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5 Lancaster Rd

Methuen, MA 01844

3 bd 2 ba 1,180 sqft Built 1915 Lot 8,002 sqft single_family
Most recent sale
$340,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $340,000 MLS #72987840
Jun 2, 2022 Relisted $329,900 MLS #72987840
May 26, 2022 Listed $329,900 MLS #72987840

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,300 $194,500 $434,800 $4,600
2024 $240,300 $176,800 $417,100 $4,530
2023 $179,400 $156,400 $335,800 $3,929
2022 $145,600 $129,200 $274,800 $3,586
2021 $133,300 $122,400 $255,700 $3,373
2020 $127,100 $122,400 $249,500 $3,353
2019 $110,400 $115,600 $226,000 $3,207
2018 $104,500 $115,600 $220,100 $3,141
2017 $92,200 $108,800 $201,000 $2,945
2016 $92,200 $108,800 $201,000 $2,977
2015 $85,000 $102,000 $187,000 $2,730
2014 $85,000 $87,000 $172,000 $2,554
2006 $110,200 $114,200 $224,400 $2,082
2005 $105,600 $81,600 $187,200 $1,879
2004 $93,000 $65,300 $158,300 $1,857
2003 $93,000 $65,300 $158,300 $1,858

Property facts

Year built
1915
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,180 sqft
Lot size
8,002 sqft
ZIP code
01844
City
Methuen
Street
Lancaster Rd
Coordinates
42.74477, -71.17164

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,422
Gross rental yield
12.08%
Implied cap rate
7.85%
Trend-extrapolated value

Frequently asked questions

When did 5 Lancaster Rd last sell?
5 Lancaster Rd most recently sold on Jun 29, 2022 for $340,000.
What is the current tax assessment for 5 Lancaster Rd?
The most recent total assessment for 5 Lancaster Rd (year 2025) is $434,800 with $4,600 in property tax.
How does 5 Lancaster Rd's assessment compare to its last sale price?
The current assessment is 27.9% above the last sale price of $340,000.
When was 5 Lancaster Rd built?
5 Lancaster Rd was built in 1915.
How does 5 Lancaster Rd compare to others on Lancaster Rd?
We track 1 other property on Lancaster Rd. Browse the list under "Other properties on Lancaster Rd" to compare beds, baths, and sale history.
What are the property facts for 5 Lancaster Rd?
5 Lancaster Rd is a 3 bed, 2 bath, 1,180 sqft, 8,002 sqft lot single_family.
Is 5 Lancaster Rd a flip candidate?
No — 5 Lancaster Rd does not appear in our flips dataset.
Is 5 Lancaster Rd a tax-appeal candidate?
No — 5 Lancaster Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.4%
2026 Q3
$426.7K
2026 Q4
$411.8K
ZIP 01844 — Median Price History + Forecast

Explore nearby

Other properties on Lancaster Rd