Seller's Agent in 2024
Michelle Fermin
Century 21 North East
(978) 423-6545
32 in this area
1,130 Total Sales
8 Pelham Ave Methuen, MA 01844
Downtown Methuen NeighborhoodEstimated Value: $735,000 - $795,164
4
Beds
2
Baths
2,051
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Corner Lot
- Deck
- Wood Flooring
- Window Unit Cooling System
About This Home
As of March 2024Attention all investors and first-time homeowners! You cannot afford to miss this incredible opportunity! This two-unit building in the Marsh school district is situated on a double lot and has been meticulously cared for with numerous updates. The property boasts a younger roof, fresh paint, a detached garage, newer flooring, updated plumbing, individual meters, and off-street parking. You won't find a better investment opportunity in the area! Don't hesitate to book your showings today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,029
Year Built
- Built in 1900
Lot Details
- 9,879 Sq Ft Lot
- Corner Lot
- Irregular Lot
Parking
- 1 Car Garage
- Off-Street Parking
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,051 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Washer Hookup
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Window Unit Cooling System
- 2 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- 100 Amp Service
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:00612 B:00124 L:00083,2040725
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2020
Closed on
Nov 18, 2020
Sold by
Comeau Nicholas R
Bought by
Ortega Silfredo and Feriguetti Carla A
Seller's Agent
Dan Diodati
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$499,000
Sold Price
$502,000
Premium/Discount to List
$3,000
0.6%
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
$262,041
Avg. Annual Appreciation
8.46%
Original Mortgage
$492,907
Outstanding Balance
$436,611
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$327,430
Purchase Details
Closed on
May 18, 2009
Sold by
Michael Raymond Mem T and Michael Raymond
Bought by
Comeau Nicholas R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,410
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 28, 2007
Sold by
Raymond Michael C
Bought by
Michael C Raymond T C and Michael Raymond
Purchase Details
Closed on
Apr 17, 2002
Sold by
Johnson Cheryl A
Bought by
Raymond Michael C
Purchase Details
Closed on
Nov 26, 1996
Sold by
Bond Thomas W
Bought by
Johnson Cheryl A
Purchase Details
Closed on
Dec 20, 1991
Sold by
Coco Fred J
Bought by
Bond Thomas W
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 |
|---|---|---|---|
| Ortega Silfredo | $502,000 | None Available | |
| Comeau Nicholas R | $233,000 | -- | |
| Comeau Nicholas R | $233,000 | -- | |
| Michael C Raymond T C | -- | -- | |
| Michael C Raymond T C | -- | -- | |
| Raymond Michael C | $229,900 | -- | |
| Raymond Michael C | $229,900 | -- | |
| Johnson Cheryl A | $121,500 | -- | |
| Johnson Cheryl A | $121,500 | -- | |
| Bond Thomas W | $118,000 | -- | |
| Bond Thomas W | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ortega Silfredo | $492,907 | |
| Closed | Ortega Silfredo | $492,907 | |
| Previous Owner | Comeau Nicholas R | $179,410 | |
| Previous Owner | Bond Thomas W | $46,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $700,000 | +9.4% | $341 / Sq Ft | |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- | |
| 02/09/2024 02/09/24 | For Sale | $640,000 | +27.5% | $312 / Sq Ft | |
| 11/18/2020 11/18/20 | Sold | $502,000 | +0.6% | $245 / Sq Ft | View Prior Sale |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- | |
| 09/27/2020 09/27/20 | For Sale | $499,000 | -- | $243 / 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 | $8,262 | $780,900 | $206,800 | $574,100 |
| 2024 | $7,555 | $695,700 | $188,700 | $507,000 |
| 2023 | $7,029 | $600,800 | $167,700 | $433,100 |
| 2022 | $6,384 | $489,200 | $132,800 | $356,400 |
| 2021 | $4,247 | $322,000 | $125,800 | $196,200 |
| 2020 | $4,025 | $299,500 | $125,800 | $173,700 |
| 2019 | $3,948 | $278,200 | $118,800 | $159,400 |
| 2018 | $3,615 | $253,300 | $111,800 | $141,500 |
| 2017 | $3,561 | $243,100 | $111,800 | $131,300 |
| 2016 | $3,260 | $220,100 | $97,800 | $122,300 |
| 2015 | $3,132 | $214,500 | $97,800 | $116,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Fermin
-
Zolgalys Sanchez
Seller Co-Listing Agent in 2024
Zolgalys Sanchez
View Real Estate Group
(978) 259-3737
3 in this area
33 Total Sales
-
Kevin Chiverton
K
Buyer's Agent in 2024
Kevin Chiverton
Cameron Prestige, LLC
(617) 959-3202
3 in this area
38 Total Sales
-
Dan Diodati
Seller's Agent in 2020
Dan Diodati
Berkshire Hathaway HomeServices Verani Realty
(978) 420-9022
3 in this area
54 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73201260
APN: 612-124-83
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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