NOT LISTED FOR SALE

Estimated Value: $836,936

7 Beds
4 Baths
3,159 Sq Ft
$265/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $542,648 $172 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,551/month

22 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Porch

About This Home

As of February 2020

Excellent investment opportunity to own this meticulously maintained 4-family on the corner of Main Street and Eleventh Avenue. This property consists of 1 commercial unit on the left currently used by an award winning hair salon, on the right 2 residential apartments with 2 bedroom/1 bath combination, and 1 residential unit with 3 beds/1 bath. All units are very well taken care of and have gone through extensive renovations with great care to preserve the building's charming Victorian period details including elaborate crown moldings, gleaming hardwood floors, elegant foyer with grand staircase, and beautiful decorative fireplaces. Among the many improvements done in recent years include updating electrical and separating meters, adding blown-in insulation, replacing some windows, fixing slate roof where needed, and hardwiring smoke detectors. Well established rental history with all tenants presently signed on leases at great market rents plus laundry coin up revenue!

Last Agent to Sell the Property

George Medrano

Keller Williams Gateway Realty Listed on: 11/05/2019

Keller Williams Gateway Realty

Last Buyer's Agent

Michael Skafas

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405

Outdoor Features

  • Balcony
  • Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0613 B:00501 L:3

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 3195
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 180.12
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Flooring: Hardwood
  • Total Flrs: 7
  • Total Frplcs: 1
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95001
  • Main So: G95022
  • Estimated Sq Ft: 3159.00

Exterior Features

  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Balcony
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Assigned
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 609
  • Sewer: 865
  • Electric Features: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 415600.00
  • Acre: 0.17
  • Lot Size: 7440.00
  • Page: 205
  • Parcel Number: M:0613 B:00501 L:3
  • Zoning: CN
  • Lot Description: Gentle Slope, Level

Multi Family

  • APOD Available: Yes
  • Total Levels: 4
  • Total Rent: 5435
  • Total Rms: 12
  • No Units: 4
  • Mf Type: 4 Family

Tax Info

  • Taxes: 5797.62
  • Assessor Parcel Number: 1933189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Feb 4, 2020
Sold by
520 Main Street Llc
Bought by
Djp Main Street Rt
Seller's Agent
George Medrano
Keller Williams Gateway Realty
Buyer's Agent
Michael Skafas
eXp Realty
List Price
$569,000
Sold Price
$542,648
Premium/Discount to List
-$26,352
-4.63%
Current Estimated Value
$836,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,288
Avg. Annual Appreciation
7.41%
Original Mortgage
$350,000
Outstanding Balance
$313,303
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$495,282

Purchase Details

Listed on
Feb 17, 2015
Closed on
Jul 9, 2015
Sold by
Kport Rt
Bought by
520 Main Street Llc
Seller's Agent
Jefferson Davis
Coldwell Banker Realty - Haverhill
Buyer's Agent
Sharon Seabury
Twin Pinnacle Realty
List Price
$448,500
Sold Price
$390,000
Premium/Discount to List
-$58,500
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$353,500
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2014
Sold by
Duchemin Jeffrey A
Bought by
Kport Rt

Purchase Details

Closed on
Dec 31, 1997
Sold by
Hannenian Thomas A and Hannenian Gerda E
Bought by
Duchemin Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Djp Main Street Rt $542,648 None Available
520 Main Street Llc $390,000 --
Kport Rt -- --
Duchemin Jeffrey A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Djp Main Street Rt $350,000
Previous Owner 520 Main Street Llc $353,500
Previous Owner Duchemin Jeffrey A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $542,648 -4.6% $172 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $569,000 +45.9% $180 / Sq Ft
07/09/2015 07/09/15 Sold $390,000 -13.0% $123 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $448,500 -- $142 / 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 -- $713,600 $162,300 $551,300
2024 -- $664,300 $154,600 $509,700
2023 $0 $614,900 $154,600 $460,300
2022 $0 $514,400 $142,200 $372,200
2021 $0 $492,100 $126,800 $365,300
2020 $0 $457,300 $120,600 $336,700
2019 $0 $415,600 $105,100 $310,500
2018 $0 $388,300 $98,900 $289,400
2017 $0 $322,000 $85,000 $237,000
2016 -- $301,900 $64,900 $237,000
2015 -- $278,100 $64,900 $213,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72588851

MLS Property Information Network (MLS PIN)

APN: HAVE-000613-000501-000003