J
Seller's Agent in 2021
Jason Saphire
www.HomeZu.com
(617) 833-1739
2 in this area
526 Total Sales
561 Salem St Lynnfield, MA 01940
Estimated Value: $620,000 - $714,000
2
Beds
1
Bath
1,170
Sq Ft
$571/Sq Ft
Est. Value
About This Home
As of December 2021Great opportunity to get into Lynnfield! Open concept 2 bedroom, 1 bath home with office space. Newer hardwood floors throughout first floor. Large private backyard on over a half acre of land. 5 Parking spaces and detached garage. Updated heating system in 2007 that was rebuilt in 2020. Close to major highways and Market Street. Home is being sold AS IS, needs a new roof and a little TLC. Excellent for someone looking to add their own touch! Title V approved.
Home Details
Home Type
Single Family
Est. Annual Taxes
$6,428
Year Built
1880
Lot Details
0
Parking
1
Listing Details
- Property Type: Residential
- Property Sub Type: Single Family Residence
- SUB AGENCY OFFERED: No
- Compensation Based On: Net Sale Price
- Architectural Style: Other (See Remarks)
- Carport Y N: No
- Directions: From Rt128 take Walnut Street exit towards Saugus and take a left onto Salem Street.
- Garage Yn: Yes
- Property Attached Yn: No
- Road Frontage Type: Public
- Year Built Details: Unknown/Mixed
- Special Features: None
- Year Built: 1880
Interior Features
- Appliances: Dishwasher,Refrigerator,Washer,Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
- Has Basement: Partial, Crawl Space
- Total Bathrooms: 1
- MAIN LO: AN5760
- LIST PRICE PER Sq Ft: 417.95
- PRICE PER Sq Ft: 417.95
- MAIN SO: NB4468
- Full Bathrooms: 1
- Total Bedrooms: 2
- Fireplace: No
- Flooring: Carpet
- Interior Amenities: Other
Exterior Features
- Roof: Other
- Foundation Details: Stone
- Construction Type: See Remarks
- Disclosures: Needs New Roof.
- Exclusions: Furniture
- Lot Features: Other
- Patio And Porch Features: Porch
- Waterfront: No
Garage/Parking
- Parking Features: Detached, Off Street
- Attached Garage: No
- Covered Parking Spaces: 1
- Garage Spaces: 1
- Total Parking Spaces: 5
Utilities
- Cooling: None
- Heating: Forced Air
- Cooling Y N: No
- Electric: Circuit Breakers
- Heating Yn: Yes
- Sewer: Public Sewer
- Utilities: for Gas Range, for Gas Oven, for Gas Dryer
- Water Source: Public
Condo/Co-op/Association
- Association: No
- Community Features: Shopping, Park, Golf, Highway Access, Public School
Schools
- Elementary School: Huckleberry Hil
- High School: Lms
- Middle Or Junior School: Lms
Lot Info
- LOT SIZE: 26800
- PAGE: 237
- Farm Land Area Units: Square Feet
- Lot Size Sq Ft: 27007.2
- Zoning: RB
Tax Info
- Tax Annual Amount: 5366
- Tax Book Number: 27132
- Tax Year: 2021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2021
Closed on
Dec 20, 2021
Sold by
Ingalls-Cole Michele
Bought by
Sneirson Charles
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Gerry Sneirson
New Gloucester Realty
List Price
$489,000
Sold Price
$489,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,900
Avg. Annual Appreciation
6.30%
Original Mortgage
$440,100
Outstanding Balance
$408,810
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$202,331
Purchase Details
Closed on
Aug 24, 2007
Sold by
Macdonald Ashley and Macdonald William J
Bought by
Ingalls Michele D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sneirson Charles | $489,000 | None Available | |
| Ingalls Michele D | $305,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sneirson Charles | $440,100 | |
| Previous Owner | Macdonald Evelyn J | $219,101 | |
| Previous Owner | Macdonald Evelyn J | $289,750 | |
| Previous Owner | Macdonald Evelyn J | $78,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $489,000 | 0.0% | $418 / Sq Ft |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- |
| 10/15/2021 10/15/21 | For Sale | $489,000 | -- | $418 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,428 | $608,700 | $460,600 | $148,100 |
| 2024 | $6,096 | $580,000 | $438,700 | $141,300 |
| 2023 | $5,573 | $493,200 | $364,100 | $129,100 |
| 2022 | $5,249 | $437,800 | $329,400 | $108,400 |
| 2021 | $5,366 | $404,400 | $305,200 | $99,200 |
| 2020 | $5,071 | $364,300 | $275,300 | $89,000 |
| 2019 | $4,688 | $337,000 | $248,000 | $89,000 |
| 2018 | $4,637 | $337,000 | $248,000 | $89,000 |
| 2017 | $4,332 | $314,400 | $225,400 | $89,000 |
| 2016 | $4,437 | $306,000 | $225,400 | $80,600 |
| 2015 | $4,075 | $281,200 | $201,100 | $80,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Gerry Sneirson
New Gloucester Realty
(617) 529-8924
1 in this area
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72908950
APN: LYNF-000051-000000-002146
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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