42 Butternut Ln Methuen, MA 01844
The West End NeighborhoodEstimated Value: $678,000 - $787,000
3
Beds
2
Baths
2,669
Sq Ft
$270/Sq Ft
Est. Value
About This Home
This home is located at 42 Butternut Ln, Methuen, MA 01844 and is currently estimated at $720,410, approximately $269 per square foot. 42 Butternut Ln 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
Sep 2, 2005
Sold by
Wood Cecile M and Wood Edward
Bought by
Johnston Mary and Johnston Nicholas
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
$320,000
Outstanding Balance
$168,660
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$551,750
Purchase Details
Closed on
Nov 22, 2004
Sold by
Wood Edward and Wood Cecile M
Bought by
Wood Rt and Wood
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnston Mary | $400,000 | -- | |
| Johnston Mary | $400,000 | -- | |
| Wood Rt | -- | -- | |
| Wood Rt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnston Mary | $320,000 | |
| Closed | Wood Rt | $320,000 | |
| Previous Owner | Wood Rt | $100,000 | |
| Previous Owner | Wood Rt | $67,500 |
Source: Public Records
Tax History Compared to Growth
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 | $6,187 | $584,800 | $246,400 | $338,400 |
| 2024 | $6,111 | $562,700 | $224,000 | $338,700 |
| 2023 | $5,713 | $488,300 | $200,000 | $288,300 |
| 2022 | $5,349 | $409,900 | $160,000 | $249,900 |
| 2021 | $5,098 | $386,500 | $152,000 | $234,500 |
| 2020 | $5,113 | $380,400 | $152,000 | $228,400 |
| 2019 | $4,972 | $350,400 | $144,000 | $206,400 |
| 2018 | $4,869 | $341,200 | $144,000 | $197,200 |
| 2017 | $4,726 | $322,600 | $144,000 | $178,600 |
| 2016 | $4,548 | $307,100 | $144,000 | $163,100 |
| 2015 | $4,371 | $299,400 | $144,000 | $155,400 |
Source: Public Records
Map
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