NOT LISTED FOR SALE

357 Summer St Lynnfield, MA 01940

Estimated Value: $1,181,000 - $1,386,000

4 Beds
3 Baths
3,494 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $737,500 $211 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,472/month

14 Days on Market

About This Home

As of August 2016

Spacious one owner Garrison Colonial beautifully set back 150 ft. from street in a lovely estate setting. Drive up the long circular drive surrounded by gorgeous landscaping and mature plantings. First floor offers newly finished hardwood floors, large living room with fireplace and wall of windows which is open to the dining area also with hardwood floors. Large kitchen, screened porch overlooking the privacy in your own back yard. The lower level offers 3 separate offices all with exterior accesses. 2 car detached garage, new septic. This home awaits your personal touches to make this lovely home your own.

Last Agent to Sell the Property

Frank Rossetti

Coldwell Banker Realty - Lynnfield Listed on: 06/23/2016

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Kara Lawler

J. Barrett & Company

Home Details

Home Type

  • Single Family

Year Built

  • 1957

Lot Details

  • 0.69

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1957

Interior Features

  • Appliances: Range, Wall Oven
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 11
  • Amenities: Golf Course, Public School
  • Electric: 110 Volts, 220 Volts, Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Wood, Vinyl, Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Basement: Full, Finished, Walk Out, Interior Access
  • Bedroom 2: Second Floor, 15X14
  • Bedroom 3: Second Floor, 16X15
  • Bedroom 4: Second Floor, 14X11
  • Kitchen: First Floor, 16X14
  • Laundry Room: Basement, 17X8
  • Living Room: First Floor, 22X13
  • Master Bedroom: Second Floor, 22X13
  • Master Bedroom Description: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Dining Room: First Floor, 12X10
  • Family Room: Basement, 26X24
  • Oth1 Room Name: Home Office-Separate Entry
  • Oth1 Dimen: 12X10
  • Oth1 Dscrp: Closet/Cabinets - Custom Built, Exterior Access
  • Oth2 Room Name: Home Office-Separate Entry
  • Oth2 Dimen: 12X10
  • Oth2 Dscrp: Bathroom - Full
  • Oth3 Room Name: Sun Room
  • Oth3 Dimen: 13X8
  • Oth4 Dimen: 15X14

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 100.00
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch - Screened, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Heating: Central Heat, Hot Water Baseboard, Oil
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer
  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Zoning: res
  • Lot: 2091A

Multi Family

  • Foundation: 44 x 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 25, 2016
Sold by
Reed W Wesley and Reed Billings P
Bought by
Pelissier Mark J and Pelissier Jillian S
Seller's Agent
Frank Rossetti
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Kara Lawler
J. Barrett & Company
List Price
$750,000
Sold Price
$737,500
Premium/Discount to List
-$12,500
-1.67%
Current Estimated Value
$1,262,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,961
Avg. Annual Appreciation
5.89%
Original Mortgage
$590,000
Outstanding Balance
$471,118
Interest Rate
3.42%
Mortgage Type
Unknown
Estimated Equity
$791,343

Purchase Details

Closed on
Aug 19, 2014
Sold by
Reed W W and Reed Billings P
Bought by
Reed Way Rt and Reed W W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pelissier Mark J $737,500 --
Reed Way Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelissier Mark J $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2016 08/24/16 Sold $737,500 -1.7% $211 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $750,000 -- $215 / 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 $10,436 $988,300 $589,300 $399,000
2024 $11,456 $1,090,000 $580,600 $509,400
2023 $10,718 $948,500 $499,700 $448,800
2022 $10,313 $860,100 $474,000 $386,100
2021 $10,065 $758,500 $395,000 $363,500
2020 $9,045 $649,800 $335,000 $314,800
2019 $8,774 $630,800 $316,000 $314,800
2018 $8,680 $630,800 $316,000 $314,800
2017 $8,010 $581,300 $296,300 $285,000
2016 $8,036 $554,200 $290,400 $263,800
2015 $8,243 $568,900 $305,100 $263,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72028125

MLS Property Information Network (MLS PIN)

APN: LYNF-000034-000000-002091