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Single Family ResidenceResidential
$540,900$302 / 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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $490,000 on Mar 7, 2024

518 PROSPECT ST

METHUEN, MA 01844
4
Beds
1.5
Baths
1,789 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.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
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

$541K
$493K low$589K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$490,000 · Mar 7, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,947 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$467,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$192,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$274,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$515,280

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.Cape Cod
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.17
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.Steam
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, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

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 SchoolC
Elementary · Grades PK–8 · 0.6 mi
H
Methuen High SchoolD+
High · Grades 9–12 · 0.6 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%

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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

518 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.

  • Worth less than 76% of homes in Essex County
  • Costs less per square foot than 88% of homes in Essex County
  • Has a smaller lot than 81% of homes in Methuen 01844
  • Older than 77% of homes in Methuen 01844

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
$264K$959K

This home is worth more than 37% 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$540,900
CheaperTypical $579,771Pricier

Pricier than 37% of homes nearby

Price per ft²$302
CheaperTypical $327Pricier

Pricier than 33% of homes nearby

Living area1,789 ft²
SmallerTypical 1,871 ft²Bigger

Bigger than 45% of homes nearby

Lot size0.17 ac
SmallerTypical 0.28 acBigger

Bigger than 19% of homes nearby

Year built1930
OlderTypical 1968Newer

Newer than 23% of homes nearby

How 518 Prospect St ranks against every home in each area.
MeasureThis homeMethuen 01844Essex County
Estimated valuepricier than$540,90037% of homes24% of homes
Price per ft²pricier than$30233% of homes12% of homes
Living areabigger than1,789 ft²45% of homes48% of homes
Lot sizebigger than0.17 ac19% of homes32% of homes
Year builtnewer than193023% of homes35% of homes

About 518 Prospect St

How much is 518 Prospect St, Methuen, MA worth?

The TopHap Estimate for 518 Prospect St, Methuen, MA is $540,900 as of Aug 30, 2026. The likely range is $493,217 to $588,583. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 518 Prospect St, Methuen, MA last sell?

518 Prospect St, Methuen, MA last sold on Mar 7, 2024 for $490,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 518 Prospect St, Methuen, MA?

518 Prospect St, Methuen, MA has 4 bedrooms, 1.5 bathrooms, 1,789 square feet of living space and a 0.17-acre lot.

When was 518 Prospect St, Methuen, MA built?

518 Prospect St, Methuen, MA was built in 1930, making it 96 years old. It is a cape cod home. The building has 2 stories.

What schools serve 518 Prospect St, Methuen, MA?

518 Prospect St, Methuen, MA is assigned to Timony Grammar School (elementary), rated C; 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 518 Prospect St, Methuen, MA compare to other homes in Methuen 01844?

Among the 15,024 homes in Methuen 01844, it is worth more than 37% of them ($540,900 against a typical $579,771), its price per square foot is higher than 33% of them ($302 against a typical $327), it is bigger than 45% of them (1,789 ft² against a typical 1,871 ft²), its lot is bigger than 19% of them (0.17 ac against a typical 0.28 ac) and it is newer than 23% of them (1930 against a typical 1968). Measured against all of Essex County, it is worth more than 24% 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 518 Prospect St, Methuen, MA?

The 2025 property tax bill for 518 Prospect St, Methuen, MA was $4,947. The county assessed it at $467,600.

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