This solid Cape was built in 1952 and was always occupied by the same family. The next owner has the opportunity to renovate and update the house as their time and funds allow. The original house has 3 Bedrooms and 2 Full Baths. One Bedroom is on the main level, ideal for anyone with mobility issues. The attached addition (permitted in 1995) has 1 Bedroom, a 3/4 Bath, a Common Area and its own egress. It could be an ideal income producing ADU (with the new state regulations effective 2/1/25) or used by extended family. Located in East Methuen, you have quick access to Route 495 for commuters. It's just minutes from The Loop and tax-free Salem, NH for an abundance of shopping and dining venues. We are priced accordingly, for the savvy buyer who doesn't mind living in the home while they put some effort into updating it and immediately increase their equity. The property is being sold AS-IS and the sellers will not make any repairs. The home will likely not qualify for FHA financing.
Sale Statistics
Sale Overview
Original List Price:$450,000
Final Sale Price:$477,000
Difference:
+$27,000 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$205
Sale $/sq ft:$217
This property sold for $217 per square foot
Sale Summary
This property sold for 6.0% above the original asking price, indicating strong buyer demand.
With only 4 days on market, this was a quick sale compared to typical market conditions.
Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Bathroom - 3/4, Closet, Accessory Apt., Den
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access
Exterior & Structure
Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block
Exterior Features
Deck - Wood, Pool - Inground
Patio/Porch Features
Deck - Wood
Has Spa
No
Pool Features
In Ground
Private Pool
Yes
Waterfront Property
No
Lot & Land
Lot Size
0.20 acres
Lot Size
8,538 sq ft
Lot Size Area
0.2000
Lot Features
Gentle Sloping, Level
Road Frontage Type
Public
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Paved Drive, Paved
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,213
Tax Year
2024
Tax Assessed Value
$480,000
Tax Lot
00012F
Tax Block
00082
Tax Map Number
01012
Parcel Number
2048109
Zoning
RES
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
The natural gas furnace is original. The Living Room fireplace hasn't been used in many years. The 20 x 40 built-in pool was never opened this year and was known to leak in the past. One upstairs bedroom isn't heated. Seller thinks pellet stove needs new ignitor. The property is being sold AS-IS.
Location
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Neighborhood
East Methuen
60 Baremeadow 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$434
Homeowners Insurance$200
PMI$0
Property History
Market Insights
5.7%
Price Range
5
Total Days on Market
Property Timeline
✓
Sold
Jan 10, 2025
$477,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Dec 4, 2024
$450,000
Original listing
Agent: June SparksOffice: Advisors Living - Andover
