NOT LISTED FOR SALE

15 Melch Rd Lynnfield, MA 01940

Estimated Value: $1,017,000 - $1,650,379

0.37 Acre
$3,279,986 Price per Acre
16,117 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $220,000

Est. 452% increase in value since last sale

Current estimated payment $7,380/month

107 Days on Market

About This Lot

As of April 2021

Desirable neighborhood in the heart of a beautiful developed location. 16,050 square feet of land. Lot is being sold in as is. You could be building your dream home in a beautiful desirable neighborhood which intertwines with four streets. It is a dead end with side walks. Easy access to Market Street, Rte 1 and Rte 128.

Last Agent to Sell the Property

Nikki Martin

Compass Listed on: 11/11/2020

Compass

Last Buyer's Agent

Jona Zepaj

Lyv Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,335

Lot Details

Schools

  • LHS High School

Utilities

  • Private Sewer

Property Details

Property Type

Land

Est. Annual Taxes

$12,335

Lot Details

0

Listing Details

  • Property Type: Land
  • Other Agent: 1.00
  • Comp Based On: Net Sale Price
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Main Lo: AN2383
  • Main So: NB4126

Utilities

  • Sewer: Private
  • Water: Public
  • Electric Features: At Street
  • Gas: Nearby
  • Sewage District: South

Condo/Co-op/Association

  • Amenities: Shopping, Park, Highway Access, Public School

Lot Info

  • Assessments: 155800.00
  • Zoning: residentia
  • Lot: 0215
  • Acre: 0.37
  • Lot Size: 16050.00
  • Land Description: Wooded
  • Lots And Land Type: Residential
  • Page: 485
  • Perc Test: Y
  • Zone Usage: Single Family

Tax Info

  • Taxes: 2168.74
  • Assessor Parcel Number: 1982998
  • Tax Year: 2020

MLS Schools

  • Grade School: Huckleberry
  • High School: LHS
  • Middle School: LMS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
Lanzillo Flaminio and Zepaj Marenglen
Bought by
Quinn James M and Quinn Jill K
Current Estimated Value
$1,213,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$940,984
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$272,611

Purchase Details

Listed on
Nov 11, 2020
Closed on
Apr 6, 2021
Sold by
Imbrescia John J and Imbrescia Marcia E
Bought by
Lanzillo Flaminio and Zepaj Marenglen
Seller's Agent
Nikki Martin
Compass
Buyer's Agent
Jona Zepaj
Lyv Realty
List Price
$329,000
Sold Price
$220,000
Premium/Discount to List
-$109,000
-33.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.43%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Quinn James M $1,260,000 None Available
Quinn James M $1,260,000 None Available
Lanzillo Flaminio $220,000 None Available
Lanzillo Flaminio $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn James M $1,000,000
Closed Quinn James M $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $220,000 -25.4% --
02/26/2021 02/26/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $295,000 -10.3% --
11/11/2020 11/11/20 For Sale $329,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,335 $1,168,100 $500,300 $667,800
2024 $2,327 $221,400 $221,400 $0
2023 $2,374 $210,100 $210,100 $0
2022 $2,519 $210,100 $210,100 $0
2021 $2,393 $180,300 $180,300 $0
2020 $2,169 $155,800 $155,800 $0
2019 $2,070 $148,800 $148,800 $0
2018 $2,047 $148,800 $148,800 $0
2017 $2,050 $148,800 $148,800 $0
2016 $1,930 $133,100 $133,100 $0
2015 $1,929 $133,100 $133,100 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nikki Martin

    Compass

    (781) 710-1440

    77 in this area

    249 Total Sales

    Nikki Martin
    Section Image
  • Jona Zepaj

    Buyer's Agent in 2021

    Jona Zepaj

    Lyv Realty

    (978) 210-0813

    8 in this area

    70 Total Sales

    Jona Zepaj
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72755755

MLS Property Information Network (MLS PIN)

APN: LYNF-000046-000000-000215

Massachusetts Essex County Lynnfield 01940

15 Melch Rd, Lynnfield, MA

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