NOT LISTED FOR SALE

8 Penobscot Cir Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated Value: $412,000 - $424,000

3 Beds
1.5 Baths
1,334 Sq Ft
$313/Sq Ft Est. Value

Last Sold February 03, 2025

Last sale price $410,000 $307 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,685/month

1 Day on Market

About This Home

As of February 2025

This charming 3-bedroom condex features 1.5 bathrooms and is situated in a convenient location with easy access to three highways and a variety of amenities, including shopping and restaurants. The property boasts a 5-year-old roof and newer windows, offering a solid foundation for your future updates. While it requires cosmetic improvements throughout, this is a fantastic opportunity to customize your home in a quiet area close to many attractions'. The basement is spacious and has the potential to be finished in the future, adding more living space and giving you more versatility. Don't miss out on the potential this home has to offer!

Last Agent to Sell the Property

Mike Pettoruto

Lillian Montalto Signature Properties Listed on: 12/19/2024

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1991

Interior Spaces

  • 1,334 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number M:00514 B:00146 L:0047AA,2039278

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,194

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1991
  • Entry Level: 2
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Basement: Y
  • Living Area: 1334
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: G62122
  • LIST PRICE PER Sq Ft: 299.85
  • PRICE PER Sq Ft: 307.35
  • MAIN SO: G62122

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No
  • UNIT BUILDING: 8

Lot Info

  • Parcel Number: M:00514 B:00146 L:0047AA,2039278
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 258
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4194
  • Tax Book Number: 3205

Multi Family

  • Number Of Units Total: 14
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 1991
Sold by
R & J Rt
Bought by
Kaplan Saul
Total Days on Market
1
Current Estimated Value
$417,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
9.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaplan Saul $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Elizabeth A $389,500
Closed Mclaughlin Elizabeth A $389,500
Closed Kaplan Saul $87,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $410,000 +2.5% $307 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $400,000 -- $300 / 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 $4,227 $399,500 $0 $399,500
2024 $4,194 $386,200 $0 $386,200
2023 $4,070 $347,900 $0 $347,900
2022 $3,765 $288,500 $0 $288,500
2021 $3,621 $274,500 $0 $274,500
2020 $3,465 $257,800 $0 $257,800
2019 $3,501 $246,700 $0 $246,700
2018 $3,525 $247,000 $0 $247,000
2017 $3,125 $213,300 $0 $213,300
2016 $3,040 $205,300 $0 $205,300
2015 $2,884 $197,500 $0 $197,500
Source: Public Records

Agents Affiliated with this Home

  • Mike Pettoruto

    Seller's Agent in 2025

    Mike Pettoruto

    Lillian Montalto Signature Properties

    (978) 835-0435

    1 in this area

    34 Total Sales

    Mike Pettoruto
    Section Image
  • Team Lillian Montalto

    Buyer's Agent in 2025

    Team Lillian Montalto

    Lillian Montalto Signature Properties

    (978) 815-6301

    7 in this area

    998 Total Sales

    Team Lillian Montalto
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73320855

MLS Property Information Network (MLS PIN)

APN: METH-000514-000146-000047AA

Massachusetts Essex County Methuen 01844 Downtown Methuen

8 Penobscot Cir, Methuen, MA

This home is located at 8 Penobscot Cir, Methuen, MA 01844 since 19 December 2024 and is currently estimated at $417,686, approximately $313 per square foot. This property was built in 1991. 8 Penobscot Cir is a home located in Essex County with nearby schools including Tenney Grammar School, Methuen High School, and The Islamic Academy For Peace.

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