48 Timber Ln Methuen, MA 01844
The East End NeighborhoodEstimated Value: $650,000 - $767,000
3
Beds
3
Baths
1,909
Sq Ft
$362/Sq Ft
Est. Value
About This Home
This home is located at 48 Timber Ln, Methuen, MA 01844 and is currently estimated at $691,363, approximately $362 per square foot. 48 Timber Ln is a home located in Essex County with nearby schools including Timony Grammar School, South Point Elementary School, and Methuen High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2004
Sold by
Burns Marcia L
Bought by
Figueroa Ramon S
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
$289,850
Outstanding Balance
$141,917
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$549,446
Purchase Details
Closed on
Aug 7, 1987
Sold by
Powers Roger T
Bought by
Burns Marcia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Figueroa Ramon S | $341,000 | -- | |
| Figueroa Ramon S | $341,000 | -- | |
| Burns Marcia L | $177,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Figueroa Ramon S | $289,850 | |
| Closed | Burns Marcia L | $289,850 | |
| Previous Owner | Burns Marcia L | $52,000 |
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 | $5,922 | $559,700 | $223,800 | $335,900 |
| 2024 | $5,956 | $548,400 | $203,400 | $345,000 |
| 2023 | $5,623 | $480,600 | $181,600 | $299,000 |
| 2022 | $5,343 | $409,400 | $145,300 | $264,100 |
| 2021 | $5,074 | $384,700 | $138,000 | $246,700 |
| 2020 | $5,029 | $374,200 | $138,000 | $236,200 |
| 2019 | $4,921 | $346,800 | $130,800 | $216,000 |
| 2018 | $4,745 | $332,500 | $130,800 | $201,700 |
| 2017 | $4,558 | $311,100 | $130,800 | $180,300 |
| 2016 | $4,501 | $303,900 | $130,800 | $173,100 |
| 2015 | $4,329 | $296,500 | $130,800 | $165,700 |
Source: Public Records
Map
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