57 Olive Street, Methuen MA 01844

Methuen, MA 01844
$485,000
Est. $2,581/month
4
Beds
2
Baths
2,418
Sq Ft
$201
Price/Sq Ft
0.22
Acres
1930
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73414370

About this home

ATTENTION CONTRACTORS, INVESTORS, BUILDERS & DIY ENTHUSIASTS! This spacious Cape is brimming with potential and ready for a full interior renovation. Bring your vision and restore this home to its original charm and character. Featuring solid bones, classic period details, built-ins, and mostly wood flooring on the first level, the possibilities are endless. The main floor includes two generously sized bedrooms, a living room, dining room, kitchen, full bath and sunroom. Upstairs, you'll find the framework in place - the studs are up for two additional bedrooms, a full bath, and a potential office or nursery. A recently added dormer enhances the upper level’s space and light. The walk-out lower level is partially finished and offers additional living space and storage. Outside, enjoy beautiful landscaping, a spacious driveway and a one-car garage. Located on one of the prettiest streets in town with easy access to highways, the Loop and NH. Look at photos for more info, Sold AS-IS.

Sale Statistics

Sale Overview
Original List Price: $429,000
Final Sale Price: $485,000
Difference: +$56,000 (+13.1%)
Performance Metrics
113.1%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $177
Sale $/sq ft: $201
This property sold for $201 per square foot
Sale Summary

This property sold for 13.1% above the original asking price, indicating strong buyer demand.

With only 5 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
1930
Bedrooms
4
Full Bathrooms
2
Living Area
2,418 sq ft
Total Rooms
9

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Hardwood
Heating
Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Family Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Disposal, Refrigerator, Washer, Dryer
Interior Features
Ceiling Fan(s), Office, Sun Room, Foyer, High Speed Internet
Laundry Features
In Basement
Basement Details
Full, Finished, Garage Access
Door Features
French Doors
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block
Exterior Features
Professional Landscaping, Sprinkler System
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.22 acres
Lot Size
9,583 sq ft
Lot Size Area
0.2200
Lot Features
Corner Lot

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Under, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,632
Tax Year
2025
Tax Assessed Value
$532,300
Parcel Number
2047364
Zoning
RC

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Sold as-is - previous water damage in the home. Home needs extensive rehab. Dormer & roof are 4 years old. Buyer responsible for smoke cert. Room sizes are approximate.

Location

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Neighborhood

57 Olive Street, 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 $469
Homeowners Insurance $200
PMI $0

Property History

Market Insights

11.5%
Price Range
6
Total Days on Market

Property Timeline

Sold
Aug 28, 2025
$485,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Aug 6, 2025
$429,000
Original listing
Agent: The Nancy Dowling Team Office: Foundation Brokerage Group

Price & Status History

Date Event Price Change
Aug 6, 2025 New Listing Added $429,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$201

Tax History

Year Taxes Assessment
2025 $5,632 $532,300

Financial Details

Annual Property Tax
$5,632
Tax Year 2025
Assessed Value
$532,300

Listing Information

Listing Agent The Nancy Dowling Team
Listing Office Foundation Brokerage Group
Agent MLS ID TM324632
Office MLS ID AN7081

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