NOT LISTED FOR SALE

981 Summer St Lynnfield, MA 01940

Estimated Value: $1,129,000 - $1,271,000

3 Beds
2.5 Baths
3,343 Sq Ft
$356/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $1,100,000 $329 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,077/month

4 Days on Market

Highlights

  • Medical Services
  • Home Theater
  • Deck
  • Lynnfield High School Rated A
  • Colonial Architecture
  • Property is near public transit

About This Home

As of September 2024

NEW STAGED PHOTOS for this stunning NEW CONSTRUCTION... 4-level home offers 3 bedrooms, 2.5 bathrooms, and a prime spot near the top-rated "Summer School" with a perfect 10 rating. Step inside to an open-concept living space with gleaming hardwood floors and abundant natural light that highlights the picturesque surroundings. The kitchen is a delight, featuring SS appliances, granite countertops, and custom craftsmanship throughout.Unwind in the lavish primary suite, complete with a spa-like bathroom for ultimate relaxation. The lower level is an entertainer's paradise, boasting a media room, recreation area, and direct access to your backyard oasis.With a perfect blend of luxury living and convenience, this home offers the ideal combination of comfort and style.

Last Agent to Sell the Property

Mg Group

Century 21 North East Listed on: 07/17/2024

Century 21 North East

Last Buyer's Agent

ZhiChao Chen

Space Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,211

Year Built

  • Built in 1957

Lot Details

  • 0.38 Acre Lot
  • Near Conservation Area
  • Property is zoned RA

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Spray Foam Insulation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,343 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Mud Room
  • Great Room
  • Home Theater
  • Home Office
  • Finished Basement
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on upper level
  • Washer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:0046 B:0000 L:1993,1983146

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,211

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1957
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Home Office, Media Room, Mud Room, Great Room
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Wine Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 3 Level: First
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: Second Floor, Washer Hookup
  • Room Living Room Level: First
  • Room Office Level: Basement
  • Basement: Finished, Sump Pump
  • Living Area: 3343
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 343.97
  • PRICE PER Sq Ft: 329.05
  • MAIN SO: AN7192
  • Insulation: Full, Spray Foam

Exterior Features

  • Exterior Features: Deck, Patio
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Private Sewer
  • Utilities: Washer Hookup
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Private School, Public School, Other
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0046 B:0000 L:1993,1983146
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16501
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 139
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7211
  • Tax Book Number: 40187

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
981 Summer Street Llc
Bought by
981 Summer Street Dev Llc
Current Estimated Value
$1,184,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$917,000
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2004
Sold by
Pescuma Thomas
Bought by
Emmons Judith C

Purchase Details

Closed on
Jun 1, 1992
Sold by
Saba E Keith E and Saba Patricia
Bought by
Emmons Judith C
Source: Public Records

Range of Values:

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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
981 Summer Street Dev Llc -- None Available
981 Summer Street Dev Llc -- None Available
Emmons Judith C -- --
Emmons Judith C $183,500 --
Emmons Judith C -- --
Emmons Judith C $183,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xin $880,000
Closed Chen Xin $880,000
Closed 981 Summer Street Dev Llc $306,320
Closed 981 Summer Street Dev Llc $16,000
Closed 981 Summer Street Dev Llc $917,000
Previous Owner 981 Summer Street Llc $840,000
Previous Owner Poutre Tyler A $351,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $1,100,000 -4.3% $329 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $1,149,900 +161.9% $344 / Sq Ft
09/10/2015 09/10/15 Sold $439,000 0.0% $290 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/03/2015 08/03/15 Off Market $439,000 -- --
07/30/2015 07/30/15 For Sale $432,000 -- $286 / 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 $9,824 $930,300 $487,300 $443,000
2024 $7,196 $684,700 $442,900 $241,800
2023 $7,211 $638,100 $420,200 $217,900
2022 $6,870 $573,000 $385,200 $187,800
2021 $6,857 $516,700 $341,500 $175,200
2020 $6,316 $453,700 $278,500 $175,200
2019 $6,091 $437,900 $262,700 $175,200
2018 $6,026 $437,900 $262,700 $175,200
2017 $6,034 $437,900 $262,700 $175,200
2016 $6,205 $427,900 $250,500 $177,400
2015 $5,870 $405,100 $227,700 $177,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73265379

MLS Property Information Network (MLS PIN)

APN: LYNF-000046-000000-001993