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2 Bungalow Ave, Methuen MA 01844

Methuen, MA 01844
$400,000
Est. $2,129/month
3
Beds
1
Baths
1,248
Sq Ft
$321
Price/Sq Ft
0.22
Acres
1963
Year Built
Single Family Residence
Type
7
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73261160

About this home

***MULTIPLE OFFERS - OFFER DEADLINE THURSDAY 07/11/2024 5:00 PM*** Now is your chance to jump into this crazy market and build some sweat equity with this great property. Bring your renovation ideas to make this house... HOME SWEET HOME. This ranch features an eat-in kitchen, living room with wood burning fireplace and hardwood floors, 3 bedrooms, 1 bath, partially finished walk out basement with daylight windows. All located on a dead-end street in a commuter friendly location. WILL NOT QUALIFY FOR FHA OR VA FINANCING. Be sure to schedule a showing as this one will not last long.

Sale Statistics

Sale Overview
Original List Price: $349,724
Final Sale Price: $400,000
Difference: +$50,276 (+14.4%)
Performance Metrics
114.4%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $280
Sale $/sq ft: $321
This property sold for $321 per square foot
Sale Summary

This property sold for 14.4% above the original asking price, indicating strong buyer demand.

With only 7 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
1963
Bedrooms
3
Full Bathrooms
1
Living Area
1,248 sq ft
Total Rooms
5

Interior Features

Flooring
Wood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater
Interior Features
Mud Room
Laundry Features
In Basement
Basement Details
Full, Partially Finished, Walk-Out Access, Interior Entry

Exterior & Structure

Architectural Style
Ranch
Roof
Shingle
Foundation
Block
Exterior Features
Porch - Enclosed
Patio/Porch Features
Porch - Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.22 acres
Lot Size
9,496 sq ft
Lot Size Area
0.2200
Frontage Length
120 ft
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Golf, Medical Facility, Highway Access, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,504
Tax Year
2024
Tax Assessed Value
$414,700
Parcel Number
M:00810 B:00077 L:00005,2044864
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
SOLD AS-IS The Sellers have not lived in the home since childhood. Property will not pass FHA or VA Guidelines. Buyers and Buyers agents to perform due diligence. Some photos may be virtually enhanced. Remaining items in house will convey with property.

Location

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Neighborhood

2 Bungalow Ave, Methuen MA 01844

Methuen, MA 01844

Walkability

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Schools

Elementary School
Cgs
Rating information coming soon
Middle School
Cgs
Rating information coming soon
High School
Methuen High
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $375
Homeowners Insurance $200
PMI $0

Property History

Market Insights

38.1%
Price Range
4
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73308033
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 6, 2025
$565,000
MLS #73308033
View Listing →
✓
Sold
Jul 30, 2024
$400,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Jul 8, 2024
$349,724
Original listing
Agent: Trevor T. Gearin Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Jan 6, 2025 Sold $565,000 —
Jul 8, 2024 New Listing Added $349,724 —

Market Statistics

Days on Market
7 days
Price per Sq Ft
$321

Tax History

Year Taxes Assessment
2024 $4,504 $414,700

Financial Details

Annual Property Tax
$4,504
Tax Year 2024
Assessed Value
$414,700

Listing Information

Listing Agent Trevor T. Gearin
Listing Office Lamacchia Realty, Inc.
Agent MLS ID G8002539
Office MLS ID AN7874

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