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5 Veteran's Way

5 Veteran's Way, Merrimac, MA 01860
Property in Merrimac
1 Units For Sale
Unit for sale at 5 Veterans Way, Merrimac, MA 01860

$500,000

  • 2 Beds
  • 2 Baths
5 Veterans Way #5, Merrimac, MA 01860 Listing by Jim Bragg

5 Veteran's Way has been categorized by the local assessors in Merrimac, MA as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5 Veteran's Way has 1,527 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Veteran's Way sold most recently in Nov 28, 2023 for a total of $492,000. If you work out the math, that's approximately a cost of $322.20 per sqft. Before that, the property was also sold for $395,000 in Sep 21, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,468 in taxes each year. 5 Veteran's Way was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $405,000. Improvements to the property, however, were assessed at a total of $405,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Parking

Attached Garage
Off Street Parking
Garage Door Opener
Paved Parking

Accessibility

ADA Access
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200625 Unit 5
06/25/2020
5
2 Bed
2 Bath
-
$399,900
bedrooms
2 Bed
bathrooms
2 Bath
$399,900
09/30/2020
-
Melinda Fields
Coldwell Banker Realty - Newburyport

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,527
  • Gross Building Area: 2,036
  • Building Area: 1,527
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,527
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : WILSON JEAN E
  • Previous Owner : GRANT FT
  • Previous Owner 2: GRANT
  • Owner Before Previous Owner: MURIEL E HART IRT
  • Owner Before Previous Owner 2: BRODIE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Pentucket School District
  • Census Tract: 262100

Zoning

  • Zoning: AR

Geography

  • District: 180
  • Parcel: MERR M:0042 B:0001 L:004-9
  • Block: 1
  • Lot: 4-9
  • Municipality: MERRIMAC
  • Latitude: 42.8394
  • Longitude: -70.9883

    Address

  • Full Address: 5 Veterans Way
  • Address - House Number: 5
  • Address - Street Name: Veterans
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Merrimac
  • Carrier Code: C002
  • 4-Digit Zip Code: 1642
  • Zip Code: 01860

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,468

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 490,054
  • High Value: 578,004
  • Low Value: 402,104

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,000
  • Assessed Improvements Value: $405,000

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Transaction ID: 11917555745
  • Current Sale Price: $492,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20231130005820
  • Previous Sale Recording Date: Sep 30, 2020
  • Previous Sale Contract Date: Sep 21, 2020
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Previous Mortgages

  • Previous Mortgage Lender: SALEM FIVE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 30, 2020
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5 Veteran's Way located in?
The 5 Veteran's Way is a located in the neighborhood of Merrimac in Essex, Merrimac.
How many listings are currently for sale in 5 Veteran's Way?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 5 Veteran's Way?
The average sales price for units in 5 Veteran's Way is $500,000 currently.

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