Active

2 Days on market

11 University Lane Methuen — Photo 1 of 36

$649,000

11 University Lane, Methuen, MA 01844

Methuen, MA 01844

Beds

Baths

SqFt

1,811

Style

Single Family

Built

1962

Amazing opportunity in a highly sought-after Methuen neighborhood! This beautifully updated ranch offers comfortable single-level living with a stunning kitchen and plenty of potential for additional space. Step outside and enjoy your own backyard retreat featuring a large in-ground pool and spacious, level fenced yard, perfect for summer entertaining and relaxation. The generous lot may also offer potential for an ADU, subject to applicable zoning, permitting, and approvals. Looking for even more space? The basement provides additional possibilities for future finished living area. A wonderful combination of updates, outdoor space, and future potential...don’t miss this one! Schedule your showing today!

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$358/sqft

Local Avg (Methuen)$328/sqft

9% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Methuen, MA.

Financials

Original Price$649,000

Annual Taxes$5,289.44

Parking

Garage1

Off-Street6

Interior Specifications

Total Rooms6

Fireplaces1

FlooringWood, Tile, Hardwood

BasementFull, Partially Finished

Climate & Utilities

HeatingBaseboard, Oil

CoolingWindow Unit(s)

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningRB

Property & Lot

Acres0.53

SqFt Lot23,187

Lot FeaturesCorner Lot, Level

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First

Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1

Basement

Bathroom 2

Living Room

Lvl First

Wood / Coal / Pellet Stove, Flooring - Hardwood, Open Floorplan

Dining Room

Lvl First

Flooring - Hardwood

Kitchen

Lvl First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Stainless Steel Appliances

Primary Bedroom

Lvl First

Closet, Flooring - Hardwood

Bedroom 2

Lvl First

Bedroom 3

Lvl First

Closet, Flooring - Hardwood

Bathroom 1

Lvl First

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower

Bathroom 2

Lvl Basement

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Marble

Population

53,420

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$113K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

27.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,811 sq ft principal dwelling). Lot size: 23,187 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Methuen, MA market report ZIP 01844 market data

Listing Provided By

Listing Agent: J. Zanni

Listing Office: Buyers Only LLC

MLS® Number: 73577014