NOT LISTED FOR SALE

71 Edgewood Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $640,000 - $730,000

4 Beds
2 Baths
2,476 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $405,000 $164 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,337/month

7 Days on Market

About This Home

As of April 2020

Attractively priced two family home in central Methuen listed below assessed value. Owner occupied for over 53 years. This home has updated vinyl siding, a newer roof, central air on the second floor, a two car attached garage and off street parking. Each unit has separate utilities and natural gas is already available inside the house. The interior could benefit from some modernization, but could be occupied as-is if desired. Perfect for both investors or owner occupants. All offers, if any, will be reviewed on Tuesday March 17th at 9 AM.

Last Agent to Sell the Property

Christopher Lefebvre

eXp Realty Listed on: 03/12/2020

eXp Realty

Last Buyer's Agent

Francisco Cruz

Francisco Cruz Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,967

Year Built

  • Built in 1900

Lot Details

  • 10,019

Parking

  • 2 Car Garage

Additional Features

  • Enclosed Patio or Porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00614 B:00134 L:00081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,967

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 153.43
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Main Lo: AC0342
  • Main So: AN5843
  • Estimated Sq Ft: 2476.00

Exterior Features

  • Frontage: 100.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed
  • Foundation: Concrete Block
  • Foundation Size: ~29x46

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling Zones: 1
  • Heat Zones: 2
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Highway Access, Public School

Schools

  • Elementary School: Tenney
  • Middle School: Tenney
  • High School: MHS

Lot Info

  • Assessments: 383400.00
  • Lot: 00081
  • Acre: 0.23
  • Lot Size: 10001.00
  • Page: 294
  • Parcel Number: M:00614 B:00134 L:00081
  • Zoning: RG
  • Lot Description: Paved Drive, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5153.00
  • Assessor Parcel Number: 2040896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 29, 2020
Sold by
Marte C Llc
Bought by
Bido and Pena Rafael
Seller's Agent
Christopher Lefebvre
eXp Realty
Buyer's Agent
Francisco Cruz
Francisco Cruz Real Estate
List Price
$379,900
Sold Price
$405,000
Premium/Discount to List
$25,100
6.61%
Current Estimated Value
$694,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,778
Avg. Annual Appreciation
10.61%
Original Mortgage
$331,200
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 21, 2020
Sold by
Rochette 1 Ft
Bought by
Marte C Llc
Seller's Agent
Christopher Lefebvre
eXp Realty
Buyer's Agent
Francisco Cruz
Francisco Cruz Real Estate
List Price
$379,900
Sold Price
$405,000
Premium/Discount to List
$25,100
6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bido $414,000 None Available
Marte C Llc $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bido-Pena Rafael A $384,000
Closed Bido-Pena Rafael A $331,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $405,000 +6.6% $164 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $379,900 -- $153 / Sq Ft
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 $6,967 $658,500 $196,800 $461,700
2024 $6,373 $586,800 $179,600 $407,200
2023 $6,229 $532,400 $159,600 $372,800
2022 $5,600 $429,100 $126,400 $302,700
2021 $5,366 $406,800 $119,700 $287,100
2020 $5,153 $383,400 $119,700 $263,700
2019 $4,749 $334,700 $113,100 $221,600
2018 $4,422 $309,900 $106,400 $203,500
2017 $4,358 $297,500 $106,400 $191,100
2016 $3,908 $263,900 $93,100 $170,800
2015 $3,739 $256,100 $93,100 $163,000
Source: Public Records

Agents Affiliated with this Home

  • Christopher Lefebvre

    Seller's Agent in 2020

    Christopher Lefebvre

    eXp Realty

    (978) 835-1776

    1 in this area

    25 Total Sales

    Christopher Lefebvre
    Section Image

  • F

    Buyer's Agent in 2020

    Francisco Cruz

    Francisco Cruz Real Estate

    (978) 828-2889

    3 in this area

    50 Total Sales

    Francisco Cruz
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72633065

MLS Property Information Network (MLS PIN)

APN: METH-000614-000134-000081

Massachusetts Essex County Methuen 01844 Downtown Methuen

71 Edgewood Ave, Methuen, MA

This home is located at 71 Edgewood Ave, Methuen, MA 01844 since 12 March 2020 and is currently estimated at $694,778, approximately $280 per square foot. This property was built in 1900. 71 Edgewood Ave is a home located in Essex County with nearby schools including Tenney Grammar School, Methuen High School, and The Islamic Academy For Peace.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes