505 Prospect St, #2, Methuen, MA 01844 Property Records

Essex County and Methuen City property record for 505 Prospect St, #2, Methuen, MA 01844

Property Summary

Property TypeCondominium
Details1 bd · 1 ba · 896 sqft · built 1883
Lot Size0.235 acres (10,248 sqft)
OwnerIndividual Name on Record
Last Sale$130,000 (Sep 2018)
Tax Bill$2,285 (2026)
Deeds & MortgagesSep 2018 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN12861

Property Details

APN / Parcel Number

Primary APN12861
Alternative APNs
  • METH M:00914 B:00088 L:022U2
  • M:00914 B:00088A L:00022B

Interior

Bedrooms1 Bed
Full Baths1 Bath
Total Rooms4 Rooms
Stories1 Story
Building Area896 sqft Living Area
Gross Area982 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1883
Effective Year BuiltEffective 1883
Architectural StyleCondo/Apartment
Exterior MaterialWood Siding
Construction TypeFrame
Roof TypeHip
Roof MaterialAsphalt
Lot Area10,248 sqft

Utilities, Heating & Cooling

Heating SystemHot Water
Heating FuelOil

Location & Zoning

Account Number12861
Street Address505 PROSPECT ST, 2
CityMETHUEN
StateMA
Zip01844-5149
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Local Zoning CodeRC
Legal Block88
Legal Lot Number22U2
JurisdictionMETHUEN MA
Township / Civil DivisionMETHUEN TOWN
Census Block Group2
Census Block2002
Census Tract252501

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Mailing Address505 PROSPECT ST, 2, METHUEN, MA 01844-5149
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 7, 2018 · Amount on Record
Deed SaleSep 7, 2018 · Amount on Record
Record UpdatedOct 29, 2026

September 2018: Condominium Deed, Transfer

Document TypeCondominium Deed
JurisdictionMETHUEN MA
Recording DateSep 7, 2018
Property Address505 PROSPECT ST # 2, 2, METHUEN, MA 01844-5149
Document Number0000118659
Instrument DateSep 6, 2018
Instrument118659
Transaction TypeTransfer
Record UpdatedSep 27, 2018

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$592.80
Amount AccuracyConfirmed

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address505 PROSPECT ST METHUEN MA 018445149, METHUEN, MA 01844-5149

Mortgage

Document Number118660
DateSep 7, 2018
Instrument118660
Lender
NameSANTANDER BK NA
TypeBank
Agreement
TypeConventional with PMI
AmountAmount Recorded
Term360 Months
DueSep 6, 2048

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMassachusetts
CountyEssex County
MunicipalityMethuen City
Unified School DistrictMethuen School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$2,285.00 (+3.63%)$219,700 (+5.42%) Building $219,700$248,544 (+9.6%)
2025$2,205.00 (+11.2%)$208,400 (+14.13%) Building $208,400$226,765
2024$1,983.00 (+2.91%)$182,600 (+10.87%) Building $182,600
2023$1,927.00$164,700 Building $164,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 units insured
incl. 2 condo units

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

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

Wildfire RiskNot 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 SystemMETHUEN WATER DEPT
serves 53,059 people · EPA ID MA3181000
Water SourceSurface water
Last State InspectionAug 2025
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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 323 locations within half a mile, as of December 31, 2025

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

May also be available: T-Mobile.

Nearby Properties on Prospect St

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