NOT LISTED FOR SALE

886 Salem St Lynnfield, MA 01940

Estimated Value: $820,000 - $1,156,000

4 Beds
2 Baths
2,552 Sq Ft
$381/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $465,000 $182 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,562/month

103 Days on Market

About This Home

As of June 2014

Charming Colonial ( Luther Munroe House CIRCA 1840) near all major travel routes. 4 BR, 1 1/2 Baths, spacious open floor plan with lots of space, perior detail, high ceilings, crown moldings, refinished HWF / Pine Floors, front and back staircases. Kitchen with Pantry, Brick wall, Large Island, updated cabinets, SS Appliances, gas stove, wood stove, polished concrete floor and Mud Room. Lovely entryway with leaded stained glass side lights. Large LR with French door leading to Sun Porch. MBR with 2 window seats, walk-in closet, HWF, FP. Farmer's Porch, huge Barn, lots of parking, Basement unfinished but framed with a Root Cellar. Well for irrigation. Gutters, newer roof, updated electric, newer windows, well for irrigation, and newer windows. VALUE!

Last Agent to Sell the Property

Judy Mason

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 02/28/2014

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Taleen Chiofaro

Leading Edge Real Estate

Leading Edge Real Estate

Home Details

Home Type

Single Family

Year Built

1830

Lot Details

0.6 Acres

Listing Details

  • Lot Description: Paved Drive, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1830

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Number of Rooms: 9
  • Amenities: Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Prog. Thermostat
  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Cable Available, French Doors
  • Basement: Full, Bulkhead, Radon Remediation System, Concrete Floor
  • Bedroom 2: Second Floor, 13X10
  • Bedroom 3: Second Floor, 12X10
  • Bedroom 4: Second Floor, 12X5
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 14X12
  • Laundry Room: Second Floor
  • Living Room: First Floor, 19X17
  • Master Bedroom: Second Floor, 14X14
  • Master Bedroom Description: Fireplace, Closet - Walk-in, Flooring - Hardwood
  • Dining Room: First Floor, 14X13

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch, Porch - Enclosed, Gutters, Barn/Stable, Sprinkler System, Screens
  • Foundation: Fieldstone, Brick, Granite

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2016
Sold by
Teehan Susan
Bought by
Teehan Matthew R and Teehan Susan
Current Estimated Value
$934,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$329,822
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$641,297

Purchase Details

Listed on
Feb 28, 2014
Closed on
Jun 17, 2014
Sold by
Burke James and Logeasso Francesa
Bought by
Dewhurst Susan
Seller's Agent
Judy Mason
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Taleen Chiofaro
Leading Edge Real Estate
List Price
$479,900
Sold Price
$465,000
Premium/Discount to List
-$14,900
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2013
Closed on
Sep 30, 2013
Sold by
Mccarthy Arthur R and Mccarthy Jill
Bought by
Burke James and Lograsso Francesca
Seller's Agent
Kevin Dillon
Northrup Associates
Buyer's Agent
Domenica Riggio
Return Realty Group, Inc.
List Price
$459,900
Sold Price
$445,000
Premium/Discount to List
-$14,900
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$445,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Bank Of America Na
Bought by
Mccarthy 4Th Arthur R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,545
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2011
Sold by
Bank Of America Natl A and Corona Martin
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 10, 2003
Sold by
Est Wolsey Ethel M and Wolsey Richard R
Bought by
Corona Martin and Corona Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teehan Matthew R -- --
Dewhurst Susan $465,000 --
Burke James $445,000 --
Mccarthy 4Th Arthur R $275,000 --
Bank Of America Na $278,000 --
Corona Martin $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teehan Matthew R $420,000
Previous Owner Dewhurst Susan $417,000
Previous Owner Burke James $445,000
Previous Owner Corona Martin $333,000
Previous Owner Corona Martin $344,545
Previous Owner Corona Martin $50,000
Previous Owner Corona Martin $408,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2014 06/17/14 Sold $465,000 0.0% $182 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
04/17/2014 04/17/14 Off Market $465,000 -- --
03/17/2014 03/17/14 Price Changed $469,900 -2.1% $184 / Sq Ft
02/28/2014 02/28/14 For Sale $479,900 +7.8% $188 / Sq Ft
09/30/2013 09/30/13 Sold $445,000 0.0% $208 / Sq Ft View Prior Sale
08/26/2013 08/26/13 Pending -- -- --
08/20/2013 08/20/13 Off Market $445,000 -- --
06/30/2013 06/30/13 Price Changed $449,900 -2.2% $211 / Sq Ft
06/11/2013 06/11/13 For Sale $459,900 -- $215 / 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 $9,049 $856,900 $467,500 $389,400
2024 $8,589 $817,200 $445,200 $372,000
2023 $8,038 $711,300 $370,000 $341,300
2022 $7,517 $626,900 $335,000 $291,900
2021 $7,683 $579,000 $310,500 $268,500
2020 $7,272 $522,400 $280,400 $242,000
2019 $6,883 $494,800 $252,800 $242,000
2018 $6,808 $494,800 $252,800 $242,000
2017 $6,504 $472,000 $230,000 $242,000
2016 $6,535 $450,700 $230,000 $220,700
2015 $6,160 $425,100 $205,600 $219,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71638224

MLS Property Information Network (MLS PIN)

APN: LYNF-000052-000000-001467

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