40 Palermo St., Methuen MA 01844
Methuen, MA 01844
$400,000
Est. $2,129/month
About this home
Bring your imagination! This 3-4 Bedroom Ranch located on a 19,000+ sf lot has so much potential! You will be surprised at the amount of space this home has to offer along with a full basement with high ceilings waiting to be finished. You can make this into a beautiful home and its located in a quiet neighborhood- last house on a dead end street close to highways and the Loop. Conditional pass on Title V please see attachments for information.
Sale Statistics
Sale Overview
Original List Price:
$429,900
Final Sale Price:
$400,000
Difference:
$29,900 (-7.0%)
Performance Metrics
93.0%
List to Sale Ratio
Sold below asking price
139
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$300
Sale $/sq ft:
$279
This property sold for $279 per square foot
Sale Summary
This property sold for 7.0% below the original asking price.
At 139 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
1940
Bedrooms
3
Full Bathrooms
1
Living Area
1,432 sq ft
Total Rooms
5
Interior Features
Flooring
Laminate, Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator
Laundry Features
In Basement
Basement Details
Full, Walk-Out Access
Exterior & Structure
Construction Materials
Frame
Architectural Style
Ranch
Roof
Slate
Foundation
Other
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.44 acres
Lot Size
19,362 sq ft
Lot Size Area
0.4400
Lot Features
Corner Lot, Level
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
4
Parking Features
Attached, Off Street
Covered Parking Spaces
1
Utilities & Systems
Water Source
Public
Sewer
Private Sewer, Other
Community & HOA
Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, Public School
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,588
Tax Year
2023
Tax Assessed Value
$392,100
Parcel Number
2049542
Zoning
RD
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Property sold AS IS. Buyer/Buyers Agent to do due diligence with town in regards to sewer. Conditional Pass on TitleV. Subject to obtaining License to Sell from Essex Division Probate & Family Court.In process-allow 30-60 days. This property will not pass FHA OR VA. Offers in PDF only.
Listing Terms
Estate Sale
Location
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Neighborhood
40 Palermo 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
$382
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
7%
Price Range
48
Total Days on Market
Property Timeline
Sold
May 1, 2024
$400,000
Property sold
Days on Market: 48
Listed for Sale
Aug 15, 2023
$429,900
Original listing
Agent: Juliette Bergeron
Office: RE/MAX Innovative Properties
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/01/2024 | âś“ Sold | $400,000 | - | - | Property sold |
| 08/15/2023 | 🏠Listed for Sale | $429,900 | - | - | Original listing |