NOT LISTED FOR SALE

587 Lowell St Methuen, MA 01844

The West End Neighborhood

Estimated Value: $503,000 - $564,000

3 Beds
1 Bath
1,650 Sq Ft
$324/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $225,000 $136 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,225/month

11 Days on Market

About This Home

As of March 2017

Wonderful opportunity for home ownership in West Methuen close to commuting routes and sited on a corner lot abutting a neighborhood side street. Spacious ranch with much to offer - plus additional partially finished area in basement. Large open kitchen/dining area with an ample number of cabinets and working and eating space. Off the kitchen is a three season sunroom or breakfast room which is unheated but could easily be heated. All bedrooms are large. This home is waiting for a new owner to roll up their sleeves to gain some immediate sweat equity and increase in their investment. Excellent potential! Excellent location about a mile to Route 93

Last Agent to Sell the Property

Stephanie Martin

ERA Key Realty Services Listed on: 01/22/2017

ERA Key Realty Services

Last Buyer's Agent

Lynn D'Avolio

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

Single Family

Year Built

1967

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Property Type: Single Family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Appliances: Range, Dishwasher
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Highway Access
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Tile, Wall to Wall Carpet, Laminate, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full, Partially Finished, Interior Access, Concrete Floor
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Hardwood
  • Oth1 Room Name: Sun Room

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl, Brick
  • Exterior Features: Porch - Enclosed, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached, Garage Door Opener
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: RB

Multi Family

  • Foundation: 24x50+/-

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2017
Closed on
Mar 29, 2017
Sold by
Mchugh Dennis E
Bought by
Saboul Abdallah
Seller's Agent
Stephanie Martin
ERA Key Realty Services
Buyer's Agent
Lynn D'Avolio
Coldwell Banker Realty - Lynnfield
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Current Estimated Value
$534,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,049
Avg. Annual Appreciation
10.07%
Original Mortgage
$218,250
Outstanding Balance
$180,449
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$353,600

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 17, 2012
Sold by
Morris Paul
Bought by
Morris Paul and Perez Andrea
Seller's Agent
Maureen Hunte
The Hunte Group REALTORS®
Buyer's Agent
Scott Strang
Scott Gregory Group
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$153,225
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 13, 2012
Sold by
Department Of Housing & Urban Dev
Bought by
Morris Paul
Seller's Agent
Maureen Hunte
The Hunte Group REALTORS®
Buyer's Agent
Scott Strang
Scott Gregory Group
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,225
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Phh Mortgage Corp
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Oct 19, 2011
Sold by
Shaikh Suhel M and Phh Mortgage Corp
Bought by
Phh Mortgage Corp

Purchase Details

Closed on
Dec 15, 2008
Sold by
Barraco Paul and Barraco Nathan
Bought by
Shaikh Suhel M

Purchase Details

Closed on
May 3, 2006
Sold by
Pagliuca Vita
Bought by
Barraco Nathan and Barraco Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saboul Abdallah $225,000 --
Morris Paul -- --
Morris Paul -- --
Morris Paul $150,000 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Phh Mortgage Corp $227,129 --
Phh Mortgage Corp $227,129 --
Shaikh Suhel M $199,000 --
Shaikh Suhel M $199,000 --
Barraco Nathan -- --
Barraco Nathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saboul Abdallah $218,250
Closed Saboul Abdallah $218,250
Previous Owner Barraco Nathan $153,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2017 03/29/17 Sold $225,000 -6.3% $136 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $240,000 +60.0% $145 / Sq Ft
02/13/2012 02/13/12 Sold $150,000 +3.4% $91 / Sq Ft View Prior Sale
12/23/2011 12/23/11 Pending -- -- --
12/08/2011 12/08/11 For Sale $145,000 0.0% $88 / Sq Ft
12/06/2011 12/06/11 Pending -- -- --
11/28/2011 11/28/11 For Sale $145,000 -- $88 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,446 $420,200 $184,800 $235,400
2024 $4,230 $389,500 $154,000 $235,500
2023 $4,213 $360,100 $154,000 $206,100
2022 $4,017 $307,800 $126,000 $181,800
2021 $3,759 $285,000 $119,000 $166,000
2020 $3,748 $278,900 $119,000 $159,900
2019 $3,661 $258,000 $112,000 $146,000
2018 $3,475 $243,500 $105,000 $138,500
2017 $3,365 $229,700 $105,000 $124,700
2016 $3,101 $209,400 $91,000 $118,400
2015 $3,002 $205,600 $91,000 $114,600
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Martin

    Seller's Agent in 2017

    Stephanie Martin

    ERA Key Realty Services

    (978) 807-2854

    33 Total Sales

    Stephanie Martin
    Section Image
  • Lynn D'Avolio

    Buyer's Agent in 2017

    Lynn D'Avolio

    Coldwell Banker Realty - Lynnfield

    (801) 597-2857

    6 Total Sales

    Lynn D'Avolio
    Section Image

  • M

    Seller's Agent in 2012

    Maureen Hunte

    The Hunte Group REALTORS®

    Section Image

  • S

    Buyer's Agent in 2012

    Scott Strang

    Scott Gregory Group

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72111245

MLS Property Information Network (MLS PIN)

APN: METH-000318-000165-A000076

Massachusetts Essex County Methuen 01844 The West End

587 Lowell St, Methuen, MA

Not Listed for Sale

Detached

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