NOT LISTED FOR SALE

542 Prospect St Methuen, MA 01844

The East End Neighborhood

Estimated Value: $723,620 - $752,000

4 Beds
3 Baths
3,172 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2020

Last sale price $490,000 $154 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,400 / mo

About This Home

Looking for timeless beauty? Then welcome to this lovely home! This bright & inviting, one of a kind splendid stately Victorian home w/ grand turret exudes charm! Your new home has has been updated throughout w/ new roof & modern upgrades w/ hints of the charms of yesteryear! Home boasts a beautiful detailed period staircase with a stained glass window, wainscoting, gleaming hardwood floors, detailed crown moldings throughout main level along w/ a formal living room & dining room w/ french doors! Over-sized family room that offers a gorgeous fireplace fit for game day & movie nights w/ bar area for entertaining! Stunning kitchen w/ custom cabinetry, stainless steel appliances, granite counters & mosaic back-splash! 2nd level offers ample sized bedrooms, a master bedroom with walk in closet and sitting area, double vanity main bathroom with tiling! Ready to enjoy some summer fun? Oversized yard provides a beautiful stone patio that leads to an above ground pool! Make this home yours!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 13, 2020
Sold by
Taveras Rafael and Taveras Paulina
Bought by
Menendez Alex and Menendez Amy
Seller's Agent
Olivares & Molina Team
Realty One Group Nest
Buyer's Agent
Carlos Cartagena
Keller Williams Realty Evolution
List Price
$479,900
Sold Price
$490,000
Premium/Discount to List
$10,100
2.1%
Current Estimated Value
$734,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,655
Avg. Annual Appreciation
7.63%
Original Mortgage
$465,500
Outstanding Balance
$407,431
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$327,224

Purchase Details

Listed on
Aug 8, 2015
Closed on
Dec 11, 2015
Sold by
Furtado Elizabeth and Bairos John S
Bought by
Taveras Rafael and Taveras Paulina
Seller's Agent
Olivares & Molina Team
Realty One Group Nest
Buyer's Agent
Olivares & Molina Team
Realty One Group Nest
List Price
$382,500
Sold Price
$355,000
Premium/Discount to List
-$27,500
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$337,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Mattheson Craig and Mattheson Roseanne J
Bought by
Bairos John

Purchase Details

Closed on
Jun 20, 1996
Sold by
Pappalardo Fred
Bought by
Mattheson Craig
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menendez Alex $490,000 None Available
Taveras Rafael $355,000 --
Bairos John $228,000 --
Bairos John S $228,000 --
Bairos John $228,000 --
Mattheson Craig $135,000 --
Mattheson Craig S $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menendez Alex $465,500
Closed Menendez Alex $465,500
Previous Owner Taveras Rafael $337,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2020 10/14/20 Sold $490,000 +2.1% $154 / Sq Ft View Prior Sale
09/09/2020 09/09/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $479,900 0.0% $151 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $479,900 +35.2% $151 / Sq Ft
12/11/2015 12/11/15 Sold $355,000 -5.3% $112 / Sq Ft View Prior Sale
10/29/2015 10/29/15 Pending -- -- --
09/13/2015 09/13/15 Price Changed $374,900 -1.3% $118 / Sq Ft
09/02/2015 09/02/15 Price Changed $379,900 -0.7% $120 / Sq Ft
08/08/2015 08/08/15 For Sale $382,500 -- $121 / Sq Ft

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 $6,383 $603,300 $238,200 $365,100
2024 $6,226 $573,300 $208,200 $365,100
2023 $5,889 $503,300 $183,200 $320,100
2022 $5,634 $431,700 $149,900 $281,800
2021 $5,283 $400,500 $141,600 $258,900
2020 $5,228 $389,000 $141,600 $247,400
2019 $5,045 $355,500 $133,300 $222,200
2018 $4,786 $335,400 $124,900 $210,500
2017 $4,514 $308,100 $124,900 $183,200
2016 $3,744 $252,800 $116,600 $136,200
2015 $3,624 $248,200 $116,600 $131,600
Source: Public Records

Agents Affiliated with this Home

  • Olivares & Molina Team

    Seller's Agent in 2020

    Olivares & Molina Team

    Realty One Group Nest

    (978) 326-9200

    30 in this area

    375 Total Sales

    Olivares & Molina Team
    Section Image
  • Denise Olivares

    Seller Co-Listing Agent in 2020

    Denise Olivares

    Realty One Group Nest

    (978) 360-3769

    3 in this area

    61 Total Sales

    Denise Olivares
    Section Image

  • C

    Buyer's Agent in 2020

    Carlos Cartagena

    Keller Williams Realty Evolution

    Section Image
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Map

Massachusetts Essex County Methuen 01844 The East End

542 Prospect St, Methuen, MA

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