Bring your imagination! This 3-4 Bedroom Ranch located on a 19,000+ sf lot has so much potential! You will be surprised at the amount of space this home has to offer along with a full basement with high ceilings waiting to be finished. You can make this into a beautiful home and its located in a quiet neighborhood- last house on a dead end street close to highways and the Loop. Conditional pass on Title V please see attachments for information.
Sold for $400,000
$400,000
40 Palermo St, Methuen, MA 01844
3beds
1,432sqft
Single Family Residence
Built in 1940
0.44 Acres Lot
$595,400 Zestimate®
$279/sqft
$3,369 Estimated rent
Home value
$595,400
$530,000 - $667,000
$3,369/mo
Zestimate® history
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$2,492/mo
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List your homeWhat's special
High ceilings
Zillow last checked:
Listing updated:
Listed by:
Juliette Bergeron 978-257-5415,
RE/MAX Innovative Properties 603-484-8594
Bought with:
Lisa Fenlon-Major
Keller Williams Realty - Londonderry
Source: MLS PIN,MLS#: 73148788
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Flooring - Hardwood
- Level: First
Bedroom 2
- Features: Flooring - Hardwood
- Level: First
Bedroom 3
- Features: Flooring - Hardwood
- Level: First
Bedroom 4
- Features: Flooring - Hardwood
- Level: First
Bathroom 1
- Level: First
Kitchen
- Features: Flooring - Laminate, Dining Area
- Level: First
Living room
- Features: Flooring - Hardwood
- Level: First
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement
Features
- Flooring: Laminate, Hardwood
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,432
- Total interior livable area: 1,432 sqft
Property
Parking
- Total spaces: 5
- Parking features: Attached, Off Street
- Attached garage spaces: 1
- Uncovered spaces: 4
Lot
- Size: 0.44 Acres
- Features: Corner Lot, Level
Details
- Parcel number: 2049542
- Zoning: RD
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Other
- Roof: Slate
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Private Sewer, Other
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School
HOA
- Has HOA: No
Location
- Region: Methuen
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $392,100
- Annual tax amount: $4,588
- Date on market: 12/9/2025
- Listing terms: Estate Sale
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $400,000-7%$279/sqft |
Source: MLS PIN #73148788 Report a problem | ||
| 12/20/2023 | Contingent | $429,900$300/sqft |
Source: MLS PIN #73148788 Report a problem | ||
| 12/15/2023 | Listed for sale | $429,900$300/sqft |
Source: MLS PIN #73148788 Report a problem | ||
| 8/30/2023 | Contingent | $429,900$300/sqft |
Source: MLS PIN #73148788 Report a problem | ||
| 8/15/2023 | Listed for sale | $429,900$300/sqft |
Source: MLS PIN #73148788 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,944 +1.9% | $467,300 +4.6% |
| 2024 | $4,850 +5.7% | $446,600 +13.9% |
| 2023 | $4,588 | $392,100 |
| 2022 | $4,588 +12% | $392,100 +26.3% |
| 2021 | $4,095 +0.2% | $310,500 +2.1% |
| 2020 | $4,087 +4.5% | $304,100 +10.3% |
| 2019 | $3,911 +2.2% | $275,600 +2.8% |
| 2018 | $3,827 +6.1% | $268,200 +8.9% |
| 2017 | $3,608 +1.5% | $246,300 +2.7% |
| 2016 | $3,553 +6.7% | $239,900 +5.2% |
| 2015 | $3,330 +6.4% | $228,100 +8.3% |
| 2014 | $3,129 +3.1% | $210,700 |
| 2013 | $3,034 +1.6% | $210,700 -8% |
| 2012 | $2,987 +8.8% | $229,100 +5.9% |
| 2011 | $2,746 -5.5% | $216,400 -11.7% |
| 2010 | $2,906 +2.2% | $245,000 -6.9% |
| 2009 | $2,844 +2.1% | $263,100 -3.2% |
| 2008 | $2,785 +6.2% | $271,700 |
| 2007 | $2,622 +6.5% | $271,700 +2.4% |
| 2006 | $2,462 +11.1% | $265,300 +20.2% |
| 2005 | $2,217 +2.1% | $220,800 +19.2% |
| 2004 | $2,172 -0.1% | $185,200 |
| 2003 | $2,174 +20% | $185,200 +53.8% |
| 2001 | $1,812 -0.8% | $120,400 |
| 2000 | $1,826 -29.5% | $120,400 +4.6% |
| 1998 | $2,590 | $115,100 |
Find assessor info on the county website
Neighborhood: 01844
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Nearby schools
GreatSchools rating
- 6/10Comprehensive Grammar SchoolGrades: K-8Distance: 2.2 mi
- 3/10Methuen High SchoolGrades: 9-12Distance: 2.3 mi
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- Massachusetts
- Essex County
- Methuen
- 01844
- 40 Palermo St
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