581 Forest St, Methuen MA 01844

Methuen, MA 01844
$625,000
Est. $3,327/month
3
Beds
1.5
Baths
1,536
Sq Ft
$407
Price/Sq Ft
0.93
Acres
1984
Year Built
Single Family Residence
Type
3
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73330164

About this home

Welcome to this charming 3-bedroom, 1.5-bath Cape located in the highly desirable neighborhood of Methuen, MA. With approximately 1,536 sq ft of living space and situated on just under an acre of land, this home provides the perfect blend of comfort, privacy, and convenience. Step inside to discover an inviting floor plan featuring a spacious living room and a cozy family room—perfect for relaxing or entertaining. The kitchen, ideal for meal prep, opens to a bright dining area that’s perfect for family meals and gatherings. A convenient half bath is located on the first floor, while the full bath upstairs serves the three well-sized bedrooms, each offering ample closet space.This home is loaded with upgrades, including a newer roof, as well as new heating and air conditioning systems to ensure year-round comfort. The water heater is also newer, providing peace of mind for years to come.The partially finished basement offers additional flexible space for a home office, entertainment roo

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $625,000
Difference: +$25,100 (+4.2%)
Performance Metrics
104.2%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $391
Sale $/sq ft: $407
This property sold for $407 per square foot
Sale Summary

This property sold for 4.2% 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
1984
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,536 sq ft
Total Rooms
9

Interior Features

Flooring
Carpet, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Microwave, Refrigerator, Washer, Dryer
Interior Features
Bonus Room, Play Room
Basement Details
Partially Finished

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.93 acres
Lot Size
40,554 sq ft
Lot Size Area
0.9300
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Attached, Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,922
Tax Year
2024
Tax Assessed Value
$545,300
Parcel Number
M:00314 B:00131 L:00007L,2036843
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No

Location

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Neighborhood

581 Forest 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 $494
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4%
Price Range
4
Total Days on Market

Property Timeline

Sold
Mar 14, 2025
$625,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Jan 29, 2025
$599,900
Original listing
Agent: Stephan Coufos Office: Berkshire Hathaway HomeServices Verani Realty

Price & Status History

Date Event Price Change
Jan 29, 2025 New Listing Added $599,900

Market Statistics

Days on Market
3 days
Price per Sq Ft
$407

Tax History

Year Taxes Assessment
2024 $5,922 $545,300

Financial Details

Annual Property Tax
$5,922
Tax Year 2024
Assessed Value
$545,300

Listing Information

Listing Agent Stephan Coufos
Listing Office Berkshire Hathaway HomeServices Verani Realty
Agent MLS ID C8002762
Office MLS ID AN1293

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