NOT LISTED FOR SALE

61 Mystic St Unit 7 Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $241,000 - $289,515

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. 4% increase in value since last sale

Current estimated payment $1,919/month

Highlights

  • No Units Above
  • Corner Lot
  • Window Unit Cooling System
  • Property is near public transit
  • Intercom
  • Park

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

Lot Details

  • Near Conservation Area
  • No Units Above

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Garden Home
  • 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

Location

  • Property is near public transit

Utilities

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

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

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: 2%
  • Buyer Agency Type: %
  • Entry Level: 1
  • Sub Agent Compensation: 2%
  • Sub Agency Type: %
  • Transaction Broker: 2%
  • 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
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 661
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: G56700
  • LIST PRICE PER Sq Ft: 362.93
  • PRICE PER Sq Ft: 378.21
  • 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
  • UNIT BUILDING: 7
  • 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
  • PAGE: 288
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1992.74
  • Tax Book Number: 15416

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
Total Days on Market
0
Current Estimated Value
$258,879

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

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Range of Values:

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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
Open Barcelos Roberto $100,000
Previous Owner Neumann Barbara R $23,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

    10 in this area

    39 Total Sales

    Robert Palmisano
    Section Image
  • Bob Barcelos

    Buyer's Agent in 2024

    Bob Barcelos

    Century 21 McLennan & Company

    8 in this area

    75 Total Sales

    Bob Barcelos
    Section Image
See All Agents

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

This home is located at 61 Mystic St Unit 7, Methuen, MA 01844 since 23 January 2024 and is currently estimated at $258,879, approximately $391 per square foot. This property was built in 1970. 61 Mystic St Unit 7 is a home located in Essex County with nearby schools including Tenney Grammar School, Methuen High School, and The Islamic Academy For Peace.

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