Last Sold Price
4 beds3,782 sqft$49/sqft
862 Riverside Dr, Methuen, MA 01844

Description

Move-in cond. Show unit #864 on 1st flr only - make offers cont upon seeing others. Est. Gross inc $25-27k act exp $7k. Est. Net inc. $18-20k. Easy to show. Lcbx-unit #864 only. Do not disturb tenants. They are unaware prop is on the market.Move-in cond. Show unit #864 on 1st flr only - make offers cont upon seeing others. Est. Gross inc $25-27k act exp $7k. Est. Net inc. $18-20k. Easy to show. Lcbx-unit #864 only. Do not disturb tenants. They are unaware prop is on the market.
LISTING CLOSED: 05/30/2000 12:00 AM

  1. Listed by Pamela Lebowitz • RE/MAX Partners

Property Details for 862 Riverside Drive

Status
MLS #
30398878
Days on Market
17
Taxes
$2,661 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 4 Family
Year Built
1940
Town
Methuen
Area
MA-Methuen
Garage Spaces
2
Open Parking Spaces
8.00
Parking Spaces Total
8

Recent comparable sales

Median sold price

$880,000

Avg days on market

64

Sale-to-list ratio

97.4%

Methuen, MA

9 comparable properties found

$880,000 | 72 Sherwood Drive, Unit 72, Methuen, MA 01844
1/43
1

$880,000

Sold 12/09/25

4
Bedrooms
3,271
Square Feet
Unavailable
Acres
a view of a white house next to a yard
1/37
2

$989,900

Sold 08/25/25

8
Bedrooms
3,508
Square Feet
0.28
Acres
$959,000 | 35 Harmony Lane, Methuen, MA 01844
1/40
3

$959,000

Sold 08/17/26

4
Bedrooms
3,740
Square Feet
0.56
Acres
$997,000 | 211 North Lowell Street, Methuen, MA 01844
1/41
4

$997,000

Sold 05/16/25

4
Bedrooms
3,749
Square Feet
6.92
Acres
a view of a white house with a yard covered in snow
1/43
5

$850,000

Sold 03/31/26

4
Bedrooms
2,394
Square Feet
0.57
Acres
a view of balcony and patio
1/35
6

$900,000

Sold 07/15/25

4
Bedrooms
4,252
Square Feet
1.1
Acres
a front view of a house with a yard
1/42
7

$806,000

Sold 03/09/26

4
Bedrooms
3,531
Square Feet
0.56
Acres
$849,900 | 90 Sherwood Drive, Unit 90, Methuen, MA 01844
1/43
8

$849,900

Sold 01/22/25

3
Bedrooms
3,539
Square Feet
Unavailable
Acres
a front view of a house with a garden and yard
1/43
9

$795,000

Sold 11/26/25

4
Bedrooms
3,145
Square Feet
1.88
Acres

Location

Listing Courtesy of RE/MAX Partners, Pamela Lebowitz

Sold By Olde Town Realty Piccolo, Linda Grodberg

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Building Information for 862 Riverside Drive

Stories6Residences4Year Built1940Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$1,162 per month

30 year fixed, 6.55% Interest

Principal and Interest

$940

Property Taxes

$222

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 862 Riverside Drive

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 3782.0
  • Color: GREY
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Unit 4(Range), Oil Water Heater, Tankless Water Heater, Leased Heater
  • Basement Features: Full, Walk Out, Concrete Floor
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 0
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Window Features: Storm Window(s)
Exterior Features
  • Construction: Frame
  • Lot Description: Other
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling: No
  • Electric: Individually Metered
  • Heating: Unit 1(Hot Water Baseboard, Gas, Unit Control), Unit 2(Hot Water Baseboard, Unit 3(Hot Water Baseboard, Unit 4(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public, City/Town Water
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: RENTED (4) HOT WATER HEATERS
Tax Information
  • Tax ID: 2042371
  • Assessments: $175,400
  • Block: 162
  • Book: 4962
  • Lot: 64
  • Map: 618
  • Tax Year: 2000
  • Zoning: RG
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 1891.0
  • Frontage: 0.00
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Electricity: $128.00
  • Annual Expenses Source: Owner
  • GOI: $27,000.00
  • Gross Scheduled Income: $528.00
  • Insurance: $598.00
  • GRE: $3,984
  • HTE: $0
  • MGF: $0
  • MSE: $2,000
  • RFS: $0
  • RME: $0
  • NOI: $22,476.00
  • Operating Expense: $3,984.00
  • WSE: $730.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,250.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Selling Broker Comp: 2.5

Property History for 862 Riverside Drive

DateEvent & SourcePriceAppreciation
May 30, 2000

Sold

MLS PIN #30398878

$185,000
Apr 20, 2000

Under Agreement

MLS PIN #30398878

Apr 20, 2000

Contingent

MLS PIN #30398878

DateEvent & SourcePrice
05/30/2000

Sold

MLS PIN #30398878

$185,000
04/20/2000

Under Agreement

MLS PIN #30398878

04/20/2000

Contingent

MLS PIN #30398878

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 862 Riverside Drive

This home is within Methuen School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Private - PK to 11
Private - PK to 8
Rating
School
Distance
Tenney Grammar School
PublicK to 8

Methuen High School
Public9 to 12

St. Ann's Home
PrivatePK to 11

Our Lady of Good Counsel School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 862 Riverside Drive, Methuen, MA 01844
$185,000
4
3,782
11,761
$305,000
4
3,662
11,874
$330,000
7
3,782
11,761
$305,000
8
3,662
11,875
$241,200
3
1,092
10,890
4
1.5
1,072
5,001

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Partners, Pamela Lebowitz

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.