NOT LISTED FOR SALE

3 Ridge Rd Methuen, MA 01844

The East End Neighborhood

Estimated Value: $480,000 - $543,000

2 Beds
1 Bath
1,000 Sq Ft
$502/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $400,000 $400 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,999/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Ranch Style House
  • Corner Lot

About This Home

As of May 2022

Take advantage of the equity potential in this move-in conditions ranch in East Methuen. Located in a sought-after neighborhood, with easy highway access, this home offers great value in today's market. Spacious and bright, with generous-sized rooms, including a large living room and eat-in kitchen, this home sits on a nice, level lot, with a large deck, and attached garage. With a new roof, new front porch and steps, new garage door, and fresh paint inside and out, this home is a great opportunity for first-time buyers, or empty-nesters!

Last Agent to Sell the Property

Kevin McRobbie

Leading Edge Real Estate Listed on: 03/11/2022

Last Buyer's Agent

Sam Kiwanuka

Cameron Real Estate Group

Cameron Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 1965

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Property is zoned RD

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Bay Window
  • Mud Room
  • Dining Area
  • Home Security System
  • Range
  • Washer

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • Medical Services
  • Shops

Listing and Financial Details

  • Assessor Parcel Number M:01014 B:00104 L:00106,2048913

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,927

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1965
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Mud Room
  • Fireplace YN: No
  • Appliances: Range,Refrigerator,Washer, Gas Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Ceiling Fan(s), Dining Area
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Basement: Full, Sump Pump, Concrete
  • Living Area: 1000
  • MAIN LO: AN4643
  • MAIN SO: AC0756

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Public School

Lot Info

  • Parcel Number: M:01014 B:00104 L:00106,2048913
  • Zoning: RD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.799999
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 7906

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3927

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 24, 2022
Sold by
Farnham John W and Farnham Anne M
Bought by
Magandazi Joseph C
Seller's Agent
Kevin McRobbie
Leading Edge Real Estate
Buyer's Agent
Sam Kiwanuka
Cameron Real Estate Group
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Current Estimated Value
$502,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,219
Avg. Annual Appreciation
6.64%
Original Mortgage
$392,755
Outstanding Balance
$372,572
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$129,647

Purchase Details

Closed on
Jul 13, 2010
Sold by
Gulanowski Rt and Dilloff
Bought by
Farnham John W and Farnham Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,794
Interest Rate
4.78%
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
Magandazi Joseph C $400,000 None Available
Farnham John W $204,400 --
Farnham John W $204,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magandazi Joseph C $392,755
Closed Magandazi Joseph C $392,755
Previous Owner Farnham John W $208,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $400,000 +5.3% $400 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $380,000 -- $380 / 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 $4,280 $404,500 $201,000 $203,500
2024 $4,201 $386,800 $183,300 $203,500
2023 $4,100 $350,400 $163,000 $187,400
2022 $3,927 $300,900 $135,800 $165,100
2021 $3,688 $279,600 $129,000 $150,600
2020 $3,683 $274,000 $129,000 $145,000
2019 $3,431 $241,800 $115,400 $126,400
2018 $3,359 $235,400 $115,400 $120,000
2017 $3,270 $223,200 $115,400 $107,800
2016 $3,123 $210,900 $108,700 $102,200
2015 $3,031 $207,600 $108,700 $98,900
Source: Public Records

Agents Affiliated with this Home

  • Kevin McRobbie

    Seller's Agent in 2022

    Kevin McRobbie

    Leading Edge Real Estate

    (978) 376-8093

    1 in this area

    37 Total Sales

    Kevin McRobbie
    Section Image
  • Sam Kiwanuka

    Buyer's Agent in 2022

    Sam Kiwanuka

    Cameron Real Estate Group

    (617) 901-8033

    3 in this area

    123 Total Sales

    Sam Kiwanuka
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72951744

MLS Property Information Network (MLS PIN)

APN: METH-001014-000104-000106

Massachusetts Essex County Methuen 01844 The East End

3 Ridge Rd, Methuen, MA

Not Listed for Sale

Detached

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