1 Independence Dr, Methuen, MA 01844 Property Records

Essex County and Methuen City property record for 1 Independence Dr, Methuen, MA 01844

Property Summary

Property Type	Apartments (5+ Units)
Details	20 bd · 24 ba · 21,744 sqft · built 1970
Lot Size	1.22 acres (53,331 sqft)
Owner	2 Company Names on File
Last Sale	$31,500,000 (Oct 2025)
Tax Bill	$46,674 (2026)
Deeds & Mortgages	Oct 2025 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`14572`

Property Details

APN / Parcel Number

Primary APN	`14572`
Alternative APN	`METH M:01010 B:00108A L:00456G`

Interior

Bedrooms	20 Beds
Full Baths	24 Baths
Total Rooms	89 Rooms
Units	24 Units
Stories	3 Stories
Building Area	21,744 sqft Living Area
Gross Area	23,217 sqft
Basement Area	7,002 sqft
Finished Basement	7,002 sqft
Unfinished Basement	7,002 sqft

Exterior

Year Built	Built 1970
Effective Year Built	Effective 1970
Architectural Style	Condo/Apartment
Exterior Material	Brick
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	53,331 sqft (1.22 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Hot Water
Heating Fuel	Gas

Location & Zoning

Account Number	14572
Street Address	1 INDEPENDENCE DR
City	METHUEN
State	MA
Zip	01844-5707
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	MB
Legal Subdivision	METHUEN
Legal Block	108A
Legal Lot Number	456G
Jurisdiction	METHUEN MA
Township / Civil Division	METHUEN TOWN
Census Block Group	3
Census Block	3000
Census Tract	252601

Owner

1 Independence Dr, a residential property, is owned by a company that bought it in October 2025.

Source: Essex County and Methuen City records, as of October 20, 2026

Owner of Record	2 Company Names on File
Mailing Address	1215 CHESTNUT ST, NEWTON UPPER FALLS, MA 02464-1308
Owner Type	Company
Vesting	Tenants in Common

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 30, 2025 · Amount on File
Deed Sale	Oct 30, 2025 · Amount on File
Prior Sale	Sep 1, 2017 · Amount on File
Deed Book / Page	18424 / 311
Prior Transfer Date	Oct 28, 2025
Prior Transfer Doc	018424-311
Record Updated	Oct 29, 2026

October 2025: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	METHUEN MA
Recording Date	Oct 30, 2025
Property Address	1 INDEPENDENCE DR, METHUEN, MA 01844-5707
Document Number	018424-311
Book / Page	18424 / 311
Instrument Date	Oct 28, 2025
Instrument	19033
Transaction Type	Transfer
Record Updated	Jan 26, 2026

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	1215 CHESTNUT ST, NEWTON, MA 02464-1308

Mortgage

Document Number	018424-322
Date	Oct 30, 2025
Book Page	18424/322
Instrument	19037

Lender

Name	EASTERN BANK
Type	Bank

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 1 Independence Dr was $46,674, up 2.2% from the year before.

Source: Essex County and Methuen City assessment roll, as of April 14, 2026

Property Jurisdictions

Type	Name
State	Massachusetts
County	Essex County
Municipality	Methuen City
Unified School District	Methuen School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026	$46,674.00 (+2.19%)	$4,487,900 (+3.96%) Land $1,344,000 Building $3,143,900
2025	$45,674.00 (+10.6%)	$4,317,000 (+13.53%) Land $1,248,000 Building $3,069,000
2024	$41,295.00 (+3.31%)	$3,802,500 (+11.3%) Land $1,080,000 Building $2,722,500
2023	$39,973.00	$3,416,500 Land $960,000 Building $2,456,500

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 1 Independence Dr in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1979.

Source: FEMA National Flood Hazard Layer, effective July 10, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1979)
Most Recent Claim	Jan 1979 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1 Independence Dr has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	METHUEN WATER DEPT serves 53,059 people · EPA ID MA3181000
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 206 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fiber · Fixed Wireless in parts of the area	980 / 880