NOT LISTED FOR SALE

Estimated Value: $672,000 - $932,000

7 Beds
3 Baths
2,472 Sq Ft
$327/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2023

Last sale price $703,000 $284 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,178 / mo

3 Days on Market

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 2023

Fantastic 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

Last Buyer's Agent

Leshia Crestin

eXp Realty LLC - Corporate Office

eXp Realty LLC - Corporate Office

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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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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,512

Year Built

Built in 1750

Lot Details

2,840 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1750
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2472
  • Stories Total: 5
  • MAIN LO: AN1532
  • MAIN SO: AN4851

Exterior Features

  • Foundation Details: Block, Stone, Brick/Mortar
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Parcel Number: M:40 B:0142,3666057
  • Zoning: CB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 2840
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8512

Multi Family

  • Insurance Expense: 2500
  • Net Operating Income: 48900
  • Number Of Units Total: 3
  • Operating Expense: 15900
  • Total Actual Rent: 5400
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 1

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
$807,680

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Amesbury, MA

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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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73076886

MLS Property Information Network (MLS PIN)

APN: AMES-000040-000000-000142

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