent
Marilyn Ellis
Leading Edge Real Estate
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%
Current Estimated Value
$800,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,782
Avg. Annual Appreciation
8.35%
Original Mortgage
$256,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Frias Jose L $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frias Jose L $211,000
Closed Frias Jose L $256,000
Previous Owner Eaton Kevin T $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold $320,000 -10.9% $101 / Sq Ft
08/24/2014 08/24/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $359,000 -- $113 / 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 $7,657 $723,700 $198,200 $525,500
2024 $6,972 $642,000 $180,800 $461,200
2023 $6,511 $556,500 $160,700 $395,800
2022 $5,953 $456,200 $133,900 $322,300
2021 $5,686 $431,100 $127,200 $303,900
2020 $5,301 $394,400 $127,200 $267,200
2019 $5,221 $367,900 $113,800 $254,100
2018 $4,818 $337,600 $113,800 $223,800
2017 $4,697 $320,600 $113,800 $206,800
2016 $4,424 $298,700 $107,100 $191,600
2015 $4,222 $289,200 $107,100 $182,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marilyn Ellis

    Leading Edge Real Estate

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71712227

MLS Property Information Network (MLS PIN)

APN: METH-000814-000092-000005

Massachusetts Essex County Methuen 01844 The East End

2 Florence Rd, Methuen, MA

This home is located at 2 Florence Rd, Methuen, MA 01844 since 11 July 2014 and is currently estimated at $800,782, approximately $252 per square foot. This property was built in 1920. 2 Florence Rd is a home located in Essex County with nearby schools including Timony Grammar School and Methuen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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