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40 Meriline Ave

Methuen, MA 01844

2 bd 2 ba 1,018 sqft Built 1930 Lot 9,448 sqft single_family
Most recent sale
$420,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $420,000 MLS #72999789
Jun 17, 2022 Listed $415,000 MLS #72999789
Oct 31, 2018 Sold $242,000 MLS #72383001
Sep 18, 2018 Price changed $244,900 MLS #72383001
Aug 22, 2018 Listed $249,900 MLS #72383001
Dec 5, 2014 Sold $165,000 MLS #71722624
Oct 10, 2014 Price changed $189,900 MLS #71722624
Sep 10, 2014 Price changed $199,900 MLS #71722624
Aug 1, 2014 Listed $214,900 MLS #71722624

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $235,200 $205,600 $440,800 $4,664
2024 $235,200 $187,500 $422,700 $4,591
2023 $178,300 $166,700 $345,000 $4,037
2022 $150,900 $138,900 $289,800 $3,782
2021 $138,600 $132,000 $270,600 $3,569
2020 $132,600 $132,000 $264,600 $3,556
2019 $112,500 $118,100 $230,600 $3,272
2018 $106,600 $118,100 $224,700 $3,206
2017 $94,600 $118,100 $212,700 $3,116
2016 $94,600 $111,100 $205,700 $3,046
2015 $87,600 $111,100 $198,700 $2,901
2014 $87,600 $97,200 $184,800 $2,744
2006 $110,600 $125,000 $235,600 $2,186
2005 $104,800 $102,800 $207,600 $2,084
2004 $89,900 $72,200 $162,100 $1,901
2003 $89,900 $72,200 $162,100 $1,903

Property facts

Year built
1930
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,018 sqft
Lot size
9,448 sqft
ZIP code
01844
City
Methuen
Street
Meriline Ave
Coordinates
42.73577, -71.13054

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
$2,952
Gross rental yield
8.43%
Implied cap rate
5.48%
Trend-extrapolated value

Frequently asked questions

When did 40 Meriline Ave last sell?
40 Meriline Ave most recently sold on Aug 15, 2022 for $420,000.
What is the current tax assessment for 40 Meriline Ave?
The most recent total assessment for 40 Meriline Ave (year 2025) is $440,800 with $4,664 in property tax.
How does 40 Meriline Ave's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $420,000.
When was 40 Meriline Ave built?
40 Meriline Ave was built in 1930.
How does 40 Meriline Ave compare to others on Meriline Ave?
We track 8 other properties on Meriline Ave. Browse the list under "Other properties on Meriline Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Meriline Ave?
40 Meriline Ave is a 2 bed, 2 bath, 1,018 sqft, 9,448 sqft lot single_family.
Is 40 Meriline Ave a flip candidate?
No — 40 Meriline Ave does not appear in our flips dataset.
Is 40 Meriline Ave a tax-appeal candidate?
No — 40 Meriline Ave 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

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