Seller's Agent in 2016
Chris Mazzarella
Legal Edge Real Estate, Inc
(781) 910-4444
5 Total Sales
40 Fairview Ave Methuen, MA 01844
The East End NeighborhoodEstimated Value: $687,000 - $775,059
5
Beds
3
Baths
2,727
Sq Ft
$273/Sq Ft
Est. Value
About This Home
As of June 2016JUST REDUCED- to sell. Don't miss this Custom 2 Family on dead end street with 2 car garage. Investors and contractors, come see the potential for this large lot. Unit #1 offers open concept, large cathedral living/dining room, spacious kitchen with center island, fireplace living room, additional finished room in basement for game/play/office/family room. Partially heated by energy saving passive solar plus Mitsubishi ductless heat & a/c unit. Over-sized, level lot with storage shed, well for watering, in-ground gunite pool and large fenced yard. Furnace and architectural roof are in newer condition. Unit #2 is bright, modern and well designed. This unit features beautiful eat-in, modern kitchen, in-unit stackable washer/dryer, balcony, fireplace heating source and good sized bedrooms. A few updates and improvements is all it takes to make this great property a solid investment property and/or wonderful home for your family. First come, first serve for all offers.
Last Buyer's Agent
Tobybeth Barber
Vylla Home
Property Details
Home Type
Multi-Family
Year Built
1930
Lot Details
0.58 Acres
Listing Details
- Lot Description: Paved Drive, Fenced/Enclosed, Level
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 3
- Year Built: 1930
Interior Features
- Fireplaces: 2
- Has Basement: Yes
- Fireplaces: 2
- Number of Rooms: 11
- Amenities: Highway Access
- Electric: Circuit Breakers, Individually Metered, Varies per Unit
- Flooring: Wood, Tile, Wall to Wall Carpet, Laminate
- Basement: Partial, Partially Finished, Walk Out, Interior Access, Concrete Floor
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Clapboard, Wood, Brick
- Exterior Features: Pool - Inground, Storage Shed
- Foundation: Poured Concrete, Irregular, Concrete Block
Garage/Parking
- Garage Spaces: 2
- Parking: Off-Street
- Parking Spaces: 4
Utilities
- Utility Connections: for Electric Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 2
Lot Info
- Zoning: RD
Multi Family
- Cooling Units: 1
- Cooling Common: None
- Total Bedrooms: 5
- Total Fireplaces: 2
- Total Floors: 3
- Total Full Baths: 2
- Total Half Baths: 1
- Total Levels: 2
- Total Rms: 11
- Total Rent_1: 850
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2016
Closed on
Jun 29, 2016
Sold by
Malignaggi Lorraine G
Bought by
Joaquin Michael
Seller's Agent
Chris Mazzarella
Legal Edge Real Estate, Inc
Buyer's Agent
Tobybeth Barber
Vylla Home
List Price
$419,900
Sold Price
$379,000
Premium/Discount to List
-$40,900
-9.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,515
Avg. Annual Appreciation
7.19%
Original Mortgage
$372,135
Outstanding Balance
$293,415
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$451,100
Purchase Details
Closed on
Apr 1, 1983
Bought by
Malignaggi Samuel and Malignaggi Lorraine G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joaquin Michael | $379,000 | -- | |
| Malignaggi Samuel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joaquin Michael | $372,135 | |
| Closed | Joaquin Michael | $372,135 | |
| Previous Owner | Malignaggi Samuel | $134,270 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2016 06/29/16 | Sold | $379,000 | -2.8% | $139 / Sq Ft |
| 05/09/2016 05/09/16 | Pending | -- | -- | -- |
| 04/28/2016 04/28/16 | Price Changed | $389,900 | -7.1% | $143 / Sq Ft |
| 04/22/2016 04/22/16 | For Sale | $419,900 | -- | $154 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $7,841 | $741,100 | $253,000 | $488,100 |
| 2024 | $7,184 | $661,500 | $230,700 | $430,800 |
| 2023 | $6,733 | $575,500 | $205,100 | $370,400 |
| 2022 | $6,210 | $475,900 | $170,900 | $305,000 |
| 2021 | $5,949 | $451,000 | $162,400 | $288,600 |
| 2020 | $5,622 | $418,300 | $162,400 | $255,900 |
| 2019 | $5,404 | $380,800 | $145,300 | $235,500 |
| 2018 | $5,063 | $354,800 | $145,300 | $209,500 |
| 2017 | $4,804 | $327,900 | $145,300 | $182,600 |
| 2016 | $4,547 | $307,000 | $136,700 | $170,300 |
| 2015 | $4,371 | $299,400 | $136,700 | $162,700 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Mazzarella
-
T
Buyer's Agent in 2016
Tobybeth Barber
Vylla Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71993045
APN: METH-001012-000108-000115
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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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