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467 Prospect # 2, Methuen MA 01844

Methuen, MA 01844
$489,000
Est. $3,261/month
4
Beds
2
Baths
2,545
Sq Ft
$192
Price/Sq Ft
0.29
Acres
1919
Year Built
16
Days on Market
Closed Listed Sep 5, 2024 • MLS# 73285564 Copied!

About this home

Welcome home to this beautiful, classic condo! The spacious property is stately and charming, and in a great location. It is set back on a beautifully landscaped yard yet close to amenities and major roads. The interior is enticing with its hardwood floors, fireplace, and multiple built-ins. The bright and cheerful kitchen has plenty of room and stainless steel appliances. Off of the kitchen is a washer/dryer area that could be used as a sunroom. The family and dining areas are lovely with their high ceilings, large windows, and attractive trim. All of the bedrooms are a generous size. Two are downstairs, one of which is being used as an office. Upstairs are two more bedrooms. In the large primary bedroom enjoy the bay window area and en suite.The backyard oasis is fenced off, and has a patio and room for gardens. There's plenty of room for parking. A bonus is the front to back storage space in the basement. This home has been meticulously taken care of!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1919
Bedrooms
4
Full Bathrooms
2
Living Area
2,545 sq ft
Total Rooms
8
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $489,000
Difference: $10,000 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $196
Sale $/sq ft: $192
This property sold for $192 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1919
Living Area 2,545 sq ft
Lot Size 0.29 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Steam, Oil, Electric
Cooling Window Unit(s)
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry In Unit, Electric Dryer Hookup
Features High Speed Internet

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio

Parking

Features None
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $2,859
Assessed Value $263,300

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: High Speed Internet
Windows: Insulated Windows
Basement: Y
Laundry: In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1919
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Steam, Oil, Electric
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Patio, Fenced Yard
Patio & Porch: Patio
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, Public School

Location

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Neighborhood

467 Prospect # 2, 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

3 schools
F
Francis M. Leahy School
0.7 mi | #806 of 824 | Score: 26.5
Improved 27 spots from last year
-31.7 below state avg
525 students Less Diverse
Rising School
Grades PK-04
C
Edward F. Parthum School
0.8 mi | #615 of 824 | Score: 40.0
Improved 67 spots from last year
-18.2 below state avg
656 students Less Diverse
Rising School
Grades K-04
Rollins Early Childhood Center
0.8 mi
157 students Less Diverse
Grades PK-K
M

Middle Schools

3 schools
C-
Parthum Middle School
0.8 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
F
Oliver Middle School
0.9 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
D
Arlington Middle School
1.0 mi | #325 of 352 | Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
C+
Methuen High School
1.0 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
B-
RISE Academy
1.0 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
Central Catholic High School
1.1 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

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 $238
Homeowners Insurance $200
HOA Fee $350/mo
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

2%
Price Range
22
Total Days on Market

Property Timeline

Sold
Oct 24, 2024
$489,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Sep 5, 2024
$499,000
Original listing
Agent: Mary O'Hagan Office: Barrett Sotheby's International Realty

Price & Status History

Date Event Price Change
Sep 5, 2024 New Listing Added $499,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$192

Tax History

Year Taxes Assessment
2025 $2,859 $263,300

Financial Details

Annual Property Tax
$2,859
Tax Year 2025
HOA Fee
$350
Per month
Assessed Value
$263,300

Listing Information

Listing Agent Mary O'Hagan
Listing Office Barrett Sotheby's International Realty
Agent MLS ID CN201382
Office MLS ID AN0538
Listing Data Updated Oct 31, 2024 10:10 AM 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

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