NOT LISTED FOR SALE

85 Elm St Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $592,000 - $670,000

4 Beds
3 Baths
2,148 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $304,000 $142 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,684/month

42 Days on Market

About This Home

As of April 2015

Large and inviting 4 bedroom Cape in very good condition offering updated kitchen and baths (first floor), dining room, living room with fireplace and two large bedrooms on the second floor. Also features an enormous finished family room in the basement with a full bathroom, updated 200 amp electrical service, fenced-in yard, above ground pool and a 2 car garage all with easy access to US 93 and Routes 110 & 113.

Last Agent to Sell the Property

Jennelle Graziano

Century 21 North East Listed on: 02/17/2015

Century 21 North East

Last Buyer's Agent

Guy Contaldi

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,027

Year Built

1950

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wall to Wall Carpet, Hardwood
  • Insulation: Full
  • Interior Amenities: Security System
  • Basement: Finished
  • Bedroom 2: First Floor, 13X13
  • Bedroom 3: Second Floor, 16X13
  • Bedroom 4: Second Floor, 24X16
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 18X12
  • Living Room: First Floor, 15X14
  • Master Bedroom: First Floor, 15X12
  • Dining Room: First Floor, 13X12
  • Family Room: Basement

Exterior Features

  • Exterior Features: Deck, Pool - Above Ground, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

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

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 27, 2015
Sold by
Gomez Pedro A
Bought by
Idhamou Abdelaziz and Idhamou Abdelkarim
Seller's Agent
Jennelle Graziano
Century 21 North East
Buyer's Agent
Guy Contaldi
RE/MAX Andrew Realty Services
List Price
$316,000
Sold Price
$304,000
Premium/Discount to List
-$12,000
-3.8%
Current Estimated Value
$620,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,160
Avg. Annual Appreciation
6.94%
Original Mortgage
$293,854
Outstanding Balance
$223,558
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$396,602

Purchase Details

Closed on
Oct 18, 2011
Sold by
Cano Abel and Cano Neomica
Bought by
Gomez Pedro A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,549
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 1997
Sold by
Willett Lois A
Bought by
Cano Abel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Idhamou Abdelaziz $304,000 --
Gomez Pedro A $215,000 --
Gomez Pedro A $215,000 --
Cano Abel $135,000 --
Cano Abel $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Idhamou Abdelaziz $293,854
Closed Idhamou Abdelaziz $293,854
Previous Owner Gomez Pedro A $209,549
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $304,000 0.0% $142 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/05/2015 03/05/15 Off Market $304,000 -- --
02/17/2015 02/17/15 For Sale $316,000 -- $147 / 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 $5,027 $475,100 $183,900 $291,200
2024 $4,828 $444,600 $153,200 $291,400
2023 $4,719 $403,300 $153,200 $250,100
2022 $4,437 $340,000 $125,400 $214,600
2021 $4,206 $318,900 $118,400 $200,500
2020 $4,209 $313,200 $118,400 $194,800
2019 $4,091 $288,300 $111,400 $176,900
2018 $3,896 $273,000 $104,500 $168,500
2017 $3,750 $256,000 $104,500 $151,500
2016 $3,374 $227,800 $90,500 $137,300
2015 -- $220,800 $90,500 $130,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jennelle Graziano

    Century 21 North East

    (617) 610-0362

    3 in this area

    35 Total Sales

    Jennelle Graziano
    Section Image
  • Guy Contaldi

    Buyer's Agent in 2015

    Guy Contaldi

    RE/MAX

    (617) 201-0247

    1 in this area

    87 Total Sales

    Guy Contaldi
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71793086

MLS Property Information Network (MLS PIN)

APN: METH-000616-000150-000069

Massachusetts Essex County Methuen 01844 Downtown Methuen

85 Elm St, Methuen, MA

Not Listed for Sale

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