NOT LISTED FOR SALE

794 Summer St Lynnfield, MA 01940

Estimated Value: $872,000 - $918,000

3 Beds
2 Baths
1,920 Sq Ft
$468/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $560,000 $292 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,523/month

87 Days on Market

Highlights

  • Pond View
  • Wood Flooring
  • Patio
  • Lynnfield Middle School Rated A
  • Gazebo
  • Central Air

About This Home

As of March 2019

This extraordinary 3-Bedroom 2-Bath 2-Car Garage home mirrors the charms of Lynnfield. Enjoy pond views from the master bedroom and oversized screened-in gazebo. Spread out in the large sunny family room with stairway to extra playroom/office over garage. Plenty of character, ample closet space, hardwood floors, two fireplaces, first floor washer-dryer, irrigation system, updated heating-AC and electrical systems, and a large wooded lot with a detailed-custom shed/playhouse are only a few of the extras featured in this Full Dormered Cape. Also appreciate supplementary parking and convenient double-driveway access to both a country road and a quiet neighborhood. Not just a drive by! Come and be enchanted by a true Lynnfield gem today!

Last Agent to Sell the Property

Richard Lemay

Century 21 North East Listed on: 12/11/2018

Century 21 North East

Last Buyer's Agent

Cheryl Mark

Marsh Properties, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.45

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Patio
  • Gazebo

Utilities

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

Additional Features

  • Pond Views
  • Property is zoned RA
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0042 B:0000 L:1718

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 299.48
  • Comp Based On: Net Sale Price
  • Year Built: 1950
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Wall to Wall Carpet
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 18X15, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Dimension: 12X10, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Dimension: 11X10, Flooring - Hardwood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Dryer Hookup - Dual, Washer Hookup
  • Bathroom 2: On Level: Second Floor
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 16X11, Fireplace, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 21X16, Fireplace, Ceiling - Cathedral, Flooring - Stone/Ceramic Tile, Gas Stove
  • Kitchen: On Level: First Floor, Dimension: 13X11, Countertops - Stone/Granite/Solid, Gas Stove
  • Basement: Y
  • Basement Features: Full
  • Other Room 1: Name: Den, On Level: Second Floor, Dimension: 14X11, Flooring - Hardwood
  • Other Room 2: Name: Home Office, On Level: Second Floor, Dimension: 19X15
  • Main Lo: C95039
  • Main So: NB9282
  • Estimated Sq Ft: 1920.00

Exterior Features

  • Waterview Features: Pond
  • Waterview Flag: Yes
  • Exterior: Wood
  • Exterior Features: Patio, Gazebo
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Assessments: 469100.00
  • Acre: 0.45
  • Lot Size: 19636.00
  • Page: 123
  • Parcel Number: M:0042 B:0000 L:1718
  • Zoning: RA
  • Lot Description: Wooded

Tax Info

  • Taxes: 6455.00
  • Assessor Parcel Number: 1982656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Mar 22, 2019
Sold by
Glenn Schlichter Lt
Bought by
Burbank Eric and Marsh Paige
Seller's Agent
Richard Lemay
Century 21 North East
Buyer's Agent
Cheryl Mark
Marsh Properties, Inc.
List Price
$629,900
Sold Price
$560,000
Premium/Discount to List
-$69,900
-11.1%
Current Estimated Value
$899,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,454
Avg. Annual Appreciation
6.98%
Original Mortgage
$625,000
Outstanding Balance
$547,247
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$352,207

Purchase Details

Closed on
Jul 19, 2010
Sold by
Schlichter Glenn D
Bought by
Glenn Schlichter Lt and Schlichter Glenn

Purchase Details

Closed on
Aug 28, 2006
Sold by
Schlichter Barbara A
Bought by
Schlichter Barbara A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burbank Eric $548,000 --
Burbank Eric $548,000 --
Burbank Eric $548,000 --
Glenn Schlichter Lt -- --
Glenn Schlichter Lt -- --
Schlichter Barbara A -- --
Schlichter Barbara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burbank Eric $625,000
Closed Burbank Eric $625,000
Previous Owner Schlichter Barbara A $349,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $560,000 -2.6% $292 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/02/2019 03/02/19 Price Changed $575,000 -4.2% $299 / Sq Ft
01/31/2019 01/31/19 Price Changed $600,000 -4.7% $313 / Sq Ft
12/11/2018 12/11/18 For Sale $629,900 -- $328 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,601 $814,500 $488,800 $325,700
2024 $7,780 $740,200 $443,700 $296,500
2023 $7,778 $688,300 $421,000 $267,300
2022 $7,381 $615,600 $386,000 $229,600
2021 $7,390 $556,900 $342,300 $214,600
2020 $6,847 $491,900 $279,300 $212,600
2019 $6,525 $469,100 $263,500 $205,600
2018 $6,455 $469,100 $263,500 $205,600
2017 $6,464 $469,100 $263,500 $205,600
2016 $6,638 $457,800 $251,300 $206,500
2015 $6,303 $435,000 $228,500 $206,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72431884

MLS Property Information Network (MLS PIN)

APN: LYNF-000042-000000-001718

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