M
Seller's Agent in 2022
Melissa DeMille
Barrett Sotheby's International Realty
(781) 862-1700
4 in this area
10 Total Sales
2 Prospect Hill St Merrimac, MA 01860
8
Beds
5
Baths
5,500
Sq Ft
0.38
Acres
Highlights
- Deck
- Wooded Lot
- Corner Lot
- Property is near public transit
- Wood Flooring
- Mud Room
About This Home
As of November 2022This extremely RARE, spectacular three family must be seen to be believed. Almost every facet of this gorgeous property has been painstakingly attended to and re-created from brand new landscaping to new heating and a/c systems. Each unit boasts a beautiful spacious kitchen filled with granite, quartz, top of the line new and newer appliances. Every unit has beautiful hardwood floors, well-appointed custom upgraded baths with tile surrounds. Each unit is legally 3 bedrooms (expansion in unit 2) Unit three has over 2700 finished square feet on three floors with expansion potential on fourth floor. It has a new deck off the kitchen and patio area on lower-level. Unit two was only completed in March 2022 and the deck is new this week! There are four separate basements and a common are patio with firepit. The classic front entrance has a covered porch perfect for summer evenings. Parking for 8 cars allows for 2 per unit plus guest spots. Minutes to the seacoast and highway.
Last Agent to Sell the Property
Barrett Sotheby's International Realty Listed on: 08/19/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,557
Year Built
- Built in 1856
Lot Details
- 0.38 Acre Lot
- Corner Lot
- Gentle Sloping Lot
- Wooded Lot
Home Design
- Brick Foundation
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,500 Sq Ft Home
- Mud Room
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Crawl Space
Parking
- 8 Car Parking Spaces
- Stone Driveway
- Shared Driveway
- Paved Parking
- Guest Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Donohue Middle School
- Pentucket High School
Utilities
- 4 Heating Zones
- Separate Meters
- 220 Volts
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $8,500
- Assessor Parcel Number 2032709
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Operating Expense $5,000
- Net Operating Income $102,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 1, 2021
Sold by
Cameron Michael
Bought by
Cameron Prop Mgmt Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Outstanding Balance
$728,779
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$471,941
Purchase Details
Closed on
Jan 23, 1991
Sold by
Finn Joseph F
Bought by
Lynn Spec Needs Hsng
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.46%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii | $68,850 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $808,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $552,606 | FHA | |
| Previous Owner | $328,652 | FHA | |
| Previous Owner | $30,000,000 | No Value Available | |
| Previous Owner | $1,480,000 | No Value Available | |
| Previous Owner | $1,150,000 | No Value Available | |
| Previous Owner | $80,000 | Purchase Money Mortgage | |
| Closed | $0 | No Value Available | |
| Closed | $85,877 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $1,140,000 | -4.8% | $207 / Sq Ft |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | Price Changed | $1,198,000 | -0.2% | $218 / Sq Ft |
| 08/19/2022 08/19/22 | For Sale | $1,199,999 | +150.0% | $218 / Sq Ft |
| 07/01/2020 07/01/20 | Sold | $480,000 | -2.0% | $229 / Sq Ft |
| 12/20/2019 12/20/19 | Pending | -- | -- | -- |
| 12/07/2019 12/07/19 | For Sale | $489,900 | +44.1% | $233 / Sq Ft |
| 04/21/2017 04/21/17 | Sold | $340,000 | +4.6% | $94 / Sq Ft |
| 03/07/2017 03/07/17 | Pending | -- | -- | -- |
| 03/02/2017 03/02/17 | For Sale | $324,900 | +18.6% | $90 / Sq Ft |
| 12/20/2013 12/20/13 | Sold | $274,000 | 0.0% | $59 / Sq Ft |
| 12/07/2013 12/07/13 | Pending | -- | -- | -- |
| 10/16/2013 10/16/13 | Off Market | $274,000 | -- | -- |
| 09/05/2013 09/05/13 | Price Changed | $299,000 | -1.9% | $65 / Sq Ft |
| 09/03/2013 09/03/13 | For Sale | $304,900 | -- | $66 / 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 | $14,609 | $1,102,600 | $297,000 | $805,600 |
| 2024 | $13,866 | $1,027,100 | $280,500 | $746,600 |
| 2023 | $10,500 | $710,900 | $237,600 | $473,300 |
| 2022 | $8,994 | $550,400 | $191,400 | $359,000 |
| 2021 | $8,108 | $497,400 | $174,900 | $322,500 |
| 2020 | $7,352 | $494,100 | $174,900 | $319,200 |
| 2019 | $7,138 | $451,500 | $151,800 | $299,700 |
| 2018 | $6,939 | $440,300 | $141,900 | $298,400 |
| 2017 | $6,817 | $417,200 | $118,800 | $298,400 |
| 2016 | $6,779 | $419,500 | $118,800 | $300,700 |
| 2015 | $6,451 | $397,000 | $118,800 | $278,200 |
| 2014 | -- | $390,600 | $118,800 | $271,800 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa DeMille
-
Joe Pinto
Seller's Agent in 2020
Joe Pinto
(617) 318-7810
135 Total Sales
-
Ginger Gendron
Seller's Agent in 2017
Ginger Gendron
Berkshire Hathaway HomeServices Verani Realty
(978) 360-9776
2 in this area
78 Total Sales
-
W
Seller Co-Listing Agent in 2017
William Henry
Berkshire Hathaway HomeServices Verani Realty Bradford
-
Susan Vail
S
Seller's Agent in 2013
Susan Vail
Better Homes and Gardens Real Estate - The Shanahan Group
(781) 307-2996
14 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73027573
APN: MERR-000017-000001-000005
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