Seller's Agent in 2022
Nancy Peterson
J. Barrett & Company
(978) 922-3683
1 in this area
65 Total Sales
390 Salem St Lynnfield, MA 01940
Estimated Value: $2,060,215 - $2,753,000
4
Beds
4.5
Baths
6,882
Sq Ft
$326/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Spa
- Open Floorplan
- Lynnfield High School Rated A
- 5.92 Acre Lot
- Landscaped Professionally
About This Home
As of March 2022Nestled at the end of a long, tree-lined drive on almost 6 verdant acres, this Lynnfield estate features a custom built residence with architectural details evoking Old World elegance: private balconies for every bedroom, stone-front fireplaces and exquisite woodworking. Dedicated private spaces integrated within the versatile, sprawling 3-story layout make this home ideal for multi-generational family scenarios, today’s lifestyles and when entertaining. Traffic flows freely between the chic kitchen with custom bird’s eye maple cabinets to living areas bordered by window walls that open to a wrap-around balcony overlooking the courtyard. Privacy and function reign in the lower level with a guest suite/home office and a huge family room, each with separate entrances. The beautifully landscaped outdoor living area with a built-in fire pit has ample room for an outdoor kitchen, pool and/or tennis court. Escape to this rare find less than 15 miles to Boston. SHOWINGS BY APPT ONLY.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,527
Year Built
- Built in 2000
Lot Details
- 5.92 Acre Lot
- Property fronts an easement
- Near Conservation Area
- Stone Wall
- Landscaped Professionally
- Level Lot
- Sprinkler System
- Wooded Lot
- Property is zoned RB
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Villa
- Brick Exterior Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,882 Sq Ft Home
- Open Floorplan
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Recessed Lighting
- Decorative Lighting
- Insulated Windows
- Window Screens
- French Doors
- Sliding Doors
- Insulated Doors
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Great Room
- Bonus Room
- Attic Access Panel
- Home Security System
Kitchen
- Breakfast Bar
- Oven
- Cooktop
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
- Dual Closets
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bidet
- Soaking Tub
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry on main level
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Garage Access
- Block Basement Construction
Eco-Friendly Details
- Energy-Efficient Thermostat
- Whole House Vacuum System
Outdoor Features
- Spa
- Balcony
- Patio
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Lynnfield Middle School
- Lynnfield High School
Utilities
- Central Air
- 2 Cooling Zones
- 8 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- 220 Volts
- Water Treatment System
- Private Water Source
- Oil Water Heater
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number M:0051 B:0000 L:1635,1983474
Community Details
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2021
Closed on
Mar 1, 2022
Sold by
A Giugliano Salem St Rt
Bought by
Korman Daniel D
Seller's Agent
Nancy Peterson
J. Barrett & Company
Buyer's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
List Price
$2,099,000
Sold Price
$1,725,000
Premium/Discount to List
-$374,000
-17.82%
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
$525,943
Avg. Annual Appreciation
4.96%
Original Mortgage
$1,207,500
Outstanding Balance
$1,138,141
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$901,402
Purchase Details
Closed on
May 23, 1994
Sold by
Harrington Francis
Bought by
A Giugliano Salem St R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Korman Daniel D | $1,725,000 | None Available | |
| A Giugliano Salem St R | $68,250 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Korman Daniel D | $1,207,500 | |
| Closed | Korman Daniel D | $1,207,500 | |
| Previous Owner | Antoinette G Salem St Rt | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2022 03/01/22 | Sold | $1,725,000 | -17.8% | $251 / Sq Ft |
| 12/29/2021 12/29/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $2,099,000 | -- | $305 / 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 | $20,682 | $1,958,500 | $501,700 | $1,456,800 |
| 2024 | $19,651 | $1,869,700 | $477,800 | $1,391,900 |
| 2023 | $19,511 | $1,726,600 | $401,400 | $1,325,200 |
| 2022 | $18,085 | $1,508,300 | $365,900 | $1,142,400 |
| 2021 | $12,527 | $944,000 | $203,400 | $740,600 |
| 2020 | $12,895 | $926,400 | $184,300 | $742,100 |
| 2019 | $12,641 | $908,800 | $166,700 | $742,100 |
| 2018 | $12,505 | $908,800 | $166,700 | $742,100 |
| 2017 | $11,644 | $845,000 | $152,300 | $692,700 |
| 2016 | $10,163 | $700,900 | $152,300 | $548,600 |
| 2015 | $9,077 | $626,400 | $136,700 | $489,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Hilary Foutes
Sagan Harborside Sotheby's International Realty
(781) 254-3840
1 in this area
59 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72885298
APN: LYNF-000051-000000-001635
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