231 Salem Street, Lynnfield MA 01940

Lynnfield, MA 01940
$530,000
Est. $2,821/month
3
Beds
1
Baths
1,428
Sq Ft
$371
Price/Sq Ft
1.24
Acres
1910
Year Built
Single Family Residence
Type
19
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73183821

About this home

Attention first-time buyers, downsizers, contractors, and investors! Privacy and possibilities are only two of many reasons this roomy 1,400 sf Ranch is quite the find. The opportunity to release your inner designer is another reason. Set on 1.24 gently rolling acres framed by stately trees, this 3-bedroom home has much to offer inside, too. Wonderful hardwood flooring is accented by eye-catching horizontal wainscoting in several rooms. A brick front fireplace is a focal point in the spacious family room has sliders to the yard. The even larger living-dining room also has slider access to the sprawling yard and is adjacent to the kitchen. Two bedrooms have fully paneled walls and the third bedroom has great natural light. The full bathroom has a tub/shower combination. What you choose to create is limited only by your imagination: stay within the current footprint, do cosmetic updates or think outside the box. The choice is yours! Sold as is. Showing begin Thursday!

Sale Statistics

Sale Overview
Original List Price: $449,000
Final Sale Price: $530,000
Difference: +$81,000 (+18.0%)
Performance Metrics
118.0%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $314
Sale $/sq ft: $371
This property sold for $371 per square foot
Sale Summary

This property sold for 18.0% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1910
Bedrooms
3
Full Bathrooms
1
Living Area
1,428 sq ft
Total Rooms
6
Main Level Bedrooms
3

Interior Features

Flooring
Vinyl, Carpet, Hardwood
Heating
Forced Air
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Refrigerator
Interior Features
Closet, Entrance Foyer

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Block
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
1.24 acres
Lot Size
54,001 sq ft
Lot Size Area
1.2400
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Private Sewer

Community & HOA

Community Features
Public Transportation, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,838
Tax Year
2023
Tax Assessed Value
$516,600
Parcel Number
1983415
Zoning
RB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Heating System and hot water heater is approximately one year old.

Location

Loading map...

Neighborhood

231 Salem Street, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

Loading Walk Score...

Schools

Middle School
Lynnfield
Rating information coming soon
High School
Lynnfield
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $487
Homeowners Insurance $200
PMI $0

Property History

Market Insights

66.1%
Price Range
22
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73294275
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 17, 2024
$1,325,000
MLS #73294275
Sold
Jan 4, 2024
$530,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Nov 30, 2023
$449,000
Original listing
Agent: Andrea O'Reilly Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Dec 17, 2024 Sold $1,325,000
Nov 30, 2023 New Listing Added $449,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$371

Tax History

Year Taxes Assessment
2023 $5,838 $516,600

Financial Details

Annual Property Tax
$5,838
Tax Year 2023
Assessed Value
$516,600

Listing Information

Listing Agent Andrea O'Reilly
Listing Office Keller Williams Realty Evolution
Agent MLS ID C8001269
Office MLS ID AN6886

Similar Homes

231 Salem Street, Lynnfield MA 01940 - Photo 1 231 Salem Street, Lynnfield MA 01940 - Photo 2 231 Salem Street, Lynnfield MA 01940 - Photo 3 231 Salem Street, Lynnfield MA 01940 - Photo 4 231 Salem Street, Lynnfield MA 01940 - Photo 5 231 Salem Street, Lynnfield MA 01940 - Photo 6 231 Salem Street, Lynnfield MA 01940 - Photo 7 231 Salem Street, Lynnfield MA 01940 - Photo 8 231 Salem Street, Lynnfield MA 01940 - Photo 9 231 Salem Street, Lynnfield MA 01940 - Photo 10 231 Salem Street, Lynnfield MA 01940 - Photo 11 231 Salem Street, Lynnfield MA 01940 - Photo 12 231 Salem Street, Lynnfield MA 01940 - Photo 13 231 Salem Street, Lynnfield MA 01940 - Photo 14 231 Salem Street, Lynnfield MA 01940 - Photo 15 231 Salem Street, Lynnfield MA 01940 - Photo 16 231 Salem Street, Lynnfield MA 01940 - Photo 17 231 Salem Street, Lynnfield MA 01940 - Photo 18 231 Salem Street, Lynnfield MA 01940 - Photo 19 231 Salem Street, Lynnfield MA 01940 - Photo 20 231 Salem Street, Lynnfield MA 01940 - Photo 21 231 Salem Street, Lynnfield MA 01940 - Photo 22 231 Salem Street, Lynnfield MA 01940 - Photo 23 231 Salem Street, Lynnfield MA 01940 - Photo 24 231 Salem Street, Lynnfield MA 01940 - Photo 25 231 Salem Street, Lynnfield MA 01940 - Photo 26 231 Salem Street, Lynnfield MA 01940 - Photo 27 231 Salem Street, Lynnfield MA 01940 - Photo 28 231 Salem Street, Lynnfield MA 01940 - Photo 29 231 Salem Street, Lynnfield MA 01940 - Photo 30 231 Salem Street, Lynnfield MA 01940 - Photo 31 231 Salem Street, Lynnfield MA 01940 - Photo 32 231 Salem Street, Lynnfield MA 01940 - Photo 33 231 Salem Street, Lynnfield MA 01940 - Photo 34 231 Salem Street, Lynnfield MA 01940 - Photo 35 231 Salem Street, Lynnfield MA 01940 - Photo 36

Contact Agent

Schedule a Tour