NOT LISTED FOR SALE

56 Ayer St Methuen, MA 01844

The East End Neighborhood

Estimated Value: $565,000 - $669,000

5 Beds
2 Baths
2,132 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $277,000 $130 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,793/month

37 Days on Market

About This Home

As of May 2016

GREAT INVESTMENT OPPORTUNITY OR OWNER OCCUPANCY WITH INCOME! Two family home has vinyl siding, detach two car garage and "separate utilities. This desirable multi family is located among many single family homes and is conveniently accessible to major highways and the Loop shopping plaza. First floor unit features kitchen, living room, dining room and three bedrooms. Second floor unit has large eat in kitchen, two bedrooms plus a bonus enclosed back porch. Gas heating,hot water and cooking. Many updates include heating systems, hot water tanks and replacement vinyl windows. Large 10,000 sq ft corner lot is a great asset. First floor unit will be vacant. Tenants are currently TAW. HOME NEEDS SOME TLC BUT WELL WORTH IT.

Last Agent to Sell the Property

Julia Bonavita

Apex Realty Group, LLC Listed on: 02/27/2016

Last Buyer's Agent

J Zanni

Buyers Only LLC

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Shopping, Highway Access
  • Basement: Walk Out, Sump Pump, Concrete Floor
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RD

Multi Family

  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2016
Closed on
May 17, 2016
Sold by
Merrill Gregory J
Bought by
Pesce Vincenzo and Zanni Jana
Seller's Agent
Julia Bonavita
Apex Realty Group, LLC
Buyer's Agent
J Zanni
Buyers Only LLC
List Price
$289,900
Sold Price
$277,000
Premium/Discount to List
-$12,900
-4.45%
Current Estimated Value
$625,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,424
Avg. Annual Appreciation
8.82%
Original Mortgage
$193,900
Outstanding Balance
$153,776
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$471,648

Purchase Details

Closed on
Jul 2, 2001
Sold by
Farkhondeh Manouchehr and Maneshipour Jaleh
Bought by
Merrill Gregory J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pesce Vincenzo $277,000 --
Merrill Gregory J $229,900 --
Merrill Gregory J $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesce Vincenzo $193,900
Closed Pesce Vincenzo $193,900
Previous Owner Merrill Gregory J $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $277,000 -4.4% $130 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $289,900 0.0% $136 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $289,900 -- $136 / 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 $6,280 $593,600 $207,200 $386,400
2024 $5,786 $532,800 $189,000 $343,800
2023 $5,629 $481,100 $168,000 $313,100
2022 $5,191 $397,800 $140,000 $257,800
2021 $4,992 $378,500 $133,000 $245,500
2020 $4,840 $360,100 $133,000 $227,100
2019 $4,392 $309,500 $119,000 $190,500
2018 $4,220 $295,700 $119,000 $176,700
2017 $4,446 $303,500 $119,000 $184,500
2016 $4,126 $278,600 $112,000 $166,600
2015 $3,967 $271,700 $112,000 $159,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Julia Bonavita

    Apex Realty Group, LLC

    (781) 706-0958

    1 in this area

    48 Total Sales

    Julia Bonavita
    Section Image

  • J

    Buyer's Agent in 2016

    J Zanni

    Buyers Only LLC

    (978) 852-7255

    3 in this area

    19 Total Sales

    J Zanni
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71964020

MLS Property Information Network (MLS PIN)

APN: 1113-109W-7

Massachusetts Essex County Methuen 01844 The East End

56 Ayer St, Methuen, MA

Not Listed for Sale

MultiFamily

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.

Nearby Homes