$490,000
SOLD JUL 18, 2024

325 Walnut St Lynnfield, MA 01940

0.7 Acre
$700,000 Price per Acre
30,492 Sq Ft Lot

Recently Sold

$236 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Jogging Path
  • Lynnfield High School Rated A
  • No HOA
  • Shops

About This Lot

As of July 2024

ATTENTION BUILDERS AND INVESTORS! Make a smart investment in a great town with excellent schools. Steps to the new Market Street shopping area with world class restaurants, entertainment and upscale shops. Easy access to nine hole executive golf course, Pillings Pond, Whole Foods, Starbucks and multiple other restaurants and retail shops. Very convenient to major highways. Title V, engineering, permits and all due diligence is the responsibility of the buyer. ALL SHOWINGS MUST BE ACCOMPANIED. DO NOT ENTER THE PROPERTY WITHOUT PERMISSION FROM LISTING AGENT.

Last Agent to Sell the Property

Peggy Patenaude

William Raveis R.E. & Home Services Listed on: 06/24/2024

William Raveis R.E. & Home Services

Co-Listed By

Ellen Crawford

Leading Edge Real Estate

Last Buyer's Agent

Keith Littlefield

Littlefield Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,065

Lot Details

  • 0.7 Acre Lot
  • Sloped Lot
  • Property is zoned RB

Schools

  • Huckleberry Elementary School
  • Lynnfield Middle School
  • Lynnfield High School

Utilities

  • Electricity To Lot Line
  • Private Sewer

Listing and Financial Details

  • Tax Lot 2543
  • Assessor Parcel Number 1982961

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Jogging Path
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$8,065

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: M59500
  • MAIN SO: NB5013

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Private Sewer
  • Gas: Nearby
  • Electric: On-Site, At Street
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Walk/Jog Trails, Golf, Medical Facility, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1982961
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Size Sq Ft: 30662
  • Lot Size Units: Acres
  • PAGE: 267
  • PERC TEST: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8065
  • Tax Block: 0000
  • Tax Book Number: 33498
  • Tax Lot: 2543
  • Tax Map Number: 0045

MLS Schools

  • High School: Lynnfield
  • Elementary School: Huckleberry
  • Middle Or Junior School: Lynnfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2014
Sold by
Okeefe Louis F and Okeefe Patricia A
Bought by
Stelline Kathleen A and Okeefe Michael P
Current Estimated Value
$1,120,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.12%
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 Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 Purchase Money Mortgage
Closed $330,000 Purchase Money Mortgage
Closed $75,000 No Value Available
Previous Owner $34,500 No Value Available
Previous Owner $70,000 No Value Available
Previous Owner $70,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $490,000 -6.7% $236 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $525,000 -- $253 / 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 $8,225 $778,900 $530,400 $248,500
2024 $8,065 $767,400 $522,600 $244,800
2023 $7,599 $672,500 $449,700 $222,800
2022 $7,364 $614,200 $426,600 $187,600
2021 $6,979 $525,900 $355,500 $170,400
2020 $6,306 $453,000 $301,500 $151,500
2019 $6,063 $435,900 $284,400 $151,500
2018 $6,032 $438,400 $284,400 $154,000
2017 $5,797 $420,700 $266,700 $154,000
2016 $5,793 $399,500 $261,300 $138,200
2015 $5,766 $397,900 $260,600 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73256677

MLS Property Information Network (MLS PIN)

APN: LYNF-000045-000000-002543