NOT LISTED FOR SALE

6-8 Grassmere Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $748,000 - $881,000

6 Beds
5 Baths
4,380 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $435,000 $99 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,951/month

76 Days on Market

About This Home

As of February 2018

Owner occupants or investors take notice of this oversized duplex on a dead-end street in a great location, minutes from Rte 93. First unit consists of 3 bedrooms, 3 baths, beautiful 3-season sunroom, and a newly finished family room, office and separate laundry room with sink in the lower level. The second unit consists of 3 bedrooms, 2 full baths with easy access to the washer and dryer in the first floor bathroom and additional living space in the partially finished basement. Sliders from both units lead to separate 1st and 2nd floor decks overlooking the good-sized, private backyard with patio which is also great for entertaining. Owner has replaced both heating systems in 2015 with all new energy efficient boilers, hot water heaters and multi-zone heating! Don't miss the opportunity to come check out this impressive duplex with over 4000 sf of living space. The largest duplex on the market in Methuen.

Last Agent to Sell the Property

Daniel O'Rourke

RE/MAX Andrew Realty Services Listed on: 09/06/2017

RE/MAX Andrew Realty Services

Last Buyer's Agent

Pierre Jean-Louis

Premium Realty & Insurance Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,360

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Shopping, Park, Highway Access
  • Electric: 110 Volts, Circuit Breakers, Individually Metered
  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Basement: Partially Finished
  • Full Bathrooms: 5
  • Total Levels: 4
  • Main Lo: AC2354
  • Main So: AN2626
  • Estimated Sq Ft: 4380.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Deck - Wood, Patio, Balcony, Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, On Street Permit
  • Parking Spaces: 3

Utilities

  • Heat Zones: 7
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Tenney
  • Middle School: Tenney
  • High School: Methuen High

Lot Info

  • Assessor Parcel Number: M:00618 B:00159A L:00049
  • Zoning: RG
  • Acre: 0.13
  • Lot Size: 5810.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Floors: 2
  • Total Full Baths: 5
  • Total Levels: 2
  • Total Rms: 16
  • Total Rent_1: 3200
  • Multi Family Type: 2 Family - 2 Units Side By Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Feb 6, 2018
Sold by
Villeneuve Daniel
Bought by
Fidele-Benjamin Chedeline and Fidele-Benjamin Excellent B
Seller's Agent
Daniel O'Rourke
RE/MAX Andrew Realty Services
Buyer's Agent
Pierre Jean-Louis
Premium Realty & Insurance Services
List Price
$439,900
Sold Price
$435,000
Premium/Discount to List
-$4,900
-1.11%
Current Estimated Value
$802,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,314
Avg. Annual Appreciation
8.32%
Original Mortgage
$427,121
Outstanding Balance
$361,278
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$441,036

Purchase Details

Listed on
Sep 6, 2017
Closed on
Dec 21, 2017
Sold by
Villeneuve Joachim
Bought by
Villeneuve Daniel
Seller's Agent
Daniel O'Rourke
RE/MAX Andrew Realty Services
Buyer's Agent
Pierre Jean-Louis
Premium Realty & Insurance Services
List Price
$439,900
Sold Price
$435,000
Premium/Discount to List
-$4,900
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,121
Outstanding Balance
$361,278
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$441,036

Purchase Details

Closed on
May 5, 2006
Sold by
Muita Susan
Bought by
Villeneuve Daniel and Villeneuve Joachim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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
Fidele-Benjamin Chedeline $435,000 --
Excellent Fidele-Benjamin Chedeline $435,000 --
Fidele-Benjamin Chedeline $435,000 --
Villeneuve Daniel -- --
Villeneuve Daniel -- --
Villeneuve Daniel -- --
Villeneuve Daniel $395,000 --
Villeneuve Daniel $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fidele-Benjamin Chedeline $427,121
Closed Fidele-Benjamin Chedeline $427,121
Previous Owner Villeneuve Daniel $316,000
Previous Owner Villeneuve Daniel $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $435,000 -1.1% $99 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $439,900 0.0% $100 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $439,900 -2.2% $100 / Sq Ft
09/06/2017 09/06/17 For Sale $449,900 -- $103 / 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 $8,360 $790,200 $194,800 $595,400
2024 $7,632 $702,800 $177,700 $525,100
2023 $7,094 $606,300 $157,900 $448,400
2022 $6,278 $481,100 $125,000 $356,100
2021 $5,995 $454,500 $118,500 $336,000
2020 $5,568 $414,300 $118,500 $295,800
2019 $5,340 $376,300 $111,900 $264,400
2018 $4,798 $338,600 $105,300 $233,300
2017 $4,704 $321,100 $105,300 $215,800
2016 $4,330 $292,400 $92,100 $200,300
2015 $4,127 $282,700 $92,100 $190,600
Source: Public Records

Agents Affiliated with this Home

  • Daniel O'Rourke

    Seller's Agent in 2018

    Daniel O'Rourke

    RE/MAX

    (617) 875-1856

    35 Total Sales

    Daniel O'Rourke
    Section Image
  • Pierre Jean-Louis

    Buyer's Agent in 2018

    Pierre Jean-Louis

    Premium Realty & Insurance Services

    (781) 244-0817

    2 in this area

    53 Total Sales

    Pierre Jean-Louis
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72224021

MLS Property Information Network (MLS PIN)

APN: METH-000618-000159-A000049

Massachusetts Essex County Methuen 01844 Downtown Methuen

6-8 Grassmere Ave, Methuen, MA

This home is located at 6-8 Grassmere Ave, Methuen, MA 01844 since 06 September 2017 and is currently estimated at $802,314, approximately $183 per square foot. This property was built in 1915. 6-8 Grassmere Ave is a home located in Essex County with nearby schools including Tenney Grammar School, Methuen High School, and Lawrence Family Development Charter School.

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