26 Westland St Unit 28 Methuen, MA 01844
Downtown Methuen NeighborhoodEstimated Value: $746,000 - $844,000
6
Beds
3
Baths
3,106
Sq Ft
$256/Sq Ft
Est. Value
About This Home
As of August 2020BACK ON MARKET! Rare opportunity to purchase a property that hasn’t been on market in over 45+ years. Owned by same family and pride of ownership is shown throughout the property! Large 3 family consists of all two - bedroom units with great layout. Perfect for an owner occupant, third floor just went through complete renovation -brand new cabinets, flooring, granite counter tops, doors, electrical and heating. Under rented investors take notice - increase rent roll and instantly add even more value to the property. Unit #3 is vacant. Unit #2 can be delivered vacant and #1 is tenant at will but willing to sign lease starting 5/1/2020 for $1,200 per month. Minutes away from I93 giving you access for an easy ride to Boston. Just a 3 minute drive to Market Basket along with the rest of Merrimac Plaza.
Co-Listed By
Valvel Temin
Massachusetts Bay Realty Advisors, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,074
Year Built
- Built in 1920
Lot Details
- 4,792
Outdoor Features
- Deck
- Porch
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:00618 B:00159A L:00059
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2020
Closed on
Aug 11, 2020
Sold by
Elaine M Lupa Ft
Bought by
Torres Morris A
Seller's Agent
Gene Bernshtein
Rise Signature Homes
Buyer's Agent
Felix Gutierrez
Rey Realty Group
List Price
$545,000
Sold Price
$540,000
Premium/Discount to List
-$5,000
-0.92%
Total Days on Market
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,086
Avg. Annual Appreciation
8.38%
Original Mortgage
$530,219
Outstanding Balance
$474,553
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$320,533
Purchase Details
Closed on
Oct 13, 2011
Sold by
Lupa Matthew P and Lupa Elaine M
Bought by
Elaine M Lupa Ft and Lupa
Purchase Details
Closed on
Apr 1, 1975
Bought by
Elaine M Lupa Ft
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torres Morris A | $540,000 | None Available | |
| Elaine M Lupa Ft | -- | -- | |
| Elaine M Lupa Ft | -- | -- | |
| Elaine M Lupa Ft | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Morris A | $27,675 | |
| Open | Torres Morris A | $530,219 | |
| Closed | Torres Morris A | $530,219 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2020 08/18/20 | Sold | $540,000 | -0.9% | $174 / Sq Ft |
| 05/23/2020 05/23/20 | Pending | -- | -- | -- |
| 05/06/2020 05/06/20 | Price Changed | $545,000 | 0.0% | $175 / Sq Ft |
| 05/06/2020 05/06/20 | For Sale | $545,000 | +0.9% | $175 / Sq Ft |
| 03/09/2020 03/09/20 | Off Market | $540,000 | -- | -- |
| 03/03/2020 03/03/20 | Pending | -- | -- | -- |
| 02/25/2020 02/25/20 | For Sale | $525,000 | -- | $169 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,074 | $668,600 | $192,200 | $476,400 |
| 2024 | $6,995 | $644,100 | $175,300 | $468,800 |
| 2023 | $6,680 | $570,900 | $155,800 | $415,100 |
| 2022 | $5,934 | $454,700 | $123,300 | $331,400 |
| 2021 | $5,032 | $381,500 | $116,900 | $264,600 |
| 2020 | $5,043 | $375,200 | $116,900 | $258,300 |
| 2019 | $4,644 | $327,300 | $110,400 | $216,900 |
| 2018 | $4,073 | $290,300 | $103,900 | $186,400 |
| 2017 | $3,992 | $272,500 | $103,900 | $168,600 |
| 2016 | $3,668 | $247,700 | $90,900 | $156,800 |
| 2015 | $3,355 | $229,800 | $90,900 | $138,900 |
Source: Public Records
Agents Affiliated with this Home
-
Gene Bernshtein
G
Seller's Agent in 2020
Gene Bernshtein
Rise Signature Homes
(978) 689-5773
1 in this area
6 Total Sales
-
V
Seller Co-Listing Agent in 2020
Valvel Temin
Massachusetts Bay Realty Advisors, LLC
(617) 784-5998
-
Felix Gutierrez
F
Buyer's Agent in 2020
Felix Gutierrez
Rey Realty Group
(857) 205-2729
1 in this area
45 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72624469
APN: METH-000618-000159-A000059
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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