50 Prospect Avenue, Lynnfield MA 01940

Lynnfield, MA 01940
$898,000
Est. $4,780/month
3
Beds
1
Baths
1,614
Sq Ft
$556
Price/Sq Ft
0.34
Acres
1950
Year Built
Single Family Residence
Type
15
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73396134

About this home

Charming Cape style home in pristine condition. Spacious fireplaced living room with hardwood floors, updated white kitchen with stainless steel appliances and Corian counters that opens to the dining area. First floor family room has hardwood floors, bow window and new slider to yard. There are 2 generous bedrooms on the first floor and a full bath with tiled shower. The second floor has the third bedroom and sitting area which could be used as office area . The lower level has a playroom and additional storage. Roof in 2019. Stone patio overlooks a stunning landscaped yard with mature plantings. Expansive side yard with second driveway for more parking. One car attached garage. Great location near Market Street and center of town. Great opportunity!!

Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $898,000
Difference: +$98,100 (+12.3%)
Performance Metrics
112.3%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $496
Sale $/sq ft: $556
This property sold for $556 per square foot
Sale Summary

This property sold for 12.3% above the original asking price, indicating strong buyer demand.

With only 15 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
1950
Bedrooms
3
Full Bathrooms
1
Living Area
1,614 sq ft
Total Rooms
7

Interior Features

Flooring
Wood, Tile
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Refrigerator
Interior Features
Recessed Lighting, Play Room, Sitting Room
Laundry Features
In Basement
Basement Details
Full, Partially Finished, Interior Entry, Sump Pump

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block
Exterior Features
Patio, Rain Gutters
Patio/Porch Features
Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.34 acres
Lot Size
15,002 sq ft
Lot Size Area
0.3400
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Attached, Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Shopping, Tennis Court(s), Golf, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,164
Tax Year
2025
Tax Assessed Value
$773,100
Tax Lot
0975
Tax Map Number
35
Parcel Number
1982059
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Town list as 2 bedrooms but there are 3 bedrooms and is a 3 bedroom septic design. Third bedroom on second floor has closet just outside the room.

Location

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Neighborhood

50 Prospect Avenue, 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 $680
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.9%
Price Range
16
Total Days on Market

Property Timeline

Sold
Aug 22, 2025
$898,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Jun 25, 2025
$799,900
Original listing
Agent: Helen Bolino Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Jun 25, 2025 New Listing Added $799,900

Market Statistics

Days on Market
15 days
Price per Sq Ft
$556

Tax History

Year Taxes Assessment
2025 $8,164 $773,100

Financial Details

Annual Property Tax
$8,164
Tax Year 2025
Assessed Value
$773,100

Listing Information

Listing Agent Helen Bolino
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID C4366999
Office MLS ID AN4887

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