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48 Grey Lane, Lynnfield MA 01940

Lynnfield, MA 01940 • KING JAMES GRANT
$1,100,000
Est. $5,855/month
4
Beds
3
Baths
4,864
Sq Ft
$226
Price/Sq Ft
1.03
Acres
1971
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73164190

About this home

FABULOUS KING JAMES GRANT LOCATION!! Bring your vision and your contractor! This home presents a unique opportunity to get into Lynnfield and get creative. Boasting over 4,500 square feet of house, 40,000 sf. of land, a 3 car garage, and an in-ground pool, this neighborhood will support whatever resources you need to use to make it into your dream home. Buyer to conduct their own due diligence. Title V will be in hand by closing. Seller makes no representations to permits, & will not be closing open permits, if any. Seller not certain how well A/C works. House is on well water. There is a town water connection in the house. Seller makes no representation or warranty regarding condition of well or quality of well water, or as to ability to activate the town water connection.

Sale Statistics

Sale Overview
Original List Price: $995,900
Final Sale Price: $1,100,000
Difference: +$104,100 (+10.5%)
Performance Metrics
110.5%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $205
Sale $/sq ft: $226
This property sold for $226 per square foot
Sale Summary

This property sold for 10.5% above the original asking price, indicating strong buyer demand.

With only 6 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
1971
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
2
Living Area
4,864 sq ft
Total Rooms
11

Interior Features

Flooring
Wood, Plywood, Tile, Laminate, Flooring - Wood, Flooring - Stone/Ceramic Tile
Heating
Baseboard, Natural Gas, Fireplace(s)
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Family Room, Living Room
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
Dishwasher, Microwave, Range, Refrigerator
Interior Features
Bathroom - Half, Bathroom - Full, Study, Entry Hall, Play Room, Bathroom
Basement Details
Full, Finished, Walk-Out Access, Interior Entry, Garage Access

Exterior & Structure

Construction Materials
Frame, Brick
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Deck, Patio, Pool - Inground, Storage, Fenced Yard
Patio/Porch Features
Porch, Deck, Patio
Fencing
Fenced
Has Spa
No
Pool Features
In Ground
Private Pool
Yes
Waterfront Property
No

Lot & Land

Lot Size
1.03 acres
Lot Size
44,862 sq ft
Lot Size Area
1.0300
Lot Features
Wooded, Easements
Road Frontage Type
Public

Parking & Garage

Garage Spaces
3
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Attached, Under, Storage, Paved Drive, Off Street, Paved
Covered Parking Spaces
3

Utilities & Systems

Water Source
Private, Other
Sewer
Inspection Required for Sale

Community & HOA

Subdivision
KING JAMES GRANT
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Bike Path, Highway Access, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$13,432
Tax Year
2023
Tax Assessed Value
$1,188,700
Tax Lot
2418
Tax Map Number
17
Parcel Number
1980350
Zoning
RC

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Property is being sold in “AS IS” condition. Seller conducted a pre listing inspection w/findings of mold & evidence of termites in rear lower level. Seller has never occupied the property. Seller makes no representations as to the condition of the property.
Exclusions
**except Items Being Stored In Family Room, Which Will Be Removed Prior To Closing

Location

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Neighborhood

KING JAMES GRANT

48 Grey Lane, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Schools

Elementary School
Summer Street
Rating information coming soon
Middle School
Lms
Rating information coming soon
High School
Lhs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,119
Homeowners Insurance $200
PMI $0

Property History

Market Insights

54.7%
Price Range
7
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73271666
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 27, 2024
$2,200,000
MLS #73271666
View Listing →
✓
Sold
Nov 9, 2023
$1,100,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Sep 27, 2023
$995,900
Original listing
Agent: Marjorie Youngren Team Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Sep 27, 2024 Sold $2,200,000 —
Sep 27, 2023 New Listing Added $995,900 —

Market Statistics

Days on Market
6 days
Price per Sq Ft
$226

Tax History

Year Taxes Assessment
2023 $13,432 $1,188,700

Financial Details

Annual Property Tax
$13,432
Tax Year 2023
Assessed Value
$1,188,700

Listing Information

Listing Agent Marjorie Youngren Team
Listing Office Keller Williams Realty Evolution
Agent MLS ID TM009062
Office MLS ID AN6887

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