Seller's Agent in 2021
Gina Bourikas
Lyv Realty
(978) 664-0075
3 in this area
73 Total Sales
331 Salem St Lynnfield, MA 01940
Estimated Value: $737,000 - $914,000
2
Beds
2
Baths
1,302
Sq Ft
$617/Sq Ft
Est. Value
About This Home
As of November 2021Now is your chance to own in Lynnfield at an affordable price! Move right into this warm and inviting Cape with too many updates to list! This picture perfect home with amazing curb appeal offers new appliances, quartz countertops, Mitsubishi electric mini-split systems (2020), septic system (2020), freshly painted throughout, & an expanded driveway allowing ample parking! Other features include a 1 car garage and desirable mud room. The outdoor living space is incredible and includes a deck, enormous patio and custom firepit perfect for entertaining! Looking for more living space? The unfinished walk-out basement has endless possibilities with potential to make into a play room, home office, or gym. Close to parks and schools plus other amenities including shops & restaurants at Market Street! Mins to major highways, Rt.1&128, makes it a great commuter location! Here is your opportunity to own in Lynnfield and enjoy everything it has to offer!
Last Buyer's Agent
Doreen Lewis
Redfin Corp.
Home Details
Home Type
Single Family
Est. Annual Taxes
$6,853
Year Built
1948
Lot Details
0
Parking
1
Listing Details
- Property Type: Residential
- Property Sub Type: Single Family Residence
- SUB AGENCY OFFERED: No
- Compensation Based On: Net Sale Price
- Architectural Style: Cape
- Carport Y N: No
- Directions: USE GPS
- Garage Yn: Yes
- Property Attached Yn: No
- Road Frontage Type: Public
- Road Surface Type: Paved
- Year Built Details: Actual
- Special Features: None
- Year Built: 1948
Interior Features
- Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
- Has Basement: Full, Walk-Out Access, Concrete, Unfinished
- Total Bathrooms: 2
- Master Bathroom Features: No
- MAIN LO: B95141
- LIST PRICE PER Sq Ft: 442.01
- PRICE PER Sq Ft: 480.03
- MAIN SO: NB3534
- Full Bathrooms: 2
- Total Bedrooms: 2
- Fireplace: No
- Flooring: Carpet
Exterior Features
- Roof: Shingle
- Foundation Details: Concrete Perimeter
- Construction Type: Frame
- Disclosures: Listing Agent Is Related To The Seller.
- Exclusions: Seller Is Taking The Refridgerator In The Garage, As Well As The Wine Fridge.
- Lot Features: Level
- Patio And Porch Features: Deck - Wood
- Waterfront: No
Garage/Parking
- Parking Features: Attached, Paved Drive, Off Street, Paved
- Attached Garage: Yes
- Covered Parking Spaces: 1
- Garage Spaces: 1
- Open Parking: Yes
- Total Parking Spaces: 10
Utilities
- Cooling: Ductless
- Heating: Baseboard, Oil
- Cooling Y N: Yes
- Electric: 200+ Amp Service
- Heating Yn: Yes
- Laundry Features: Washer Hookup
- Sewer: Private Sewer
- Utilities: for Electric Range, for Electric Dryer, Washer Hookup
- Water Source: Public
Condo/Co-op/Association
- Community Features: Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, Private School, Public School
Schools
- Elementary School: Huckleberry
- High School: Lynnfield High
- Middle Or Junior School: Lms
Lot Info
- LOT SIZE: 30000
- PAGE: 203
- Farm Land Area Units: Square Feet
- Lot Size Sq Ft: 30056.399999
- Zoning: RB
Tax Info
- Tax Annual Amount: 5833
- Tax Book Number: 38723
- Tax Year: 2021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2021
Closed on
Nov 12, 2021
Sold by
Mikol Kristy
Bought by
Montgomery James B
Seller's Agent
Gina Bourikas
Lyv Realty
Buyer's Agent
Doreen Lewis
Redfin Corp.
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,717
Avg. Annual Appreciation
6.93%
Original Mortgage
$613,679
Outstanding Balance
$568,341
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$235,191
Purchase Details
Closed on
Jul 16, 2020
Sold by
Olive Tree Rt
Bought by
Mikol Kristy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2010
Sold by
Abu-Zahra Ft and Abuzahra Said
Bought by
Abu-Zahra Tr Kareem S
Purchase Details
Closed on
Jul 12, 1985
Bought by
Olive Tree Rt
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montgomery James B | $625,000 | None Available | |
| Mikol Kristy | $474,000 | None Available | |
| Abu-Zahra Tr Kareem S | -- | -- | |
| Olive Tree Rt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montgomery James B | $613,679 | |
| Previous Owner | Mikol Kristy | $79,000 | |
| Previous Owner | Mikol Kristy | $379,200 | |
| Previous Owner | Olive Tree Rt | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2021 11/12/21 | Sold | $625,000 | +4.2% | $480 / Sq Ft |
| 10/04/2021 10/04/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $599,900 | -- | $461 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,853 | $649,000 | $472,100 | $176,900 |
| 2024 | $6,496 | $618,100 | $449,600 | $168,500 |
| 2023 | $5,930 | $524,800 | $373,200 | $151,600 |
| 2022 | $5,396 | $450,000 | $337,700 | $112,300 |
| 2021 | $5,833 | $439,600 | $312,800 | $126,800 |
| 2020 | $5,693 | $409,000 | $282,200 | $126,800 |
| 2019 | $5,298 | $380,900 | $254,100 | $126,800 |
| 2018 | $5,124 | $372,400 | $254,100 | $118,300 |
| 2017 | $4,813 | $349,300 | $231,000 | $118,300 |
| 2016 | $5,065 | $349,300 | $231,000 | $118,300 |
| 2015 | $4,701 | $324,400 | $206,100 | $118,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2021
Doreen Lewis
Redfin Corp.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72895316
APN: LYNF-000051-000000-002264
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