John Collins
Capital Residential Group, LLC
(781) 604-1284
22 Total Sales
1 in Downtown Methuen
$620,000 Price
36 Forest St Unit 38 Methuen, MA 01844
Downtown Methuen Neighborhood
6
Beds
4
Baths
3,142
Sq Ft
0.25
Acre Lot
About This Home
As of May 2017Very well kept investment property, occupy and rent out three units, or maximize profit and rent all four units. Excellent Cash flow with room for improvement. Situated in a neighborhood with extremely convenient access to Rte 93 and close to major shopping centers. Utilities are separate, newer Heating/Water system (less than two years old) 4 Energy Star certified latest innovations in high efficiency combination space heating and hot water, tank-free operates with 95% efficiency. Roof (less than two years old), vinyl siding and replacement windows, newer flooring and freshly painted unit. Separate washer/dryer connections. Large back yard is an attractive feature for many tenants. Don't miss out on this great opportunity to own a rare four plex in a neighborhood setting.
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Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
0.25 Acres
Listing Details
- Lot Description: Paved Drive
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 6
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 14
- Amenities: Public Transportation, Shopping, Golf Course, Highway Access
- Electric: 220 Volts, 100 Amps, Individually Metered
- Energy: Insulated Windows, Storm Doors
- Flooring: Wood, Vinyl, Wall to Wall Carpet
- Basement: Full, Walk Out, Concrete Floor
- Total Levels: 6
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Foundation: Fieldstone
Garage/Parking
- Parking Spaces: 6
Utilities
- Hot Water: Natural Gas, Tankless
- Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 4
Lot Info
- Zoning: RD
Multi Family
- Foundation: unknown
- Common Room: Laundry
- Total Bedrooms: 6
- Total Floors: 6
- Total Full Baths: 4
- Total Levels: 2
- Total Rms: 13
- Total Rent_1: 4128
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 11, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,637
Outstanding Balance
$600,471
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 8, 2017
Closed on
May 11, 2017
Sold by
Bought by
Seller's Agent
Ron Morrison
MA Real Estate Center
Buyer's Agent
Debi Malone
LAER Realty Partners
List Price
$495,000
Sold Price
$492,000
Premium/Discount to List
-$3,000
-0.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
4.14%
Mortgage Type
Commercial
Purchase Details
Listed on
May 16, 2014
Closed on
Sep 12, 2014
Sold by
Bought by
Seller's Agent
Brian Emmons
Nxt Mov Real Estate
Buyer's Agent
Brian Emmons
Nxt Mov Real Estate
List Price
$369,900
Sold Price
$376,900
Premium/Discount to List
$7,000
1.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$370,072
Interest Rate
4.25%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Methuen, MA
-
John Collins
-
Brandon Sweeney
Brandon Sweeney
Responds QuicklyeXp Realty LLC
(978) 625-9008
93 Total Sales
1 in Downtown Methuen
$357,000 Price
-
Lisa Green-Browne
Lisa Green-Browne
Keller Williams Realty
(781) 725-6648
80 Total Sales
1 in Downtown Methuen
$450,000 Price
-
Andrew McAloon
Andrew McAloon
Lamacchia Realty, Inc.
(978) 736-3628
27 Total Sales
2 in Downtown Methuen
$582K - $590K Price Range
-
Magdiel Matias
Magdiel Matias
Matias Realty, LLC
(351) 207-3297
42 Total Sales
1 in Downtown Methuen
$508,000 Price
-
Debra Beaudry
Debra Beaudry
BHG Masiello Bedford
(603) 255-4713
88 Total Sales
1 in Downtown Methuen
$517,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $700,000 | None Available | ||
| $492,000 | -- | ||
| $355,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $50,000 | ||
| Open | $676,637 | ||
| Previous Owner | $352,000 | ||
| Previous Owner | $370,072 | ||
| Previous Owner | $20,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/10/2017 05/10/17 | Sold | $492,000 | -0.6% | $157 / Sq Ft | |
| 03/26/2017 03/26/17 | Pending | -- | -- | -- | |
| 03/08/2017 03/08/17 | For Sale | $495,000 | +31.3% | $158 / Sq Ft | |
| 09/12/2014 09/12/14 | Sold | $376,900 | +1.9% | $120 / Sq Ft | View Prior Sale |
| 08/13/2014 08/13/14 | Pending | -- | -- | -- | |
| 05/16/2014 05/16/14 | For Sale | $369,900 | -- | $118 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,258 | $780,500 | $209,600 | $570,900 |
| 2024 | $7,919 | $729,200 | $191,200 | $538,000 |
| 2023 | $7,701 | $658,200 | $170,000 | $488,200 |
| 2022 | $6,639 | $508,700 | $141,600 | $367,100 |
| 2021 | $6,617 | $501,700 | $134,600 | $367,100 |
| 2020 | $6,743 | $501,700 | $134,600 | $367,100 |
| 2019 | $6,578 | $463,600 | $120,400 | $343,200 |
| 2018 | $5,047 | $353,700 | $120,400 | $233,300 |
| 2017 | $5,182 | $353,700 | $120,400 | $233,300 |
| 2016 | $5,133 | $346,600 | $113,300 | $233,300 |
| 2015 | $4,561 | $312,400 | $113,300 | $199,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Morrison
Seller's Agent in 2017
Ron Morrison
MA Real Estate Center
(978) 815-6965
46 Total Sales
-
Debi Malone
Buyer's Agent in 2017
Debi Malone
Laer Realty
(781) 929-2127
1 in this area
88 Total Sales
-
Brian Emmons
Seller's Agent in 2014
Brian Emmons
Nxt Mov Real Estate
(978) 475-5400
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72128928
APN: METH M:00516 B:00154 L:00003
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.
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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