NOT LISTED FOR SALE

Estimated Value: $662,000 - $755,904

5 Beds
2 Baths
2,272 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $360,000 $158 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,299/month

60 Days on Market

About This Home

As of December 2017

Great opportunity for owner occupied or investment 2 family with a brand new roof. This multi family is minutes away from 93, 495, 213 , and commuter train parking lot for easy transportation. This well kept home features off street parking and the perfect size fenced in backyard. The first floor offers 2 spacious bedrooms, some hardwood floors, exterior closed in porch, large eat in kitchen with gas cooking. Second floor offers 3 spacious bedrooms, some hardwood floors, exterior porch, large kitchen and living room, gas cooking, gas heat and hot water, laundry in basement.

Last Agent to Sell the Property

Stephanie Jordan

Coldwell Banker Realty - Salem Listed on: 07/26/2017

Coldwell Banker Realty - Salem

Last Buyer's Agent

Mitchell Rosenwald

RE/MAX 360

RE/MAX 360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,271

Year Built

1923

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1923

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl
  • Basement: Full
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: K95001
  • Main So: C58300
  • Estimated Sq Ft: 2272.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • High School: Methuen

Lot Info

  • Zoning: CBD
  • Lot: 00013
  • Acre: 0.09
  • Lot Size: 3920.00

Multi Family

  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 2250
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2004
Sold by
Nowhab Llc
Bought by
Ferriera Antonio and Ferriera Ilda C
Current Estimated Value
$699,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1993
Sold by
Citicorp Mtg Inc
Bought by
Blanchard Forrest S

Purchase Details

Closed on
Mar 30, 1988
Sold by
Sperandio John D
Bought by
Bahnan Mounir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,150
Interest Rate
9.89%
Mortgage Type
Purchase Money Mortgage
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
Ferriera Antonio $299,500 --
Blanchard Forrest S $27,500 --
Bahnan Mounir $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jean-Mary Claire V $329,670
Closed Bahnan Mounir $329,670
Closed Bahnan Mounir $236,000
Previous Owner Bahnan Mounir $129,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $360,000 -4.0% $158 / Sq Ft
09/24/2017 09/24/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $374,900 -- $165 / 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 $7,271 $687,200 $188,800 $498,400
2024 $6,630 $610,500 $172,200 $438,300
2023 $6,479 $553,800 $153,100 $400,700
2022 $5,803 $444,700 $121,200 $323,500
2021 $5,554 $421,100 $114,800 $306,300
2020 $5,314 $395,400 $114,800 $280,600
2019 $4,694 $330,800 $96,400 $234,400
2018 $3,822 $267,800 $90,700 $177,100
2017 $3,759 $256,600 $90,700 $165,900
2016 $3,362 $227,000 $79,400 $147,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72204291

MLS Property Information Network (MLS PIN)

APN: METH-000716-000115-000013