NOT LISTED FOR SALE

40 Grey Ln Lynnfield, MA 01940

Estimated Value: $1,129,000 - $1,447,000

4 Beds
2.5 Baths
3,039 Sq Ft
$420/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $698,000 $230 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,164/month

123 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Landscaped Professionally
  • Lynnfield High School Rated A
  • Spa
  • Deck

About This Home

As of August 2017

Sun filled Will built 10 room Contemporary Split Entry in prestigious King James Grant offering a fireplace living room, all applianced kitchen open to family room with gas fireplace and vaulted beamed ceiling, formal dining room, bright sunroom leading to deck, 4 bedrooms, game room, exercise room, 2 1/2 baths and 2 car garage. Hardwood floors, central air conditioning, underground sprinklers and security system.

Last Listed By

Marcia Poretsky

Berkshire Hathaway HomeServices Commonwealth Real Estate License #454000929 Listed on: 02/23/2017

Berkshire Hathaway HomeServices Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,294

Year Built

  • Built in 1972

Lot Details

  • 0.98 Acre Lot
  • Near Conservation Area
  • Landscaped Professionally
  • Level Lot
  • Wooded Lot
  • Property is zoned RC

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,039 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Game Room
  • Sun or Florida Room
  • Home Gym
  • Home Security System

Kitchen

  • Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Spa
  • Deck
  • Rain Gutters

Location

  • Property is near schools

Schools

  • Summer Elementary School
  • Lynnfield Middle School
  • Lynnfield High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater
  • 220 Volts
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 2582
  • Assessor Parcel Number 1980357

Community Details

Overview

  • No Home Owners Association
  • King James Grant Subdivision

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,294

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1972
  • Levels: Split Entry
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Subdivision Name: King James Grant
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Ceiling Fan(s), Sun Room, Game Room, Exercise Room
  • Door Features: Insulated Doors
  • Fireplace Features: Family Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Oven,Dishwasher,Trash Compactor,Microwave,Countertop Range,Refrigerator,Freezer,Washer,Dryer, Gas Water Heater,Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Basement
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom3 Area: 144
  • Room Bedroom3 Level: Basement
  • Room Bedroom4 Area: 132
  • Room Bedroom4 Level: Basement
  • Room Bedroom4 Features: Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 240
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 3 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 156
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood
  • Room Family Room Area: 187
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Kitchen Area: 234
  • Laundry Features: First Floor, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 260
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Finished, Walk-Out Access, Garage Access, Concrete
  • Accessibility Features: No
  • Living Area: 3039
  • Spa YN: Yes
  • Window Features: Insulated Windows, Screens
  • MAIN LO: C69100
  • LIST PRICE PER Sq Ft: 236.59
  • PRICE PER Sq Ft: 229.68
  • MAIN SO: C69100

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 180
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, for Electric Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air
  • Heating: Baseboard, Electric Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1980357
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Level
  • Lot Size Acres: 0.98
  • Lot Size Area: 0.98
  • Lot Size Sq Ft: 42688.799999
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 42802
  • PAGE: 0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10293.6
  • Tax Book Number: 0
  • Tax Lot: 2582
  • Tax Map Number: 17

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Lynnfield Hs
  • Elementary School: Summer
  • Middle Or Junior School: Lynnfield Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Aug 11, 2017
Sold by
Webber Joann F
Bought by
Martignetti Paul and Martignetti Elizabeth
Seller's Agent
Marcia Poretsky
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Marcia Poretsky
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$839,900
Sold Price
$698,000
Premium/Discount to List
-$141,900
-16.89%
Total Days on Market
123
Current Estimated Value
$1,277,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,330
Avg. Annual Appreciation
7.51%
Original Mortgage
$547,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Sold by
Webber Gerald A and Webber Joann F
Bought by
Webber Joann F

Purchase Details

Closed on
May 6, 2013
Sold by
Webber Joann F
Bought by
Webber Gerald A and Webber Joann F

Purchase Details

Closed on
Jan 14, 2013
Sold by
Webber Joann F and Webber Gerald A
Bought by
Webber Gerald A and Webber Joann F

Purchase Details

Closed on
Mar 12, 2007
Bought by
Webber Gerald A and Webber Joann F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1979
Bought by
Webber Gerald A and Webber Joann F

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
Martignetti Paul $684,040 --
Webber Joann F -- --
Webber Gerald A -- --
Webber Gerald A -- --
Webber Gerald A -- --
Webber Gerald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martignetti Paul $500,000
Closed Martignetti Paul $547,200
Previous Owner Webber Gerald A $398,200
Previous Owner Webber Gerald A $417,000
Previous Owner Webber Gerald A $233,000
Previous Owner Webber Gerald A $50,000
Previous Owner Webber Gerald A $219,000
Previous Owner Webber Gerald A $1,000,000
Previous Owner Webber Gerald A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $698,000 -2.9% $230 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/21/2017 06/21/17 Price Changed $719,000 -5.4% $237 / Sq Ft
04/28/2017 04/28/17 Price Changed $759,900 -4.9% $250 / Sq Ft
04/05/2017 04/05/17 Price Changed $799,000 -4.9% $263 / Sq Ft
02/23/2017 02/23/17 For Sale $839,900 -- $276 / 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 $12,167 $1,152,200 $766,600 $385,600
2024 $11,783 $1,121,100 $744,200 $376,900
2023 $11,625 $1,028,800 $659,200 $369,600
2022 $11,229 $936,500 $616,700 $319,800
2021 $10,702 $806,500 $510,500 $296,000
2020 $10,610 $762,200 $463,800 $298,400
2019 $10,217 $734,500 $436,100 $298,400
2018 $10,645 $773,600 $436,100 $337,500
2017 $10,294 $747,000 $436,100 $310,900
2016 $10,598 $730,900 $436,100 $294,800
2015 -- $687,200 $392,400 $294,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72122229

MLS Property Information Network (MLS PIN)

APN: LYNF-000017-000000-002582