Seller's Agent in 2022
Michelle Fermin
Century 21 North East
(978) 423-6545
33 in this area
1,133 Total Sales
68 Pelham St Methuen, MA 01844
Downtown Methuen NeighborhoodEstimated Value: $782,000 - $910,000
8
Beds
3
Baths
3,769
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- 1 Fireplace
- Deck
- Wood Flooring
- Corner Lot
About This Home
As of December 2022***MULTIPLE OFFERS HIGHEST AND BEST BY MONDAY SEP 12TH; AT 5PM***Why rent when you can own? Welcome to this large two-family home. The first floor features a living room, eat-in kitchen (with pantry), a full bathroom, and bonus bedrooms for extra income potential. The second floor features an eat-in kitchen/dining room, living room; full bathroom; washer and dryer hookups; an expandable walk-up attic; and a walk-around deck! This property is a must-see! One like this does not often appear in the Methuen West area! Located just minutes from I 93/ Route 213, sales tax-free NH, close to downtown, the rail trail, and the Marsh School/Methuen High School.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,037
Year Built
- Built in 1900
Lot Details
- 8,599 Sq Ft Lot
- Corner Lot
- Irregular Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,769 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Marsh Elementary School
- Methuen High School
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water)
- Assessor Parcel Number M:00614 B:00133 L:00008,2040819
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2022
Closed on
Dec 9, 2022
Sold by
Musumarra John J and Musumarra Jessica
Bought by
Duran Edwin and Duran Guillermina
Seller's Agent
Michelle Fermin
Century 21 North East
Buyer's Agent
Cookie Melanson
Century 21 North East
List Price
$679,900
Sold Price
$675,000
Premium/Discount to List
-$4,900
-0.72%
Views
52
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
$158,899
Avg. Annual Appreciation
7.43%
Original Mortgage
$652,471
Outstanding Balance
$626,580
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$207,319
Purchase Details
Closed on
Mar 14, 2013
Sold by
Musumarra John J
Bought by
Musumarra John and Musumarra Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 1997
Sold by
Annaamae Family Rt
Bought by
Musumarra John J
Purchase Details
Closed on
Dec 23, 1996
Sold by
Cerullo Fritz J
Bought by
Musumarra John J
Purchase Details
Closed on
Aug 15, 1988
Sold by
Soule Virginia H
Bought by
Lehane Jeremiah J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duran Edwin | $675,000 | None Available | |
| Musumarra John | -- | -- | |
| Musumarra John | -- | -- | |
| Musumarra John J | $125,000 | -- | |
| Musumarra John J | $125,000 | -- | |
| Musumarra John J | $120,000 | -- | |
| Musumarra John J | $120,000 | -- | |
| Lehane Jeremiah J | $90,483 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duran Edwin | $652,471 | |
| Closed | Duran Edwin | $652,471 | |
| Previous Owner | Lehane Jeremiah J | $158,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $675,000 | -0.7% | $179 / Sq Ft |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | For Sale | $679,900 | +0.7% | $180 / Sq Ft |
| 08/18/2022 08/18/22 | Off Market | $675,000 | -- | -- |
| 08/18/2022 08/18/22 | For Sale | $679,900 | -- | $180 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,856 | $742,500 | $181,100 | $561,400 |
| 2024 | $7,007 | $645,200 | $150,900 | $494,300 |
| 2023 | $6,731 | $575,300 | $150,900 | $424,400 |
| 2022 | $6,037 | $462,600 | $123,500 | $339,100 |
| 2021 | $5,759 | $436,600 | $116,600 | $320,000 |
| 2020 | $5,352 | $398,200 | $116,600 | $281,600 |
| 2019 | $5,433 | $382,900 | $109,800 | $273,100 |
| 2018 | $4,907 | $343,900 | $102,900 | $241,000 |
| 2017 | $4,772 | $325,700 | $102,900 | $222,800 |
| 2016 | $4,382 | $295,900 | $89,200 | $206,700 |
| 2015 | $4,173 | $285,800 | $89,200 | $196,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Fermin
-
Zolgalys Sanchez
Seller Co-Listing Agent in 2022
Zolgalys Sanchez
View Real Estate Group
(978) 259-3737
3 in this area
32 Total Sales
-
Cookie Melanson
Buyer's Agent in 2022
Cookie Melanson
Century 21 North East
(978) 375-4199
1 in this area
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73027206
APN: METH-000614-000133-000008
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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