This charming gambrel-style home is situated on a spacious corner lot in a peaceful neighborhood centrally located to a number of amenities. The home retains its original charm and character, featuring architectural details and original built-ins that add a touch of nostalgia. 4 large bedrooms and 1 full bath grace the 2nd floor, it has 1 half bath on the 1st floor, and 1 half bath in the basement. Hardwood floors and granite countertops make this home a blend of past and present with original architecture. It offers a versatile floor plan that allows for customization options to suit your needs to make it your own. The basement is partially finished with a fireplace and has plenty of storage space. The attic runs the length of the house and also has tremendous potential to be another living area in the future. The corner lot provides ample space for outdoor activities, landscaping, and potential expansions. Bring your ideas!!
Sold for $574,900
$574,900
48 Olive St, Methuen, MA 01844
4beds
2,775sqft
Single Family Residence
Built in 1940
10,001 Square Feet Lot
$701,100 Zestimate®
$207/sqft
$4,520 Estimated rent
Home value
$701,100
$666,000 - $736,000
$4,520/mo
Zestimate® history
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$3,585/mo
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List your homeWhat's special
Hardwood floorsSpacious corner lotOriginal built-insGranite countertopsVersatile floor plan
Zillow last checked:
Listing updated:
Listed by:
Mike Pettoruto 978-835-0435,
William Raveis R.E. & Home Services 978-475-5100
Bought with:
Jennelle Graziano
Berkshire Hathaway HomeSevices Verani Realty Lawrence
Source: MLS PIN,MLS#: 73137651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Primary bedroom
- Level: Second
- Area: 315
- Dimensions: 15 x 21
Bedroom 2
- Level: Second
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Second
- Area: 168
- Dimensions: 12 x 14
Bedroom 4
- Level: Second
- Area: 132
- Dimensions: 12 x 11
Bathroom 1
- Level: First
- Area: 20
- Dimensions: 4 x 5
Bathroom 2
- Level: Second
- Area: 55
- Dimensions: 11 x 5
Bathroom 3
- Level: Basement
- Area: 24
- Dimensions: 6 x 4
Dining room
- Level: First
- Area: 168
- Dimensions: 14 x 12
Family room
- Level: Basement
- Area: 308
- Dimensions: 22 x 14
Kitchen
- Level: First
- Area: 196
- Dimensions: 14 x 14
Living room
- Level: First
- Area: 255
- Dimensions: 17 x 15
Heating
- Electric
Cooling
- Window Unit(s)
Features
- Has basement: No
- Number of fireplaces: 2
Interior area
- Total structure area: 2,775
- Total interior livable area: 2,775 sqft
Property
Parking
- Total spaces: 11
- Parking features: Attached, Off Street
- Attached garage spaces: 1
- Uncovered spaces: 10
Lot
- Size: 10,001 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:00914 B:00098 L:00044,2047359
- Zoning: RC
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Methuen
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $456,800
- Annual tax amount: $5,345
- Date on market: 1/20/2026
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2023 | Sold | $574,900$207/sqft |
Source: MLS PIN #73137651 Report a problem | ||
| 7/25/2023 | Pending sale | $574,900$207/sqft |
Source:  William Raveis Real Estate, Mortgage & Insurance #73137651 Report a problem | ||
| 7/18/2023 | Listed for sale | $574,900+296.5%$207/sqft |
Source: MLS PIN #73137651 Report a problem | ||
| 12/1/1998 | Sold | $145,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,306 +11.8% | $596,000 +14.8% |
| 2024 | $5,640 +5.5% | $519,300 +13.7% |
| 2023 | $5,345 | $456,800 |
| 2022 | $5,345 +13.5% | $456,800 +27.9% |
| 2021 | $4,711 +3.5% | $357,200 +5.4% |
| 2020 | $4,553 +6.5% | $338,800 +12.5% |
| 2019 | $4,274 +6.2% | $301,200 +6.8% |
| 2018 | $4,026 -0.3% | $282,100 +2.3% |
| 2017 | $4,040 +6.8% | $275,800 +7.9% |
| 2016 | $3,784 +4% | $255,500 +2.5% |
| 2015 | $3,640 +1.8% | $249,300 +3.5% |
| 2014 | $3,577 +2.5% | $240,900 -0.6% |
| 2013 | $3,489 +4.4% | $242,300 -5.5% |
| 2012 | $3,342 +7.5% | $256,300 +4.6% |
| 2011 | $3,110 -4.4% | $245,100 -10.6% |
| 2010 | $3,253 +2.4% | $274,300 -6.7% |
| 2009 | $3,178 +5.8% | $294,000 +0.3% |
| 2008 | $3,004 +6.2% | $293,100 |
| 2007 | $2,828 +4% | $293,100 |
| 2006 | $2,720 +8.4% | $293,100 +17.2% |
| 2005 | $2,510 +6.8% | $250,000 +24.8% |
| 2004 | $2,350 -0.1% | $200,300 |
| 2003 | $2,352 +7.9% | $200,300 +38.3% |
| 2001 | $2,179 -0.8% | $144,800 |
| 2000 | $2,197 -17.1% | $144,800 +22.9% |
| 1998 | $2,651 | $117,800 |
Find assessor info on the county website
Neighborhood: 01844
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Nearby schools
GreatSchools rating
- 4/10Donald P Timony GrammarGrades: K-8Distance: 0.9 mi
- 3/10Methuen High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$701,100
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Estimated market value
$701,100
- Massachusetts
- Essex County
- Methuen
- 01844
- 48 Olive St
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