NOT LISTED FOR SALE

Estimated Value: $653,000 - $729,000

5 Beds
2 Baths
2,640 Sq Ft
$265/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $616,000 $233 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,284/month

6 Days on Market

Highlights

  • Corner Lot
  • Bathtub with Shower
  • Tile Flooring
  • Solid Surface Countertops
  • Tankless Water Heater
  • Ceiling Fan

About This Home

As of August 2021

Brand New Everything such as Kitchens, Bathrooms, Floors, Doors, Windows and TANKLESS Navien hot water system. Completely Rehabbed Interior Two family in Methuen. All you need to do is move in.Basement has access from the garage and has many possibilities and can easily be finished for additional living space or storage. Quiet location tucked in a side street off of Merrimack St. very close to highway, shopping and many restaurants. Make this your own and start collecting rent and living worry free. Finally a Multi Family that you can just move right into and do nothing.

Last Agent to Sell the Property

Rey Garcia

Compass Listed on: 06/22/2021

Compass

Last Buyer's Agent

Rick Coco

RE/MAX Partners

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,946

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Tile Flooring
  • Solid Surface Countertops
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Sump Pump
  • Block Basement Construction

Schools

  • Timony Elementary And Middle School
  • Methuen High School

Utilities

  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2052307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,946

Year Built

Built in 1915 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Updated/Remodeled
  • Year Built: 1915
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom With Tub & Shower
  • Fireplace YN: No
  • Appliances: Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry, Garage Access, Sump Pump, Concrete
  • Living Area: 2640
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: G61700
  • MAIN SO: G62134

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Heating: Baseboard,Natural Gas
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 2052307
  • Zoning: Multi
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3359

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3946.45

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 17, 2021
Sold by
Cardona Antonia
Bought by
Alberico Brian V
Seller's Agent
Rey Garcia
Compass
Buyer's Agent
Rick Coco
RE/MAX Partners
List Price
$585,000
Sold Price
$616,000
Premium/Discount to List
$31,000
5.3%
Current Estimated Value
$706,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,295
Avg. Annual Appreciation
2.97%
Original Mortgage
$523,600
Outstanding Balance
$474,055
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,233

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 7, 2021
Sold by
Madison Rt and Kavanagh
Bought by
Cardona Antonia
Seller's Agent
Lori Penney
ERA Key Realty Services
Buyer's Agent
Glorisell Ortega
View Real Estate Group
List Price
$250,000
Sold Price
$325,000
Premium/Discount to List
$75,000
30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.29%
Original Mortgage
$280,500
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2017
Sold by
Melvin Ellen
Bought by
Kavanaugh Mary

Purchase Details

Closed on
May 17, 2017
Sold by
Drouin Gina M and Kavanagh Mary
Bought by
Madison Rt and Gatchell

Purchase Details

Closed on
May 3, 1995
Sold by
Hatem Elias G
Bought by
Solosuki Farid
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alberico Brian V $616,000 None Available
Cardona Antonia $325,000 None Available
Kavanaugh Mary -- --
Kavanaugh Mary -- --
Kavanaugh Mary -- --
Melvin Ellen -- --
Melvin Ellen -- --
Madison Rt -- --
Madison Rt -- --
Madison Rt -- --
Solosuki Farid $63,000 --
Solosuki Farid $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alberico Brian V $523,600
Closed Alberico Brian V $523,600
Previous Owner Cardona Antonia $280,500
Previous Owner Solosuki Farid $140,000
Previous Owner Solosuki Farid $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $616,000 +5.3% $233 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $585,000 +80.0% $222 / Sq Ft
01/11/2021 01/11/21 Sold $325,000 +30.0% $124 / Sq Ft View Prior Sale
12/04/2020 12/04/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $250,000 -- $95 / 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 $6,830 $645,600 $123,100 $522,500
2024 $6,239 $574,500 $112,300 $462,200
2023 $5,808 $496,400 $99,800 $396,600
2022 $4,117 $315,500 $83,200 $232,300
2021 $3,946 $299,200 $79,000 $220,200
2020 $3,695 $274,900 $79,000 $195,900
2019 $3,299 $232,500 $53,000 $179,500
2018 $3,008 $213,900 $53,000 $160,900
2017 $2,974 $203,000 $53,000 $150,000
2016 $2,838 $191,600 $49,900 $141,700
2015 $2,710 $185,600 $49,900 $135,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72854099

MLS Property Information Network (MLS PIN)

APN: METH-001111-000109-N000008