NOT LISTED FOR SALE

531 Prospect St Unit 533 Methuen, MA 01844

The East End Neighborhood

Estimated Value: $846,362 - $915,000

5 Beds
2 Baths
3,739 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $211,000 $56 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $5,357/month

16 Days on Market

About This Home

As of August 2014

Cash buyers only. Property being sold as is condition, seller is responsible to clean out garage, basement and debris from property. Needs extensive updating of kitchens, baths, and electric. Most rooms have hardwood floors that need to be refinished, and heated sunrooms in each unit. Property being sold as is condition seller makes no warranties or guarantees, use due diligence A diamond in the rough with potential to shine!

Last Agent to Sell the Property

Lynne Farrington

RE/MAX Innovative Properties Listed on: 07/29/2014

RE/MAX Innovative Properties

Last Buyer's Agent

Eddy Guzman

Lawrence Real Estate Company

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,484

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 14

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Rosario-Alejo Yanelly R
Bought by
Smith Harry A
Current Estimated Value
$877,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,709
Outstanding Balance
$4,235
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$799,322

Purchase Details

Closed on
Nov 20, 2015
Sold by
E & G Rt
Bought by
Alejo Yanelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 29, 2014
Closed on
Aug 14, 2014
Sold by
Ciofolo Triestina
Bought by
E & G Rt
Seller's Agent
Lynne Farrington
RE/MAX Innovative Properties
Buyer's Agent
Eddy Guzman
Lawrence Real Estate Company
List Price
$225,000
Sold Price
$211,000
Premium/Discount to List
-$14,000
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
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
Smith Harry A $560,000 None Available
Alejo Yanelly R $350,000 --
E & G Rt $211,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Harry A $543,200
Closed Smith Harry A $543,200
Previous Owner Alejo Yanelly R $343,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $211,000 -6.2% $56 / Sq Ft
07/29/2014 07/29/14 For Sale $225,000 -- $60 / 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 $8,484 $801,900 $202,800 $599,100
2024 $7,683 $707,500 $177,300 $530,200
2023 $7,473 $638,700 $156,000 $482,700
2022 $6,808 $521,700 $127,600 $394,100
2021 $6,529 $495,000 $120,500 $374,500
2020 $6,255 $465,400 $120,500 $344,900
2019 $5,697 $401,500 $113,400 $288,100
2018 $5,167 $362,100 $106,400 $255,700
2017 $5,075 $346,400 $106,400 $240,000
2016 $4,153 $280,400 $99,300 $181,100
2015 $3,920 $268,500 $95,800 $172,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71720755

MLS Property Information Network (MLS PIN)

APN: METH-000814-000083-000004