550 Chestnut St Lynnfield, MA 01940
Estimated Value: $1,511,000 - $1,651,501
5
Beds
4
Baths
5,017
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 550 Chestnut St, Lynnfield, MA 01940 and is currently estimated at $1,577,125, approximately $314 per square foot. 550 Chestnut St 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
Apr 28, 2017
Sold by
Johnson Carl and Johnson Karen
Bought by
Carl B Johnson Ret
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
$402,000
Interest Rate
4.3%
Mortgage Type
VA
Purchase Details
Closed on
Nov 30, 2004
Sold by
Johnson Carl B and Johnson Karen A
Bought by
Chestnut Ests Dev Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carl B Johnson Ret | -- | -- | |
| Johnson Carl | -- | -- | |
| Chestnut Ests Dev Llc | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carl B Johnson Ret | $400,000 | |
| Closed | Johnson Carl | $402,000 | |
| Previous Owner | Johnson Carl B | $50,000 | |
| Previous Owner | Johnson Carl B | $300,000 |
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 | $13,836 | $1,310,200 | $738,400 | $571,800 |
| 2024 | $13,139 | $1,250,100 | $703,200 | $546,900 |
| 2023 | $13,596 | $1,203,200 | $703,200 | $500,000 |
| 2022 | $13,480 | $1,124,300 | $703,200 | $421,100 |
| 2021 | $12,332 | $929,300 | $582,000 | $347,300 |
| 2020 | $11,775 | $845,900 | $533,500 | $312,400 |
| 2019 | $11,092 | $797,400 | $485,000 | $312,400 |
| 2018 | $8,585 | $623,900 | $485,000 | $138,900 |
| 2017 | $8,597 | $623,900 | $485,000 | $138,900 |
| 2016 | $7,865 | $542,400 | $417,100 | $125,300 |
| 2015 | $7,710 | $532,100 | $417,100 | $115,000 |
Source: Public Records
Map
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