NOT LISTED FOR SALE

43 Cedar St Amesbury, MA 01913

Estimated Value: $646,000 - $922,001

7 Beds
5 Baths
2,741 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $600,000 $219 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,025/month

115 Days on Market

About This Home

As of February 2020

Investors take notice! Come take a look at this well maintained, 3-unit, multi-family property located close to downtown Amesbury and commuter routes. 2 units are TAW with rents well below market value and 1 unit is vacant. Rental history is strong and tenants pay for their own utilities. The exterior has been freshly painted, the roof is newer plus each tenant enjoys in-unit laundry and their own private deck. With plenty of parking at this townhouse style home, this property has great potential for either condo conversion, investment opportunity or owner occupancy.

Last Agent to Sell the Property

Erica Knapp Puorro

Lamacchia Realty, Inc. Listed on: 09/23/2019

Lamacchia Realty, Inc.

Last Buyer's Agent

Nicholas Silvestri

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 0.36

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Additional Features

  • Deck
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:40 B:0223

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 222.18
  • Comp Based On: Net Sale Price
  • Year Built: 1860
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 8
  • Year Built: 1860

Interior Features

  • Flooring: Wood, Vinyl, Wall to Wall Carpet, Laminate
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Fbh: 3
  • Total Hbh: 2
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: C95006
  • Main So: C95098
  • Estimated Sq Ft: 2741.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck - Wood
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 9

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 3

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School

Lot Info

  • Assessments: 464900.00
  • Acre: 0.36
  • Lot Size: 15855.00
  • Page: 501
  • Parcel Number: M:40 B:0223
  • Zoning: R8
  • Lot Description: Corner

Multi Family

  • Heat Units: 3
  • Total Levels: 8
  • Total Rent: 3900
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Side by Side

Tax Info

  • Taxes: 7987.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Davidson Steve
Bought by
Hillery Amanda
Current Estimated Value
$801,750

Purchase Details

Listed on
Sep 23, 2019
Closed on
Feb 27, 2020
Sold by
43-45 Cedar St Rt
Bought by
Davidson Steve
Seller's Agent
Erica Knapp Puorro
Lamacchia Realty, Inc.
Buyer's Agent
Nicholas Silvestri
Keller Williams Realty Evolution
List Price
$609,000
Sold Price
$600,000
Premium/Discount to List
-$9,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Crowninshield Martha
Bought by
43-45 Cedar Street Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,800
Interest Rate
8.18%
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
Hillery Amanda -- None Available
Davidson Steve $600,000 None Available
43-45 Cedar Street Rt $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 43-45 Cedar Street Rt $850,000
Previous Owner 43-45 Cedar Street Rt $800,000
Previous Owner 43-45 Cedar Street Rt $93,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $600,000 -1.5% $219 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $609,000 0.0% $222 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/25/2019 11/25/19 Price Changed $609,000 0.0% $222 / Sq Ft
11/25/2019 11/25/19 For Sale $609,000 -3.2% $222 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $629,000 -- $229 / 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 $10,488 $685,500 $229,100 $456,400
2024 $10,441 $667,600 $216,100 $451,500
2023 $10,448 $639,400 $187,900 $451,500
2022 $10,046 $567,900 $163,400 $404,500
2021 $9,780 $535,900 $126,400 $409,500
2020 $7,987 $464,900 $121,500 $343,400
2019 $6,586 $358,500 $121,500 $237,000
2018 $6,506 $342,600 $115,700 $226,900
2017 $6,835 $342,600 $115,700 $226,900
2016 $6,794 $335,000 $115,700 $219,300
2015 $6,881 $335,000 $115,700 $219,300
2014 $7,025 $335,000 $115,700 $219,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72569220

MLS Property Information Network (MLS PIN)

APN: AMES-000040-000000-000223