NOT LISTED FOR SALE

9 Bancroft St Lynnfield, MA 01940

Estimated Value: $967,634 - $1,148,000

4 Beds
2 Baths
2,033 Sq Ft
$519/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $622,500 $306 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,313/month

17 Days on Market

About This Home

As of July 2016

Newly remodeled multi-level home in desireable neighborhood. Close proximity to highways, MarketStreet Lynnfield mall, and schools. 9 rooms includes 4 bedrooms; 2 baths; fireplaced living room; large, sunny family room and more. Updates include kitchen w/exquisite engineered quartz countertops and stainless steel appliances, gleaming hardwood floors, fresh paint throughout, new carriage house garage doors and door openers, and new architectural shingled roof w/lifetime warranty. * In the process of installing a new septic system. Landscaping will be done upon completion of septic.

Last Agent to Sell the Property

Timothy Shanahan

Merrimack Realty Group, Chelmsford Listed on: 05/23/2016

Last Buyer's Agent

Amie Geary

Geary Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 0.36

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1955

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 9
  • Amenities: Shopping, Park, Golf Course, Highway Access, House of Worship, Public School
  • Energy: Insulated Doors, Storm Doors
  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Cable Available
  • Basement: Walk Out, Concrete Floor
  • Bedroom 2: Second Floor, 11X10
  • Bedroom 3: Third Floor, 13X11
  • Bedroom 4: Third Floor, 12X11
  • Bathroom #1: Second Floor
  • Bathroom #2: Third Floor
  • Kitchen: First Floor, 11X10
  • Laundry Room: Basement
  • Living Room: First Floor, 17X11
  • Master Bedroom: Second Floor, 15X11
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 11X11
  • Family Room: First Floor, 22X11

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Wood, Shake
  • Exterior Features: Patio
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Under, Garage Door Opener
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:0041 B:0000 L:2594
  • Zoning: RA

Multi Family

  • Foundation: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 15, 2016
Sold by
Mello John S and Mello-Klein Mary A
Bought by
Geary Michael P and Geary Emily B
Seller's Agent
Timothy Shanahan
Merrimack Realty Group, Chelmsford
Buyer's Agent
Amie Geary
Geary Realty
List Price
$639,900
Sold Price
$622,500
Premium/Discount to List
-$17,400
-2.72%
Current Estimated Value
$1,054,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,909
Avg. Annual Appreciation
5.70%
Original Mortgage
$384,500
Outstanding Balance
$307,736
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$746,673

Purchase Details

Closed on
Apr 19, 2006
Sold by
Mello James A and Mello Virginia A
Bought by
Mello John S
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
Geary Michael P $622,500 --
Mello John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geary Michael P $384,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $622,500 -2.7% $306 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $639,900 0.0% $315 / Sq Ft
10/21/2014 10/21/14 Rented $2,400 -4.0% --
09/21/2014 09/21/14 Under Contract -- -- --
09/16/2014 09/16/14 For Rent $2,500 -- --
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 $9,600 $909,100 $564,300 $344,800
2024 $9,188 $874,200 $542,600 $331,600
2023 $9,198 $814,000 $514,600 $299,400
2022 $8,846 $737,800 $472,600 $265,200
2021 $8,372 $630,900 $385,100 $245,800
2020 $8,223 $590,700 $344,900 $245,800
2019 $8,217 $590,700 $344,900 $245,800
2018 $8,128 $590,700 $344,900 $245,800
2017 $7,873 $571,300 $332,600 $238,700
2016 $7,317 $504,600 $285,400 $219,200
2015 $6,832 $471,500 $284,300 $187,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72010650

MLS Property Information Network (MLS PIN)

APN: LYNF-000041-000000-002594