5 Constitution Way Methuen, MA 01844
The East End NeighborhoodEstimated Value: $314,000 - $354,000
3
Beds
2
Baths
1,242
Sq Ft
$272/Sq Ft
Est. Value
About This Home
This home is located at 5 Constitution Way, Methuen, MA 01844 and is currently estimated at $338,116, approximately $272 per square foot. 5 Constitution Way is a home located in Essex County with nearby schools including Timony Grammar School, Methuen High School, and Community Day Charter Public School - Gateway.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 13, 2013
Sold by
Patel Bharviben S and Patel Suresh R
Bought by
Patel Sohil D
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
$100,100
Outstanding Balance
$74,679
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$263,437
Purchase Details
Closed on
Jul 21, 2000
Sold by
Shahu Prakash and Shah Shaila P
Bought by
Patel Suresh R and Patel Bharviben S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 2, 1996
Sold by
Chretien Susan
Bought by
Shah Prakash
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Sohil D | $130,000 | -- | |
| Patel Suresh R | $100,000 | -- | |
| Shah Prakash | $61,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Sohil D | $100,100 | |
| Closed | Patel Sohil D | $5,462 | |
| Closed | Patel Sohil D | $26,000 | |
| Previous Owner | Shah Prakash | $104,000 | |
| Previous Owner | Shah Prakash | $80,000 |
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 | $3,141 | $296,900 | $0 | $296,900 |
| 2024 | $2,839 | $261,400 | $0 | $261,400 |
| 2023 | $2,642 | $225,800 | $0 | $225,800 |
| 2022 | $2,695 | $206,500 | $0 | $206,500 |
| 2021 | $2,597 | $196,900 | $0 | $196,900 |
| 2020 | $2,251 | $167,500 | $0 | $167,500 |
| 2019 | $2,302 | $162,200 | $0 | $162,200 |
| 2018 | $2,277 | $159,600 | $0 | $159,600 |
| 2017 | $2,064 | $140,900 | $0 | $140,900 |
| 2016 | $2,008 | $135,600 | $0 | $135,600 |
| 2015 | $1,824 | $124,900 | $0 | $124,900 |
Source: Public Records
Map
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