408 Forest St
Methuen, MA 01844
3 bd 2 ba 1,826 sqft Built 1965 Lot 41,382 sqft single_family
Most recent sale
$635,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 15, 2025 | Listing removed | $649,900 | MLSPIN |
| May 31, 2022 | Sold | $635,000 | MLS #72953867 |
| Mar 16, 2022 | Listed | $599,900 | MLS #72953867 |
| Nov 14, 2017 | Sold | $305,000 | MLS #72238305 |
| Oct 4, 2017 | Listed | $299,000 | MLS #72238305 |
| Oct 31, 1991 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $266,400 | $299,700 | $566,100 | $5,989 |
| 2024 | $266,500 | $273,400 | $539,900 | $5,863 |
| 2023 | $230,900 | $243,000 | $473,900 | $5,545 |
| 2022 | $205,700 | $202,500 | $408,200 | $5,327 |
| 2021 | $191,900 | $192,400 | $384,300 | $5,069 |
| 2020 | $183,600 | $192,400 | $376,000 | $5,053 |
| 2019 | $165,400 | $172,100 | $337,500 | $4,789 |
| 2018 | $151,500 | $172,100 | $323,600 | $4,618 |
| 2017 | $134,600 | $172,100 | $306,700 | $4,493 |
| 2016 | $129,000 | $162,000 | $291,000 | $4,310 |
| 2015 | $126,200 | $162,000 | $288,200 | $4,208 |
| 2014 | $125,400 | $141,800 | $267,200 | $3,968 |
| 2006 | $154,300 | $182,300 | $336,600 | $3,124 |
| 2005 | $150,100 | $149,900 | $300,000 | $3,012 |
| 2004 | $131,400 | $105,300 | $236,700 | $2,776 |
| 2003 | $131,400 | $105,300 | $236,700 | $2,779 |
Property facts
Year built
1965
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,826 sqft
Lot size
41,382 sqft
ZIP code
01844
City
Methuen
Street
Forest St
Coordinates
42.71776, -71.22513
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,295
Gross rental yield
10.01%
Implied cap rate
6.50%
Trend-extrapolated value
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Frequently asked questions
When did 408 Forest St last sell?
408 Forest St most recently sold on May 31, 2022 for $635,000.
What is the current tax assessment for 408 Forest St?
The most recent total assessment for 408 Forest St (year 2025) is $566,100 with $5,989 in property tax.
How does 408 Forest St's assessment compare to its last sale price?
The current assessment is 10.9% below the last sale price of $635,000.
When was 408 Forest St built?
408 Forest St was built in 1965.
How does 408 Forest St compare to others on Forest St?
We track 8 other properties on Forest St. Browse the list under "Other properties on Forest St" to compare beds, baths, and sale history.
What are the property facts for 408 Forest St?
408 Forest St is a 3 bed, 2 bath, 1,826 sqft, 41,382 sqft lot single_family.
Is 408 Forest St a flip candidate?
No — 408 Forest St does not appear in our flips dataset.
Is 408 Forest St a tax-appeal candidate?
No — 408 Forest St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.8%
Implied 1-yr
-11.4%
2026 Q3
$426.7K
2026 Q4
$411.8K
ZIP 01844 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest St