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5 Meriline Ave, Methuen MA 01844

Methuen, MA 01844
$485,000
Est. $3,025/month
2
Beds
1
Baths
1,512
Sq Ft
$321
Price/Sq Ft
0.21
Acres
1956
Year Built
17
Days on Market
Pending Listed Jun 11, 2026 • MLS# 73534098 Copied!

About this home

Welcome to beautiful Pleasant Valley! This well maintained 1,512 sq. ft. 2 bed ranch offers a total of 5 spacious rooms & 1 beautifully remodeled full bath. Sitting on an impressive 9,239 sq ft corner lot, this property features a recently renovated oversized attached 2 car garage with excellent potential for additional living space, a workshop, home office, or other future uses, subject to buyer due diligence & local approvals. The large side yard provides additional outdoor space & parking opportunities. Parking is abundant with 2 large new driveways accommodating up to 8 vehicles, plus the oversized garage. Conveniently located near major routes, great shopping centers, major highways, & the tax free New Hampshire border. Located on the corner of Merrimack St. in a commercially zoned area with potential future development or business use possibilities, subject to all applicable permits, approvals, & municipal regulations. A unique opportunity with flexibility & future potential.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1956
Bedrooms
2
Full Bathrooms
1
Living Area
1,512 sq ft
Total Rooms
5
Main Level Bedrooms
2

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1956
Living Area 1,512 sq ft
Lot Size 0.21 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Oil
Cooling Wall Unit(s)
Flooring Vinyl
Appliances None
Fireplace None
Basement Full
Laundry Exterior Access, In Basement
Features None

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Deck, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Paved Drive, Deeded
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $4,469
Assessed Value $422,400

Interior Features

Flooring: Vinyl
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry: Exterior Access, In Basement
Security:

Construction & Materials

Style: Ranch
Year Built: 1956
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Block

Heating, Cooling & Utilities

Heating: Oil
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Fenced Yard, Garden
Patio & Porch: Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Paved Drive, Deeded

Location

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Neighborhood

5 Meriline Ave, Methuen MA 01844

Methuen, MA 01844

Walkability

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School District
Methuen School District local
C-
School Safety 2024-25
4.6% Above Average
4.4% Suspensions 1.5% In-School 0.2% Emergency
0.9% below state avg
E

Elementary Schools

3 schools
C
Edward F. Parthum School
1.3 mi | #615 of 824 | Score: 40.0
Improved 67 spots from last year
-18.2 below state avg
656 students Less Diverse
Rising School
Grades K-04
Bradford Christian Academy
1.5 mi
Grades K-12
Rollins Early Childhood Center
1.7 mi
157 students Less Diverse
Grades PK-K
M

Middle Schools

3 schools
C-
Parthum Middle School
1.3 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
F
Oliver Middle School
2.3 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
Esperanza Academy
2.3 mi
Grades 05-06
H

High Schools

3 schools
C+
Methuen High School
2.0 mi | #218 of 346 | Score: 49.9
Improved 35 spots from last year
-8.4 below state avg
1,841 students Diverse
18 sports • 1,820 athletes
High Graduation Rate Rising School Career Tech Programs Strong Athletics
Grades 09-12
B-
RISE Academy
2.1 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
B
Phoenix Academy Public Charter High School, Lawrence
2.2 mi | #182 of 346 | Score: 69.9
Same rank as last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $372
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 16, 2026
Active → Active Under Contract
Pending Sale
Jun 15, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
Jun 14, 2026
New showing requirements
🏠
Listed for Sale
Jun 11, 2026
$485,000
Original listing
Agent: Alvarado Group Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Jun 16, 2026 Status: Active under contract $0
Jun 11, 2026 New Listing Added $485,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$321

Tax History

Year Taxes Assessment
2025 $4,469 $422,400

Financial Details

Annual Property Tax
$4,469
Tax Year 2025
Assessed Value
$422,400

Listing Information

Listing Agent Alvarado Group
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID TM326520
Office MLS ID AN6221
Listing Data Updated Jul 1, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Methuen, MA

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