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395 Merrimack St # 43, Methuen MA 01844

Methuen, MA 01844
$250,000
Est. $1,932/month
1
Beds
1
Baths
764
Sq Ft
$327
Price/Sq Ft
1981
Year Built
16
Days on Market
Closed Listed Apr 11, 2024 • MLS# 73222786 Copied!

About this home

Welcome to Old Ferry Gardens! This lovely one bedroom unit is the perfect affordable starter condo or downsize opportunity! Open concept unit with wonderful, covered exterior deck overlooking the association tennis court. Large living room area, dining area, generous bedroom with walk in closet, galley kitchen with all appliances included, and tiled full bath. There is a large multiple coin op laundry room, with additional individual unit locked storage cubby, and unit mailbox on the property. The low $289 HOA fee and association provide heat, water, sewer, exterior maintenance, reserve funds, master insurance, management fee, snow & trash removal, clean, well managed buildings, grounds, and added security with the intercom front door access. Wonderful location close to medical facilities, highway access, dining, and shopping. This one will not last!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1981
Bedrooms
1
Full Bathrooms
1
Living Area
764 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $250,000
Final Sale Price: $250,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $327
Sale $/sq ft: $327
This property sold for $327 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$327/sq ft
Area Average
$314/sq ft
Difference
+4.2%

This property sold slightly above the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1981
Living Area 764 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Tile, Vinyl, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Flooring - Stone/ceramic Tile, Main Level, Gas Dryer Hookup, Exterior Access, Washer Hookup, Lighting - Overhead, First Floor, Common Area, In Building
Features Finish - Sheetrock, Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, Covered Patio/deck, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Deck, Covered

Parking

Features Common, Guest, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers, 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other For Gas Oven, For Gas Dryer, Washer Hookup

Financial

Annual Tax $2,145
Assessed Value $183,300

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Finish - Sheetrock, Internet Available - Unknown
Windows:
Basement: N
Laundry: Flooring - Stone/Ceramic Tile, Main Level, Gas Dryer Hookup, Exterior Access, Washer Hookup, Lighting - Overhead, First Floor, Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1981
Structure Type: Garden, Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Covered Patio/Deck, Professional Landscaping
Patio & Porch: Deck, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Common, Guest, Paved

Location

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Neighborhood

395 Merrimack St # 43, Methuen MA 01844

Methuen, MA 01844

Walkability

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Nearby Schools

School District
Methuen School District local
C-
School Safety 2024-25
4.6% Above Average
4.4% Suspensions 1.5% In-School 0.2% Emergency
0.9% below state avg
E

Elementary Schools

3 schools
Bradford Christian Academy
1.0 mi
Grades K-12
B+
Hill View Montessori Charter Public School
1.4 mi | #7 of 16 | Score: 34.4
Improved 308 spots from last year
-23.8 below state avg
306 students Diverse
Rising School Diverse Student Body
Grades K-08
Bartlett School and Assessment Center
1.9 mi
45 students Diverse
Diverse Student Body
Grades K-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $179
Homeowners Insurance $200
HOA Fee $289/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

18
Total Days on Market

Property Timeline

Sold
May 22, 2024
$250,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Apr 11, 2024
$250,000
Original listing
Agent: Heather Klosowski Office: Heather Klosowski Real Estate

Price & Status History

Date Event Price Change
Apr 11, 2024 New Listing Added $250,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$327

Tax History

Year Taxes Assessment
2023 $2,145 $183,300

Financial Details

Annual Property Tax
$2,145
Tax Year 2023
HOA Fee
$289
Monthly
Assessed Value
$183,300

Listing Information

Listing Agent Heather Klosowski
Listing Office Heather Klosowski Real Estate
Agent MLS ID CT001890
Office MLS ID AN2691
Listing Data Updated May 23, 2024 6:45 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Methuen, MA

Real-time market trends and pricing data for this area

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