5 Maddison Ln Lynnfield, MA 01940
Estimated Value: $1,494,864 - $2,011,000
4
Beds
4
Baths
3,895
Sq Ft
$433/Sq Ft
Est. Value
About This Home
This home is located at 5 Maddison Ln, Lynnfield, MA 01940 and is currently estimated at $1,686,716, approximately $433 per square foot. 5 Maddison Ln is a home located in Essex County with nearby schools including Lynnfield Middle School, Pickering Middle School, and Lynnfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2020
Sold by
Macdonald Rt
Bought by
Macdonald Brian J and Walsh-Macdonald Siobhan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Outstanding Balance
$304,544
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,382,172
Purchase Details
Closed on
Oct 10, 2019
Sold by
Macdonald Brian and Macdonald Walsh
Bought by
Macdonald Rt
Purchase Details
Closed on
Nov 15, 2011
Sold by
Richard Wayne A and Richard Diane J
Bought by
Macdonald Brian and Walsh Siobhan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 1994
Sold by
Tambone Anthony A and Tambone Patricia L
Bought by
Richard Wayne A and Richard Diane J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Macdonald Brian J | -- | None Available | |
| Macdonald Rt | -- | None Available | |
| Macdonald Brian | $731,500 | -- | |
| Macdonald Brian | $731,500 | -- | |
| Richard Wayne A | $455,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Macdonald Brian J | $433,000 | |
| Previous Owner | Richard Wayne A | $450,000 | |
| Previous Owner | Macdonald Brian | $450,000 | |
| Previous Owner | Richard Wayne A | $452,000 |
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 | $13,358 | $1,265,000 | $711,900 | $553,100 |
| 2024 | $12,923 | $1,229,600 | $691,200 | $538,400 |
| 2023 | $12,428 | $1,099,800 | $612,200 | $487,600 |
| 2022 | $11,932 | $995,200 | $572,700 | $422,500 |
| 2021 | $11,057 | $833,200 | $434,500 | $398,700 |
| 2020 | $11,052 | $794,000 | $395,000 | $399,000 |
| 2019 | $10,652 | $765,800 | $395,000 | $370,800 |
| 2018 | $10,537 | $765,800 | $395,000 | $370,800 |
| 2017 | $10,281 | $746,100 | $375,300 | $370,800 |
| 2016 | $10,630 | $733,100 | $361,500 | $371,600 |
| 2015 | $9,650 | $666,000 | $361,100 | $304,900 |
Source: Public Records
Map
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