NOT LISTED FOR SALE

Estimated Value: $697,000 - $799,000

4 Beds
2 Baths
2,960 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $670,000 $226 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,586/month

111 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Bathtub with Shower
  • Attic
  • Porch
  • 5-minute walk to Spicket Falls River Walk Park

About This Home

As of March 2024

Motivated seller willing to negotiate. Here is your chance to own your own home and have a tenant help pay your mortgage. This two family is in the heart of downtown Methuen in close proximity to shops and restaurants and a commuter's dream just a couple minutes drive to route 213. This home features off street parking, 2 bedrooms per unit with a potential for a 3rd bedroom in the finished walk up attic. Both units will be delivered vacant so you can reset to current market rents. Come take a look at this home today and start enjoying it to start off the new year.

Last Agent to Sell the Property

Christopher Lefebvre

eXp Realty Listed on: 10/25/2023

eXp Realty

Last Buyer's Agent

Alain Alcindor

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,476

Year Built

  • Built in 1900

Lot Details

  • 8,773 Sq Ft Lot
  • Property fronts an easement

Parking

  • 1 Car Garage
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,960 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Range
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Outdoor Features

  • Porch

Schools

  • Tenney Elementary And Middle School
  • MHS High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service

Community Details

  • 2 Units
  • Net Operating Income $14,400

Listing and Financial Details

  • Total Actual Rent $1,200
  • Assessor Parcel Number M:00612 B:00056 L:00017B,2040347

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,476

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Kitchen, Dining Room, Laundry Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Garage Access, Unfinished
  • Living Area: 2960
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 236.45
  • PRICE PER Sq Ft: 226.35
  • MAIN SO: AC2354

Exterior Features

  • Foundation Details: Stone
  • Frontage Length: 90
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling: None
  • Heating: Steam, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Oil, Tankless

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00612 B:00056 L:00017B,2040347
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8773
  • Lot Size Units: Acres
  • PAGE: 317
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6476
  • Tax Book Number: 7876

Multi Family

  • Gross Income: 14400
  • Net Operating Income: 14400
  • Number Of Units Total: 2
  • Total Actual Rent: 1200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Mhs
  • Elementary School: Tenney
  • Middle Or Junior School: Tenney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Falaise Jean F and Falaise Fabiola
Bought by
Nekeyla Falaise Desir T and Nekeyla Falaise
Current Estimated Value
$725,110

Purchase Details

Closed on
Jun 5, 2003
Sold by
Sutcliffe Mary Lou and Sutcliffe Mary
Bought by
Seaman Cara Ann and Seaman Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,355
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1989
Sold by
Norton Geraldine
Bought by
Sutcliffe Mary Lou
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nekeyla Falaise Desir T -- None Available
Nekeyla Falaise Desir T -- None Available
Seaman Cara Ann $358,900 --
Seaman Cara Ann $358,900 --
Seaman Cara Ann $358,900 --
Sutcliffe Mary Lou $81,000 --
Sutcliffe Mary Lou $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falaise Jean F $623,100
Previous Owner Seaman Cara A $307,600
Previous Owner Seaman Cara Ann $337,700
Previous Owner Seaman Cara $45,000
Previous Owner Seaman Cara Ann $353,355
Previous Owner Sutcliffe Mary Lou $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $670,000 -4.3% $226 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $699,900 0.0% $236 / Sq Ft
01/26/2024 01/26/24 For Sale $699,900 -3.5% $236 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
12/24/2023 12/24/23 For Sale $725,000 0.0% $245 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $725,000 +8.2% $245 / Sq Ft
11/21/2023 11/21/23 Off Market $670,000 -- --
11/14/2023 11/14/23 Price Changed $725,000 -6.5% $245 / Sq Ft
11/08/2023 11/08/23 Price Changed $775,000 -2.5% $262 / Sq Ft
10/25/2023 10/25/23 For Sale $795,000 -- $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 $7,624 $720,600 $203,600 $517,000
2024 $6,953 $640,200 $185,700 $454,500
2023 $6,476 $553,500 $165,100 $388,400
2022 $5,841 $447,600 $130,700 $316,900
2021 $5,577 $422,800 $123,800 $299,000
2020 $5,203 $387,100 $123,800 $263,300
2019 $5,113 $360,300 $116,900 $243,400
2018 $4,636 $324,900 $110,000 $214,900
2017 $4,524 $308,800 $110,000 $198,800
2016 $4,159 $280,800 $96,300 $184,500
2015 $3,970 $271,900 $96,300 $175,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73173799

MLS Property Information Network (MLS PIN)

APN: 612-56-17B