NOT LISTED FOR SALE

42 University Ln Methuen, MA 01844

The West End Neighborhood

Estimated Value: $577,000 - $635,301

3 Beds
3 Baths
1,542 Sq Ft
$397/Sq Ft Est. Value

About This Home

This home is located at 42 University Ln, Methuen, MA 01844 and is currently estimated at $612,825, approximately $397 per square foot. 42 University Ln is a home located in Essex County with nearby schools including Marsh Grammar School, Methuen High School, and Fellowship Christian Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Perocchi Charles J and Perocchi Jane M
Bought by
Neel Patrick S and Neel Amy N
Current Estimated Value
$612,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$479,598
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$136,279
Source: Public Records

Range of Values:

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
Neel Patrick S $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neel Patrick S $480,000
Closed Neel Patrick S $480,000
Previous Owner Perocchi Charles J $25,000
Previous Owner Perocchi Charles J $50,000
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 $5,667 $535,600 $240,100 $295,500
2024 $5,517 $508,000 $219,000 $289,000
2023 $5,269 $450,300 $194,700 $255,600
2022 $4,879 $373,900 $162,200 $211,700
2021 $4,825 $365,800 $154,100 $211,700
2020 $4,812 $358,000 $154,100 $203,900
2019 $4,549 $320,600 $137,900 $182,700
2018 $4,342 $304,300 $137,900 $166,400
2017 $4,458 $304,300 $137,900 $166,400
2016 $4,145 $279,900 $129,800 $150,100
2015 $4,040 $276,700 $129,800 $146,900
Source: Public Records

Map

Massachusetts Essex County Methuen 01844 The West End

42 University Ln, Methuen, MA

This home is located at 42 University Ln, Methuen, MA 01844 and is currently estimated at $612,825, approximately $397 per square foot. 42 University Ln is a home located in Essex County with nearby schools including Marsh Grammar School, Methuen High School, and Fellowship Christian Academy.

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