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16 Wallace St., Methuen MA 01844

Methuen, MA 01844 • East Methuen
$560,000
Est. $2,981/month
3
Beds
2
Baths
2,072
Sq Ft
$270
Price/Sq Ft
0.25
Acres
1989
Year Built
Single Family Residence
Type
111
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73272261

About this home

NOT TO BE MISSED! This charming 3 bedroom/2 bath split gambrel is perfectly sited on a desirable corner lot with a beautifully fenced yard, offering both privacy and space. As you enter you will appreciate the modern touches and thoughtful upgrades. First floor offers a spacious living room with wood pellet stove, full bath, and SS kitchen with granite counters plus a convenient breakfast bar opening to a lovely dining room. Upstairs boasts a large primary bedroom with built-ins & 2 additional bedrooms plus a full bath. Lower level WO family room is ready for some finishing touches. New Attic insulation, CENTRAL AIR , newer carpet, new fence in front and an enormous wrap around deck ideal for outdoor entertaining, relaxing or enjoying the view of the expansive yard. ( Subject to seller securing suitable housing; actively seeking rental in MA.) Limited time for showings. Nov. 2nd & 3rd 12-3 Listing Agent will be there, OK to send buyers.

Sale Statistics

Sale Overview
Original List Price: $579,900
Final Sale Price: $560,000
Difference: $19,900 (-3.4%)
Performance Metrics
96.6%
List to Sale Ratio
Sold below asking price
111
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $280
Sale $/sq ft: $270
This property sold for $270 per square foot
Sale Summary

This property sold for 3.4% below the original asking price.

At 111 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1989
Bedrooms
3
Full Bathrooms
2
Living Area
2,072 sq ft
Total Rooms
7

Interior Features

Flooring
Wood, Tile, Carpet, Laminate, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Refrigerator
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement
Basement Details
Partially Finished, Walk-Out Access, Concrete
Window Features
Insulated Windows
Door Features
Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Architectural Style
Split Entry
Roof
Shingle
Foundation
Concrete Perimeter
Foundation Area
782 sq ft
Exterior Features
Deck - Wood, Pool - Above Ground, Storage, Fenced Yard
Patio/Porch Features
Deck - Wood
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Pool Features
Above Ground
Private Pool
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.25 acres
Lot Size
11,064 sq ft
Lot Size Area
0.2500
Lot Features
Corner Lot, Level
Frontage Length
238 ft
Road Frontage Type
Public, Dead End

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Under, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,375
Tax Year
2024
Tax Assessed Value
$494,900
Parcel Number
2050445
Zoning
RD

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Above ground pool liner has tear needing repair/replacement. no closet doors in 2 bedrooms, LL family room is ready for buyer finish work. Price reflects some deferred maintenance. Shed sold "As Is" BUYERS MUST USE A LENDER WHO WILL ESCROW FROM SELLERS PROCEEDS 1.5X COST OF NEW SEPTIC INSTALLATION.
Exclusions
See Exclusion/Inclusion List.

Location

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Neighborhood

East Methuen

16 Wallace St., Methuen MA 01844

Methuen, MA 01844

Walkability

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Schools

Elementary School
Comprehensive G
Rating information coming soon
High School
Methuen Hs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $448
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.4%
Price Range
23
Total Days on Market

Property Timeline

✓
Sold
Dec 24, 2024
$560,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Aug 1, 2024
$579,900
Original listing
Agent: Kathleen Cyrier Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Aug 1, 2024 New Listing Added $579,900 —

Market Statistics

Days on Market
111 days
Price per Sq Ft
$270

Tax History

Year Taxes Assessment
2024 $5,375 $494,900

Financial Details

Annual Property Tax
$5,375
Tax Year 2024
Assessed Value
$494,900

Listing Information

Listing Agent Kathleen Cyrier
Listing Office William Raveis R.E. & Home Services
Agent MLS ID G0001462
Office MLS ID AN0949

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