NOT LISTED FOR SALE

550 Summer St Lynn, MA 01905

West Lynn Neighborhood

Estimated Value: $1,295,979

20 Beds
3 Baths
9,894 Sq Ft
$131/Sq Ft Est. Value

About This Home

This home is located at 550 Summer St, Lynn, MA 01905 and is currently priced at $1,295,979, approximately $130 per square foot. 550 Summer St is a home located in Essex County with nearby schools including Drewicz Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2006
Sold by
Light Street Rt and Rizzo Anthony
Bought by
Federated Rlty One Llc
Current Estimated Value
$1,295,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Federated Rlty One Llc $740,000 --
Federated Rlty One Llc $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Federated Realty 1 Llc $500,000
Closed Federated Rlty 1 Llc $430,000
Closed Federated Rlty One Llc $592,000
Source: Public Records

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 -- $2,195,300 $638,000 $1,557,300
2024 -- $2,111,400 $580,000 $1,531,400
2023 $0 $1,823,400 $580,000 $1,243,400
2022 $0 $1,563,000 $507,500 $1,055,500
2021 $0 $1,330,500 $290,000 $1,040,500
2020 $0 $1,253,900 $290,000 $963,900
2019 $0 $1,003,800 $232,000 $771,800
2018 $0 $867,300 $232,000 $635,300
2017 $0 $823,200 $232,000 $591,200
2016 -- $743,100 $232,000 $511,100
2015 -- $599,700 $203,000 $396,700
Source: Public Records

Map

Massachusetts Essex County Lynn 01905 West Lynn

550 Summer St, Lynn, MA

This home is located at 550 Summer St, Lynn, MA 01905 and is currently priced at $1,295,979, approximately $130 per square foot. 550 Summer St is a home located in Essex County with nearby schools including Drewicz Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

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