Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$630,386$315 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $335,000 on Jan 19, 2016

488 PROSPECT ST

METHUEN, MA 01844
3
Beds
2.5
Baths
2,004 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.
2000
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$630K
$559K low$702K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$335,000 · Jan 19, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,350 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$610,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$218,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$392,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$584,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$637,963

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.31
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Timony Grammar SchoolD
Elementary · Grades PK–8 · 0.8 mi
H
Methuen High SchoolD+
High · Grades 9–12 · 0.9 mi

District: Methuen School District

Neighborhood · ZIP 01844These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.77
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.94

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.54,537
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,372 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$92,027
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$114,832
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

488 Prospect St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs less per square foot than 84% of homes in Essex County
  • Newer than 89% of homes in Essex County

What homes are worth in Methuen 01844

Each bar is how many homes fall in that price range. The marker is this home.

This home
$275K$957K

This home is worth more than 64% of homes in Methuen 01844.

How it measures up in Methuen 01844

The dot is this home. The mark in the middle is the typical home in Methuen 01844.

Estimated value$630,386
CheaperTypical $583,756Pricier

Pricier than 64% of homes nearby

Price per ft²$315
CheaperTypical $330Pricier

Pricier than 41% of homes nearby

Living area2,004 ft²
SmallerTypical 1,870 ft²Bigger

Bigger than 58% of homes nearby

Lot size0.31 ac
SmallerTypical 0.28 acBigger

Bigger than 56% of homes nearby

Year built2000
OlderTypical 1969Newer

Newer than 87% of homes nearby

How 488 Prospect St ranks against every home in each area.
MeasureThis homeMethuen 01844Essex County
Estimated valuepricier than$630,38664% of homes41% of homes
Price per ft²pricier than$31541% of homes16% of homes
Living areabigger than2,004 ft²58% of homes57% of homes
Lot sizebigger than0.31 ac56% of homes56% of homes
Year builtnewer than200087% of homes89% of homes

About 488 Prospect St

How much is 488 Prospect St, Methuen, MA worth?

The TopHap Estimate for 488 Prospect St, Methuen, MA is $630,386 as of Sep 24, 2026. The likely range is $558,514 to $702,258. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 488 Prospect St, Methuen, MA last sell?

488 Prospect St, Methuen, MA last sold on Jan 19, 2016 for $335,000, according to the county's recorded deed.

How big is 488 Prospect St, Methuen, MA?

488 Prospect St, Methuen, MA has 3 bedrooms, 2.5 bathrooms, 2,004 square feet of living space and a 0.31-acre lot.

When was 488 Prospect St, Methuen, MA built?

488 Prospect St, Methuen, MA was built in 2000, making it 26 years old. It is a colonial home. The building has 2 stories.

What schools serve 488 Prospect St, Methuen, MA?

488 Prospect St, Methuen, MA is assigned to Timony Grammar School (elementary), rated D; Methuen High School (high), rated D+. All sit in Methuen School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 488 Prospect St, Methuen, MA compare to other homes in Methuen 01844?

Among the 15,025 homes in Methuen 01844, it is worth more than 64% of them ($630,386 against a typical $583,756), its price per square foot is higher than 41% of them ($315 against a typical $330), it is bigger than 58% of them (2,004 ft² against a typical 1,870 ft²), its lot is bigger than 56% of them (0.31 ac against a typical 0.28 ac) and it is newer than 87% of them (2000 against a typical 1969). Measured against all of Essex County, it is worth more than 41% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 488 Prospect St, Methuen, MA?

The 2026 property tax bill for 488 Prospect St, Methuen, MA was $6,350. The county assessed it at $610,600.

More homes on Prospect St

Closest homes

More homes in Methuen 01844

Assigned schools

Explore the area

See this home in context

Open 488 Prospect St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map