NOT LISTED FOR SALE

23 Homestead Rd Lynnfield, MA 01940

Estimated Value: $716,000 - $831,000

3 Beds
1 Bath
1,174 Sq Ft
$645/Sq Ft Est. Value

Last Sold August 08, 2012

Last sale price $290,000 $247 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,709/month

81 Days on Market

About This Home

As of August 2012

Unique opportunity to update a charming 5 rm cape in prime neighborhood. Spacious LR w/built-ins. Kitchen w/pine cabinets. Roof 2011, all new windows, 100 amp CB. new bulkhead, 50 gal HW heater 2004 w/6 yr warranty. 10x12 knotty pine tongue and groove breezeway. Title V approved w/cesspool for 3 bedroom home. One car garage. Property to be sold in "As Is Condition."

Last Agent to Sell the Property

Marcia Poretsky

Berkshire Hathaway HomeServices Commonwealth Real Estate License #454000929 Listed on: 05/04/2012

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Anthony Bruno

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,998

Year Built

1950

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Sloping
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: No
  • Number of Rooms: 5
  • Amenities: Shopping, Tennis Court, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Laminate, Hardwood
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Basement: Full, Concrete Floor
  • Bedroom 2: First Floor, 10X14
  • Bedroom 3: Second Floor, 9X12
  • Bathroom #1: First Floor
  • Kitchen: First Floor, 10X15
  • Laundry Room: Basement
  • Living Room: First Floor, 15X20
  • Master Bedroom: First Floor, 11X12
  • Master Bedroom Description: Hard Wood Floor

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Screens
  • Foundation: Concrete Block

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Dryer

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2012
Closed on
Aug 8, 2012
Sold by
Allison Marjorie E Est
Bought by
Spinella Robert C
Seller's Agent
Marcia Poretsky
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Anthony Bruno
Gibson Sotheby's International Realty
List Price
$359,900
Sold Price
$290,000
Premium/Discount to List
-$69,900
-19.42%
Current Estimated Value
$757,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,182
Avg. Annual Appreciation
7.54%
Original Mortgage
$275,500
Outstanding Balance
$194,485
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$554,768
Source: Public Records

Range of Values:

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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
Spinella Robert C $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinella Robert C $275,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2012 08/08/12 Sold $290,000 -6.5% $247 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
06/14/2012 06/14/12 Price Changed $310,000 -6.0% $264 / Sq Ft
05/25/2012 05/25/12 Price Changed $329,900 -8.3% $281 / Sq Ft
05/04/2012 05/04/12 For Sale $359,900 -- $307 / 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 $6,998 $662,700 $552,500 $110,200
2024 $6,698 $637,300 $531,300 $106,000
2023 $6,781 $600,100 $503,800 $96,300
2022 $7,290 $608,000 $462,700 $145,300
2021 $6,655 $501,500 $377,000 $124,500
2020 $6,432 $462,100 $337,600 $124,500
2019 $6,428 $462,100 $337,600 $124,500
2018 $6,358 $462,100 $337,600 $124,500
2017 $6,202 $450,100 $325,600 $124,500
2016 $5,855 $403,800 $279,300 $124,500
2015 $5,837 $402,800 $278,300 $124,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marcia Poretsky

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 771-8144

    4 in this area

    23 Total Sales

    Marcia Poretsky
    Section Image
  • Anthony Bruno

    Buyer's Agent in 2012

    Anthony Bruno

    Gibson Sothebys International Realty

    (617) 963-3378

    48 Total Sales

    Anthony Bruno
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71378151

MLS Property Information Network (MLS PIN)

APN: LYNF-000024-000000-001452

Massachusetts Essex County Lynnfield 01940

23 Homestead Rd, Lynnfield, MA

This home is located at 23 Homestead Rd, Lynnfield, MA 01940 since 04 May 2012 and is currently estimated at $757,182, approximately $644 per square foot. This property was built in 1950. 23 Homestead Rd is a home located in Essex County with nearby schools including Pickering Middle School, Lynnfield High School, and Covenant Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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