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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

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William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 261 Oak Street, Methuen, MA 01844
Active Under Contract
22 Days on market
261 Oak Street Methuen — Photo 1 of 35

261 Oak Street Methuen — Photo 1 of 35

$879,800

261 Oak Street, Methuen, MA 01844

Methuen, MA 01844 — East Methuen

Beds

6

Baths

3.5

SqFt

5,282

Style

Single Family

Built

2004

Welcome home to this one-owner 10 room custom built Colonial situated on a beautifully landscaped lot in a prime Methuen location. Offering convenient access to interstates for an easy commute to the City of Boston or the local coastline. Just minutes to the popular Salem New Hampshire Tuscan Village! This thoughtfully designed home features a flexible floor plan, gourmet custom kitchen packed with solid cherry cabinets, granite center island w/prep sink, upgraded newer stainless-steel appliances, dramatic sunken family room w/fireplace, formal dining room, primary suite with private luxury bathroom design w/ensuite bath and walk in closet, 6 bedrooms in total with room for a potential 7th, 3.5 baths, 2nd floor laundry room, and an oversized 2 car garage with plenty of storage. The outdoor space features a wrap-around farmer’s porch, large composite deck, irrigation system, mature plantings and a semi-circular driveway. This property is a great option for those with an extended family in need of a flexible floor plan. Fully finished lower-level offering walkout entrance to the rear of property. Make your appointment today for a private viewing. See the attached list of updates and property maintenance progress. A true multi-generational option!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$167/sqft
Local Avg (Methuen)$312/sqft
46% BelowMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Methuen, MA.

Property Details

Financials

Original Price$879,800
Annual Taxes$7,610

Parking

Garage2
Off-Street12

Interior Specifications

Total Rooms10
Fireplaces1
FlooringWood, Tile, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull, Finished, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air, Dual
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofAsphalt/Composition Shingles
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.35
SqFt Lot15,198
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • ENERGY STAR Qualified Dishwasher • Vacuum System • Range Hood • Cooktop

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Dining RoomFamily RoomBathroom 1
Basement
Bedroom 5
Main,First
Kitchen
Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl Main,First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Pot Filler Faucet, Gas Stove, Lighting - Overhead

Family Room
Lvl First

Flooring - Wall to Wall Carpet, Open Floorplan, Sunken, Lighting - Sconce

Master Bedroom
Lvl Second

Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

Ceiling Fan(s), Flooring - Wall to Wall Carpet

Bedroom 5
Lvl Basement

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Double Vanity

Bathroom 3
Lvl Second

Bathroom - Full

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

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '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 5,282 sq ft principal dwelling). Lot size: 15,198 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: Steven Thornhill

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73557205

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