NOT LISTED FOR SALE

61 Mystic St Unit 7 Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $238,000 - $303,866

2 Beds
1 Bath
661 Sq Ft
$321/mo HOA Fee

Last Sold February 16, 2024

Last sale price $250,000 $378 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,873/month

Highlights

  • No Units Above
  • Property is near public transit
  • Intercom
  • Mendota Elementary School Rated A
  • Corner Lot
  • Window Unit Cooling System

About This Home

As of February 2024

1st floor 2 bedrooms, and ceramic tile floors throughout, Convenient to shopping, restaurants, and highways. Owner will consider selling up to 4 units (3- 2 bedrooms and one 1 bedroom) in the community package price $950,000. Gross annual rent approximately $75,000. The unit is currently occupied, but can be delivered vacant.

Last Agent to Sell the Property

Robert Palmisano

Properties Unlimited Listed on: 01/23/2024

Last Buyer's Agent

Bob Barcelos

Century 21 McLennan & Company

Century 21 McLennan & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1970

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 661 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Intercom
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Hot Water Heating System

Additional Features

  • No Units Above
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2038899

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 72 Units
  • Low-Rise Condominium
  • Near Conservation Area

Amenities

  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,993

Year Built

Built in 1970

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Low-Rise
  • Year Built: 1970
  • Buyer Agency Type: %
  • Entry Level: 1
  • Sub Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Fireplace YN: No
  • Appliances: Range,Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 661
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: G56700
  • MAIN SO: G46000

Exterior Features

  • Common Walls: No One Above, Corner
  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Park, Conservation Area, Highway Access
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 2038899
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1992.74

Multi Family

  • Number Of Units Total: 72
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2017
Sold by
Neumann Barbara R Est and Hance
Bought by
Robert J Palmisano Ret and Palmisano
Current Estimated Value
$268,467

Purchase Details

Closed on
Jun 16, 1998
Sold by
Starter Realty Manage
Bought by
Neumann Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Robert J Palmisano Ret $98,000 --
Neumann Barbara R $29,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neumann Barbara R $23,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $250,000 +4.2% $378 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $239,900 0.0% $363 / Sq Ft
12/16/2017 12/16/17 Rented $1,295 0.0% --
12/06/2017 12/06/17 Under Contract -- -- --
11/28/2017 11/28/17 For Rent $1,295 -- --
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 $1,728 $163,300 $0 $163,300
2024 $1,377 $126,800 $0 $126,800
2023 $1,430 $122,200 $0 $122,200
2022 $1,646 $126,100 $0 $126,100
2021 $1,581 $119,900 $0 $119,900
2020 $1,387 $103,200 $0 $103,200
2019 $1,239 $87,300 $0 $87,300
2018 $1,226 $85,900 $0 $85,900
2017 $980 $66,900 $0 $66,900
2016 $850 $57,400 $0 $57,400
2015 $583 $39,900 $0 $39,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Palmisano

    Properties Unlimited

    (978) 815-0941

    9 in this area

    35 Total Sales

    Robert Palmisano
    Section Image
  • Bob Barcelos

    Buyer's Agent in 2024

    Bob Barcelos

    Century 21 McLennan & Company

    8 in this area

    69 Total Sales

    Bob Barcelos
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73195828

MLS Property Information Network (MLS PIN)

APN: METH-000512-000134-006107

Massachusetts Essex County Methuen 01844 Downtown Methuen

61 Mystic St Unit 7, Methuen, MA

Not Listed for Sale

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