NOT LISTED FOR SALE

2 Murphy Way Lynnfield, MA 01940

Estimated Value: $1,909,000 - $2,330,000

5 Beds
4 Baths
6,066 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $1,412,000 $233 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $13,131/month

39 Days on Market

Highlights

  • Cabana
  • Landscaped Professionally
  • Marble Flooring
  • Batchelder School Rated A
  • Deck
  • Attic

About This Home

As of September 2020

Enjoy gracious living in this gorgeous Colonial home with spacious in-law suite on secluded cul-de-sac. This home lends itself well to working and playing at home, entertaining guests and having in-laws live with you in the beautiful suite with separate entrance. Spectacular foyer with 2 tier staircase. Kitchen is a home chef's dream with gas stove, oversized granite island overlooking freshly painted fireplaced family room. Convenient home office for work at home option. The great room is begging for you to invite everyone over to watch "the game" and play pool or sit by the fireplace. Four generously sized bedrooms including master with walk in closet, dressing area with sink and luxurious bath. In-law suite with it's own entrance includes full kitchen, dining area, living room, bedroom, laundry & bath. Plenty of garage space for everyone. Private back yard retreat features a stone patio and in-ground pool with a lovely wooded backdrop. Easy access to Centre, Market St & Rte 95.

Last Listed By

Judith Johnson

Leading Edge Real Estate Listed on: 06/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,253

Year Built

  • Built in 1995

Lot Details

  • Year Round Access
  • Fenced Yard
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned RD

Parking

  • 4 Car Garage

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • French Doors
  • Attic
  • Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Heated Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,253

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 251.40
  • Comp Based On: Net Sale Price
  • Year Built: 1995
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Marble, Hardwood
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Wetbar, Walk-up Attic, French Doors
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Refrigerator - ENERGY STAR, Refrigerator - Wine Storage, Vent Hood
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 17X15, Bathroom - Full, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 14X13, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 15X12, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 15X12, Closet, Flooring - Hardwood
  • Bedroom 5: On Level: Basement, Dimension: 17X15, Bathroom - 3/4, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
  • No Rooms: 14
  • Dining Room: On Level: First Floor, Dimension: 15X14, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 15X15, Fireplace, Flooring - Hardwood, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 24X11, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: Second Floor, Dryer Hookup - Electric
  • Living Room: On Level: First Floor, Dimension: 18X15, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out, Concrete Floor, Exterior Access
  • Other Room 1: Name: Great Room, On Level: First Floor, Dimension: 41X30, Fireplace, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Wine Chiller
  • Other Room 2: Name: Home Office, On Level: First Floor, Dimension: 15X12, Flooring - Hardwood, Wet bar
  • Other Room 3: Name: Inlaw Apt., On Level: Basement, Dimension: 31X27, Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Dryer Hookup - Electric, Exterior Access, Open Floor Plan, Recessed Lighting, Washer Hookup
  • Other Room 4: Name: 3/4 Bath, On Level: Basement, Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Main Lo: AN4643
  • Main So: AN4643
  • Estimated Sq Ft: 6066.00

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Brick
  • Exterior Features: Deck, Patio, Balcony, Pool - Inground Heated, Cabana, Gutters, Professional Landscaping, Sprinkler System, Fenced Yard, Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass, Fiberglass - Batts

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 10
  • Garage Parking: Attached, Garage Door Opener, Storage, Side Entry
  • Garage Spaces: 4

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 4
  • Heating: Forced Air, Oil, Propane
  • Heat Zones: 4
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Shopping, Golf Course, Conservation Area, Highway Access, House of Worship, Public School

Schools

  • Elementary School: Summer St
  • Middle School: LMS
  • High School: LHS

Lot Info

  • Assessments: 1231200.00
  • Acre: 1.38
  • Lot Size: 60000.00
  • Page: 507
  • Zoning: RD
  • Lot Description: Wooded, Paved Drive, Fenced/Enclosed

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 17138.00
  • Assessor Parcel Number: 1979813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 8, 2020
Sold by
Sood Esha and Vohra Parag
Bought by
Smith Evan C and Smith Rebekah H
Seller's Agent
Judith Johnson
Leading Edge Real Estate
Buyer's Agent
Anthony Rosso
Leading Edge Real Estate
List Price
$1,525,000
Sold Price
$1,412,000
Premium/Discount to List
-$113,000
-7.41%
Total Days on Market
39
Current Estimated Value
$2,094,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,016
Avg. Annual Appreciation
8.80%
Original Mortgage
$1,129,600
Outstanding Balance
$1,013,759
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,080,257

Purchase Details

Listed on
Mar 25, 2015
Closed on
Dec 2, 2015
Sold by
Teresa J Chisholm T
Bought by
Sood Esha and Vohra Parag
Seller's Agent
DANIEL DEMERS
Sell Your Home Services
Buyer's Agent
Judith Johnson
Leading Edge Real Estate
List Price
$1,349,999
Sold Price
$1,275,000
Premium/Discount to List
-$74,999
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$1,020,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2012
Sold by
Chisholm James E and Chisholm Teresa J
Bought by
Teresa J Chisholm 2005

Purchase Details

Closed on
Nov 30, 1994
Sold by
Murphy Way Rt and Caggiano Paul T
Bought by
Chisholm James E and Chisholm Teresa J

Range of Values:

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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
Smith Evan C $1,412,000 None Available
Sood Esha $1,275,000 --
Teresa J Chisholm 2005 -- --
Chisholm James E $189,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Evan C $150,001
Open Smith Evan C $1,129,600
Previous Owner Sood Esha $1,020,000
Previous Owner Chisholm James E $375,000
Previous Owner Chisholm James E $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $1,412,000 -7.4% $233 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $1,525,000 0.0% $251 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $1,525,000 +19.6% $251 / Sq Ft
12/02/2015 12/02/15 Sold $1,275,000 0.0% $206 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/25/2015 09/25/15 Off Market $1,275,000 -- --
05/21/2015 05/21/15 For Sale $1,349,999 +5.9% $218 / Sq Ft
05/07/2015 05/07/15 Off Market $1,275,000 -- --
05/04/2015 05/04/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $1,349,999 -- $218 / Sq Ft
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 $18,253 $1,728,500 $723,800 $1,004,700
2024 $17,025 $1,619,900 $676,500 $943,400
2023 $16,403 $1,451,600 $641,500 $810,100
2022 $16,273 $1,357,200 $632,800 $724,400
2021 $16,960 $1,278,100 $533,400 $744,700
2020 $17,138 $1,231,200 $484,900 $746,300
2019 $17,126 $1,231,200 $484,900 $746,300
2018 $16,941 $1,231,200 $484,900 $746,300
2017 $16,865 $1,223,900 $477,600 $746,300
2016 $14,957 $1,031,500 $400,100 $631,400
2015 $14,939 $1,031,000 $399,600 $631,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72673936

MLS Property Information Network (MLS PIN)

APN: LYNF-000006-000000-002192