NOT LISTED FOR SALE

71 Phillips Rd Lynnfield, MA 01940

Estimated Value: $1,156,000 - $1,381,323

3 Beds
2 Baths
2,115 Sq Ft
$609/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $583,000 $276 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,466/month

7 Days on Market

About This Home

As of July 2013

A rare find in a very desirable Lynnfield neighborhood. Walk to town and walking trails or just relax in the large, private backyard which abuts conservation land. Every room in the home has been updated. This cape is deceptively large with 3 bedrooms up and 2 full baths. The kitchen is appointed with stainless and granite, hardwood floors grace the entire living area. The finished lower area has a large play room and office. The grounds are meticulous and are ready for hours of outside fun.

Last Agent to Sell the Property

Geralyn Farrelly

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 05/15/2013

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Kim Perrotti

Leading Edge Real Estate

Leading Edge Real Estate

Home Details

Home Type

Single Family

Year Built

1941

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Wooded, Cleared, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 9
  • Amenities: Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Storm Doors, Prog. Thermostat, Backup Generator
  • Flooring: Tile, Wall to Wall Carpet, Hardwood, Stone / Slate
  • Insulation: Full
  • Interior Amenities: Cable Available, Whole House Fan
  • Basement: Full, Finished, Interior Access, Bulkhead
  • Bedroom 2: Second Floor, 12X13
  • Bedroom 3: Second Floor, 11X14
  • Kitchen: First Floor, 28X13
  • Laundry Room: Basement
  • Living Room: First Floor, 18X12
  • Master Bedroom: Second Floor, 28X11
  • Master Bedroom Description: Flooring - Hardwood, Cable Hookup, Recessed Lighting, Remodeled
  • Dining Room: First Floor, 12X12
  • Family Room: Basement

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Deck - Wood, Patio, Gutters, Sprinkler System, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Storage, Side Entry
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Jul 8, 2013
Sold by
Katz Warren C and Katz Kathryn L
Bought by
Gallagher Joseph and Gallagher Kathleen
Seller's Agent
Geralyn Farrelly
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
Kim Perrotti
Leading Edge Real Estate
List Price
$549,000
Sold Price
$583,000
Premium/Discount to List
$34,000
6.19%
Current Estimated Value
$1,260,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,237
Avg. Annual Appreciation
6.54%
Original Mortgage
$376,000
Outstanding Balance
$269,553
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,018,528

Purchase Details

Closed on
Aug 15, 2008
Sold by
Considine Scott E
Bought by
Katz Warren C and Katz Kathryn L

Purchase Details

Closed on
Dec 27, 2002
Sold by
Toohey Anne M and Toohey Edward F
Bought by
Considine Scott E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallagher Joseph $583,000 --
Katz Warren C $487,000 --
Considine Scott E $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Considine Scott E $376,000
Previous Owner Considine Scott E $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2013 07/08/13 Sold $583,000 +6.2% $276 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $549,000 -- $260 / 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 $10,593 $1,003,100 $565,800 $437,300
2024 $10,078 $958,900 $544,000 $414,900
2023 $10,054 $889,700 $516,000 $373,700
2022 $9,537 $795,400 $474,000 $321,400
2021 $9,118 $687,100 $386,500 $300,600
2020 $9,005 $646,900 $346,300 $300,600
2019 $8,201 $589,600 $346,300 $243,300
2018 $8,113 $589,600 $346,300 $243,300
2017 $7,955 $577,300 $334,000 $243,300
2016 $7,686 $530,100 $286,800 $243,300
2015 $7,665 $529,000 $285,700 $243,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71525834

MLS Property Information Network (MLS PIN)

APN: LYNF-000020-000000-002337