NOT LISTED FOR SALE

5 Summit Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $532,000 - $593,000

3 Beds
1 Bath
1,651 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 07, 2016

Last sale price $250,000 $151 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,295/month

3 Days on Market

About This Home

As of April 2016

Don't miss this bedroom colonial features include kitchen with breakfast bar, dining room with built ins, formal fireplaced large living room and great family room or den. Home features master with his and her closets and 2 other great bedrooms all this with great level lot with great brick patio lovely walls, 2 car garage young heating system and so much more.

Last Agent to Sell the Property

Jennifer Hamilton-Bower

Keller Williams Realty Listed on: 02/01/2016

Keller Williams Realty

Last Buyer's Agent

Sarah MacBurnie

Ocean's Edge Real Estate

Ocean's Edge Real Estate

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School
  • Energy: Storm Doors
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Insulation: Mixed
  • Interior Amenities: Cable Available
  • Basement: Full, Interior Access
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Patio
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heating: Steam, Oil
  • Heat Zones: 1
  • Hot Water: Tankless
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: rg

Multi Family

  • Foundation: 29X26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 7, 2016
Sold by
Mcgurn William P and Mcgurn Maryanne C
Bought by
Shields Joseph M
Seller's Agent
Jennifer Hamilton-Bower
Keller Williams Realty
Buyer's Agent
Sarah MacBurnie
Ocean's Edge Real Estate
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$554,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,504
Avg. Annual Appreciation
8.48%
Original Mortgage
$237,500
Outstanding Balance
$187,277
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$367,227

Purchase Details

Listed on
Feb 1, 2016
Closed on
Feb 22, 2016
Sold by
Drouin Mcgurn W and Drouin Anne J
Bought by
Mcgurn William P and Mcgurn Maryanne C
Seller's Agent
Jennifer Hamilton-Bower
Keller Williams Realty
Buyer's Agent
Sarah MacBurnie
Ocean's Edge Real Estate
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$187,277
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$367,227

Purchase Details

Closed on
Sep 9, 2015
Sold by
Mcgurn William P and Mcgurn Maryanne C
Bought by
Drouin Mcgurn W and Drouin Anne J
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
Shields Joseph M $250,000 --
Mcgurn William P -- --
Mcgurn William P -- --
Mcgurn William P -- --
Drouin Mcgurn W -- --
Drouin Mcgurn W -- --
Drouin Mcgurn W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Joseph M $237,500
Closed Shields Joseph M $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2016 04/07/16 Sold $250,000 -3.8% $151 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $259,900 -- $157 / 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 $5,085 $480,600 $194,700 $285,900
2024 $4,960 $456,700 $177,600 $279,100
2023 $4,397 $375,800 $157,900 $217,900
2022 $4,147 $317,800 $131,600 $186,200
2021 $3,904 $296,000 $125,000 $171,000
2020 $3,876 $288,400 $125,000 $163,400
2019 $3,684 $259,600 $111,800 $147,800
2018 $3,596 $252,000 $111,800 $140,200
2017 $3,507 $239,400 $111,800 $127,600
2016 $3,409 $230,200 $105,200 $125,000
2015 $3,288 $225,200 $105,200 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hamilton-Bower

    Seller's Agent in 2016

    Jennifer Hamilton-Bower

    Keller Williams Realty

    (508) 954-7941

    12 in this area

    210 Total Sales

    Jennifer Hamilton-Bower
    Section Image
  • Sarah MacBurnie

    Buyer's Agent in 2016

    Sarah MacBurnie

    Ocean's Edge Real Estate

    (978) 337-9955

    85 Total Sales

    Sarah MacBurnie
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71954415

MLS Property Information Network (MLS PIN)

APN: METH-000712-000064-000016

Massachusetts Essex County Methuen 01844 Downtown Methuen

5 Summit Ave, Methuen, MA

Not Listed for Sale

Detached

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