$605,000
SOLD JAN 30, 2023

7 Edward Ave Lynnfield, MA 01940

3 Beds
2 Baths
1,536 Sq Ft
10,001 Sq Ft Lot

Recently Sold

$394 Per Sq Ft

21% Above List Price

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Heating System
  • Lynnfield High School Rated A
  • 1 Fireplace

About This Home

As of January 2023

Now is your chance to break into the Lynnfield market and build some sweat equity! This adorable ranch is located in a sought after commuter friendly location and has been owned by the same family for nearly 50 years. The time has come for someone else to roll up their sleeves, bring their decorating ideas and make this gem shine. Featuring 3 bedrooms 2 full baths, sliders to a deck with a nice level yard. This home will not last!

Last Agent to Sell the Property

Trevor Gearin

Lamacchia Realty, Inc. Listed on: 11/28/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Alissa Christie

RE/MAX Bentley's

RE/MAX Bentley's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,282

Year Built

  • Built in 1947

Lot Details

  • 10,001 Sq Ft Lot
  • Property is zoned RB

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom located in the basement
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:0032 B:0000 L:2722,1981842

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,282

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1947
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Basement
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: Basement
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Basement: Full
  • Living Area: 1536
  • MAIN LO: G46000
  • LIST PRICE PER Sq Ft: 325.34
  • PRICE PER Sq Ft: 393.88
  • MAIN SO: AN2888

Exterior Features

  • Foundation Details: Block
  • Patio And Porch Features: Deck - Wood
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Electric
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access

Lot Info

  • Parcel Number: M:0032 B:0000 L:2722,1981842
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10001
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 197
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7282
  • Tax Book Number: 28854

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Lena Bujana and Tola Dritan
Bought by
D B Tola Development Llc
Total Days on Market
4

Purchase Details

Closed on
Feb 17, 2011
Sold by
Mclaughlin Herbert H
Bought by
Mclaughlin Rt and Mclaughlin Herbert H

Purchase Details

Closed on
Aug 11, 2009
Sold by
Mary Mclaughlin Lt and Mclaughlin Herbert H
Bought by
Mclaughlin Herbert H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $453,750 Purchase Money Mortgage
Previous Owner $235,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $85,800 No Value Available
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Price Changed $2,175,000 -2.7% $459 / Sq Ft
03/11/2025 03/11/25 For Sale $2,235,000 +269.4% $471 / Sq Ft
01/30/2023 01/30/23 Sold $605,000 +21.1% $394 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $499,721 -- $325 / 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 $12,577 $1,191,000 $539,900 $651,100
2024 $7,669 $729,700 $519,100 $210,600
2023 $7,750 $685,800 $492,300 $193,500
2022 $7,282 $607,300 $452,100 $155,200
2021 $6,534 $492,400 $345,000 $147,400
2020 $6,201 $445,500 $298,100 $147,400
2019 $6,011 $432,100 $284,700 $147,400
2018 $5,838 $424,300 $284,700 $139,600
2017 $5,847 $424,300 $284,700 $139,600
2016 $5,580 $384,800 $254,500 $130,300
2015 $5,484 $378,500 $254,500 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73060942

MLS Property Information Network (MLS PIN)

APN: LYNF-000032-000000-002722