NOT LISTED FOR SALE

944 Summer St Lynnfield, MA 01940

Estimated Value: $888,000 - $951,534

3 Beds
2 Baths
1,685 Sq Ft
$544/Sq Ft Est. Value

About This Home

This home is located at 944 Summer St, Lynnfield, MA 01940 and is currently estimated at $916,384, approximately $543 per square foot. 944 Summer St is a home located in Essex County with nearby schools including Lynnfield Middle School, Lynnfield High School, and Our Lady Of Assumption School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2011
Sold by
Federal National Mortgage Association
Bought by
Ferrante David M and Dahlstedt Jill R
Current Estimated Value
$916,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$170,704
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$745,680

Purchase Details

Closed on
Nov 9, 2010
Sold by
Sahakian Arkadi
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2001
Sold by
Coit Catherine M and Macdonald Sally Ann
Bought by
Sahakian Arkadi A and Sahakian Alice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ferrante David M $300,000 --
Federal National Mortgage Association $329,748 --
Sahakian Arkadi A $298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrante David M $285,000
Previous Owner Sahakian Arkadi A $238,400
Source: Public Records

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 $9,198 $871,000 $488,600 $382,400
2024 $8,338 $793,300 $444,100 $349,200
2023 $7,066 $625,300 $421,400 $203,900
2022 $6,707 $559,400 $386,400 $173,000
2021 $6,845 $515,800 $342,700 $173,100
2020 $6,123 $439,900 $279,700 $160,200
2019 $5,899 $424,100 $263,900 $160,200
2018 $5,759 $418,500 $263,900 $154,600
2017 $5,767 $418,500 $263,900 $154,600
2016 $5,626 $388,000 $251,700 $136,300
2015 -- $361,900 $228,900 $133,000
Source: Public Records

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