NE Provenance

494 Prospect St

Methuen, MA 01844

residentialSingle Family
Owner
Vil...
Owner Type
Individual
Tenure
6 yrs
Assessed
$483,100
Built
1970
Sq Ft
2,391
Lot
0.37 ac
Bed/Bath
2/2
Type
Single Family
Elevated Risks18ConditionC1Fire GradeAPermits4Last PermitMay 2023FloodX

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494 Prospect St, Methuen, MA 01844— Property Report

Home& Property Details

494 Prospect St is a Ranch single family built in 1970 located in Methuen, Essex County, MA. The home has 2,391 square feet of living area on a 0.37-acre lot. The home has 2 bedrooms, 2 bathrooms across 1 story.

Flood Zone & Natural Hazard Assessment

494 Prospect St is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 494 Prospect St at Grade A (Excellent fire protection access). The nearest fire station, METHUEN FIRE DEPARTMENT, is 0.4 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 4 building permits on file for 494 Prospect St. The most recent permit was filed May 17, 2023. In the past five years, 4 permits have been issued. The current municipal assessment is $483,100, with $203,000 attributed to land and $280,100 to improvements. The property last sold on September 5, 2019 for $320,000. The deed history includes 2 recorded conveyances.

MethuenNeighborhood & Community

494 Prospect St is located in Methuen, Essex County, MA. The property is zoned RC (Single Residence). The median home value in this census tract is $440,800. Median household income is $88,819. The owner-occupancy rate in the surrounding area is 63%. The property is served by the Methuen school district.

Full Property Intelligence Report

The complete NE Provenance report for 494 Prospect St, Methuen, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.