NOT LISTED FOR SALE

567 Main St Lynnfield, MA 01940

Estimated Value: $1,608,000 - $2,248,000

5 Beds
4 Baths
5,622 Sq Ft
$346/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $1,400,000 $249 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $12,503/month

41 Days on Market

About This Home

As of October 2014

An extremely rare opportunity to own Centre Farm, Lynnfield's most well known and historic property. The Reverend Joseph Mottey House dates back to 1785 and since then this rambling country farmhouse has had only 5 owners. Steeped with history: the fiddlers perch in the master bedroom overlooks what was once used as a ballroom, the dining room contains a custom mural depicting a local fox hunt that took place over 150 years ago. As legend has it, the lower level passageway could have been used as a means to hide slaves as part of the Underground Railroad. This home contains 8 fireplaces, wide pine & brick floors, 200 yr old window shutters and good ceiling height throughout. There is an abundance of more than 5,000 sq feet of living space not counting a huge rustic game room that connects to an extra large barn with stables. Included on the 7 acres are 2 building lots, one on each side of the property. Ideally, the 6th owners would occupy, preserve & protect this unique landmark.

Last Listed By

Bernie Starr

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 05/21/2014

Berkshire Hathaway HomeServices Commonwealth Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,935

Year Built

1785

Lot Details

0

Listing Details

  • Lot Description: Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1785

Interior Features

  • Has Basement: Yes
  • Fireplaces: 8
  • Primary Bathroom: Yes
  • Number of Rooms: 19
  • Flooring: Hardwood, Pine
  • Interior Amenities: Security System
  • Basement: Full, Dirt Floor
  • Bedroom 2: Second Floor, 16X14
  • Bedroom 3: Second Floor, 9X13
  • Bedroom 4: Second Floor, 13X14
  • Bedroom 5: Second Floor, 14X14
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 20X12
  • Laundry Room: Second Floor
  • Living Room: First Floor, 14X13
  • Master Bedroom: Second Floor, 24X19
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 21X12
  • Family Room: First Floor, 14X19

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Storage Shed, Barn/Stable
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Garage Parking: Attached, Carriage Shed
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 10

Utilities

  • Hot Water: Tank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Lynnfield Town Of
Bought by
Migliero Steven A and Migliero Kelly T
Total Days on Market
41
Current Estimated Value
$1,946,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
2.75%
Mortgage Type
Unknown

Purchase Details

Listed on
May 21, 2014
Closed on
Oct 3, 2014
Sold by
Centre Farm Nt
Bought by
Lynnfield Town Of
Seller's Agent
Bernie Starr
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Bernie Starr
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,490,000
Sold Price
$1,400,000
Premium/Discount to List
-$90,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%

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
Migliero Steven A $935,000 --
Lynnfield Town Of $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Migliero Steven A $900,000
Closed Migliero Steven A $748,000
Previous Owner Centre Farm Rlty Tr $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $1,400,000 0.0% $249 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
06/10/2014 06/10/14 Off Market $1,400,000 -- --
05/21/2014 05/21/14 For Sale $1,490,000 -- $265 / 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 $19,935 $1,887,800 $558,300 $1,329,500
2024 $19,555 $1,860,600 $550,100 $1,310,500
2023 $19,441 $1,720,400 $478,300 $1,242,100
2022 $19,092 $1,592,300 $455,600 $1,136,700
2021 $17,110 $1,289,400 $385,600 $903,800
2020 $16,765 $1,204,400 $332,400 $872,000
2019 $13,170 $946,800 $315,600 $631,200
2018 $13,028 $946,800 $315,600 $631,200
2017 $0 $929,300 $298,100 $631,200
2016 -- $896,600 $292,900 $603,700
2015 -- $895,900 $292,200 $603,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71685020

MLS Property Information Network (MLS PIN)

APN: LYNF-000029-000000-000155