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49 McGrath Road

49 McGrath Road, Dracut, MA 01826
Property in Dracut
1 Units For Sale
Unit for sale at 49 Mcgrath Rd, Dracut, MA 01826

$1,000,000

  • Commercial
49 Mcgrath Rd, Dracut, MA 01826 Listing by Joseph Malloch

This has been categorized as a commercial property type. In total, the area measurement of the land is 437,778 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 49 McGrath Road was last sold in Jan 1, 1970 for $785,000. Prior to that sales transaction, the property was sold for $750,000 in Jan 1, 1970. Current property owners are expected to pay $38,048 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2024. The property on 49 McGrath Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $3,641,000. To break that down further, the land itself was valued at $1,821,000. While improvements to the property were assessed at a total of $1,820,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 437,778
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 10.05
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : SEVERANCE FT
  • Previous Owner : DRACO HOMES INC
  • Owner Before Previous Owner: SEVERANCE ROBERT H
  • Owner Before Previous Owner 2: SEVERANCE MARION
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dracut School District
  • School Tax School District: DRACUT SD
  • Census Tract: 314302

Zoning

  • Zoning: I1

Geography

  • District: 79
  • Parcel: DRAC M:8 B:19 L:29
  • Block: 19
  • Lot: 29
  • Municipality: DRACUT
  • Latitude: 42.7063
  • Longitude: -71.2505

    Address

  • Full Address: 49 Mcgrath Rd
  • Address - House Number: 49
  • Address - Street Name: Mcgrath
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 2838
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $38,048
  • Intital Tax Deliquent Year: 2024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $787,500
  • First Open Lien Mortgage Lender: CHARLES D SEVERANCE
  • First Open Lien Mortgage Recording Date: May 25, 2007
  • First Open Lien Mortgage Loan Amount: $787,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 25, 2037
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,641,000
  • Assessed Land Value: $1,821,000
  • Assessed Improvements Value: $1,820,000

    Sales

  • Current Sale Recording Date: Apr 26, 1999
  • Current Sale Transaction ID: 1086338750
  • Current Sale Price: $785,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 07, 1992
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHMARK BANK
  • First Mortgage Transaction Date: Apr 26, 1999
  • First Mortgage Loan Amount: $745,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: ROBERT SEVERANCE
  • Previous Mortgage Transaction Date: Feb 07, 1992
  • Previous Mortgage Loan Amount: $750,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Middlesex



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 49 McGrath Road located in?
The 49 McGrath Road is a located in the neighborhood of Dracut in Middlesex, Dracut.
How many listings are currently for sale in 49 McGrath Road?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 49 McGrath Road?
The average sales price for units in 49 McGrath Road is $1,000,000 currently.

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