NOT LISTED FOR SALE

40 Colonial Rd Methuen, MA 01844

The West End Neighborhood

Estimated Value: $641,000 - $703,000

3 Beds
3 Baths
2,005 Sq Ft
$336/Sq Ft Est. Value

About This Home

This home is located at 40 Colonial Rd, Methuen, MA 01844 and is currently estimated at $673,515, approximately $335 per square foot. 40 Colonial Rd is a home located in Essex County with nearby schools including Marsh Grammar School, South Point Elementary School, and Methuen High School.

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
$673,515

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
-$56,049,783

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

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

Massachusetts Essex County Methuen 01844 The West End

40 Colonial Rd, Methuen, MA

Not Listed for Sale

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