NOT LISTED FOR SALE

3-5 Grassmere Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $595,512 - $805,000

6 Beds
2 Baths
2,720 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $285,000 $105 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,898/month

40 Days on Market

About This Home

As of July 2014

Just the Multi Family home you have been waiting for! Duplex style, with sundrenched enclosed front porch, 6/3/1 each side. Owner's side has a walk up attic for future expansion if needed, and a semi-finished lower level. All this and it is sitting on a nice lot located on a peaceful dead end street with only 4 homes. Do not wait to see this gem. It will not be around long.

Last Agent to Sell the Property

Trevor Gearin

Lamacchia Realty, Inc. Listed on: 05/21/2014

Lamacchia Realty, Inc.

Last Buyer's Agent

Trevor Gearin

Lamacchia Realty, Inc. Listed on: 05/21/2014

Lamacchia Realty, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,829

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 12
  • Basement: Full, Partially Finished, Interior Access

Exterior Features

  • Exterior: Stucco
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas

Schools

  • Elementary School: Tenney
  • Middle School: Tenney
  • High School: Methuen

Lot Info

  • Assessor Parcel Number: M:00618 B:00159A L:00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 31, 2014
Sold by
Privitera Paul S and Privitera Michael P
Bought by
Genao Freddy and Genao Adrianna
Seller's Agent
Trevor Gearin
Lamacchia Realty, Inc.
Buyer's Agent
Trevor Gearin
Lamacchia Realty, Inc.
List Price
$304,721
Sold Price
$285,000
Premium/Discount to List
-$19,721
-6.47%
Current Estimated Value
$632,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,914
Avg. Annual Appreciation
7.44%
Original Mortgage
$271,600
Outstanding Balance
$210,021
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$418,679

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 28, 2014
Sold by
3 Grassmere Avenue Rt
Bought by
Privitera Paul S and Privitera Michael P
Seller's Agent
Trevor Gearin
Lamacchia Realty, Inc.
Buyer's Agent
Trevor Gearin
Lamacchia Realty, Inc.
List Price
$304,721
Sold Price
$285,000
Premium/Discount to List
-$19,721
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,600
Outstanding Balance
$210,021
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$418,679
Source: Public Records

Range of Values:

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Average Value
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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
Genao Freddy $280,000 --
Privitera Paul S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genao Freddy $271,600
Closed Genao Freddy $7,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $285,000 -6.5% $105 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $304,721 -- $112 / 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 $4,829 $456,400 $197,300 $259,100
2024 $4,769 $439,100 $180,000 $259,100
2023 $4,775 $408,100 $160,000 $248,100
2022 $4,263 $326,700 $126,700 $200,000
2021 $4,221 $320,000 $120,000 $200,000
2020 $4,301 $320,000 $120,000 $200,000
2019 $4,003 $282,100 $113,300 $168,800
2018 $4,078 $275,700 $106,700 $169,000
2017 $4,039 $275,700 $106,700 $169,000
2016 $3,885 $262,300 $93,300 $169,000
2015 $3,501 $239,800 $93,300 $146,500
Source: Public Records

Agents Affiliated with this Home

  • Trevor Gearin

    Seller's Agent in 2014

    Trevor Gearin

    Lamacchia Realty, Inc.

    (978) 590-6793

    12 in this area

    148 Total Sales

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71684939

MLS Property Information Network (MLS PIN)

APN: METH-000618-000159-A000047

Massachusetts Essex County Methuen 01844 Downtown Methuen

3-5 Grassmere Ave, Methuen, MA

This home is located at 3-5 Grassmere Ave, Methuen, MA 01844 since 21 May 2014 and is currently estimated at $666,128, approximately $244 per square foot. This property was built in 1915. 3-5 Grassmere Ave is a home located in Essex County with nearby schools including Tenney Grammar School, Methuen High School, and Lawrence Family Development Charter School.

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.

MLS Property Information Network (MLS PIN) 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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