8 Gervais Way Methuen, MA 01844
Downtown Methuen NeighborhoodEstimated Value: $388,000 - $448,000
3
Beds
2
Baths
1,292
Sq Ft
$316/Sq Ft
Est. Value
About This Home
This home is located at 8 Gervais Way, Methuen, MA 01844 and is currently estimated at $408,667, approximately $316 per square foot. 8 Gervais Way 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
Aug 25, 2020
Sold by
Panarello Cynthia
Bought by
Specht Ronald E and Latulippe Jean L
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
$218,400
Outstanding Balance
$193,816
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$214,851
Purchase Details
Closed on
Sep 10, 2014
Sold by
Fillipon Lt and Fillipon Nicole
Bought by
Panarello Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 22, 2013
Sold by
Fillipon Daniel N
Bought by
Fillipon Lt and Fillipon Daniel N
Purchase Details
Closed on
Jan 5, 2004
Sold by
Faucher Mary A
Bought by
Fillipon Daniel N
Purchase Details
Closed on
Jun 25, 1991
Sold by
R & J Rt
Bought by
Faucher Rene W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Specht Ronald E | $273,000 | None Available | |
| Panarello Cynthia | -- | -- | |
| Fillipon Lt | -- | -- | |
| Fillipon Daniel N | $225,000 | -- | |
| Faucher Rene W | $107,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Specht Ronald E | $218,400 | |
| Previous Owner | Panarello Cynthia | $114,000 | |
| Previous Owner | Faucher Rene W | $74,100 | |
| Previous Owner | Faucher Rene W | $72,500 |
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 | $3,387 | $320,100 | $0 | $320,100 |
| 2024 | $3,367 | $310,000 | $0 | $310,000 |
| 2023 | $3,281 | $280,400 | $0 | $280,400 |
| 2022 | $3,337 | $255,700 | $0 | $255,700 |
| 2021 | $4,142 | $314,000 | $0 | $314,000 |
| 2020 | $3,966 | $295,100 | $0 | $295,100 |
| 2019 | $4,178 | $294,400 | $0 | $294,400 |
| 2018 | $4,021 | $281,800 | $0 | $281,800 |
| 2017 | $3,528 | $240,800 | $0 | $240,800 |
| 2016 | $3,300 | $222,800 | $0 | $222,800 |
| 2015 | $3,127 | $214,200 | $0 | $214,200 |
Source: Public Records
Map
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