NOT LISTED FOR SALE

523 Lowell St Unit 2 Methuen, MA 01844

The West End Neighborhood

Estimated Value: $703,000 - $733,432

4 Beds
2 Baths
2,194 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $382,500 $174 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,421/month

14 Days on Market

About This Home

As of May 2017

West Methuen 2-family with a great 1st floor unit in need of some light cosmetic refreshing. The unit has been opened up to give it a bright and airy feel. It features 2 bedrooms, a spacious kitchen with a vaulted ceiling dining area and a large living room. There is also a Fujitsu mini split heating and cooling unit and central vac and some hardwood flooring. The 2nd unit features 2 bedrooms, kitchen, living room and a sunroom that could be used for an office or possible 3rd bedroom. It also has hardwood flooring in most rooms. The home has a full basement with a large work bench area, a walk-up attic and a 2 car garage as well.

Last Agent to Sell the Property

Andrew McAloon

Lamacchia Realty, Inc. Listed on: 02/17/2017

Lamacchia Realty, Inc.

Last Buyer's Agent

Chuha & Scouten Team

Leading Edge Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,226

Year Built

1925

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Private School, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Walk Out
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

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

Utilities

  • Hot Water: Tankless
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:00318 B:00165A L:00094
  • Zoning: RB

Multi Family

  • Cooling Units: 1
  • Foundation: Irreg
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Encina Nicolas
Bought by
Encina Patricia and Encina Nicolas
Current Estimated Value
$720,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Outstanding Balance
$283,393
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$436,965
Source: Public Records

Range of Values:

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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
Encina Patricia -- None Available
Encina Patricia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Encina Patricia $319,000
Closed Encina Patricia $319,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $382,500 -1.9% $174 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $389,900 0.0% $178 / Sq Ft
11/03/2012 11/03/12 Rented $1,100 0.0% --
11/03/2012 11/03/12 For Rent $1,100 -- --
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 $7,226 $683,000 $186,200 $496,800
2024 $6,433 $592,400 $155,200 $437,200
2023 $6,194 $529,400 $155,200 $374,200
2022 $5,651 $433,000 $127,000 $306,000
2021 $5,393 $408,900 $119,900 $289,000
2020 $5,037 $374,800 $119,900 $254,900
2019 $4,917 $346,500 $112,900 $233,600
2018 $4,046 $311,500 $105,800 $205,700
2017 $3,961 $270,400 $105,800 $164,600
2016 $3,624 $244,700 $91,700 $153,000
Source: Public Records

Agents Affiliated with this Home

  • Andrew McAloon

    Seller's Agent in 2017

    Andrew McAloon

    Lamacchia Realty, Inc.

    (978) 973-6068

    2 in this area

    25 Total Sales

    Andrew McAloon
    Section Image

  • M

    Seller's Agent in 2012

    Marygail Ranaldi

    Mary Gail Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72120151

MLS Property Information Network (MLS PIN)

APN: PEAB M:0026 B:0071-B

Massachusetts Essex County Methuen 01844 The West End

523 Lowell St Unit 2, Methuen, MA

This home is located at 523 Lowell St Unit 2, Methuen, MA 01844 since 17 February 2017 and is currently estimated at $720,358, approximately $328 per square foot. This property was built in 1925. 523 Lowell St Unit 2 is a home located in Essex County with nearby schools including Marsh Grammar School, Methuen High School, and The Islamic Academy For Peace.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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