52 Olive St Unit 54 Methuen, MA 01844
The East End Neighborhood
6
Beds
3
Baths
3,478
Sq Ft
10,019
Sq Ft Lot
About This Home
As of November 2020Owner occupied or Investment opportunity! Great income generating property .The home features two meticulously kept units with separate utilities, newer heating & hot water heaters ,newer Eat in kitchens ,hardwood floors , vinyl windows, separate laundry rooms in the units with a folding counter /cabinets and washer/dryer hookups and a bonus Lead certificate. First floor unit offers 7 rooms, 3 bedrooms and 1 bath. Second unit offers a town house style unit with 2 floors ; this unit features 8 rooms, 3 bedrooms, 2 full baths, the top floor to this unit offers a great room with cathedral ceilings with a full bath, lots of closet space and a walking in cedar closet .This home has 4 porches 2 open and two enclosed . Overlooking a lovely, well manicured grounds with an irrigation system .Three (3) car detached garages is ideal to rent to tenants or others ,great way to increase revenue . Convenient to all major highways ,tax free NH ,mountains & ocean .
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,708
Year Built
- Built in 1914
Parking
- 3 Car Garage
Flooring
- Wood
- Tile
Outdoor Features
- Porch
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2020
Closed on
Nov 25, 2020
Sold by
Olive Street Realty Llc
Bought by
Young Robert H and Young Nancy J
Seller's Agent
Connie Doto
Connie Doto Realty Group
Buyer's Agent
Lori Penney
ERA Key Realty Services
List Price
$623,628
Sold Price
$625,000
Premium/Discount to List
$1,372
0.22%
Total Days on Market
5
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
$217,055
Avg. Annual Appreciation
6.43%
Original Mortgage
$468,750
Outstanding Balance
$422,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$406,132
Purchase Details
Closed on
Dec 18, 2018
Sold by
Sigillo David A and Sigillo Jane E
Bought by
Olive Street Realty Llc
Purchase Details
Closed on
Mar 5, 2012
Sold by
Quest Realty Llc
Bought by
Sigillo David A and Sigillo Jane E
Purchase Details
Closed on
Jun 11, 2009
Sold by
Sigillo David A and Sigillo Jane E
Bought by
Quest Realty Llc
Purchase Details
Closed on
Sep 30, 2004
Sold by
Trenholm Patricia A and Trenholm Stephen P
Bought by
Sigillo David and Sigillo Jane E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 2000
Sold by
Lacourse Timothy E
Bought by
Trenholm Stephen P and Pacheco Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 20, 1992
Sold by
Lacourse Ann T
Bought by
Lacourse Timothy E
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $625,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $384,000 | -- | |
| Deed | $384,000 | -- | |
| Deed | $249,900 | -- | |
| Deed | $249,900 | -- | |
| Deed | $175,000 | -- | |
| Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $468,750 | New Conventional | |
| Closed | $468,750 | New Conventional | |
| Previous Owner | $284,000 | Purchase Money Mortgage | |
| Previous Owner | $210,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2021 05/01/21 | Rented | $2,000 | 0.0% | -- |
| 04/09/2021 04/09/21 | Under Contract | -- | -- | -- |
| 03/18/2021 03/18/21 | For Rent | $2,000 | 0.0% | -- |
| 11/30/2020 11/30/20 | Sold | $625,000 | +0.2% | $180 / Sq Ft |
| 10/17/2020 10/17/20 | Pending | -- | -- | -- |
| 10/12/2020 10/12/20 | For Sale | $623,628 | -- | $179 / 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 | $9,708 | $917,600 | $207,200 | $710,400 |
| 2024 | $8,856 | $815,500 | $189,000 | $626,500 |
| 2023 | $8,676 | $741,500 | $168,000 | $573,500 |
| 2022 | $7,754 | $594,200 | $133,000 | $461,200 |
| 2021 | $6,194 | $469,600 | $126,000 | $343,600 |
| 2020 | $5,931 | $441,300 | $126,000 | $315,300 |
| 2019 | $5,453 | $384,300 | $119,000 | $265,300 |
| 2018 | $5,063 | $354,800 | $112,000 | $242,800 |
| 2017 | $4,977 | $339,700 | $112,000 | $227,700 |
| 2016 | $4,461 | $301,200 | $98,000 | $203,200 |
| 2015 | $4,260 | $291,800 | $98,000 | $193,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Penney
Seller's Agent in 2021
Lori Penney
ERA Key Realty Services
(978) 375-2520
5 in this area
269 Total Sales
-
Linda DuCharme
Seller Co-Listing Agent in 2021
Linda DuCharme
ERA Key Realty Services
(978) 375-1918
73 Total Sales
-
Connie Doto
Seller's Agent in 2020
Connie Doto
Connie Doto Realty Group
(978) 697-5488
24 in this area
151 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72741433
APN: METH-000914-000098-000045
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