5 Homestead Rd Lynnfield, MA 01940
Estimated Value: $1,044,000 - $1,132,642
3
Beds
4
Baths
2,382
Sq Ft
$457/Sq Ft
Est. Value
About This Home
This home is located at 5 Homestead Rd, Lynnfield, MA 01940 and is currently estimated at $1,088,411, approximately $456 per square foot. 5 Homestead Rd is a home located in Essex County with nearby schools including Pickering Middle School, Lynnfield High School, and Covenant Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 8, 2017
Sold by
Lynch John D and Dalzell-Lynch Mary M
Bought by
Lynch Matthew T and Lynch Timothy B
Current Estimated Value
Purchase Details
Closed on
Jun 30, 1993
Sold by
Kasle Robert J and Kasle Heidi
Bought by
Lynch John D and Lynch Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.46%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lynch Matthew T | -- | -- | |
| Lynch John D | $219,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dalzell-Lynch Mary M | $179,000 | |
| Previous Owner | Lynch John D | $125,000 | |
| Previous Owner | Deflumeri Robert J | $171,000 | |
| Previous Owner | Deflumeri Robert J | $187,500 | |
| Previous Owner | Deflumeri Robert J | $175,200 | |
| Previous Owner | Deflumeri Robert J | $148,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,365 | $886,800 | $565,900 | $320,900 |
| 2024 | $8,963 | $852,800 | $544,200 | $308,600 |
| 2023 | $8,971 | $793,900 | $516,200 | $277,700 |
| 2022 | $8,540 | $712,300 | $474,200 | $238,100 |
| 2021 | $7,844 | $591,100 | $386,700 | $204,400 |
| 2020 | $7,669 | $550,900 | $346,500 | $204,400 |
| 2019 | $7,663 | $550,900 | $346,500 | $204,400 |
| 2018 | $7,580 | $550,900 | $346,500 | $204,400 |
| 2017 | $7,422 | $538,600 | $334,200 | $204,400 |
| 2016 | $7,125 | $491,400 | $287,000 | $204,400 |
| 2015 | $7,104 | $490,300 | $285,900 | $204,400 |
Source: Public Records
Map
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