NOT LISTED FOR SALE

490 Main St Lynnfield, MA 01940

Estimated Value: $852,000 - $972,000

3 Beds
2 Baths
2,124 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $472,500 $222 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,657/month

44 Days on Market

About This Home

As of June 2014

Looks can be deceiving in this tastefully updated 3 bedroom cape. This 8 room home offers a formal fireplace living room with built-in book shelves and a formal dining room open to the new granite and stainless eat-in kitchen. There is also a first floor bedroom, renovated full bath and a family room with a wall of windows overlooking the yard and woods behind it. The second floor offer a large master with 2 closets, another front to back bedroom and a new full bath. Bonus room in the heated basement makes for great office or play room. Newer windows, roof, siding and heat. Freshly painted and hardwoods through-out. Large screened in deck off family room is perfect for the summer nights. This home is move-in ready. Convenient to major highways, local shops, and restaurants.

Last Listed By

Deborah Miller

Leading Edge Real Estate Listed on: 05/02/2014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,856

Year Built

1953

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Amenities: Shopping, Tennis Court, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full, Partially Finished, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 10X14
  • Bedroom 3: First Floor, 12X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 18X12
  • Laundry Room: Basement
  • Living Room: First Floor, 15X12
  • Master Bedroom: Second Floor, 14X14
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor, 12X10
  • Family Room: First Floor, 15X11

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Gutters
  • Foundation: Concrete Block

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 3
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 30, 2014
Sold by
Scaduto Jason S
Bought by
Mcgrath Robert and Mcgrath Tracy E
Seller's Agent
Deborah Miller
Leading Edge Real Estate
Buyer's Agent
Maria Salzillo
J. Barrett & Company
List Price
$489,900
Sold Price
$472,500
Premium/Discount to List
-$17,400
-3.55%
Total Days on Market
44
Current Estimated Value
$898,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,547
Avg. Annual Appreciation
5.81%
Original Mortgage
$353,500
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2014
Closed on
Apr 11, 2014
Sold by
Giunta Rose
Bought by
Scaduto Jason S
Seller's Agent
Virginia Ciulla
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Deborah Miller
Leading Edge Real Estate
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.22%

Range of Values:

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Average Value
Not Available
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
Mcgrath Robert $472,500 --
Scaduto Jason S $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Robert V $352,000
Closed Mcgrath Robert V $50,000
Closed Mcgrath Robert $40,000
Closed Mcgrath Robert $353,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $472,500 0.0% $222 / Sq Ft
06/15/2014 06/15/14 Pending -- -- --
06/06/2014 06/06/14 Off Market $472,500 -- --
05/20/2014 05/20/14 Price Changed $479,900 -2.0% $226 / Sq Ft
05/02/2014 05/02/14 For Sale $489,900 +25.6% $231 / Sq Ft
04/11/2014 04/11/14 Sold $390,000 0.0% $144 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/05/2014 03/05/14 Off Market $390,000 -- --
01/16/2014 01/16/14 For Sale $410,000 -- $151 / 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 $7,856 $743,900 $512,000 $231,900
2024 $7,703 $732,900 $504,400 $228,500
2023 $7,225 $639,400 $434,100 $205,300
2022 $7,062 $589,000 $411,800 $177,200
2021 $6,740 $507,900 $343,200 $164,700
2020 $6,343 $455,700 $291,000 $164,700
2019 $6,109 $439,200 $274,500 $164,700
2018 $6,043 $439,200 $274,500 $164,700
2017 $5,817 $422,100 $257,400 $164,700
2016 $6,019 $415,100 $252,200 $162,900
2015 $5,863 $404,600 $251,500 $153,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71674476

MLS Property Information Network (MLS PIN)

APN: LYNF-000028-000000-000596