NOT LISTED FOR SALE

26 Westland St Unit 28 Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $794,000 - $877,000

6 Beds
3 Baths
3,106 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $540,000 $174 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,082/month

88 Days on Market

About This Home

As of August 2020

BACK 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.

Last Agent to Sell the Property

Gene Bernshtein

Rise Signature Homes Listed on: 02/25/2020

Co-Listed By

Valvel Temin

Rise Signature Homes

Last Buyer's Agent

Felix Gutierrez

Rey Realty Group

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,074

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 175.47
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Certified Treated, Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Main Lo: AN2424
  • Main So: AN4453
  • Estimated Sq Ft: 3106.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Porch, Deck

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access

Lot Info

  • Assessments: 375200.00
  • Acre: 0.11
  • Lot Size: 4918.00
  • Page: 1258
  • Parcel Number: M:00618 B:00159A L:00059
  • Zoning: RG

Multi Family

  • Total Levels: 3
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5043.00
  • Assessor Parcel Number: 2042127

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%
Current Estimated Value
$826,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,127
Avg. Annual Appreciation
7.74%
Original Mortgage
$530,219
Outstanding Balance
$474,553
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$311,803

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
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
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

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 $7,074 $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

  • G

    Seller's Agent in 2020

    Gene Bernshtein

    Rise Signature Homes

    (978) 689-5773

    4 Total Sales

    Gene Bernshtein
    Section Image

  • V

    Seller Co-Listing Agent in 2020

    Valvel Temin

    Rise Signature Homes

    Section Image

  • F

    Buyer's Agent in 2020

    Felix Gutierrez

    Rey Realty Group

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72624469

MLS Property Information Network (MLS PIN)

APN: METH-000618-000159-A000059

Massachusetts Essex County Methuen 01844 Downtown Methuen

26 Westland St Unit 28, Methuen, MA

This home is located at 26 Westland St Unit 28, Methuen, MA 01844 since 25 February 2020 and is currently estimated at $826,127, approximately $265 per square foot. This property was built in 1920. 26 Westland St Unit 28 is a home located in Essex County with nearby schools including Tenney Grammar School, Methuen High School, and Lawrence Family Development Charter School.

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