562 Summer St Lynnfield, MA 01940
Estimated Value: $1,042,000 - $1,187,000
3
Beds
3
Baths
2,279
Sq Ft
$479/Sq Ft
Est. Value
About This Home
This home is located at 562 Summer St, Lynnfield, MA 01940 and is currently estimated at $1,091,732, approximately $479 per square foot. 562 Summer St is a home located in Essex County with nearby schools including Lynnfield Middle School, Lynnfield High School, and Our Lady Of Assumption School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2007
Sold by
Yau Cho Kwan and Yau Jenny
Bought by
Yau Jenny
Current Estimated Value
Purchase Details
Closed on
Aug 16, 1999
Sold by
Angelo Richard N
Bought by
Yau Cho Kwan and Yau Jenny W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 1993
Sold by
Sinbad Rt and Mangano James W
Bought by
Angelo Richard N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yau Jenny | -- | -- | |
| Yau Cho Kwan | $425,000 | -- | |
| Angelo Richard N | $216,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Angelo Richard N | $240,000 | |
| Previous Owner | Angelo Richard N | $35,000 | |
| Previous Owner | Angelo Richard N | $172,800 |
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 | $10,178 | $963,800 | $584,600 | $379,200 |
| 2024 | $9,235 | $878,700 | $531,500 | $347,200 |
| 2023 | $9,173 | $811,800 | $504,200 | $307,600 |
| 2022 | $8,737 | $728,700 | $462,200 | $266,500 |
| 2021 | $8,905 | $671,100 | $409,700 | $261,400 |
| 2020 | $8,310 | $597,000 | $334,100 | $262,900 |
| 2019 | $8,041 | $578,100 | $315,200 | $262,900 |
| 2018 | $7,955 | $578,100 | $315,200 | $262,900 |
| 2017 | $7,966 | $578,100 | $315,200 | $262,900 |
| 2016 | $7,974 | $549,900 | $300,500 | $249,400 |
| 2015 | $7,268 | $501,600 | $273,200 | $228,400 |
Source: Public Records
Map
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