40 Colonial Rd Methuen, MA 01844
The West End NeighborhoodEstimated Value: $630,000 - $682,650
3
Beds
3
Baths
2,005
Sq Ft
$328/Sq Ft
Est. Value
About This Home
This home is located at 40 Colonial Rd, Methuen, MA 01844 and is currently estimated at $657,413, approximately $327 per square foot. 40 Colonial Rd is a home located in Essex County with nearby schools including Marsh Grammar School, Methuen High School, and The Birches Academy of Academics and Art.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2021
Sold by
Colonial Road Owner Llc
Bought by
Nbi Colonial Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,850,000
Outstanding Balance
$56,723,298
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
-$56,065,885
Purchase Details
Closed on
Apr 24, 2020
Sold by
Univar Solutions Usa Inc
Bought by
Colonial Road Owner Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2002
Sold by
Taylor Rt
Bought by
Pinet Daniel S and Pinet Lori L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nbi Colonial Llc | $49,300,000 | None Available | |
| Colonial Road Owner Llc | $1,525,000 | None Available | |
| Pinet Daniel S | $83,500 | -- | |
| Pinet Daniel S | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nbi Colonial Llc | $62,850,000 | |
| Previous Owner | Colonial Road Owner Llc | $11,250,000 | |
| Previous Owner | Pinet Daniel S | $183,500 | |
| Previous Owner | Pinet Daniel S | $160,000 |
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 | $6,499 | $614,300 | $207,200 | $407,100 |
| 2024 | $6,525 | $600,800 | $189,000 | $411,800 |
| 2023 | $6,295 | $538,000 | $168,000 | $370,000 |
| 2022 | $6,004 | $460,100 | $140,000 | $320,100 |
| 2021 | $5,660 | $429,100 | $133,000 | $296,100 |
| 2020 | $5,606 | $417,100 | $133,000 | $284,100 |
| 2019 | $5,577 | $393,000 | $119,000 | $274,000 |
| 2018 | $5,425 | $380,200 | $119,000 | $261,200 |
| 2017 | $5,253 | $358,600 | $119,000 | $239,600 |
| 2016 | $5,144 | $347,300 | $112,000 | $235,300 |
| 2015 | $4,945 | $338,700 | $112,000 | $226,700 |
Source: Public Records
Map
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