5 Walnut St Unit 1 Methuen, MA 01844
Downtown Methuen NeighborhoodEstimated Value: $705,000 - $753,461
2
Beds
1
Bath
2,289
Sq Ft
$319/Sq Ft
Est. Value
About This Home
This home is located at 5 Walnut St Unit 1, Methuen, MA 01844 and is currently estimated at $729,115, approximately $318 per square foot. 5 Walnut St Unit 1 is a home located in Essex County with nearby schools including Mendota Elementary School, Tenney Grammar School, and South Point Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2024
Sold by
Hernandez-Lopez Erick I
Bought by
Lane Walter and Lane Stephanie
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
$657,864
Outstanding Balance
$646,989
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$82,126
Purchase Details
Closed on
May 6, 2019
Sold by
Bormin Development Llc
Bought by
Hernandez-Lopez Erick I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,070
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 15, 2019
Sold by
Croteau Laurinette
Bought by
Bormin Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2006
Sold by
Croteau Stella and Croteau Albert
Bought by
Croteau Laurinette
Purchase Details
Closed on
May 12, 1997
Sold by
Blanchette Philippe
Bought by
Croteau Richard
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lane Walter | $670,000 | None Available | |
| Hernandez-Lopez Erick I | $493,000 | -- | |
| Bormin Development Llc | $300,000 | None Available | |
| Croteau Laurinette | -- | -- | |
| Croteau Laurinette | -- | -- | |
| Croteau Richard | $95,000 | -- | |
| Croteau Richard | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lane Walter | $657,864 | |
| Closed | Lane Walter | $657,864 | |
| Previous Owner | Hernandez-Lopez Erick I | $484,070 | |
| Previous Owner | Bormin Development Llc | $225,000 | |
| Previous Owner | Croteau Richard | $100,000 |
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 | $8,060 | $761,800 | $193,100 | $568,700 |
| 2024 | $7,485 | $689,200 | $176,100 | $513,100 |
| 2023 | $6,976 | $596,200 | $156,600 | $439,600 |
| 2022 | $6,405 | $490,800 | $130,500 | $360,300 |
| 2021 | $6,124 | $464,300 | $123,900 | $340,400 |
| 2020 | $4,907 | $365,100 | $123,900 | $241,200 |
| 2019 | $4,854 | $342,100 | $110,900 | $231,200 |
| 2018 | $4,528 | $317,300 | $110,900 | $206,400 |
| 2017 | $4,436 | $302,800 | $110,900 | $191,900 |
| 2016 | $4,197 | $283,400 | $104,400 | $179,000 |
Source: Public Records
Map
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