NOT LISTED FOR SALE

585 Prospect St Methuen, MA 01844

The East End Neighborhood

Estimated Value: $734,000 - $790,000

4 Beds
3 Baths
2,530 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $290,000 $115 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,629/month

106 Days on Market

About This Home

As of September 2016

Back on the market! Buyer financing fell through. Colonial, unique federal with new windows throughout! Has 8 rooms, 4 bedrooms, 1 full bath, 2 half baths. A large 6500 square foot barn and four car bays. Great home for extended family or an in-law suite. Convenient to hospital and major highways.

Last Agent to Sell the Property

Connie Doto

Connie Doto Realty Group Listed on: 04/27/2016

Last Buyer's Agent

Kelly Bruno

Compass

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,466

Year Built

1810

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1810

Interior Features

  • Fireplaces: 6
  • Has Basement: Yes
  • Fireplaces: 6
  • Number of Rooms: 8
  • Amenities: Shopping, Highway Access
  • Electric: Circuit Breakers
  • Energy: Storm Windows, Insulated Doors
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Insulation: Full, Mixed
  • Interior Amenities: Security System, Cable Available
  • Basement: Full, Concrete Floor
  • Bedroom 2: Second Floor, 15X15
  • Bedroom 3: Second Floor, 15X15
  • Bedroom 4: Second Floor, 9X12
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor, 15X26
  • Master Bedroom: First Floor, 15X15
  • Master Bedroom Description: Bathroom - Half, Fireplace, Flooring - Hardwood
  • Dining Room: First Floor, 15X15
  • Oth1 Room Name: Mud Room
  • Oth1 Dimen: 8X8
  • Oth2 Room Name: Kitchen
  • Oth2 Dimen: 12X12
  • Oth2 Dscrp: Fireplace
  • Oth3 Room Name: Foyer
  • Oth3 Dscrp: Closet - Cedar, Flooring - Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Post & Beam
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Heating: Hot Water Baseboard, Hot Water Radiators, Steam
  • Heat Zones: 3
  • Hot Water: Oil
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: RC

Multi Family

  • Foundation: Irreg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Walker Karen S
Bought by
Karon S Walker Ret
Current Estimated Value
$758,669

Purchase Details

Listed on
Apr 27, 2016
Closed on
Sep 9, 2016
Sold by
Mjc Development Corp
Bought by
Walker Karen S and Walker Michael H
Seller's Agent
Connie Doto
Connie Doto Realty Group
Buyer's Agent
Kelly Bruno
Compass
List Price
$299,800
Sold Price
$290,000
Premium/Discount to List
-$9,800
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jul 31, 2015
Sold by
Salois Russell E and Salois Cheryl A
Bought by
Mjc Development Corp
Seller's Agent
Connie Doto
Connie Doto Realty Group
Buyer's Agent
Judy Speight
Better Homes and Gardens Real Estate - The Masiello Group
List Price
$337,777
Sold Price
$300,000
Premium/Discount to List
-$37,777
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.03%

Purchase Details

Closed on
Oct 2, 2006
Sold by
Salois Russell E
Bought by
Salois Cheryl A and Salois Russell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1993
Sold by
Fary Henry J
Bought by
Salois Russell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1989
Sold by
Jenkins Thomas W
Bought by
Fary Henry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Karon S Walker Ret -- None Available
Walker Karen S $290,000 --
Mjc Development Corp $300,000 --
Salois Cheryl A -- --
Salois Russell E -- --
Salois Russell E $235,000 --
Fary Henry J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salois Russell E $286,000
Previous Owner Fary Henry J $200,000
Previous Owner Fary Henry J $160,000
Previous Owner Fary Henry J $185,000
Previous Owner Fary Henry J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $290,000 -3.3% $115 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $299,800 0.0% $118 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $299,800 -0.1% $118 / Sq Ft
08/03/2015 08/03/15 Sold $300,000 -24.4% $119 / Sq Ft
07/07/2015 07/07/15 Price Changed $396,800 +17.5% $157 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $337,777 -- $134 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,466 $705,700 $297,000 $408,700
2024 $7,164 $659,700 $259,700 $400,000
2023 $6,859 $586,200 $228,600 $357,600
2022 $6,537 $500,900 $187,200 $313,700
2021 $6,194 $469,600 $176,900 $292,700
2020 $6,169 $459,000 $176,900 $282,100
2019 $5,957 $419,800 $166,500 $253,300
2018 $5,694 $399,000 $156,000 $243,000
2017 $5,516 $376,500 $156,000 $220,500
2016 $5,508 $371,900 $147,100 $224,800
2015 $5,328 $364,900 $147,100 $217,800
Source: Public Records

Agents Affiliated with this Home

  • Connie Doto

    Seller's Agent in 2016

    Connie Doto

    Connie Doto Realty Group

    (978) 697-5488

    20 in this area

    145 Total Sales

    Connie Doto
    Section Image
  • Kelly Bruno

    Buyer's Agent in 2016

    Kelly Bruno

    Compass

    (617) 429-5857

    24 Total Sales

    Kelly Bruno
    Section Image
  • Judy Speight

    Buyer's Agent in 2015

    Judy Speight

    Better Homes and Gardens Real Estate - The Masiello Group

    (978) 273-0367

    1 in this area

    17 Total Sales

    Judy Speight
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71995892

MLS Property Information Network (MLS PIN)

APN: METH-000814-000080-000002

Massachusetts Essex County Methuen 01844 The East End

585 Prospect St, Methuen, MA

This home is located at 585 Prospect St, Methuen, MA 01844 since 27 April 2016 and is currently estimated at $758,669, approximately $299 per square foot. This property was built in 1810. 585 Prospect St is a home located in Essex County with nearby schools including Timony Grammar School and Methuen High School.

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