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Single Family ResidenceResidential
$607,885$247 / 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 Sep 24, 2026

540 PROSPECT ST

METHUEN, MA 01844
4
Beds
2.5
Baths
2,466 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.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
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.

Valuation

$608K
$555K low$661K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,437 (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.$522,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$206,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$316,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$485,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$615,026

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.Ranch
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.28
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.Hot Water
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(6)

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 · 0.5 mi
H
Methuen High SchoolD+
High · Grades 9–12 · 0.5 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

540 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 97% of homes in Essex County
  • Bigger than 76% 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
$275K$957K

This home is worth more than 58% 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$607,885
CheaperTypical $583,756Pricier

Pricier than 58% of homes nearby

Price per ft²$247
CheaperTypical $330Pricier

Pricier than 9% of homes nearby

Living area2,466 ft²
SmallerTypical 1,870 ft²Bigger

Bigger than 76% of homes nearby

Lot size0.28 ac
SmallerTypical 0.28 acBigger

Bigger than 50% of homes nearby

Year built1955
OlderTypical 1969Newer

Newer than 37% of homes nearby

How 540 Prospect St ranks against every home in each area.
MeasureThis homeMethuen 01844Essex County
Estimated valuepricier than$607,88558% of homes36% of homes
Price per ft²pricier than$2479% of homes3% of homes
Living areabigger than2,466 ft²76% of homes72% of homes
Lot sizebigger than0.28 ac50% of homes52% of homes
Year builtnewer than195537% of homes48% of homes

About 540 Prospect St

How much is 540 Prospect St, Methuen, MA worth?

The TopHap Estimate for 540 Prospect St, Methuen, MA is $607,885 as of Sep 24, 2026. The likely range is $554,729 to $661,041. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Prospect St, Methuen, MA last sell?

540 Prospect St, Methuen, MA last sold on Apr 4, 2011, according to the county's recorded deed.

How big is 540 Prospect St, Methuen, MA?

540 Prospect St, Methuen, MA has 4 bedrooms, 2.5 bathrooms, 2,466 square feet of living space and a 0.28-acre lot.

When was 540 Prospect St, Methuen, MA built?

540 Prospect St, Methuen, MA was built in 1955, making it 71 years old. It is a ranch home. The building has 1 story.

What schools serve 540 Prospect St, Methuen, MA?

540 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 540 Prospect St, Methuen, MA compare to other homes in Methuen 01844?

Among the 15,025 homes in Methuen 01844, it is worth more than 58% of them ($607,885 against a typical $583,756), its price per square foot is higher than 9% of them ($247 against a typical $330), it is bigger than 76% of them (2,466 ft² against a typical 1,870 ft²), its lot is bigger than 50% of them (0.28 ac against a typical 0.28 ac) and it is newer than 37% of them (1955 against a typical 1969). Measured against all of Essex County, it is worth more than 36% 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 540 Prospect St, Methuen, MA?

The 2026 property tax bill for 540 Prospect St, Methuen, MA was $5,437. The county assessed it at $522,800.

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Assigned schools

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