61 Prospect Ave Lynnfield, MA 01940
Estimated Value: $673,000 - $811,000
2
Beds
1
Bath
1,380
Sq Ft
$532/Sq Ft
Est. Value
About This Home
This home is located at 61 Prospect Ave, Lynnfield, MA 01940 and is currently estimated at $734,717, approximately $532 per square foot. 61 Prospect Ave 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
Jul 2, 2003
Sold by
Lam Din and Lam Hiu
Bought by
Lam Hiu
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
$245,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 2001
Sold by
Strong John S and Strong Marguerite C
Bought by
Lam Hiu
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Hiu | -- | -- | |
| Lam Hiu | $302,001 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lam Hiu | $230,000 | |
| Closed | Lam Hiu | $50,000 | |
| Closed | Lam Hiu | $245,000 |
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 | $6,538 | $619,100 | $501,500 | $117,600 |
| 2024 | $5,757 | $547,800 | $443,700 | $104,100 |
| 2023 | $5,761 | $509,800 | $421,000 | $88,800 |
| 2022 | $5,918 | $493,600 | $421,000 | $72,600 |
| 2021 | $5,721 | $431,100 | $361,500 | $69,600 |
| 2020 | $5,319 | $382,100 | $312,500 | $69,600 |
| 2019 | $5,120 | $368,100 | $298,500 | $69,600 |
| 2018 | $5,065 | $368,100 | $298,500 | $69,600 |
| 2017 | $5,072 | $368,100 | $298,500 | $69,600 |
| 2016 | $4,881 | $336,600 | $267,000 | $69,600 |
| 2015 | $4,877 | $336,600 | $267,000 | $69,600 |
Source: Public Records
Map
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