221 Pelham St., Methuen MA 01844

Methuen, MA 01844 • West Methuen
$460,000
Est. $2,448/month
3
Beds
2
Baths
1,781
Sq Ft
$258
Price/Sq Ft
0.34
Acres
1939
Year Built
Single Family Residence
Type
3
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73366418

About this home

Needs work but worth the effort! Check out this wonderful Craftsman Bungalow with 3 stall garage plus storage space, nicely sited on a large lot. An enclosed front porch leads to a nice foyer, which opens through an archway with Craftsman-style columns to a formal living room which features a fireplace with a pellet stove. Another archway with columns opens to the formal dining room that sports a built-in hutch with drawers. An eat-in kitchen with a walk-in pantry closet, a small office and a full bath complete the 1st floor. The 2nd floor consists of 3 bedrooms with ample closet space (primary & 2nd bedroom each have a walk-in closet), a den with access to a deck, a full bath, and a hallway with built-in drawers and a laundry chute. A 96% efficient Lochinvar boiler was installed about 15 years ago. The 1st floor has radiant heat throughout, and there is enough capacity to put baseboard heat on the 2nd floor. Roofs were re-shingled in 2017 when solar panels (owned) were installed.

Sale Statistics

Sale Overview
Original List Price: $400,000
Final Sale Price: $460,000
Difference: +$60,000 (+15.0%)
Performance Metrics
115.0%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $225
Sale $/sq ft: $258
This property sold for $258 per square foot
Sale Summary

This property sold for 15.0% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1939
Bedrooms
3
Full Bathrooms
2
Living Area
1,781 sq ft
Total Rooms
8

Interior Features

Flooring
Wood, Vinyl, Flooring - Wood
Heating
Radiant, Natural Gas, Pellet Stove
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Refrigerator
Interior Features
Archway, Sun Room, Foyer, Den
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Bulkhead, Concrete, Unfinished
Window Features
Storm Window(s), Screens
Door Features
Storm Door(s)
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Bungalow, Craftsman
Roof
Shingle
Foundation
Stone
Foundation Area
952 sq ft
Exterior Features
Porch - Enclosed, Deck - Wood, Screens, Fenced Yard
Patio/Porch Features
Porch - Enclosed, Deck - Wood
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.34 acres
Lot Size
14,810 sq ft
Lot Size Area
0.3400
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
3
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
7
Parking Features
Detached, Garage Door Opener, Storage, Paved Drive, Off Street, Paved, Unpaved
Covered Parking Spaces
3

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 220 Volts, Circuit Breakers, 200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, Sidewalks
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,605
Tax Year
2024
Tax Assessed Value
$424,000
Tax Lot
00280
Tax Block
00126B
Tax Map Number
00412
Parcel Number
2038122
Zoning
RD

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Even though electric service has been upgraded to 225 amps, seller believes there may still be some knob & tube wiring. Seller will leave about 3 tons of pellets for the new owner. The den could easily be used as a 4th bedroom.

Location

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Neighborhood

West Methuen

221 Pelham St., Methuen MA 01844

Methuen, MA 01844

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $384
Homeowners Insurance $200
PMI $0

Property History

Market Insights

13%
Price Range
5
Total Days on Market

Property Timeline

Sold
Jun 5, 2025
$460,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Apr 29, 2025
$400,000
Original listing
Agent: Richard Coco Office: RE/MAX Partners

Price & Status History

Date Event Price Change
Apr 29, 2025 New Listing Added $400,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$258

Tax History

Year Taxes Assessment
2024 $4,605 $424,000

Financial Details

Annual Property Tax
$4,605
Tax Year 2024
Assessed Value
$424,000

Listing Information

Listing Agent Richard Coco
Listing Office RE/MAX Partners
Agent MLS ID G0000046
Office MLS ID G62134

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