Nicole Bettano
Real Broker MA, LLC
(781) 755-3931
69 Total Sales
1 in Amesbury
$640,000 Price
61 Market St Amesbury, MA 01913
Amesbury AreaEstimated Value: $672,000 - $932,000
7
Beds
3
Baths
2,472
Sq Ft
$327/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Jogging Path
- Shops
- 2 Fireplaces
- Park
- 3-minute walk to Amesbury Millyard Park
About This Home
As of March 2023Fantastic in-town location; just a couple blocks from all the action of downtown Amesbury bars, restaurants, shops, cafes and more. Rarely available, 3 unit w/ loads of charm & character featuring an updated 3 bed/1 bath potential owners unit w granite counter-tops, stainless-steel appliances, washer/dryer, wide-pine floors, architectural glass front door and parking for 1-2 cars. Private backyard oasis/patio for entertaining or just a place to chill and relax. Unit 2 & Unit 3 are small and easy to manage 2 bed,1 bath units. Current rents are below market. Perfect opportunity for buyer to make a some cosmetic improvements and live in one unit while collecting rent from the other units. All units have separate electric. CURRENT Rent Roll = $64,800; CURRENT Operating Expenses = @ $16,000; Net Operating Income $48,800 - Represents a 7% Cap Rate. Projected Income should be closer to $75,000 with some cosmetic improvements. Opportunity to Airbnb or Condo Convert as well with city approval.
Last Agent to Sell the Property
Steve Martin
Aluxety Listed on: 02/07/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,512
Year Built
- Built in 1750
Lot Details
- 2,840
Home Design
- Brick Foundation
- Block Foundation
- Stone Foundation
Interior Spaces
- 2,472 Sq Ft Home
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 1 Car Parking Space
- Driveway
- Open Parking
Additional Features
- 2,840 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $5,400
- Assessor Parcel Number M:40 B:0142,3666057
Community Details
Overview
- 3 Units
- Property has 3 Levels
Amenities
- Shops
Recreation
- Park
- Jogging Path
Building Details
- Insurance Expense $2,500
- Water Sewer Expense $1,800
- Operating Expense $15,900
- Net Operating Income $48,900
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2023
Closed on
Mar 16, 2023
Sold by
Marc-Aurele Jeffrey
Bought by
Seller's Agent
Steve Martin
Aluxety
Buyer's Agent
Leshia Crestin
eXp Realty LLC - Corporate Office
List Price
$675,000
Sold Price
$703,000
Premium/Discount to List
$28,000
4.15%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,680
Avg. Annual Appreciation
4.07%
Original Mortgage
$500,000
Outstanding Balance
$478,959
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,721
Purchase Details
Closed on
Dec 29, 2021
Sold by
Yeaton Janice
Bought by
Marc-Aurele Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,643
Interest Rate
3.11%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 10, 2020
Sold by
Colby Alexander J
Bought by
Yeaton Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 20, 2017
Closed on
Oct 27, 2017
Sold by
Bell Carolyn and Bell James
Bought by
Colby Alecander
Seller's Agent
Steve Martin
Aluxety
Buyer's Agent
Steve Martin
Aluxety
List Price
$379,000
Sold Price
$379,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$366,350
Interest Rate
3.78%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 4, 2015
Sold by
Underation Christopher and Underation Cjristine S
Bought by
Bell James and Bell Carolyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,672
Interest Rate
3.84%
Mortgage Type
VA
Purchase Details
Closed on
Jun 27, 2000
Sold by
Soto-Bell Carolyn
Bought by
Underation Christopher and Underation Christine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.28%
Purchase Details
Closed on
Aug 28, 1998
Sold by
Rodan Mark
Bought by
Soto Carolyn
Purchase Details
Closed on
Jul 7, 1988
Sold by
Rodan Patricia A
Bought by
Rodan Mark C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Amesbury, MA
-
Nicole Bettano
-
Linda McKeehan
Linda McKeehan
Seas the Day Realty
(781) 694-6596
20 Total Sales
2 in Amesbury
$515K - $700K Price Range
-
Magdiel Matias
Magdiel Matias
Matias Realty, LLC
(351) 207-3297
41 Total Sales
2 in Amesbury
$600K - $1M Price Range
-
Jamie Frontiero
Jamie Frontiero
William Raveis Real Estate
(207) 994-8142
93 Total Sales
8 in Amesbury
$355K - $1.1M Price Range
-
Karol Flannery
Karol Flannery
RE/MAX Bentley's
(978) 518-3106
37 Total Sales
3 in Amesbury
$445K - $925K Price Range
-
Kimberley Tufts
Kimberley Tufts
EXP Realty
(855) 714-1765
227 Total Sales
1 in Amesbury
$809,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $703,000 | None Available | ||
| Marc-Aurele Jeffrey | $550,000 | None Available | |
| Yeaton Janice | $450,000 | None Available | |
| Colby Alecander | $379,000 | -- | |
| Bell James | $235,000 | -- | |
| Underation Christopher | $199,900 | -- | |
| Soto Carolyn | $125,000 | -- | |
| Rodan Mark C | $160,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $500,000 | |
| Previous Owner | -- | $531,643 | |
| Previous Owner | -- | $337,500 | |
| Previous Owner | Colby Alexander J | $368,000 | |
| Previous Owner | -- | $366,350 | |
| Previous Owner | Bell James | $50,000 | |
| Previous Owner | -- | $214,672 | |
| Previous Owner | Underation Christine S | $200,000 | |
| Previous Owner | Underation Christine S | $166,000 | |
| Previous Owner | Underation Christine S | $17,000 | |
| Previous Owner | Underation C A | $175,000 | |
| Previous Owner | Underation Chris A | $175,000 | |
| Previous Owner | Soto Carolyn | $159,300 | |
| Previous Owner | Rodan Mark C | $148,304 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2023 03/16/23 | Sold | $703,000 | +4.1% | $284 / Sq Ft | |
| 02/11/2023 02/11/23 | Pending | -- | -- | -- | |
| 02/07/2023 02/07/23 | For Sale | $675,000 | +78.1% | $273 / Sq Ft | |
| 10/27/2017 10/27/17 | Sold | $379,000 | 0.0% | $153 / Sq Ft | View Prior Sale |
| 09/21/2017 09/21/17 | Pending | -- | -- | -- | |
| 09/20/2017 09/20/17 | For Sale | $379,000 | -- | $153 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,655 | $565,700 | $181,100 | $384,600 |
| 2024 | $8,494 | $543,100 | $170,800 | $372,300 |
| 2023 | $8,512 | $520,900 | $148,600 | $372,300 |
| 2022 | $7,738 | $437,400 | $129,200 | $308,200 |
| 2021 | $7,519 | $412,000 | $99,800 | $312,200 |
| 2020 | $6,391 | $372,000 | $95,900 | $276,100 |
| 2019 | $5,845 | $318,200 | $95,900 | $222,300 |
| 2018 | $5,465 | $287,800 | $91,400 | $196,400 |
| 2017 | $5,742 | $287,800 | $91,400 | $196,400 |
| 2016 | $5,709 | $281,500 | $91,400 | $190,100 |
| 2015 | $5,782 | $281,500 | $91,400 | $190,100 |
| 2014 | $5,903 | $281,500 | $91,400 | $190,100 |
Source: Public Records
Agents Affiliated with this Home
-
SM
Seller's Agent in 2023
Steve Martin
Aluxety
-
Leshia Crestin
LC
Buyer's Agent in 2023
Leshia Crestin
eXp Realty LLC - Corporate Office
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73076886
APN: AMES-000040-000000-000142
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.
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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