Seller's Agent in 2023
Jose Frias
Realty ONE Group Nest
(978) 902-1561
16 in this area
127 Total Sales
452 Prospect St Unit 454 Methuen, MA 01844
The East End NeighborhoodEstimated Value: $901,433 - $1,042,000
9
Beds
4
Baths
5,481
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Shops
- Property is near public transit
- Park
- Coin Laundry
About This Home
As of November 2023Introducing an exceptional investment opportunity at 452-454 Prospect St. Currently the only 3-family property in the heart of Methuen. Each unit offering 7 rooms, 3 bedrooms and a bathroom and a total of 5,481 sq ft of living space, this property has very dependable tenants already in place, ensuring a steady rental income. Extra space in lower level being used as workout room / man cave. Conveniently located near highways and local amenities, this property is the perfect example of an income-generating gem. Don't miss out on your chance to secure this coveted investment.Come explore the potential of this property and make it your next real estate success. Open House showing only. Saturday 10/21 and Sunday 10/22 from 2:00-3:30PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,123
Year Built
- Built in 1900
Lot Details
- 3,350 Sq Ft Lot
- Fenced
Home Design
- Stone Foundation
- Frame Construction
Interior Spaces
- 5,481 Sq Ft Home
- Insulated Windows
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- 3 Heating Zones
- 100 Amp Service
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number M:00914 B:00097 L:00005,2047215
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 9, 2007
Sold by
Aurora Loan Svcs Llc
Bought by
Mosquea Gregorio
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 23, 2004
Sold by
Morales Jaime and Cruz Esperanza
Bought by
Amero John S and Amero Kristin E
Purchase Details
Closed on
Nov 20, 2002
Sold by
Ngetha Sammy M
Bought by
Morales Jaime A and Cruz Esperanza T
Purchase Details
Closed on
Jan 25, 2001
Sold by
Tejada Ricardo
Bought by
Ngetha Sammy M
Purchase Details
Closed on
May 25, 1999
Sold by
Berton David J and Tejada Richardo
Bought by
Tejeda Richardo F
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mosquea Gregorio | $290,000 | -- | |
| Mosquea Gregorio | $290,000 | -- | |
| Amero John S | $336,000 | -- | |
| Amero John S | $336,000 | -- | |
| Morales Jaime A | $310,000 | -- | |
| Morales Jaime A | $310,000 | -- | |
| Ngetha Sammy M | $189,900 | -- | |
| Ngetha Sammy M | $189,900 | -- | |
| Tejeda Richardo F | $109,900 | -- | |
| Tejeda Richardo F | $109,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tejeda Richardo F | $183,805 | |
| Closed | Mosquea Gregorio | $232,000 | |
| Closed | Mosquea Gregorio | $58,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $797,500 | +0.3% | $146 / Sq Ft |
| 10/25/2023 10/25/23 | Pending | -- | -- | -- |
| 10/16/2023 10/16/23 | For Sale | $795,000 | -- | $145 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,408 | $794,700 | $187,500 | $607,200 |
| 2024 | $7,429 | $684,100 | $128,300 | $555,800 |
| 2023 | $7,123 | $608,800 | $114,000 | $494,800 |
| 2022 | $6,207 | $475,600 | $90,300 | $385,300 |
| 2021 | $6,083 | $461,200 | $85,500 | $375,700 |
| 2020 | $6,071 | $451,700 | $85,500 | $366,200 |
| 2019 | $5,507 | $388,100 | $64,000 | $324,100 |
| 2018 | $5,054 | $354,200 | $60,300 | $293,900 |
| 2017 | $4,739 | $323,500 | $60,300 | $263,200 |
| 2016 | $4,375 | $295,400 | $52,700 | $242,700 |
| 2015 | $3,865 | $264,700 | $52,700 | $212,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Frias
-
Kim Covino
Buyer's Agent in 2023
Kim Covino
Compass
(781) 249-3854
1 in this area
426 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73170783
APN: METH-000914-000097-000005
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