$1,325,000
SOLD DEC 17, 2024

231 Salem St Lynnfield, MA 01940

4 Beds
3.5 Baths
3,100 Sq Ft
1.24 Acres

Recently Sold

$427 Per Sq Ft

9% Below List Price

51 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Open Floorplan
  • Lynnfield Middle School Rated A
  • 1.24 Acre Lot
  • Custom Closet System

About This Home

As of December 2024

Welcome to this stunning New Construction Colonial, nestled on a private 1.24-acre lot. This home features 4 spacious bedrooms, 3 1⁄2 luxurious bathrooms, high ceilings, and gleaming hardwood floors throughout. The heart of the home is the beautifully designed kitchen, with custom white cabinetry, a large quartz island, and top-of-the-line stainless steel appliances—perfect for hosting and creating memories. The sun-drenched dining area flows seamlessly into the inviting family room, creating an ideal space for gathering. Enjoy quiet moments in the versatile living room or study. Upstairs, the master suite is a true retreat, with a spa-like bath, walk-in closet, and Three additional bedrooms. The finished lower level offers endless possibilities for recreation or play. Outside, the expansive yard is perfect for outdoor activities and entertaining. With an attached two-car garage and proximity to MarketStreet and major highways, this home offers privacy and convenience. Welcome home!

Last Agent to Sell the Property

Louise Touchette

Coldwell Banker Realty - Lynnfield Listed on: 09/24/2024

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Mayur Sharma

Jack Gately Real Estate, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 1.24 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Property is zoned RB

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,100 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Window Screens
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Schools

  • Huckleberry Elementary School
  • LMS Middle School
  • LHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Propane
  • 220 Volts
  • Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Deck
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 1983415

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 2024
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Flooring: Tile, Laminate, Hardwood
  • Interior Amenities: Bathroom - Full, Bathroom, Bonus Room
  • Fireplace YN: No
  • Appliances: Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Cable Hookup
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Double Vanity, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting, Gas Stove
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Main,First
  • Room Family Room Features: Open Floorplan, Recessed Lighting
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Electric Dryer Hookup, Recessed Lighting, Second Floor
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting
  • Basement: Full
  • Living Area: 3100
  • Spa YN: No
  • Window Features: Screens
  • MAIN LO: AN6181
  • MAIN SO: AN1545
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck - Composite, Sprinkler System, Screens
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1983415
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 1.24
  • Lot Size Sq Ft: 54014
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 999999

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Lhs
  • Elementary School: Huckleberry
  • Middle Or Junior School: Lms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Dec 17, 2024
Sold by
Pierce Road Llc
Bought by
Balani Pooja and Sharma Mayur
Seller's Agent
Louise Touchette
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Mayur Sharma
Jack Gately Real Estate, LLC
List Price
$1,449,000
Sold Price
$1,325,000
Premium/Discount to List
-$124,000
-8.56%
Views
48
Current Estimated Value
$1,309,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,346
Avg. Annual Appreciation
-1.35%
Original Mortgage
$1,060,000
Outstanding Balance
$1,050,545
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,109

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 14, 2023
Sold by
Long Alice G and Long Joseph W
Bought by
Pierce Road Llc
Seller's Agent
Andrea O'Reilly
Keller Williams Realty Evolution
Buyer's Agent
Louise Touchette
Coldwell Banker Realty - Lynnfield
List Price
$449,000
Sold Price
$530,000
Premium/Discount to List
$81,000
18.04%
Views
151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.35%

Purchase Details

Closed on
Dec 7, 1964
Bought by
Long Alice G and Long Joseph W
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed $1,325,000 None Available
Quit Claim Deed $1,325,000 None Available
Quit Claim Deed $530,000 None Available
Quit Claim Deed $530,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,060,000 Purchase Money Mortgage
Closed $1,060,000 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $75,000 No Value Available
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2024 12/17/24 Sold $1,325,000 -4.6% $427 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/10/2024 10/10/24 Price Changed $1,389,000 -4.1% $448 / Sq Ft
09/24/2024 09/24/24 For Sale $1,449,000 +173.4% $467 / Sq Ft
01/04/2024 01/04/24 Sold $530,000 +18.0% $371 / Sq Ft View Prior Sale
12/07/2023 12/07/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $449,000 -- $314 / 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 $6,709 $635,300 $477,900 $157,400
2024 $6,359 $605,000 $455,100 $149,900
2023 $5,838 $516,600 $378,700 $137,900
2022 $5,536 $461,700 $343,200 $118,500
2021 $5,713 $430,500 $318,300 $112,200
2020 $5,567 $399,900 $287,700 $112,200
2019 $5,172 $371,800 $259,600 $112,200
2018 $5,029 $365,500 $259,600 $105,900
2017 $4,718 $342,400 $236,500 $105,900
2016 $4,897 $337,700 $236,500 $101,200
2015 $4,522 $312,100 $211,600 $100,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73294275

MLS Property Information Network (MLS PIN)

APN: LYNF-000050-000000-002766