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40 Timber Ln

Methuen, MA 01844

4 bd 3 ba 2,893 sqft Built 2019 Lot 11,761 sqft single_family
Most recent sale
$700,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $700,000 MLS #72943894
Apr 7, 2022 Relisted $749,900 MLS #72943894
Mar 28, 2022 Relisted $749,900 MLS #72943894
Feb 21, 2022 Listed $749,900 MLS #72943894
Jun 28, 2016 Sold $335,500 MLS #71991103
Apr 20, 2016 Listed $320,000 MLS #71991103

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $555,000 $220,800 $775,800 $8,208
2024 $567,200 $200,700 $767,900 $8,339
2023 $490,200 $179,200 $669,400 $7,832
2022 $459,300 $143,400 $602,700 $7,865
2021 $431,200 $136,200 $567,400 $7,484
2020 $186,000 $136,200 $322,200 $4,330
2019 $104,300 $129,000 $233,300 $3,311
2018 $188,900 $129,000 $317,900 $4,536
2017 $166,200 $129,000 $295,200 $4,325
2016 $159,600 $129,000 $288,600 $4,274
2015 $156,300 $129,000 $285,300 $4,165
2014 $154,100 $106,100 $260,200 $3,864
2006 $180,200 $137,600 $317,800 $2,949
2005 $180,600 $109,000 $289,600 $2,908
2004 $158,700 $83,200 $241,900 $2,837
2003 $158,700 $83,200 $241,900 $2,840

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,893 sqft
Lot size
11,761 sqft
ZIP code
01844
City
Methuen
Street
Timber Ln
Coordinates
42.73534, -71.15794

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,390
Gross rental yield
14.38%
Implied cap rate
9.35%
Trend-extrapolated value

Frequently asked questions

When did 40 Timber Ln last sell?
40 Timber Ln most recently sold on Jun 1, 2022 for $700,000.
What is the current tax assessment for 40 Timber Ln?
The most recent total assessment for 40 Timber Ln (year 2025) is $775,800 with $8,208 in property tax.
How does 40 Timber Ln's assessment compare to its last sale price?
The current assessment is 10.8% above the last sale price of $700,000.
When was 40 Timber Ln built?
40 Timber Ln was built in 2019.
How does 40 Timber Ln compare to others on Timber Ln?
We track 3 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 40 Timber Ln?
40 Timber Ln is a 4 bed, 3 bath, 2,893 sqft, 11,761 sqft lot single_family.
Is 40 Timber Ln a flip candidate?
No — 40 Timber Ln does not appear in our flips dataset.
Is 40 Timber Ln a tax-appeal candidate?
No — 40 Timber Ln 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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