NOT LISTED FOR SALE

438 Broadway Lynnfield, MA 01940

Estimated Value: $761,000 - $1,015,000

3 Beds
2.5 Baths
1,968 Sq Ft
$450/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2024

Last sale price $850,000 $432 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,462 / mo

86 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Porch
  • Lynnfield Middle School Rated A
  • Home Office
  • Bathtub with Shower

About This Home

As of March 2024

OWNER WANTS TO SELL! Lynnfield! Newly renovated rare two family. New roofs, new vinyl siding, new electric with dimmers. Two new kitchens with new appliances and cabinets. New bathrooms with granite to match throughout the two units. All floors are new tile or hardwood. Freshly painted throughout both units. Newly paved driveway and walkways. New title 5 four bedroom septic system. Separate renovated heated studio that owner can use as a home office or gym. This house is move in ready!

Last Agent to Sell the Property

Charles Raso

Picture Perfect Properties Listed on: 11/10/2023

Last Buyer's Agent

Alexander Colarusso

Colarusso Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,904

Year Built

  • Built in 1930

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,968 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Location

  • Property is near schools

Schools

  • Huckleberry Hil Elementary School

Utilities

  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Private Sewer

Community Details

  • 2 Units
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 1983646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,904

Year Built

Built in 1930

Lot Details

9,583 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Year Built Details: Certified Historic
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood, Wood
  • Interior Amenities: Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Other, Living Room, Dining Room, Kitchen, Office/Den, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 1968
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB5008
  • MAIN SO: AN6830

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Private Sewer
  • Heating: Baseboard, Natural Gas
  • Electric: Circuit Breakers, 200+ Amp Service, Other (See Remarks)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Shopping, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1983646
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6904

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • Elementary School: Huckleberry Hil

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 7, 2024
Sold by
Bought by
Seller's Agent
Charles Raso
Picture Perfect Properties
Buyer's Agent
Alexander Colarusso
Colarusso Realty
List Price
$949,000
Sold Price
$850,000
Premium/Discount to List
-$99,000
-10.43%
Views
496
Current Estimated Value
$889,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,568
Avg. Annual Appreciation
1.80%
Original Mortgage
$595,000
Interest Rate
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 4, 2024
Sold by
Bought by
Seller's Agent
Charles Raso
Picture Perfect Properties
Buyer's Agent
Alexander Colarusso
Colarusso Realty
List Price
$949,000
Sold Price
$850,000
Premium/Discount to List
-$99,000
-10.43%
Views
496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 27, 2023
Sold by
Bought by
Seller's Agent
Chris Blasczak
Real Broker MA, LLC
Buyer's Agent
Chris Blasczak
Real Broker MA, LLC
List Price
$849,900
Sold Price
$570,000
Premium/Discount to List
-$279,900
-32.93%
Views
276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.64%

Purchase Details

Closed on
Jan 12, 2022
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2014
Sold by
Bought by

Purchase Details

Closed on
May 19, 1986
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 None Available
$850,000 None Available
$570,000 None Available
-- None Available
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $595,000
Closed $595,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2024 03/07/24 Sold $850,000 -5.5% $432 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $899,000 -3.2% $457 / Sq Ft
01/12/2024 01/12/24 Price Changed $929,000 -2.1% $472 / Sq Ft
01/03/2024 01/03/24 Price Changed $949,000 0.0% $482 / Sq Ft
01/03/2024 01/03/24 For Sale $949,000 +11.6% $482 / Sq Ft
12/13/2023 12/13/23 Off Market $850,000 -- --
11/25/2023 11/25/23 Price Changed $985,000 -1.3% $501 / Sq Ft
11/10/2023 11/10/23 For Sale $998,000 +75.1% $507 / Sq Ft
07/31/2023 07/31/23 Sold $570,000 -15.6% $290 / Sq Ft View Prior Sale
06/07/2023 06/07/23 Pending -- -- --
06/03/2023 06/03/23 Price Changed $675,000 -20.6% $343 / Sq Ft
05/15/2023 05/15/23 For Sale $849,900 -- $432 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,890 $747,200 $443,100 $304,100
2024 $7,421 $706,100 $422,000 $284,100
2023 $6,904 $611,000 $350,300 $260,700
2022 $6,578 $548,600 $316,900 $231,700
2021 $6,861 $517,000 $293,600 $223,400
2020 $6,797 $488,300 $264,900 $223,400
2019 $6,425 $461,900 $238,500 $223,400
2018 $6,356 $461,900 $238,500 $223,400
2017 $6,066 $440,200 $216,800 $223,400
2016 $6,144 $423,700 $216,800 $206,900
2015 -- $416,900 $193,500 $223,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73179559

MLS Property Information Network (MLS PIN)

APN: LYNF-000052-000000-001823

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