NOT LISTED FOR SALE

55 Fairview Ave Lynnfield, MA 01940

Estimated Value: $834,000 - $933,000

3 Beds
3 Baths
2,037 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $660,000 $324 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,449/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Lynnfield High School Rated A

About This Home

As of September 2020

Opportunity! Don't miss your chance to move into this charming 3 bedroom colonial with 2.5 baths, hardwood floors, formal dining room and living room with fireplace. Master bedroom suite with walk-in closet and full bath. All bedrooms are large with lots of closet space. Lower level partially finished with office space, laundry and lots of storage. Enjoy relaxing and viewing the outdoors in this bright and sunny 4 seasons Florida room heated with gas and cooled with built-in air-conditioner. Wooded lot with attached 1 car garage. Excellent commuter location close to major highways. Showings by appointment start on Sat 12-2pm Sun 12-2. Offers due by Wed 12pm. Seller reserves the right to accept an offer prior to Wed. offer deadline.

Last Agent to Sell the Property

Kate Fabrizio

J. Barrett & Company Listed on: 07/29/2020

Last Buyer's Agent

Rajive Dogra

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,469

Year Built

  • Built in 1948

Lot Details

  • Year Round Access
  • Property is zoned RA

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Private Sewer

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,469

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 299.41
  • Comp Based On: Net Sale Price
  • Year Built: 1948
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Appliances: Range, Disposal, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 14X16, Bathroom - Full, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Dimension: 12X16, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Dimension: 10X15, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • Bathroom 3: On Level: Second Floor
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 10X12, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Family Room: On Level: First Floor, Dimension: 12X16, Flooring - Hardwood, Main Level
  • Kitchen: On Level: First Floor, Dimension: 12X12, Ceiling Fan(s)
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 12X20, Fireplace, Flooring - Wall to Wall Carpet, Window(s) - Picture, Main Level
  • Basement: Y
  • Basement Features: Full, Partially Finished, Interior Access, Concrete Floor, Exterior Access
  • Other Room 1: Name: Sun Room, On Level: First Floor, Dimension: 11X20
  • Main Lo: C95243
  • Main So: AN6181
  • Estimated Sq Ft: 2037.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Deck
  • Foundation: Poured Concrete
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2
  • Garage Parking: Attached
  • Garage Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Heating: Central Heat, Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Private School

Schools

  • Elementary School: Huckleberry
  • Middle School: LMS
  • High School: LHS

Lot Info

  • Assessments: 485000.00
  • Lot: 124
  • Acre: 0.31
  • Lot Size: 13300.00
  • Page: 357
  • Zoning: RA
  • Lot Description: Paved Drive, Cleared, Level

Tax Info

  • Taxes: 6751.20
  • Assessor Parcel Number: 1983734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 25, 2020
Sold by
Eriksen Robert J and Eriksen Sookhim
Bought by
National Rt
Seller's Agent
Kate Fabrizio
J. Barrett & Company
Buyer's Agent
Rajive Dogra
Coldwell Banker Realty - Lexington
List Price
$609,900
Sold Price
$660,000
Premium/Discount to List
$50,100
8.21%
Current Estimated Value
$894,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,577
Avg. Annual Appreciation
5.24%
Original Mortgage
$606,750
Outstanding Balance
$545,734
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$306,107

Purchase Details

Closed on
May 7, 1986
Bought by
Eriksen Robert J
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
National Rt $660,000 None Available
Eriksen Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open National Rt $606,750
Previous Owner Eriksen Robert J $355,220
Previous Owner Eriksen Robert J $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $660,000 +8.2% $324 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $609,900 -- $299 / 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 $8,469 $802,000 $479,800 $322,200
2024 $7,663 $729,100 $436,200 $292,900
2023 $7,592 $671,900 $413,800 $258,100
2022 $7,416 $618,500 $396,500 $222,000
2021 $6,984 $526,300 $317,200 $209,100
2020 $6,751 $485,000 $275,900 $209,100
2019 $6,746 $485,000 $275,900 $209,100
2018 $6,641 $482,600 $275,900 $206,700
2017 $6,412 $465,300 $258,600 $206,700
2016 $6,360 $438,600 $246,500 $192,100
2015 $6,351 $438,300 $246,200 $192,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72700856

MLS Property Information Network (MLS PIN)

APN: LYNF-000053-000000-000124