NOT LISTED FOR SALE

47 W Main St Merrimac, MA 01860

Estimated Value: $686,000 - $755,000

5 Beds
2.5 Baths
2,637 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $682,500 $259 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,562/month

About This Home

As of May 2024

Great opportunity to own in Merrimac. 2 family home in great location. 1st floor unit has 2 full sized bedrooms and a small bedroom or office space. Open kitchen with ample cabinet space. 2nd floor has 3/4 bedrooms and a great open space. Laundry hookups in both units. Nice deck in top unit overlooking the lot. Plenty of off street parking. Newer roof. House delivered vacant. Perfect for owner occupied or investors. Flat lot. Located in the Pentucket Regional school district, Close to commuter routes, beaches and just minutes to Newburyport.

Last Agent to Sell the Property

Tyler Scaglione

Cameron Real Estate Group Listed on: 05/24/2024

Cameron Real Estate Group

Last Buyer's Agent

Ryan Childs

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,086

Year Built

  • Built in 1880

Lot Details

  • 0.3 Acre Lot
  • Wooded Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Stone Foundation

Interior Spaces

  • 2,637 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:0008 B:0002 L:00002,2032494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,086

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2637
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0756
  • MAIN SO: AN0992

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0008 B:0002 L:00002,2032494
  • Zoning: VR
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 12981
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7086

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 30, 2021
Sold by
Story Sean D
Bought by
Owen Christine
Seller's Agent
Jay LeClerc
Realty One Group Nest
Buyer's Agent
Tanya Doherty
Keller Williams Realty Evolution
List Price
$518,777
Sold Price
$518,777
Current Estimated Value
$733,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,549
Avg. Annual Appreciation
9.01%
Original Mortgage
$451,543
Outstanding Balance
$413,474
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$319,852

Purchase Details

Closed on
Mar 28, 2012
Sold by
Story Scott T and Story Edith
Bought by
Story Sean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,418
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 1997
Sold by
Terrazzano Helen
Bought by
Terrazzano Thomas R and Terrazzano Maureen D
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
Owen Christine $518,777 None Available
Story Sean D $248,000 --
Story Sean D $248,000 --
Terrazzano Thomas R $100,000 --
Terrazzano Thomas R $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen Christine $451,543
Previous Owner Terrazzano Thomas R $257,418
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $682,500 +1.1% $259 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $674,900 +30.1% $256 / Sq Ft
11/30/2021 11/30/21 Sold $518,777 0.0% $197 / Sq Ft View Prior Sale
09/24/2021 09/24/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $518,777 -- $197 / 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 $8,587 $648,100 $292,000 $356,100
2024 $7,086 $524,900 $275,700 $249,200
2023 $7,274 $492,500 $233,600 $258,900
2022 $6,804 $416,400 $188,100 $228,300
2021 $6,631 $406,800 $171,900 $234,900
2020 $6,053 $406,800 $171,900 $234,900
2019 $5,816 $367,900 $149,200 $218,700
2018 $5,715 $362,600 $139,500 $223,100
2017 $5,554 $339,900 $116,800 $223,100
2016 $5,493 $339,900 $116,800 $223,100
2015 $5,270 $324,300 $116,800 $207,500
2014 $5,047 $317,600 $116,800 $200,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73242257

MLS Property Information Network (MLS PIN)

APN: MERR-000008-000002-000002