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7 Erhardt Terrace, Methuen MA 01844

Methuen, MA 01844
$600,000
Est. $3,663/month
3
Beds
3
Baths
3,172
Sq Ft
$189
Price/Sq Ft
0.22
Acres
1965
Year Built
41
Days on Market
Closed Listed Mar 22, 2022 • MLS# 72955925 Copied!

About this home

You will be amazed at the square footage and room sizes of this custom built ranch home. It is the perfect place to entertain all year long whether it is enjoying cookouts by the pool and under the carport or bringing it inside choosing the family room, eat in kitchen, living room and lower level to host large events. The front living room offers lots of natural light leading to the updated eat in kitchen with access to the side carport. Relax in the back family room with fireplace and slider leading out to a patio and inground pool area. There is a full bath, 2 good sized bedrooms and a master bedroom with 3/4 bath. Lower level has a 3/4 bath, finished tv room and an area currently being used as a guest room. There is a utility room, storage area, egress to the 2 stall garage and a bulkhead leading to the back yard. Home has been in the same family for over 44 years and is ready for new owners to appreciate everything about it just as much as they have!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1965
Bedrooms
3
Full Bathrooms
3
Living Area
3,172 sq ft
Total Rooms
8
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $600,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $189
Sale $/sq ft: $189
This property sold for $189 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 41 days on market before selling.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$189/sq ft
Area Average
$345/sq ft
Difference
45.2%

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

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1965
Living Area 3,172 sq ft
Lot Size 0.22 acres
Bedrooms 3
Full Baths 3
Total Rooms 8

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Wood, Tile, Carpet, Flooring - Wall To Wall Carpet
Appliances Water Heater, Leased Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full, Finished, Interior Entry, Garage Access, Bulkhead
Laundry First Floor, Washer Hookup
Features Closet, Play Room, Central Vacuum

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Patio, Pool - Inground, Storage, Fenced Yard
Pool In Ground
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Patio

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Carport, Garage Faces Side, Paved Drive, Paved
Total Spaces 12

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $5,147
Assessed Value $394,400

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Appliances: Water Heater, Leased Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet, Play Room, Central Vacuum
Windows:
Basement: Full, Finished, Interior Entry, Garage Access, Bulkhead
Laundry: First Floor, Washer Hookup
Security:

Construction & Materials

Style: Ranch
Year Built: 1965
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 3
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Pool - Inground, Storage, Fenced Yard
Patio & Porch: Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 12
Parking Features: Under, Carport, Garage Faces Side, Paved Drive, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Pool: Private Pool
Pool Features: In Ground
Community Amenities: Public Transportation, Shopping, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

7 Erhardt Terrace, 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
1.3 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
1.6 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
1.9 mi
Grades K-08
C+
Comprehensive Grammar School
2.1 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
2.4 mi
Grades PK-08
Saint Ann's Home School
2.9 mi
Grades K-12
B
Marsh Grammar School
4.4 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
3.6 mi
163 students Diverse
Grades PK-K
H

High Schools

3 schools
C+
Methuen High School
1.4 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
1.6 mi
17 sports • 423 athletes
Strong Athletics
Grades 09-11
Presentation of Mary Academy
1.8 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 $429
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

29.5%
Price Range
29
Total Days on Market

Property Timeline

Current Active Listing - MLS #73481366
Full transaction history available when tracking began
🏡
Currently Listed
Mar 2, 2026
$850,900
MLS #73481366 - Active
Sold
May 27, 2022
$600,000
Property sold
Days on Market: 29
🏠
Listed for Sale
Mar 22, 2022
$599,900
Original listing
Agent: Andrea Delahunty Office: RE/MAX Insight

Price & Status History

Date Event Price Change
Mar 11, 2026 Sold $850,900
Mar 22, 2022 New Listing Added $599,900

Market Statistics

Days on Market
41 days
Price per Sq Ft
$189

Tax History

Year Taxes Assessment
2022 $5,147 $394,400

Financial Details

Annual Property Tax
$5,147
Tax Year 2022
Assessed Value
$394,400

Listing Information

Listing Agent Andrea Delahunty
Listing Office RE/MAX Insight
Agent MLS ID G8002580
Office MLS ID NB5012
Listing Data Updated May 28, 2022 1:13 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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