$794,000
SOLD FEB 27, 2025
5 Beds
2.5 Baths
2,628 Sq Ft
5,750 Sq Ft Lot

Recently Sold

$302 Per Sq Ft

1% Above List Price

78 Days on Market

Highlights

  • Private Waterfront
  • Open Floorplan
  • Deck
  • Scenic Views
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2025

Discover lakeside living in this stunning 5-bedroom, 2.5-bathroom home on the shores of Methuen's Forest Lake. The open-concept floor plan seamlessly blends modern elegance with comfortable living spaces, perfect for entertaining guests or enjoying quiet family moments. The spacious kitchen, with center island flows effortlessly into the dining area and living room, offering breathtaking lake views. The versatile layout includes a potential in-law suite in the lower level. The separate entrance ensures privacy and convenience for extended family or guests. With a whole-house generator, you can rest assured that you'll always be prepared, no matter the weather. Don't miss this opportunity to own a piece of lakefront paradise, schedule your showing today.

Last Agent to Sell the Property

Trevor Gearin

Lamacchia Realty, Inc. Listed on: 10/28/2024

Lamacchia Realty, Inc.

Last Buyer's Agent

Trevor Gearin

Lamacchia Realty, Inc. Listed on: 10/28/2024

Lamacchia Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,513

Year Built

  • Built in 1992

Lot Details

  • 5,750 Sq Ft Lot
  • Private Waterfront
  • Property is zoned RR

Parking

  • 5 Car Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,628 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Scenic Vista Views

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Water Access
  • Mooring
  • Balcony
  • Deck

Schools

  • Marsh Elementary And Middle School
  • Methuen High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:00114 B:00128 L:00017D,2035877

Community Details

Recreation

  • Jogging Path

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,513

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1992
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Interior Amenities: Central Vacuum
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Wall to Wall Carpet, Balcony / Deck
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Kitchen Island, Open Floorplan
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood, Deck - Exterior, Open Floorplan
  • Basement: Full, Finished, Walk-Out Access, Interior Entry
  • Living Area: 2628
  • Spa YN: No
  • MAIN LO: AN2314
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Deck - Wood
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Navigable Water, Lake, Dock/Mooring, Frontage, Direct Access, Lake/Pond, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Cooling: Window Unit(s), None
  • Heating: Baseboard, Propane
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Walk/Jog Trails, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00114 B:00128 L:00017D,2035877
  • Zoning: RR
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5750
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5513

Multi Family

  • Basement Included Sq Ft: Yes
  • Waterview: Dock/Mooring, Private

MLS Schools

  • High School: Methuen High
  • Elementary School: Marsh
  • Middle Or Junior School: Marsh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Feb 27, 2025
Sold by
Gradzewicz Donald A
Bought by
Galloway Alice A and Washburn Mary E
Seller's Agent
Trevor Gearin
Lamacchia Realty, Inc.
Buyer's Agent
Trevor Gearin
Lamacchia Realty, Inc.
List Price
$789,724
Sold Price
$794,000
Premium/Discount to List
$4,276
0.54%
Views
276
Current Estimated Value
$808,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,798
Avg. Annual Appreciation
2.60%
Original Mortgage
$200,000
Outstanding Balance
$198,672
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$610,126
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $794,000 None Available
Quit Claim Deed $794,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Purchase Money Mortgage
Closed $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $794,000 +0.5% $302 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
10/28/2024 10/28/24 For Sale $789,724 -- $301 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,525 $522,200 $202,500 $319,700
2024 $5,513 $507,600 $184,100 $323,500
2023 $5,316 $454,400 $164,400 $290,000
2022 $4,936 $378,200 $131,500 $246,700
2021 $4,627 $350,800 $124,900 $225,900
2020 $4,575 $340,400 $124,900 $215,500
2019 $4,545 $320,300 $118,300 $202,000
2018 $4,417 $309,500 $118,300 $191,200
2017 $4,269 $291,400 $118,300 $173,100
2016 $4,262 $287,800 $118,300 $169,500
2015 $4,097 $280,600 $118,300 $162,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73307064

MLS Property Information Network (MLS PIN)

APN: METH-000114-000128-000017D