NOT LISTED FOR SALE

322 Pillings Pond Rd Lynnfield, MA 01940

Estimated Value: $1,006,000 - $1,442,000

2 Beds
1 Bath
1,608 Sq Ft
$758/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $355,000 $221 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $7,530/month

41 Days on Market

About This Home

As of February 2018

Boating in the summer, ice skating in the winter, fabulous views all year long. Wonderful opportunity to build or restore a home right on Pillings Pond. Located 16 miles from Boston. This beautiful waterfront lot has an existing 1608 sq. ft. home on site. All utility lines are connected to the house including a 3 bedroom septic system. Buyer is responsible for their own due diligence on what can be built. Architectural plans available and negotiable. This is a rare opportunity to build your dream home right on Pillings Pond.

Last Agent to Sell the Property

Luciano Leone Team

RE/MAX 360 Listed on: 10/18/2017

Last Buyer's Agent

Carole Rocha

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,775

Year Built

  • 1930

Lot Details

  • 0.25

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,775

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Lead Paint: Unknown
  • Year Built Description: Unknown/Mixed
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Main Lo: C58300
  • Main So: K95001
  • Estimated Sq Ft: 1608.00

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck, Storage Shed
  • Foundation: Concrete Block
  • Waterfront: Pond, Frontage, Direct Access
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Sewer: Private Sewerage
  • Water: City/Town Water

Schools

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

Lot Info

  • Zoning: RB
  • Lot: 0412
  • Acre: 0.25
  • Lot Size: 11075.00

Multi Family

  • Waterview: Dock/Mooring, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Feb 5, 2018
Sold by
Smith Kevin J and Smith Mara E
Bought by
Rocha Brian and Rocha Carole L
Seller's Agent
Luciano Leone Team
RE/MAX 360
Buyer's Agent
Carole Rocha
Coldwell Banker Realty - Lynnfield
List Price
$399,999
Sold Price
$355,000
Premium/Discount to List
-$44,999
-11.25%
Current Estimated Value
$1,219,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,535
Avg. Annual Appreciation
17.37%
Original Mortgage
$504,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2011
Closed on
Aug 23, 2012
Sold by
Property Acquisition G
Bought by
Smith Kevin J and Smith Mara E
Seller's Agent
Maureen Rossi Dimella
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Stephen Smidt
Coldwell Banker Realty - Lynnfield
List Price
$389,900
Sold Price
$330,000
Premium/Discount to List
-$59,900
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$313,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Peterson Claire E
Bought by
Property Acquisition G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1989
Sold by
Mcdaid John Edw
Bought by
Lang Thomas
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
Rocha Brian $355,000 --
Smith Kevin J $330,000 --
Property Acquisition G $209,000 --
Lang Thomas $174,900 --
Lang Thomas $174,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocha Brian $512,000
Closed Rocha Brian $511,000
Closed Rocha Brian $504,000
Previous Owner Smith Kevin J $497,000
Previous Owner Lang Thomas $313,500
Previous Owner Lang Thomas $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2018 02/05/18 Sold $355,000 -5.3% $221 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/10/2017 11/10/17 Price Changed $375,000 -6.2% $233 / Sq Ft
10/18/2017 10/18/17 For Sale $399,999 +21.2% $249 / Sq Ft
08/23/2012 08/23/12 Sold $330,000 -5.7% $205 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
06/14/2012 06/14/12 Price Changed $350,000 -4.1% $218 / Sq Ft
04/11/2012 04/11/12 Price Changed $364,900 -2.7% $227 / Sq Ft
03/29/2012 03/29/12 Price Changed $374,900 -1.3% $233 / Sq Ft
11/07/2011 11/07/11 Price Changed $379,900 -2.6% $236 / Sq Ft
10/23/2011 10/23/11 For Sale $389,900 -- $242 / 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 $10,775 $1,020,400 $626,900 $393,500
2024 $10,336 $983,400 $602,700 $380,700
2023 $10,358 $916,600 $571,600 $345,000
2022 $9,677 $807,100 $525,000 $282,100
2021 $8,836 $665,900 $400,500 $265,400
2020 $7,887 $566,600 $346,100 $220,500
2019 $5,474 $393,500 $330,500 $63,000
2018 $4,822 $350,400 $287,400 $63,000
2017 $4,829 $350,400 $287,400 $63,000
2016 $4,640 $320,000 $257,000 $63,000
2015 $4,637 $320,000 $257,000 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72245062

MLS Property Information Network (MLS PIN)

APN: LYNF-000035-000000-000412