Seller's Agent in 2021
Rick Coco
The Carroll Team
(978) 852-2875
10 in this area
75 Total Sales
69 Tower St Methuen, MA 01844
The East End NeighborhoodEstimated Value: $724,819 - $870,000
4
Beds
2.5
Baths
2,484
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit and schools
- 2 Fireplaces
- Medical Services
- Wood Flooring
- Enclosed Patio or Porch
About This Home
As of November 2021This is a perfect property for an owner/occupant, but it could also make a great investment property as well, as it is located in a neighborhood of mostly single-family, owner-occupied homes! The first floor apartment has just been renovated and features a new kitchen with quality cabinetry, granite counters, new S/S appliances and newly installed laminate flooring. All the wood flooring has just been refinished too! Bathroom has been updated as well. Most ceilings are new. All the walls have been freshly painted. Each unit has a fireplace (they have not been used by tenants in years), a heated sunroom, double-glazed replacement windows, and an enclosed back porch. Second floor tenant, who uses the sunroom as a 3rd bedroom, will be leaving by mid-September, so property can be delivered vacant! The half bath on the 1st floor has been there for years (not sure when it was installed). Years ago there was a fire in the attic prior to seller purchasing the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,457
Year Built
- Built in 1900 | Remodeled
Lot Details
- 4,792 Sq Ft Lot
- Gentle Sloping Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,484 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Burning Fireplace
- Insulated Windows
- Window Screens
- Storm Doors
- Washer and Gas Dryer Hookup
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- No Cooling
- 2 Heating Zones
- Heating Available
- Separate Meters
- 220 Volts
- 110 Volts
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Enclosed Patio or Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $1,200
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 2043853
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Park
Additional Features
- 2 Units
- Net Operating Income $14,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2021
Closed on
Nov 10, 2021
Sold by
Coco Richard A
Bought by
Serrano Franklin and Serrano-Acevedo Adelyn
Seller's Agent
Rick Coco
RE/MAX Partners
Buyer's Agent
Jonathan Delarosa
Keller Williams Realty
List Price
$549,900
Sold Price
$620,000
Premium/Discount to List
$70,100
12.75%
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
$123,090
Avg. Annual Appreciation
5.53%
Original Mortgage
$608,770
Outstanding Balance
$555,644
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$220,061
Purchase Details
Closed on
Aug 1, 1985
Bought by
Coco Richard
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serrano Franklin | $620,000 | None Available | |
| Coco Richard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Serrano Franklin | $608,770 | |
| Closed | Serrano Franklin | $608,770 | |
| Previous Owner | Coco Richard | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2021 11/10/21 | Sold | $620,000 | +12.7% | $250 / Sq Ft |
| 08/24/2021 08/24/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | For Sale | $549,900 | -- | $221 / 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 | $6,885 | $650,800 | $188,500 | $462,300 |
| 2024 | $6,265 | $576,900 | $169,000 | $407,900 |
| 2023 | $6,109 | $522,100 | $149,500 | $372,600 |
| 2022 | $5,400 | $413,800 | $117,000 | $296,800 |
| 2021 | $5,168 | $391,800 | $110,500 | $281,300 |
| 2020 | $4,864 | $361,900 | $104,000 | $257,900 |
| 2019 | $4,457 | $314,100 | $97,500 | $216,600 |
| 2018 | $4,217 | $295,500 | $97,500 | $198,000 |
| 2017 | $4,052 | $276,600 | $91,000 | $185,600 |
| 2016 | $3,700 | $249,800 | $84,500 | $165,300 |
| 2015 | $3,326 | $227,800 | $70,200 | $157,600 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Coco
-
Jonathan Delarosa
Buyer's Agent in 2021
Jonathan Delarosa
Keller Williams Realty
(978) 390-5526
5 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72884053
APN: 714-36-7
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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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