NOT LISTED FOR SALE

898 Salem St Lynnfield, MA 01940

Estimated Value: $1,003,000 - $1,549,000

3 Beds
2 Baths
1,836 Sq Ft
$645/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $451,000 $246 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $7,314/month

67 Days on Market

About This Home

As of May 2015

Renovated 7 room Colonial offers 3-4 bedrooms, NEW granite kitchen with center island, two NEW bathrooms, great open floor plan, fireplace, gleaming hardwood floors, 1st floor office or 4th bedroom, convenient 1st floor laundry, NEW septic, siding, roof, electrical, windows and central air, two car oversized detached garage with NEW doors, deck, great, level yard, super convenient location. Nothing to do - just move in!

Last Agent to Sell the Property

Wendy Carpenito

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 01/26/2015

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Matt Dillon

Landmark Boston Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,335

Year Built

1923

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1923

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Basement: Full
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Exterior Features: Deck
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Hot Water: Oil

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
May 1, 2015
Sold by
Don Q Real Estate Dev
Bought by
Boghos Nicholas
Seller's Agent
Wendy Carpenito
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Matt Dillon
Landmark Boston Realty
List Price
$475,000
Sold Price
$451,000
Premium/Discount to List
-$24,000
-5.05%
Current Estimated Value
$1,183,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$732,566
Avg. Annual Appreciation
9.12%
Original Mortgage
$405,900
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2014
Sold by
Burrill Gaye Est
Bought by
Don Q Real Estate Dev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Boghos Nicholas $451,000 --
Don Q Real Estate Dev $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boghos Nicholas $235,000
Closed Boghos Nicholas $111,000
Open Boghos Nicholas $989,000
Closed Boghos Nicholas $976,000
Closed Boghos Nicholas $360,000
Closed Boghos Nicholas $146,000
Closed Boghos Nicholas $405,900
Previous Owner Don Q Real Estate Dev $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $451,000 0.0% $246 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
03/24/2015 03/24/15 Off Market $451,000 -- --
03/10/2015 03/10/15 Price Changed $469,900 -1.1% $256 / Sq Ft
01/26/2015 01/26/15 For Sale $475,000 -- $259 / 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 $9,335 $884,000 $466,000 $418,000
2024 $8,855 $842,500 $443,700 $398,800
2023 $8,298 $734,300 $368,500 $365,800
2022 $7,274 $606,700 $333,500 $273,200
2021 $6,870 $517,700 $309,000 $208,700
2020 $6,487 $466,000 $278,900 $187,100
2019 $6,098 $438,400 $251,300 $187,100
2018 $6,032 $438,400 $251,300 $187,100
2017 $5,727 $415,600 $228,500 $187,100
2016 $5,774 $398,200 $228,500 $169,700
2015 -- $319,900 $204,100 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71787592

MLS Property Information Network (MLS PIN)

APN: LYNF-000053-000000-000848