Off market

Zestimate^®

$602,500

516 Prospect St, Methuen, MA 01844

5beds

2baths

2,136sqft

SingleFamily

Built in 1935

0.3 Acres Lot

$602,500 Zestimate^®

$282/sqft

$4,113 Estimated rent

Home value

$602,500

$560,000 - $639,000

$4,113/mo

Zestimate^® history

Owner options

List your home for rent

$4,113/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$4,113/mo

Rent Zestimate^®

Refinance and save

$3,749/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,749/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Spacious Colonial with loads of potential for investor or owner occupant. This single family home has a two family layout and features hardwood floors, built-ins, french doors, fireplace in living room and sits on a spacious corner lot with 2 car detached garage. Needs updates but this home is solid, a must see! This property does not qualify for FHA loan.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Other, Gas

Features

Basement: Unfinished
Has fireplace: Yes

Interior area

Total interior livable area: 2,136 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Other

Lot

Size: 0.3 Acres

Details

Parcel number: METHM00814B00093L00002

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial

Materials

Frame
Roof: Asphalt

Condition

Year built: 1935

Community & HOA

Location

Region: Methuen

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $490,900
Annual tax amount: $5,194

Price history

Date	Event	Price
4/5/2013	Sold	$178,000-10.3%$83/sqft
Source: Public Record Report a problem
12/1/2012	Listed for sale	$198,500$93/sqft
Source: Coco, Early & Associates #71457134 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,194 +4.4%	$490,900 +7.2%
2024	$4,974 +4.6%	$458,000 +12.7%
2023	$4,756	$406,500
2022	$4,756 +12.2%	$406,500 +26.5%
2021	$4,239 +0.6%	$321,400 +2.5%
2020	$4,213 +3.8%	$313,500 +9.6%
2019	$4,060 +4.9%	$286,100 +5.5%
2018	$3,870 +2.4%	$271,200 +5.1%
2017	$3,781 +2.9%	$258,100 +4%
2016	$3,674 +3.6%	$248,100 +2.1%
2015	$3,546 +3.1%	$242,900 +4.9%
2014	$3,438 +5.7%	$231,500 +2.5%
2013	$3,253 +10.4%	$225,900
2012	$2,946 -1.1%	$225,900 -3.7%
2011	$2,978 +1%	$234,700 -5.6%
2010	$2,948 +2.8%	$248,600 -6.3%
2009	$2,867 +2.7%	$265,200 -2.6%
2008	$2,792 +6.2%	$272,400
2007	$2,629 +4%	$272,400
2006	$2,528 +12.1%	$272,400 +21.3%
2005	$2,255 -0.3%	$224,600 +16.5%
2004	$2,262 0%	$192,800
2003	$2,263 +8%	$192,800 +38.4%
2001	$2,096 -0.8%	$139,300
2000	$2,113 -21.4%	$139,300 +16.6%
1998	$2,689	$119,500