NOT LISTED FOR SALE

306 Summer St Lynnfield, MA 01940

Estimated Value: $2,415,970 - $2,770,000

5 Beds
5 Baths
6,228 Sq Ft
$426/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $1,800,000 $289 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $15,607/month

12 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Landscaped Professionally
  • Lynnfield Middle School Rated A
  • Sauna
  • Deck

About This Home

As of August 2020

A Landmark Property!! One of Lynnfield's most iconic & prestigious homes is this family compound on a 2.2 acre private estate lot. A magnificent 3 story white stucco Colonial with a red terra cotta tile roof features 5 bedrooms,3 full & 2 half baths. Enter through glass enclosed vestibule to main foyer. Glass pocket doors lead to the fireplace living room with attached music room with exceptional detail & moldings. Custom cherry kitchen has granite counters, island, pantry, subzero, built in desk area. Great room is 36 X 36 with all custom cherry built-ins, marble fireplace, & palladium windows. Master bedroom has sitting area, 2 walk in closets & full bath with steam shower, jacuzzi tub & double sink vanity. There is a 2,000 bottle wine cellar with adjoining tasting room for the wine enthusiast. The property includes a separate 4 room guest house or home office, a heated garage with half bath & a studio apartment above. Grounds are beautiful with in ground pool. Special Property!!

Last Agent to Sell the Property

Helen Bolino

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/15/2020

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Helen Bolino

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/15/2020

Berkshire Hathaway HomeServices Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned RB

Parking

  • 4 Car Garage

Interior Spaces

  • Decorative Lighting
  • French Doors
  • Sauna
  • Basement

Kitchen

  • Built-In Oven
  • Built-In Range
  • Indoor Grill
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Outdoor Features

  • Heated Pool
  • Deck
  • Enclosed Patio or Porch
  • Gazebo

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Holding Tank
  • Private Sewer
  • Cable TV Available

Community Details

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

2.2 Acres

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: 320.97
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Marble
  • Interior Amenities: Security System, Cable Available, Sauna/Steam/Hot Tub, French Doors
  • Appliances: Wall Oven, Dishwasher, Indoor Grill, Countertop Range, Refrigerator
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 22X15, Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, Flooring - Marble, Archway
  • Bedroom 2: On Level: Second Floor, Dimension: 14X13, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 14X12, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Third Floor, Dimension: 16X14, Closet, Flooring - Hardwood
  • Bedroom 5: On Level: Third Floor, Dimension: 16X13, Closet, Flooring - Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • 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 Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Dimension: 19X11, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Marble, Jacuzzi / Whirlpool Soaking Tub, Double Vanity
  • No Rooms: 13
  • Dining Room: On Level: First Floor, Dimension: 17X14, Flooring - Hardwood, Chair Rail, Crown Molding
  • Family Room: On Level: First Floor, Dimension: 36X36, Fireplace, Ceiling - Coffered, Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access, Recessed Lighting, Crown Molding
  • Kitchen: On Level: First Floor, Dimension: 26X18, Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Crown Molding
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 25X14, Fireplace, Flooring - Hardwood, Exterior Access, Crown Molding
  • Basement: Y
  • Basement Features: Full, Finished, Interior Access, Sump Pump
  • Other Room 1: Name: Vestibule, On Level: First Floor, Flooring - Hardwood
  • Other Room 2: Name: Sun Room, On Level: First Floor, Dimension: 12X8, Flooring - Hardwood
  • Other Room 3: Name: Other, On Level: First Floor, Dimension: 14X9, Closet/Cabinets - Custom Built, Flooring - Hardwood, Crown Molding
  • Other Room 4: Name: Media Room, On Level: Basement, Dimension: 22X20, Flooring - Laminate, Recessed Lighting
  • Other Room 5: Name: Wine Cellar, On Level: Basement, Dimension: 31X9, Flooring - Stone/Ceramic Tile, Wet bar, Recessed Lighting
  • Other Room 6: Name: Accessory Apt., On Level: Second Floor, Dimension: 38X19, Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Laminate
  • Main Lo: AN4870
  • Main So: AN4870
  • Estimated Sq Ft: 6228.00

Exterior Features

  • Construction: Stone/Concrete
  • Roof Material: Tile
  • Exterior: Stucco
  • Exterior Features: Porch, Porch - Enclosed, Deck, Patio, Pool - Inground Heated, Professional Landscaping, Sprinkler System, Decorative Lighting, Gazebo, Guest House
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 10
  • Garage Parking: Detached, Garage Door Opener, Heated, 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: Gas
  • Hot Water: Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Shopping, Golf Course, Medical Facility, Highway Access, House of Worship, Private School, Public School

Lot Info

  • Assessments: 1372000.00
  • Lot: 0725
  • Acre: 2.20
  • Lot Size: 95925.00
  • Page: 161
  • Zoning: RB
  • Lot Description: Paved Drive, Easements

Tax Info

  • Taxes: 19170.62
  • Assessor Parcel Number: 1981927

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
306 Summer Street Llc
Bought by
M Grieco Separate Share J
Current Estimated Value
$2,650,990

Purchase Details

Closed on
Dec 14, 1998
Sold by
Janus David A and Janus Linda V
Bought by
Cardone Vito R and Cardone Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1994
Sold by
Larq Rt and Quercia
Bought by
Janus David A and Janus Linda V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
M Grieco Separate Share J -- None Available
Cardone Vito R $750,000 --
Janus David A $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janus David A $750,000
Previous Owner Janus David A $475,385
Previous Owner Janus David A $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2020 08/04/20 Sold $1,800,000 -10.0% $289 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $1,999,000 -- $321 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $23,403 $2,216,200 $603,600 $1,612,600
2024 $22,951 $2,183,700 $594,700 $1,589,000
2023 $17,383 $1,538,300 $513,800 $1,024,500
2022 $20,943 $1,746,700 $488,100 $1,258,600
2021 $19,062 $1,436,500 $409,100 $1,027,400
2020 $19,171 $1,377,200 $349,100 $1,028,100
2019 $18,893 $1,358,200 $330,100 $1,028,100
2018 $18,689 $1,358,200 $330,100 $1,028,100
2017 $18,445 $1,338,500 $310,400 $1,028,100
2016 $18,480 $1,274,500 $304,500 $970,000
2015 $18,456 $1,273,700 $303,700 $970,000
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72674405

MLS Property Information Network (MLS PIN)

APN: LYNF-000034-000000-000725

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