NOT LISTED FOR SALE

525 Prospect St Methuen, MA 01844

The East End Neighborhood

Estimated Value: $629,000 - $755,000

2 Beds
3 Baths
2,653 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 525 Prospect St, Methuen, MA 01844 and is currently estimated at $693,204, approximately $261 per square foot. 525 Prospect St is a home located in Essex County with nearby schools including Timony Grammar School and Methuen High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2009
Sold by
Delphia Paul D and Delphia Barbara K
Bought by
Timmons David E and Gureghian Tamar M
Current Estimated Value
$693,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$186,657
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$478,313

Purchase Details

Closed on
May 3, 1989
Sold by
Gallant Gilles
Bought by
Ganem Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
11.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Timmons David E $347,500 --
Timmons David E $347,500 --
Ganem Michael G $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmons David E $277,500
Closed Gallant Gilles M $277,500
Previous Owner Delphia Barbara K $25,000
Previous Owner Gallant Gilles M $105,000
Previous Owner Gallant Gilles M $100,000
Previous Owner Gallant Gilles M $30,000
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 $6,191 $585,200 $219,500 $365,700
2024 $6,056 $557,600 $191,900 $365,700
2023 $5,727 $489,500 $168,900 $320,600
2022 $5,495 $421,100 $138,200 $282,900
2021 $5,136 $389,400 $130,500 $258,900
2020 $5,110 $380,200 $130,500 $249,700
2019 $4,854 $342,100 $122,800 $219,300
2018 $4,619 $323,700 $115,100 $208,600
2017 $4,445 $303,400 $115,100 $188,300
2016 $4,243 $286,500 $107,400 $179,100
2015 $4,021 $275,400 $107,400 $168,000
Source: Public Records

Map

Massachusetts Essex County Methuen 01844 The East End

525 Prospect St, Methuen, MA

This home is located at 525 Prospect St, Methuen, MA 01844 and is currently estimated at $693,204, approximately $261 per square foot. 525 Prospect St is a home located in Essex County with nearby schools including Timony Grammar School and Methuen High School.

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