38 Phillips Road, Lynnfield MA 01940

Lynnfield, MA 01940
$962,500
Est. $5,123/month
4
Beds
2.5
Baths
2,168
Sq Ft
$444
Price/Sq Ft
0.49
Acres
1978
Year Built
Single Family Residence
Type
55
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73301547

About this home

WELCOME TO 38 PHILLIPS RD. THIS CHARMING HOME IS IN A PRIME LYNNFIELD NEIGHBORHOOD IN WALKING DISTANCE TO LYNNFIELD CENTER This inviting home was custom built, features 4 spacious bedrooms plenty of closet space. The bonus room adjacent to the primary bedroom can be used as a home office, media room etc. Two full and one-half bathrooms plus abundant natural light that fills the home! Young kitchen with ample custom cabinets, with soft closing doors and drawers, crown moldings. Top of the line appliances and granite counter tops. Dining area with slider to extra-large Azek deck. Two Fireplaces one facing the kitchen, the other faces the living rm. First floor laundry area. Potential to finish spacious basement, gas heat, one car attached garage with storage area, exterior access, paved driveway, 4 car parking. Wonderful curb appeal features new front lawn and walkway. Outdoor activities can be enjoyed in the private yard! Title V approved. Come see what this home has to offer!

Sale Statistics

Sale Overview
Original List Price: $1,100,000
Final Sale Price: $962,500
Difference: $137,500 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
55
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $507
Sale $/sq ft: $444
This property sold for $444 per square foot
Sale Summary

This property sold for 12.5% below the original asking price.

The property spent 55 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1978
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,168 sq ft
Total Rooms
8

Interior Features

Flooring
Tile, Carpet, Marble, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Heating
Baseboard, Natural Gas, Ductless
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Fireplace Features
Kitchen, Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Microwave
Interior Features
Recessed Lighting, Bonus Room, Sun Room
Laundry Features
First Floor, Washer Hookup
Basement Details
Full, Interior Entry, Garage Access, Concrete, Unfinished

Exterior & Structure

Architectural Style
Cape
Roof
Shingle, Other
Foundation
Concrete Perimeter
Exterior Features
Deck - Composite
Patio/Porch Features
Deck - Composite
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.49 acres
Lot Size
21,526 sq ft
Lot Size Area
0.4900
Lot Features
Level
Road Frontage Type
Dead End

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Storage, Garage Faces Side, Paved Drive, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, Washer Hookup
Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Shopping, Golf, Highway Access, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,447
Tax Year
2024
Tax Assessed Value
$803,700
Parcel Number
1980886
Zoning
101

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Buyer/Buyer Agent must verify all information and perform their due diligence. Room sizes are approximate.
Exclusions
Kitchen Refrigerator, All Televisions And Exterior Shed Not Included. Washer & Dryer Optional.

Location

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Neighborhood

38 Phillips Road, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $704
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.3%
Price Range
56
Total Days on Market

Property Timeline

Sold
Jan 30, 2025
$962,500
Property sold
Days on Market: 56
🏠
Listed for Sale
Oct 11, 2024
$995,000
Original listing
Agent: Barbara Peterson Office: E.W. Peterson & Son RE

Price & Status History

Date Event Price Change
Oct 11, 2024 New Listing Added $995,000

Market Statistics

Days on Market
55 days
Price per Sq Ft
$444

Tax History

Year Taxes Assessment
2024 $8,447 $803,700

Financial Details

Annual Property Tax
$8,447
Tax Year 2024
Assessed Value
$803,700

Listing Information

Listing Agent Barbara Peterson
Listing Office E.W. Peterson & Son RE
Agent MLS ID NB110331
Office MLS ID NB1224

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