497 Prospect St, Methuen, MA 01844
Property image
Property image
OFF MARKET

$796,500

Trulia Estimate
  • 4 Beds
  • 1.5 Baths
  • 3,104 sqft (on 0.42 acres)

497 Prospect St, Methuen, MA 01844

Est. Refi. Payment $4,964/mo*
Refinance Your Home
Currently Off Market - Sold Oct 15, 2024 for $730,000

Home Value

Trulia Estimate
$797K
Since last month
Decreased$11K (-1.3%)
Since last year
Increased$44K (+5.9%)
Since last sale
Increased$67K (+9.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +106% in the last 10 years
MonthEstimated value
2026
September 2026$797K
August 2026$797K
July 2026$808K
June 2026$814K
May 2026$793K
April 2026$766K
March 2026$748K
February 2026$750K
January 2026$747K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.24
Single-Family Home
$780,000
06/25/26
5
2
3,104
0.25
Single-Family Home
$726,826
10/31/25
4
1.5
3,248
0.24
Single-Family Home
$700,000
05/21/26
4
2
2,435
0.14
Single-Family Home
$642,000
09/25/25
3
2
2,069
0.27
Single-Family Home
$650,000
02/24/26
3
2
1,897
0.35
Single-Family Home
$585,000
12/02/25
3
1.5
1,844
0.48
Single-Family Home
$750,000
06/12/26
4
2.5
3,036
0.20
Single-Family Home
$550,000
07/09/26
3
1.5
1,945
0.18
Single-Family Home
$600,000
07/15/26
4
2
2,142
0.36
Single-Family Home
$806,000
03/09/26
4
3
3,531

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$576,000
4
1.5
1,789
Off Market
0.07
-
6
2.5
3,324
Off Market
0.08
$545,000
2
1
1,496
Off Market
0.09
$714,300
5
2
2,737
Off Market
0.09
$640,000
5
2
2,440
Off Market
0.09
$651,100
4
2
1,767
Off Market
0.11
$494,100
3
1
1,104
Off Market
0.12
-
4
2
3,136
Off Market
0.14
$643,000
3
2
2,069
Off Market
0.14
$627,900
3
1.5
1,267
Off Market
0.17
$560,000
2
1
1,488
Recently Sold

Local Information

  • Map ViewExplore the area around 497 Prospect St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
0.42 acre lot
3,104 sqft
$257/sqft
Garage

About this House

This is a must see completely renovated 4-bedroom, 1.5-bath home is a stunning example of modern living. A top-to-bottom transformation has created a stylish and functional space. New roof, electric, plumbing, HVAC, insulation, gutters and windows are just the beginning. The kitchen along with all new appliances and bathrooms are modern marvels, while hardwood floors, a cozy fireplace, and a spacious basement offer comfort and potential. Enjoy outdoor living on the new rear porch with sliding door, all while benefiting from two new central AC units. The large yard and two-car garage complete this picture-perfect property. Conveniently located near shopping and grocery stores, this home offers the best of both worlds. Make sure to check out our 3d tour and video. Open House Saturday 08/24 from 2:00-3:00pm
497 Prospect St, Methuen, MA 01844 is a 4 bedroom, 2 bathroom, 3,104 sqft single-family home built in 1900. It last sold for the $729,900 asking price on Oct 15, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $796,500, with a rent estimate of $3,778/month.
Last check for updates: about 4 hours ago
Listed by Jose Frias, (978) 902-1561
Realty ONE Group Nest, (978) 655-1385
Bought with: NE Home Team, (978) 804-4788, Compass, (978) 248-8081
Source: MLS PIN, MLS#73273696

Home Details for 497 Prospect St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3104 Square Feet
Appliances & Utilities
Utilities: for Gas RangeAppliances: Gas Water Heater, Range, Microwave, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Has a FireplaceNo Spa
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Flooring: Tile, Hardwood
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood
Security
Security: Security System

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, PatioExterior: Deck, Patio, Rain GuttersFoundation: Stone
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 4Has a GarageHas Open ParkingParking Spaces: 6Parking: Paved Drive
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape
Building
Construction Materials: FrameNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: M:00914 B:00088 L:00001, 2047156

Price & Status

Price
List Price: $729,900
Status Change & Dates
Off Market Date: Sun Sep 08 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Methuen

Building

Building Area
Building Area: 3104 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.42 acres

Offer

Contingencies: Pending P&S

Miscellaneous

BasementMls Number: 73273696

Price and Tax history

DateEventPrice
Oct 15, 2024
Source: MLS PIN #73273696
Sold
$730,000
Aug 27, 2024
Source: MLS PIN #73273696
Contingent
$729,900
Aug 5, 2024
Source: MLS PIN #73273696
Listed For Sale
$729,900
Jul 23, 2020
Source: N/A
Sold
$370,000
May 28, 2020
Source: Agent Provided
Pending
$385,000

Market trends in Methuen

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$568K
$1.67K
MoM
Sale-to-List Price
101.3%
0.4%
MoM
Price per sq ft
$345
$15
MoM
Available listings
102
8
MoM

What Locals Say about Methuen

At least 439 Trulia users voted on each feature.
  • 83 % Say car is needed

  • 80 % Say it's dog friendly

  • 79 % Say parking is easy

  • 76 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 65 % Say kids play outside

  • 62 % Say there are sidewalks

  • 58 % Say people would walk alone at night

  • 56 % Say streets are well-lit

  • 54 % Say it's quiet

  • 54 % Say they plan to stay for at least 5 years

  • 51 % Say it's walkable to restaurants

  • 51 % Say there's wildlife

  • 50 % Say neighbors are friendly

  • 50 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • SusanB
    "Oak St. has easy access to highways on either end of street, also very close to Shopping, Restaurants, and Hospitals. Kids played in yard all the time. Speed limit was just dropped from 25 mph to 20 mph. It is a very quiet street. It looks busier than it actually is. Great place to raise a family."
  • Jasmine Cordero
    "Ive lived in this neighborhood since 2007 and i have never had any issues with anyone around here except for the on coming traffic this street is unforgiving if you’re not careful. The majority of people drive way to fast and they never stop to let anyone cross unless they have a red light so if it’s yellow be careful because the majority are going to speed up even faster to try to get passed the light before it turns red so if you have little ones i would definitely be very careful with children on Pelham Street in Methuen for sure otherwise no issues with the area "
  • Trulia User
    "I leave on this neighborhood for 2 years and never have any problems all quiet good neighbors definitely a good neighborhood "
  • Trulia User
    "Nice place to leave with the family and for older people,,, im leaving here for 2 years never have problems with neighbors "
  • Lou Grasso
    "Safe, quiet and friendly neighborhood. Lived here since 1983. All 3 of our children went to public school system. "
  • Trulia User
    "This is a great place to raise your children and bring family. There is a level of respect and appreciation with those in the neighborhood. Schools and public facilities are friendly and welcoming. I recommend Methuen to those who love community, safety and freedom for families to thrive."
  • Dencil Polanco
    "Good school good community shopping is good restaurants are good around the area . Hospital very close by."
  • Fragnater
    "Great town for children, Lots of good activities to do for parents and Children to do together soccer volleyball hiking swimming"
  • Diana
    "Neighbors are amazing - it’s safe - very respectful neighborhood. Beautiful trees lining the street :-) lovely for walks "
  • Mega M.
    "Quite neighborhood make relaxing environment to live here. Plus it's close to shopping center and very convenience to all major highways."
  • Br L.
    "We hv lived in this neighborhood for 19 years and absolutely love it and all of our neighbors. We feel very fortunate to live in this beautiful, friendly neighborhood. It is the very best place to go walking and trick-or-treating!! "
  • Gabbie S.
    "You generally don’t here dogs barking around the neighborhood but some dog owners don’t clean up after their dogs "
  • Obeliskmj
    "Private, good to live in, quiet, passive . Clean and safe for people to walk in and exercise, to have fun with the family."
  • Heather M.
    "Great walking trail (rail trail) but the sidewalks on the way there from my home has broken glass from bottles so you have to find a detour."
  • Gabbie S.
    "The neighborhood is pretty lively, always a few houses that play there music. I wouldn’t call it a community event but it lets you know that people around here live happy lives. "
  • Tracy M.
    "Access to shops and plenty of supermarkets. Diversity is a plus. Schools are great. Great restaurants. "
  • Aaliyah G.
    "Easy access to highways. Close to shopping and restaurants. Straight shot into Boston from 495 close to MBTA in Haverhill."
  • Massiel H.
    "I was born and raised her haven’t lived anywhere else friendly neighborhood and know it like the back of my hand "
  • Genesis H.
    "It's a great neighborhood with great neighbors. I am happy to live here and looking forward to starting my family here. "
  • Carol L.
    "All owners pick up their own dogs mess it’s just getting very loud with kids everybody does keep doing your yard very nice"
  • Dawna M.
    "Easy access to the highway. Rt. 28 very close by. Snow removal needs improvement, there’s usually slush/snow on the hill making it hard to drive up it. "
  • Dianafaydizoglio
    "Easy access to the highways, close to the elementary, middle and high school and quiet and peaceful. "
  • Shannon H.
    "Great place to live. Schools are ok. Neighbors are nice. Neighboring towns are cool. Fun stuff to do. Convenient stores are located all over town. Has a movie theater "
  • Najlajiminian
    "Great neighborhood for children and families!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
  • Robson M. J.
    "Not much to see here other than the burned down mansion and 4th fireworks. loop is shopping area but Salem is literally next door with more options and no taxes."
  • Cinxoxo24
    "They would love it , the neighborhood is pet friendly. The people are friendly as well . It’s a safe place "
  • Karen_ferullo
    "Great neighborhood for dogs. Most people in the neighborhood have dogs. Many people are walking dogs on a daily basis "
  • Richard S.
    "still has small town feel parks streets schools well maintained BWO politics effect Thank you very much"
  • Robson M. J.
    "this place is nice and queit but the crime is going up. Also the burned down mansion isna good attraction."
  • KarenHiraldo
    "very friendly people . the line between lawrence and methuen is not good , loud , never parking , party all the time . not good for kids . but deep into methuen best place . very calm ."
  • Robson M. J.
    "Christmas is pretty festive here with a big ol' tree. also the fourth of July is nice here too. Other than that pretty boring"
  • Stephanie H.
    "The yards around here are pretty good. In my area I’m close to farm land milk st area so if you let the dogs out at night have a light on they may find A skunk or a possum "
  • Stephanie H.
    "People around my neighborhood do walk their dogs a lot. You even se some people everyday same time like clock work. Honestly is a great area to walk your dog. "
  • Angel M. P.
    "Puertorican festival , Italian festival , yearly Christmas parade is very good , a lot of family owned businesses "
  • Cheryl
    "not enough places for them to run. many people with jobs don't spend enough time outdoors with thier dogs. "
  • Kimberlyahearn80
    "East Methuen is best I think but it depends on what neighborhoods you’re looking into. The valley is good."

LGBTQ Local Legal Protections

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

Frequently asked questions about 497 Prospect St

  • What is 497 Prospect St estimated to be worth?
    Trulia's estimated value for 497 Prospect St in Methuen, MA is $796,500.
  • What is the price history for 497 Prospect St?
    497 Prospect St in Methuen, MA last sold for $730,000 in October 2024.
  • Is Methuen a buyer's or seller's market?
    Methuen is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Methuen?
    The median sale price in Methuen is $568K. That is down $1.67K from the prior month.
  • Does 497 Prospect St have air conditioning?
    Yes, 497 Prospect St in Methuen, MA has air conditioning.
  • How big is the lot at 497 Prospect St?
    The lot at 497 Prospect St in Methuen, MA is about 0.42 acres (18,469 sq ft).

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Off Market Homes Near 497 Prospect St

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