NOT LISTED FOR SALE

Estimated Value: $335,104

4 Beds
3 Baths
6,079 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $225,000 $37 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,875/month

33 Days on Market

About This Home

As of December 2019

INVESTOR OPPORTUNITY - Methuen Mixed-Use property consisting of 2 residential units, 1 commercial unit and a 2 bay automotive garage. Commercial space and 1 residential unit currently rented at below market rent as a TAW. Property needs work and has an open MADEP case. Buyer to assume any future cleanup required. The DEP site # is 3-0004482. All MADEP paperwork available to buyers for review. Seeking CASH or HARD MONEY Buyers only. Does not qualify for traditional lending. Unique opportunity for a savvy buyer willing to put in the work. This property will be sold AS IS and AS Occupied. Any Inspections are at the sole expense of the buyer and for informational purposes only. Property is listed well below the assessment and market value. Electrical has been completely updated with new boxes and meters.

Last Listed By

Mark Bishop

RE/MAX Innovative Properties Listed on: 09/30/2019

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,663

Parking

  • 2 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 41.11
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full
  • Main Lo: NB5012
  • Main So: NB5012
  • Estimated Sq Ft: 6079.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Asbestos
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park

Lot Info

  • Assessments: 337100.00
  • Lot: 42
  • Acre: 0.13
  • Lot Size: 5793.00
  • Page: 233
  • Zoning: CBD
  • Lot Description: Corner

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 1100
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5700.00
  • Assessor Parcel Number: 2040787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 27, 2019
Sold by
Oakland Rt
Bought by
Greener Development Group
Seller's Agent
Mark Bishop
RE/MAX Innovative Properties
Buyer's Agent
Mark Bishop
RE/MAX Innovative Properties
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Total Days on Market
33
Current Estimated Value
$335,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,104

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
Greener Development Group $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greener Dev Group Llc $1,861,000
Previous Owner Oakland Rt $20,000
Previous Owner Oakland Rt $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $225,000 -10.0% $37 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $249,900 -- $41 / 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 -- $573,500 $129,400 $444,100
2024 -- $540,100 $121,800 $418,300
2023 $0 $441,200 $114,200 $327,000
2022 $0 $413,100 $106,600 $306,500
2021 $0 $405,400 $98,900 $306,500
2020 $0 $353,700 $91,300 $262,400
2019 $0 $337,100 $87,500 $249,600
2018 $0 $311,200 $87,500 $223,700
2017 $0 $311,200 $87,500 $223,700
2016 $8,378 $311,200 $87,500 $223,700
2015 $8,378 $315,900 $83,700 $232,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72572607

MLS Property Information Network (MLS PIN)

APN: METH-000614-000119-000042