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Amesbury Town 01913
7 Wells Ave.
$340,000
● House - Off Market

7 Wells Ave.

Amesbury, MA 01913
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,161 Ft²
$621,021
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Don't let this one slip by-wonderful 4 BR home with so much character and charm and tons of space.  Bedrooms are large. 2 up and 2 down, master with great walkin closets. Lovely fireplaced living room with built-ins, bright & sunny dining room, kitchen with vaulted ceiling and exposed beams, 2 full baths, one with soaking tub. Inviting screenporch looks out on wonderfully landscaped yard with numerous perennials, large rear deck and patio, enclosed backyard, garage, huge clean and bright basement. Owner has done all the right things to make this home stand out from the rest-newer roof, windows, hot water, carpet on 2nd floor - some exterior work will make this home perfect.  Priced right and sure to please.
Unit Size
2,161 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$162
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #71843276)

Price History

Date / Event Date Event Price
Aug 21, 2015 Sold
Premium
Sold
May 22, 2015 Listed by Coldwell Banker Residential Brokerage - Haverhill $349,900
Listed by Coldwell Banker Residential Brokerage - Haverhill
Apr 30, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,247
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 4,910
  • Total Building Area: 2,161
  • Gross Building Area: 4,237
  • Building Area: 2,161
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,161
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Amesbury School District
  • School Tax School District: AMESBURY SD
  • Census Tract: 266300

Zoning

  • Zoning: R8

Geography

  • Parcel: AMES M:77 B:0105
  • Block: 105
  • Municipality: AMESBURY
  • Latitude: 42.8482
  • Longitude: -70.9318

    Address

  • Full Address: 7 Wells Ave
  • Address - House Number: 7
  • Address - Street Name: Wells
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Amesbury
  • Carrier Code: C011
  • 4-Digit Zip Code: 3513
  • Zip Code: 01913

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $776,100

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 617,165
  • High Value: 721,786
  • Low Value: 512,543

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,200
  • Assessed Land Value: $206,600
  • Assessed Improvements Value: $289,600

    Sales

  • Current Sale Recording Date: Aug 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 468
  • Previous Sale Recording Date: Apr 30, 1998
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Amesbury Town

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$365

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2108 ft²

Average Home Age

87.7 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71843276

Frequently Asked Questions

When was property at 7 Wells Avenue built and last sold?
The property at 7 Wells Avenue was built in 1920 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 7 Wells Avenue is $370,953.
What are some comparable homes to 7 Wells Avenue?
There are currently no comparable homes to 7 Wells Avenue.
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