NOT LISTED FOR SALE

55 Homestead Rd Lynnfield, MA 01940

Estimated Value: $846,293 - $979,000

3 Beds
2 Baths
1,485 Sq Ft
$607/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $379,000 $255 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,628/month

19 Days on Market

About This Home

As of March 2012

Nice 6 room,3 bed,2 bath Cape with a 1 car garage in desirable Lynnfield on a corner lot with a lot of updates.The roof is less then 10 years old, the windows have been replaced,septic is 2 years old, exterior painted within the last 2 years and a new driveway. Heating is forced hot water by oil. Interior freshly painted with hard wood floors & many built-ins. This house also has a breeze way and an enclosed porch so that you can enjoy those nice summer nights. Call today for a showing

Last Agent to Sell the Property

James Herlihy

DCRE Real Estate Listed on: 01/28/2012

Last Buyer's Agent

Joe Firicano

Boston Hub Real Estate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,812

Year Built

1941

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1941

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: No
  • Number of Rooms: 6
  • Electric: 110 Volts, Circuit Breakers
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Vinyl
  • Interior Amenities: Cable Available
  • Basement: Full, Partially Finished, Concrete Floor
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Enclosed Porch
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Side Entry
  • Garage Spaces: 1
  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Tankless
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2012
Closed on
Mar 16, 2012
Sold by
Alice K Gillespie Ret
Bought by
Sabbagh David R and Sabbagh Julie
Seller's Agent
James Herlihy
DCRE Real Estate
Buyer's Agent
Joe Firicano
Boston Hub Real Estate
List Price
$389,900
Sold Price
$379,000
Premium/Discount to List
-$10,900
-2.8%
Current Estimated Value
$901,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,323
Avg. Annual Appreciation
6.68%
Original Mortgage
$303,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2011
Sold by
Gillespie Alice K
Bought by
Alice K Gillespie Ret and Gillespie Pamela
Source: Public Records

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
Sabbagh David R $379,000 --
Alice K Gillespie Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabbagh David R $564,000
Closed Sabbagh David R $75,000
Closed Sabbagh David R $408,000
Closed Sabbagh David R $50,000
Closed Alice K Gillespie Ret $29,000
Closed Alice K Gillespie Ret $303,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $379,000 -2.8% $255 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/28/2012 01/28/12 For Sale $389,900 -- $263 / 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 $7,812 $739,800 $537,500 $202,300
2024 $7,478 $711,500 $516,900 $194,600
2023 $7,518 $665,300 $490,200 $175,100
2022 $7,183 $599,100 $450,200 $148,900
2021 $6,562 $494,500 $366,800 $127,700
2020 $6,350 $456,200 $328,500 $127,700
2019 $6,346 $456,200 $328,500 $127,700
2018 $6,277 $456,200 $328,500 $127,700
2017 $6,125 $444,500 $316,800 $127,700
2016 $5,793 $399,500 $271,800 $127,700
2015 $5,774 $398,500 $270,800 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71332064

MLS Property Information Network (MLS PIN)

APN: LYNF-000024-000000-000661