NOT LISTED FOR SALE

291-293 Elm St Amesbury, MA 01913

Estimated Value: $611,817

11.44 Acres
$53,481 Price per Acre
498,326 Sq Ft Lot

Last Sold June 10, 2024

Last sale price $570,000

Est. 7% increase in value since last sale

Current estimated payment $3,608/month

69 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Wooded Lot
  • 11.44 Acre Lot
  • Wetlands on Lot
  • No HOA

About This Lot

As of June 2024

4.9 upland acres on Elm St, 11.44 total upland acres with approvals. Development land assemblage consisting of four separate parcels situated in the Office Park, (OP), zone, with three separate overlay districts, including a recent 40R housing overlay. The OP zone allows most commercial uses by right or special permit. This unique offering includes a two-story four-bedroom home with a detached garage with natural gas-fueled hot water heat and a full unfinished basement. This property is well situated near the exit from Interstate 95 near the intersection of I-95 and I-495 and benefits from traffic on MA Route 110 (Macy St) and Elm Street, the primary route from I-95 into downtown Amesbury. Recent traffic count information indicates 22,248 on MA Rte 110, 11,108 on Elm St, and 59,681 on I-95. Prospective buyers are encouraged to conduct due diligence as to details and suitability for their purpose. Total acreage is approximately 20.3 acres.

Last Agent to Sell the Property

Faulkner & Associates

Keller Williams Realty Listed on: 02/12/2024

Keller Williams Realty

Co-Listed By

Janet Faulkner

Keller Williams Realty

Last Buyer's Agent

Faulkner & Associates

Keller Williams Realty Listed on: 02/12/2024

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,247

Lot Details

  • 11.44 Acre Lot
  • Property fronts a state road
  • Near Conservation Area
  • Level Lot
  • Wooded Lot
  • Property is zoned OP

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:80 B:0008, 0009, 0010

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail
  • Electricity Available at Street
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,247

Lot Details

0

Listing Details

  • Property Type: Land
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • MAIN LO: G95022
  • MAIN SO: G95022

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public, State Road
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer, On-Site, At Street
  • Gas: At Street
  • Electric: On-Site, At Street
  • Electricity On Property: Yes
  • Water Source: Public, On-Site, At Street

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:80 B:0008, 0009, 0010
  • Zoning: OP
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level, Wetlands, Wooded, Gentle Sloping
  • Lot Size Acres: 11.44
  • Lot Size Area: 11.44
  • Lot Size Sq Ft: 498326
  • Lot Size Units: Acres
  • PAGE: 236
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4247
  • Tax Book Number: 15523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jun 10, 2024
Sold by
Ouellet Protection Irt and Kulas
Bought by
291-293 Elm Street Llc
Seller's Agent
Faulkner & Associates
Keller Williams Realty
Buyer's Agent
Faulkner & Associates
Keller Williams Realty
List Price
$799,000
Sold Price
$570,000
Premium/Discount to List
-$229,000
-28.66%
Views
51
Current Estimated Value
$611,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,817
Avg. Annual Appreciation
5.47%
Original Mortgage
$427,500
Outstanding Balance
$422,199
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,618
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
291-293 Elm Street Llc $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 291-293 Elm Street Llc $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $570,000 -28.7% --
04/22/2024 04/22/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $799,000 +40.2% --
04/15/2024 04/15/24 Off Market $570,000 -- --
04/03/2024 04/03/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $799,000 -20.1% --
02/12/2024 02/12/24 For Sale $1,000,000 -- --
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 $4,368 $285,500 $285,500 $0
2024 $4,221 $269,900 $269,900 $0
2023 $3,802 $232,700 $232,700 $0
2022 $4,116 $232,700 $232,700 $0
2021 $4,247 $232,700 $232,700 $0
2020 $4,036 $234,900 $232,700 $2,200
2019 $4,111 $223,800 $221,600 $2,200
2018 $3,866 $203,600 $201,400 $2,200
2017 $4,190 $210,000 $193,800 $16,200
2016 $4,111 $202,700 $186,500 $16,200
2015 $4,163 $202,700 $186,500 $16,200
2014 $4,251 $202,700 $186,500 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73201690

MLS Property Information Network (MLS PIN)

APN: AMES-000080-000000-000008