NOT LISTED FOR SALE

89 Larchwood Rd Unit 91 Methuen, MA 01844

The East End Neighborhood

Estimated Value: $747,290 - $764,000

6 Beds
2 Baths
2,686 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $545,000 $203 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,574/month

4 Days on Market

About This Home

As of October 2021

This big and beautiful home has been owned by one family for over 40 years and is now ready for someone new to call it their own. Whether you’re looking for a multigenerational abode or a savvy investment, this is an opportunity too good to miss. The two-family floorplan is expansive offering three bedrooms in each unit. There is a large eat-in kitchen with lots of storage within the wood cabinets and a seamless flow into the dining room .An elegant archway connects to the living spaces while charming features such as built-ins and crystal-inspired door knobs add character to this already charming abode. There is both a front porch and an upper-level balcony where you can relax with a drink in hand as the world passes you by. Outside, a lovely yard awaits those who love to entertain and there is also a two-car garage. OPEN HOUSE SATURDAY 7/17/21 FROM 12-2PM

Last Agent to Sell the Property

Gina Guerra-Pearson

Diamond Key Real Estate Listed on: 07/15/2021

Diamond Key Real Estate

Last Buyer's Agent

Gina Guerra-Pearson

Diamond Key Real Estate Listed on: 07/15/2021

Diamond Key Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,195

Year Built

  • 1930

Lot Details

  • 10,019

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,195

Year Built

1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: EAST STREET TO LARCHWOOD HOUSE ON THE LEFT
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Has Basement: Full
  • Total Bathrooms: 2
  • MAIN LO: F33001
  • LIST PRICE PER Sq Ft: 186.11
  • PRICE PER Sq Ft: 202.9
  • MAIN SO: F33001
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Wood,Tile,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Electric: 100 Amp Service
  • Laundry Features: Unit 1 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access

Schools

  • Elementary School: Public
  • High School: Public
  • Middle Or Junior School: Public

Lot Info

  • LOT SIZE: 10001
  • PAGE: 43
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10018.8
  • Zoning: RG

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5446
  • Tax Block: 00028
  • Tax Book Number: 10027
  • Tax Lot: 00003
  • Tax Map Number: 00816
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 29, 2021
Sold by
Salach Richard C and Salach Jason A
Bought by
Geha Ibrahim E
Seller's Agent
Gina Guerra-Pearson
Diamond Key Real Estate
Buyer's Agent
Gina Guerra-Pearson
Diamond Key Real Estate
List Price
$499,900
Sold Price
$545,000
Premium/Discount to List
$45,100
9.02%
Current Estimated Value
$729,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,418
Avg. Annual Appreciation
6.19%
Original Mortgage
$408,750
Outstanding Balance
$378,358
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,735

Purchase Details

Closed on
Oct 24, 2011
Sold by
Salach Richard C and Salach Jason A
Bought by
Salach Richard C and Salach Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Geha Ibrahim E $545,000 None Available
Salach Richard C -- --
Salach Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geha Ibrahim E $408,750
Closed Geha Ibrahim E $408,750
Previous Owner Salach Richard C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $545,000 +9.0% $203 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $499,900 -- $186 / 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 $7,195 $680,100 $203,000 $477,100
2024 $6,534 $601,700 $182,000 $419,700
2023 $6,385 $545,700 $161,000 $384,700
2022 $5,695 $436,400 $126,000 $310,400
2021 $5,446 $412,900 $119,000 $293,900
2020 $5,123 $381,200 $112,000 $269,200
2019 $4,755 $335,100 $105,000 $230,100
2018 $4,494 $314,900 $105,000 $209,900
2017 $4,314 $294,500 $98,000 $196,500
2016 $3,935 $265,700 $91,000 $174,700
2015 $3,532 $241,900 $75,600 $166,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72865962

MLS Property Information Network (MLS PIN)

APN: METH-000816-000028-000003