NOT LISTED FOR SALE

225 Broadway Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $3,697,672

-- Bed
4 Baths
31,758 Sq Ft
$116/Sq Ft Est. Value

About This Home

This home is located at 225 Broadway, Methuen, MA 01844 and is currently estimated at $3,697,672, approximately $116 per square foot. 225 Broadway is a home located in Essex County with nearby schools including Mendota Elementary School, Tenney Grammar School, and South Point Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Bemorini Realty Llc
Bought by
Diverse Real Estate Llc
Current Estimated Value
$3,697,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Outstanding Balance
$2,217,594
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,480,078

Purchase Details

Closed on
Jun 6, 2003
Sold by
Bmrc Inc
Bought by
Bemorini Rlty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 1995
Sold by
William St T
Bought by
Broadway Methuen Rlty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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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.

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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
Diverse Real Estate Llc $3,100,000 None Available
Bemorini Rlty Llc $1,100,000 --
Broadway Methuen Rlty $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diverse Real Estate Llc $2,325,000
Previous Owner Broadway Methuen Rlty $825,000
Previous Owner Broadway Methuen Rlty $400,000
Closed Broadway Methuen Rlty $100,000
Source: Public Records

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 $55,368 $2,694,300 $980,700 $1,713,600
2024 $51,584 $2,456,400 $923,000 $1,533,400
Source: Public Records

Map

Massachusetts Essex County Methuen 01844 Downtown Methuen

225 Broadway, Methuen, MA

Not Listed for Sale

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