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57 Olive Street, Methuen MA 01844

Methuen, MA 01844
$485,000
Est. $3,122/month
4
Beds
2
Baths
2,418
Sq Ft
$201
Price/Sq Ft
0.22
Acres
1930
Year Built
5
Days on Market
Closed Listed Aug 6, 2025 • MLS# 73414370 Copied!

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.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1930
Bedrooms
4
Full Bathrooms
2
Living Area
2,418 sq ft
Total Rooms
9

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.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$201/sq ft
Area Average
$303/sq ft
Difference
33.7%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1930
Living Area 2,418 sq ft
Lot Size 0.22 acres
Bedrooms 4
Full Baths 2
Total Rooms 9

Interior

Heating Natural Gas
Cooling None
Flooring Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances Disposal, Refrigerator, Washer, Dryer
Fireplace Family Room
Fireplaces 1
Basement Full, Finished, Garage Access
Laundry In Basement
Features Ceiling Fan(s), Office, Sun Room, Foyer, High Speed Internet

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Professional Landscaping, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 5

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,632
Assessed Value $532,300

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances: Disposal, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Office, Sun Room, Foyer, High Speed Internet
Windows:
Basement: Full, Finished, Garage Access
Laundry: In Basement
Security:

Construction & Materials

Style: Cape
Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Professional Landscaping, Sprinkler System
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 5
Parking Features: Under, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School

Location

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Neighborhood

57 Olive Street, 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

8 schools
C
Donald P Timony Grammar School
0.9 mi | #281 of 352 | Score: 33.3
Improved 32 spots from last year
-24.9 below state avg
1,172 students Diverse
Rising School Strong Attendance
Grades K-08
C
Tenney Grammar School
1.2 mi | #253 of 352 | Score: 36.0
Improved 11 spots from last year
-22.3 below state avg
1,246 students Moderate
Grades K-08
St. Monica Elementary School
1.4 mi
Grades K-08
C+
Comprehensive Grammar School
1.8 mi | #220 of 352 | Score: 39.4
Improved 12 spots from last year
-18.8 below state avg
1,046 students Diverse
Diverse Student Body Strong Attendance
Grades K-08
The Islamic Academy
1.9 mi
Grades PK-08
Saint Ann's Home School
2.5 mi
Grades K-12
B
Marsh Grammar School
3.9 mi | #155 of 352 | Score: 44.1
Improved 17 spots from last year
-14.1 below state avg
996 students Diverse
Diverse Student Body Strong Attendance
Grades K-08
Early Childhood Center
3.2 mi
163 students Diverse
Grades PK-K
H

High Schools

3 schools
C+
Methuen High School
1.0 mi | #218 of 346 | Score: 49.9
Improved 35 spots from last year
-8.4 below state avg
1,841 students Diverse
18 sports • 1,820 athletes
High Graduation Rate Rising School Career Tech Programs Strong Athletics
Grades 09-12
Notre Dame Cristo Rey High School
1.2 mi
17 sports • 423 athletes
Strong Athletics
Grades 09-11
Presentation of Mary Academy
1.3 mi
Grades 09-12
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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 $469
Homeowners Insurance $200
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

38.7%
Price Range
6
Total Days on Market

Property Timeline

Current Active Listing - MLS #73494315
Full transaction history available when tracking began
🏡
Currently Listed
Apr 1, 2026
$699,500
MLS #73494315 - Active
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
Apr 1, 2026 Sold $699,500
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
Listing Data Updated Aug 28, 2025 3:38 PM 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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