NOT LISTED FOR SALE

Estimated Value: $727,000 - $803,000

1.83 Acres
$413,129 Price per Acre
79,715 Sq Ft Lot

Last Sold September 15, 2017

Last sale price $35,000

Est. 2,079% increase in value since last sale

Current estimated payment $4,519/month

321 Days on Market

Highlights

  • 1.83 Acre Lot
  • No HOA
  • Coin Laundry
  • Wooded Lot
  • Shops
  • Level Lot

About This Lot

As of September 2017

A Lot of Opportunity - one large residential lot with 300 ft of frontage available on the Haverhill/Methuen line. The parcel is tax coded as undevelopable land; however, it also has been tax coded as developable land (1997-2006). The lot map shows partial wetlands. Adjacent lots in the vicinity with homes built show a far greater percentage of wetlands (see lot map attached). It has the appropriate setbacks based on the tax map to build a single family home. Hire a botanist and surveyor to confirm what shows on the tax map and you may have a buildable lot. Also, a variance will be needed for the slight under-acreage to conform as a buildable lot (2 Acres needed). Other conforming uses for this lot are a detached Single Family with Accessory Apt, Daycare Center, Church, and Exempt-Educational. Public water and utilities at street.

Last Agent to Sell the Property

Bianca Garcia

Berkshire Hathaway HomeServices Verani Realty Salem Listed on: 10/19/2016

Berkshire Hathaway HomeServices Verani Realty Salem

Last Buyer's Agent

Christine Carey

DiPietro Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $613

Lot Details

  • 1.83 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Rural Res

Utilities

  • Natural Gas Not Available

Listing and Financial Details

  • Legal Lot and Block 33 / 72

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$613

Lot Details

0

Listing Details

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

Interior Features

  • MAIN LO: G61700
  • MAIN SO: G61700

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Utilities

  • Sewer: Other
  • Gas: None
  • Electric: At Street
  • Water Source: Public, At Street

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Laundromat, Highway Access

Lot Info

  • Zoning: Rural Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Wooded
  • Lot Size Acres: 1.83
  • Lot Size Sq Ft: 79714.8
  • Lot Size Units: Acres
  • LOT SIZE: 79714
  • PERC TEST: N

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 613
  • Tax Block: 72
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Pelletier Brian M and Pelletier Nancy
Bought by
Matta Emad and Matta Bishoy
Current Estimated Value
$762,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$591,809
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,218

Purchase Details

Closed on
Jan 12, 2007
Sold by
Select Prop Llc
Bought by
Bobadilla Sixto G and Bobadilla Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matta Emad $750,000 None Available
Bobadilla Sixto G -- --
Pelletier Brian M $405,000 --
Bobadilla Sixto G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matta Emad $600,000
Closed Matta Emad $600,000
Previous Owner Bobadilla Sixto G $384,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $35,000 0.0% --
09/05/2017 09/05/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $35,000 -- --
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 $6,360 $601,100 $219,800 $381,300
2024 $6,361 $585,700 $200,500 $385,200
2023 $6,143 $525,000 $178,200 $346,800
2022 $5,854 $448,600 $148,500 $300,100
2021 $5,524 $418,800 $141,100 $277,700
2020 $5,478 $407,600 $141,100 $266,500
2019 $5,313 $374,400 $126,200 $248,200
2018 $5,181 $363,100 $126,200 $236,900
2017 $5,037 $343,800 $126,200 $217,600
2016 $4,924 $332,500 $118,800 $213,700
2015 $4,742 $324,800 $118,800 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72083433

MLS Property Information Network (MLS PIN)

APN: TOPS M:0026 B:0057 L: