NOT LISTED FOR SALE

4 Joseph Ln Lynnfield, MA 01940

Estimated Value: $2,374,000 - $2,636,000

4 Beds
5 Baths
6,515 Sq Ft
$381/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $1,177,000 $181 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $15,213/month

61 Days on Market

About This Home

As of November 2016

Magnificent Lynnfield home. Located in exclusive neighborhood with only 5 other homes. Stately layout of approximately 6515 square feet. Featuring 4 bedrooms each with en suite baths, master bath complete with Jacuzzi garden tub, stall shower and water closet. Master suite includes private balcony and fireplace. This custom home also boasts music room, formal dining room with wainscoting, media room, custom kitchen with high end finishes including sub zero fridge. This superior family home also features 3 fireplaces, floor to ceiling windows & doors, wet bar and beautifully appointed catwalk on second floor. Extra custom finishes include motorized remote chandelier in center foyer(chandelier not included), finishable full size over 3000 square foot basement, where you will find 6 individual heat/a/c systems-zones. 3 car over sized garage, large full size walk up attic with plywood floor and 15 foot height- approximate. Septic system unknown condition.

Last Agent to Sell the Property

Diane Amato

Vylla Home Listed on: 11/04/2015

Vylla Home

Last Buyer's Agent

Diane Amato

Vylla Home Listed on: 11/04/2015

Vylla Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,867

Year Built

  • 2005

Lot Details

  • 1

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,867

Year Built

2005

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Gentle Slope, Other (See Remarks)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Electric: 220 Volts, Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet, Marble, Pine
  • Interior Amenities: Central Vacuum, Wetbar
  • Basement: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet - Walk-in, Flooring - Wall to Wall Carpet, Flooring - Marble, Balcony / Deck, Double Vanity, Exterior Access
  • Dining Room: First Floor
  • Family Room: First Floor
  • No Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Lo: AN0507
  • Main So: AN0507
  • Estimated Sq Ft: 6515.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood, Stone
  • Exterior Features: Deck, Patio, Balcony
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Storage, Side Entry
  • Garage Spaces: 3
  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 6
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Sewer: Private Sewerage
  • Water: Other (See Remarks)

Lot Info

  • Zoning: RC
  • Acre: 1.00
  • Lot Size: 43560.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Nov 3, 2016
Sold by
Bank New York Mellon T
Bought by
Zaheer Khurram and Zaheer Nomeeta K
Seller's Agent
Diane Amato
Vylla Home
Buyer's Agent
Diane Amato
Vylla Home
List Price
$1,299,000
Sold Price
$1,177,000
Premium/Discount to List
-$122,000
-9.39%
Current Estimated Value
$2,484,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,307,470
Avg. Annual Appreciation
8.76%
Original Mortgage
$1,061,000
Outstanding Balance
$867,021
Interest Rate
4%
Mortgage Type
Unknown
Estimated Equity
$1,617,449

Purchase Details

Closed on
Apr 13, 2015
Sold by
Forbes Michael and Bank New York Mellon T
Bought by
Bank New York Mellon T

Purchase Details

Closed on
Oct 21, 2005
Sold by
Joseph Lane Llc
Bought by
Forbes Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,318,800
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Zaheer Khurram $1,177,000 --
Bank New York Mellon T $1,088,000 --
Forbes Michael $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaheer Khurram $1,061,000
Previous Owner Forbes Michael $109,318,800
Previous Owner Forbes Michael $294,132
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $1,177,000 -4.7% $181 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/28/2015 12/28/15 Price Changed $1,235,000 -4.9% $190 / Sq Ft
11/04/2015 11/04/15 For Sale $1,299,000 -- $199 / 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 $23,867 $2,260,100 $804,000 $1,456,100
2024 $22,089 $2,101,700 $744,400 $1,357,300
2023 $20,738 $1,835,200 $680,700 $1,154,500
2022 $20,664 $1,723,400 $680,700 $1,042,700
2021 $19,129 $1,441,500 $595,700 $845,800
2020 $19,385 $1,392,600 $541,300 $851,300
2019 $18,945 $1,362,000 $510,700 $851,300
2018 $18,741 $1,362,000 $510,700 $851,300
2017 $18,768 $1,362,000 $510,700 $851,300
2016 $18,010 $1,242,100 $436,300 $805,800
2015 $17,998 $1,242,100 $436,300 $805,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71928018

MLS Property Information Network (MLS PIN)

APN: LYNF-000016-000000-000314