16 18 Peaslee Terrace, Methuen MA 01844

Methuen, MA 01844
$685,000
Est. $3,646/month
4
Beds
2
Baths
2,200
Sq Ft
$311
Price/Sq Ft
0.13
Acres
1930
Year Built
2 Family - 2 Units Up/Down
Type
7
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73265208

About this home

Just listed! Two family on quiet tree lined Methuen street close to everything. This two level multi family has two five room two bedroom apartments and a full unfinished basement. Family owned for years this is the first time ever on market. Each unit has hardwood floors throughout, separate gas boilers, gas hot water tanks, and separate electrical meters, Has plenty of off-street parking with a garage. This is a wonderful opportunity to own your own homes with addition income potential. Seller has never lived in the home - property sold "as is". Open house Sunday 7/21 11:30AM-1PM Offers due Tuesday 7/23 at 6PM.

Sale Statistics

Sale Overview
Original List Price: $649,000
Final Sale Price: $685,000
Difference: +$36,000 (+5.5%)
Performance Metrics
105.5%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $295
Sale $/sq ft: $311
This property sold for $311 per square foot
Sale Summary

This property sold for 5.5% 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
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1930
Bedrooms
4
Full Bathrooms
2
Living Area
2,200 sq ft
Total Rooms
10
Stories
2
Levels
2

Interior Features

Flooring
Wood, Vinyl
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Living Room, Dining Room, Kitchen
Basement Details
Full
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,793 sq ft
Lot Size Area
0.1300
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,994
Tax Year
2024
Tax Assessed Value
$551,900
Tax Lot
00067
Tax Block
00124
Tax Map Number
00612
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

16 18 Peaslee Terrace, Methuen MA 01844

Methuen, MA 01844

Walkability

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Schools

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

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $500
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.3%
Price Range
8
Total Days on Market

Property Timeline

Sold
Aug 30, 2024
$685,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jul 16, 2024
$649,000
Original listing
Agent: Joseph Firicano Office: Boston Hub Real Estate

Price & Status History

Date Event Price Change
Jul 16, 2024 New Listing Added $649,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$311

Tax History

Year Taxes Assessment
2024 $5,994 $551,900

Financial Details

Annual Property Tax
$5,994
Tax Year 2024
Assessed Value
$551,900

Listing Information

Listing Agent Joseph Firicano
Listing Office Boston Hub Real Estate
Agent MLS ID BB806608
Office MLS ID NB2825

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