NOT LISTED FOR SALE

7 Homestead Rd Lynnfield, MA 01940

Estimated Value: $948,000 - $2,043,475

3 Beds
2 Baths
1,804 Sq Ft
$768/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $830,000 $460 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,650/month

6 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Central Air
  • Lynnfield High School Rated A
  • Patio
  • Storage Shed

About This Home

As of July 2021

~ Welcome to 7 Homestead Road ~ YOUR AFFORDABLE ENTRYWAY INTO LYNNFIELD. TALK ABOUT CURB APPEAL! You will immediately notice the stunning stone wall, Cobblestone walk, granite light posts & mature plantings, all thoughtfully created by the owner.. LOOKING FOR LAND? How about a HALF ACRE on one of the most coveted streets in town!! Inside, through the side door is a generous sized mud room w/a wall of closets, cubbies & garage entry. Continue on to a spacious Family Rm. w/wood stove, vaulted ceilings & multiple sliders to the PRIVATE BACK YARD w/ LARGE PATIO, PERFECT FOR ENTERTAINING. There is also a REALLY COOL DEN w/vaulted ceilings & custom built book shelves w/a sliding ladder to get you from one shelf to the other, just like you see in the movies! The kitchen has hand crafted cabinets, SS appliances, granite counters & an island. A bath w/laundry, Dining RM w/Bay Window, & spacious Living RM complete this floor. Up you will find 3 BR’s & a full bath. Down, 2 finished rooms...

Last Agent to Sell the Property

Marjorie Youngren

Coldwell Banker Realty - Lynnfield Listed on: 06/23/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Laura Cohron

Fiv Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,259

Year Built

  • Built in 1947

Lot Details

  • 0.53

Parking

  • 1 Car Garage

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • LHS High School

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Private Sewer

Additional Features

  • Wood Burning Stove
  • Property is zoned RA
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,259

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 359.76
  • Comp Based On: Net Sale Price
  • Year Built: 1947
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Hardwood
  • Appliances: Dishwasher, Microwave, Countertop Range, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 12X18, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 12X13, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 9X10, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: Second Floor
  • Bathroom 2: On Level: First Floor
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 13X12, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Main Level, Open Floor Plan, Crown Molding
  • Family Room: On Level: First Floor, Dimension: 20X12, Wood / Coal / Pellet Stove, Ceiling - Cathedral, Ceiling - Beamed, Flooring - Hardwood, Main Level, Exterior Access, Open Floor Plan, Recessed Lighting, Slider
  • Kitchen: On Level: First Floor, Dimension: 12X17, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Laundry: On Level: First Floor, Flooring - Marble, Main Level
  • Living Room: On Level: First Floor, Dimension: 24X12, Ceiling - Beamed, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Main Level, Open Floor Plan, Crown Molding
  • Basement: Y
  • Basement Features: Full, Finished, Interior Access
  • Other Room 1: Name: Play Room, On Level: Basement, Dimension: 16X22, Fireplace, Closet/Cabinets - Custom Built
  • Other Room 2: Name: Workshop, On Level: Basement, Dimension: 12X22, Laundry Sink
  • Other Room 3: Name: Den, On Level: First Floor, Dimension: 15X10, Ceiling - Beamed, Ceiling - Vaulted, Flooring - Hardwood, Window(s) - Picture, Main Level, Open Floor Plan
  • Main Lo: M59500
  • Main So: AN5001
  • Estimated Sq Ft: 1804.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Patio, Storage Shed
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Parking: Attached
  • Garage Spaces: 1

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard, Gas, Electric, Wood Stove
  • Heat Zones: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Public School

Schools

  • Elementary School: SUMMER STREET
  • Middle School: LMS
  • High School: LHS

Lot Info

  • Assessments: 567700.00
  • Acre: 0.53
  • Lot Size: 22984.00
  • Page: 211
  • Zoning: RA
  • Lot Description: Wooded, Level

Tax Info

  • Taxes: 7506.00
  • Assessor Parcel Number: 1980925
  • Tax Year: 2021

MLS Schools

  • Grade School: SUMMER STREET
  • High School: LHS
  • Middle School: LMS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 19, 2021
Sold by
Simoneau Ft
Bought by
Thomas Suzanne
Seller's Agent
Marjorie Youngren
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Laura Cohron
Fiv Realty Co.
List Price
$649,000
Sold Price
$830,000
Premium/Discount to List
$181,000
27.89%
Current Estimated Value
$1,384,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,619
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Jan 30, 2021
Sold by
Simoneau Victoria E
Bought by
Simoneau Ft

Purchase Details

Closed on
Jun 30, 1971
Bought by
Simoneau Victoria E and Simoneau William J
Source: Public Records

Range of Values:

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Average Value
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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
Thomas Suzanne $830,000 None Available
Simoneau Ft -- None Available
Simoneau Victoria E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simoneau Victoria E $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $830,000 +27.9% $460 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $649,000 -- $360 / 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 $13,259 $1,255,600 $566,000 $689,600
2024 $8,384 $797,700 $544,200 $253,500
2023 $8,417 $744,900 $516,200 $228,700
2022 $8,193 $683,300 $474,200 $209,100
2021 $7,507 $565,700 $386,700 $179,000
2020 $7,315 $525,500 $346,500 $179,000
2019 $7,310 $525,500 $346,500 $179,000
2018 $7,231 $525,500 $346,500 $179,000
2017 $7,072 $513,200 $334,200 $179,000
2016 $6,757 $466,000 $287,000 $179,000
2015 $6,736 $464,900 $285,900 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72855339

MLS Property Information Network (MLS PIN)

APN: LYNF-000024-000000-000641