NOT LISTED FOR SALE

5 Flax Pond Terrace Lynn, MA 01904

Lynn English Neighborhood

Estimated Value: $556,000 - $737,680

3 Beds
3 Baths
1,300 Sq Ft
$508/Sq Ft Est. Value

About This Home

This home is located at 5 Flax Pond Terrace, Lynn, MA 01904 and is currently estimated at $660,920, approximately $508 per square foot. 5 Flax Pond Terrace is a home located in Essex County with nearby schools including Edward A. Sisson Elementary School, William R. Fallon School, and Pickering Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Wallace John H
Bought by
Wallace John H and Wallace Louise M
Current Estimated Value
$660,920

Purchase Details

Closed on
May 29, 1998
Sold by
Guy Joseph F
Bought by
Gerson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1997
Sold by
Downing Edward J
Bought by
Wallace John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wallace John H -- None Available
Gerson Melissa $143,000 --
Wallace John H $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace John H $143,000
Previous Owner Wallace John H $171,730
Previous Owner Gerson Melissa $73,000
Previous Owner Wallace John H $115,000
Source: Public Records

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 $7,419 $716,100 $252,300 $463,800
2024 $7,121 $676,300 $246,600 $429,700
2023 $6,903 $619,100 $231,800 $387,300
2022 $6,781 $545,500 $182,300 $363,200
2021 $6,538 $501,800 $184,600 $317,200
2020 $6,258 $467,000 $166,300 $300,700
2019 $6,409 $448,200 $162,700 $285,500
2018 $6,077 $401,100 $151,400 $249,700
2017 $5,646 $361,900 $133,700 $228,200
2016 $5,500 $339,900 $123,600 $216,300
2015 $5,449 $325,300 $131,300 $194,000
Source: Public Records

Map

Massachusetts Essex County Lynn 01904 Lynn English

5 Flax Pond Terrace, Lynn, MA

This home is located at 5 Flax Pond Terrace, Lynn, MA 01904 and is currently estimated at $660,920, approximately $508 per square foot. 5 Flax Pond Terrace is a home located in Essex County with nearby schools including Edward A. Sisson Elementary School, William R. Fallon School, and Pickering Middle School.

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