NOT LISTED FOR SALE

25-27 Durrell St Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $700,628 - $767,000

4 Beds
2 Baths
2,534 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $605,000 $239 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,399/month

3 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Property is near public transit
  • Mendota Elementary School Rated A
  • Medical Services
  • Wood Flooring

About This Home

As of July 2022

Investment Opportunity! Great 2 family home with so much potential!! This 2-unit home offers 4 bedrooms and 2 full baths. From the front door is a common enclosed porch with entries to both units. The first-floor unit provides a large eat in kitchen with a galley and a pass through to the sun filled living room. Off there is a main bedroom with ample closet space. Another bedroom and a full bath completes the first unit. The second unit is located on level 2 and has an almost identical floor plan with an addition of two bonus rooms on the third level with tons of storage– bring your ideas! Walk out basement, detached garage and plenty of off street parking. The back yard has multiple flower beds with perennials, butterfly bush and lilacs. Fantastic location – close to highway access, shopping, restaraunts, public transportation and so much more, see it today!

Last Agent to Sell the Property

Edwin Ahearn

Lamacchia Realty, Inc. Listed on: 05/27/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Jennelle Graziano

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,433

Year Built

  • Built in 1930

Lot Details

  • 4,500 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

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

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,534 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:00616 B:00155 L:00046,2041846

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,433

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Varies Per Unit,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub,Programmable Thermostat), Unit 2(Ceiling Fans,Storage,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen,Other (See Remarks))
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2534
  • Stories Total: 3
  • MAIN LO: AN2314
  • MAIN SO: AN0395

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Patio
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Fuses
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: M:00616 B:00155 L:00046,2041846
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping, Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4500
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5433

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jul 7, 2022
Sold by
Wells Melissa A
Bought by
Degomez Flora S and Diaz-Perez Nivares
Seller's Agent
Edwin Ahearn
Lamacchia Realty, Inc.
Buyer's Agent
Jennelle Graziano
Century 21 North East
List Price
$585,000
Sold Price
$605,000
Premium/Discount to List
$20,000
3.42%
Current Estimated Value
$731,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,157
Avg. Annual Appreciation
5.69%
Original Mortgage
$594,041
Outstanding Balance
$566,148
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$165,009

Purchase Details

Closed on
Jun 12, 1998
Sold by
Beaulieu Ronald W
Bought by
Wells Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Degomez Flora S $605,000 None Available
Wells Melissa A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degomez Flora S $594,041
Closed Degomez Flora S $594,041
Previous Owner Wells Melissa A $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $605,000 +3.4% $239 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $585,000 -- $231 / 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 $6,765 $639,400 $190,900 $448,500
2024 $6,184 $569,400 $174,200 $395,200
Source: Public Records

Agents Affiliated with this Home

  • Edwin Ahearn

    Seller's Agent in 2022

    Edwin Ahearn

    Lamacchia Realty, Inc.

    (978) 870-6796

    1 in this area

    57 Total Sales

    Edwin Ahearn
    Section Image

  • J

    Buyer's Agent in 2022

    Jennelle Graziano

    Century 21 North East

    (617) 610-0362

    3 in this area

    35 Total Sales

    Jennelle Graziano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72988275

MLS Property Information Network (MLS PIN)

APN: METH-000616-000155-000046

Massachusetts Essex County Methuen 01844 Downtown Methuen

25-27 Durrell St, Methuen, MA

Not Listed for Sale

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