Sold for $685,000

$685,000

16-18 Peaslee Ter, Methuen, MA 01844

4beds

2,200sqft

2 Family - 2 Units Up/Down

Built in 1930

-- sqft lot

$780,900 Zestimate^®

$311/sqft

$2,939 Estimated rent

Home value

$780,900

$742,000 - $820,000

$2,939/mo

Zestimate^® history

Owner options

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$2,939/mo

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$2,939/mo

Rent Zestimate^®

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$4,235/mo

Est. payment

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$4,235/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Appliances

Included: Range, Refrigerator

Features

Living Room, Dining Room, Kitchen
Flooring: Wood, Vinyl
Windows: Insulated Windows
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,200
Total interior livable area: 2,200 sqft

Property

Parking

Total spaces: 8
Parking features: Paved Drive, Off Street, Paved
Garage spaces: 2
Uncovered spaces: 6

Lot

Size: 5,793 Square Feet

Details

Parcel number: METHM00612B00124L00067
Zoning: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1930

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Location

Region: Methuen

Financial & listing details

Price per square foot: $311/sqft
Tax assessed value: $551,900
Annual tax amount: $5,994
Date on market: 1/19/2026
Total actual rent: 0
Road surface type: Paved

Price history

Date	Event	Price
8/30/2024	Sold	$685,000+5.5%$311/sqft
Source: MLS PIN #73265208 Report a problem
7/16/2024	Listed for sale	$649,000$295/sqft
Source: MLS PIN #73265208 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,545 +9.2%	$618,600 +12.1%
2024	$5,994 +2.3%	$551,900 +10.2%
2023	$5,858	$500,700
2022	$5,858 +15.9%	$500,700 +30.7%
2021	$5,054 +3.9%	$383,200 +5.9%
2020	$4,864 +8.2%	$361,900 +14.3%
2019	$4,494 +7.4%	$316,700 +8%
2018	$4,184 +1.4%	$293,200 +4%
2017	$4,128 +11.4%	$281,800 +12.6%
2016	$3,707 +4.4%	$250,300 +2.9%
2015	$3,551 +11%	$243,200 +12.9%
2014	$3,200 +4.9%	$215,500 +1.7%
2013	$3,051 +0.8%	$211,900 -8.7%
2012	$3,027 +6.3%	$232,100 +3.4%
2011	$2,848 -2.2%	$224,400 -8.6%
2010	$2,913 -6.2%	$245,600 -14.5%
2009	$3,106 -5.5%	$287,300 -10.4%
2008	$3,286 +6.2%	$320,600
2007	$3,094 +4%	$320,600
2006	$2,975 +10.4%	$320,600 +19.4%
2005	$2,695 +15.3%	$268,400 +34.7%
2004	$2,337 -0.1%	$199,200
2003	$2,339 +12.1%	$199,200 +43.6%
2001	$2,087 -0.8%	$138,700
2000	$2,104 -0.2%	$138,700 +48%
1998	$2,108	$93,700