NOT LISTED FOR SALE

Estimated Value: $609,439 - $725,000

5 Beds
2 Baths
2,001 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $575,000 $287 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,361/month

10 Days on Market

About This Home

As of July 2021

Owner occupied or Investment opportunity! Don’t miss the chance to own this well maintained, great income producing 2-Family. Centrally located in a desirable Methuen neighborhood and convenient to major highways. Both units are very spacious with hardwood floors throughout, newer hot water heaters, separate laundry, porches, and plenty of storage for each unit. First floor unit offers 4 rooms, 2 bedrooms and 1 bathroom. Second floor unit offers 6 rooms, 3 bedrooms and 1 bathroom with a spare room being used as a 4th bedroom. Finished attic space is a great addition to the top floor unit and +/- 933 sq. ft. of unfinished space in the basement for the first-floor unit. Ample parking with a 2-stall detached garage and plenty of driveway parking for all tenants and/or guests. Current tenants are TAW. Open House showing's only, Sat. June 5th 12:30-2:30pm and Sun. June 6th 11:00-1:00pm.

Last Listed By

Piantidosi Group

Listed on: 05/31/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,295

Year Built

  • Built in 1900

Lot Details

  • 9,583

Parking

  • 2 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00614 B:00133 L:00021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,295

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 257.37
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Sump Pump, Dirt Floor, Concrete Floor, Unfinished Basement
  • Main Lo: AN6181
  • Main So: AN6420
  • Estimated Sq Ft: 2001.00

Exterior Features

  • Construction: Conventional (2x4-2x6)
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Foundation: Poured Concrete, Concrete Block, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 369900.00
  • Acre: 0.22
  • Lot Size: 9662.00
  • Page: 84
  • Parcel Number: M:00614 B:00133 L:00021
  • Zoning: RG
  • Lot Description: Paved Drive, Shared Drive

Multi Family

  • Total Levels: 3
  • Total Rent: 2500
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4879.00
  • Assessor Parcel Number: 2040833
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Jul 16, 2021
Sold by
Piazza Christopher and Facella-Piazza Nadine M
Bought by
Rosario Adlai K and Mejia Aury
Seller's Agent
Piantidosi Group
Buyer's Agent
Jose Frias
Realty ONE Group Nest
List Price
$515,000
Sold Price
$575,000
Premium/Discount to List
$60,000
11.65%
Total Days on Market
10
Current Estimated Value
$685,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,360
Avg. Annual Appreciation
3.26%
Original Mortgage
$564,585
Outstanding Balance
$519,982
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$130,802

Purchase Details

Closed on
Jun 26, 1998
Sold by
Randall Thomas J
Bought by
Ness Nadine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

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
Rosario Adlai K $575,000 None Available
Ness Nadine M $135,000 --
Ness Nadine M $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Adlai K $564,585
Closed Rosario Adlai K $564,585
Previous Owner Piazza Christopher $143,000
Previous Owner Piazza Nadine M $60,000
Previous Owner Ness Nadine M $129,000
Previous Owner Ness Nadine M $156,500
Previous Owner Ness Nadine M $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $575,000 +11.7% $287 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $515,000 -- $257 / 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 $6,295 $595,000 $206,200 $388,800
2024 $5,781 $532,300 $188,100 $344,200
2023 $5,638 $481,900 $167,200 $314,700
2022 $5,084 $389,600 $132,400 $257,200
2021 $4,879 $369,900 $125,400 $244,500
2020 $4,713 $350,700 $125,400 $225,300
2019 $4,369 $307,900 $118,400 $189,500
2018 $4,087 $286,400 $111,500 $174,900
2017 $4,046 $276,200 $111,500 $164,700
2016 $3,636 $245,500 $97,500 $148,000
2015 $3,492 $239,200 $97,500 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72839770

MLS Property Information Network (MLS PIN)

APN: METH-000614-000133-000021