1005 Summer Street, Lynnfield MA 01940

Lynnfield, MA 01940
$680,000
Est. $3,619/month
3
Beds
2
Baths
1,632
Sq Ft
$417
Price/Sq Ft
0.34
Acres
1958
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73206912

About this home

Don't miss this opportunity to own a single-family home in Lynnfield. Warm and inviting 3-bedroom ranch. Meticulously loved and maintained with an open floor plan and sun-filled rooms make it a great place to relax and entertain. The bright open kitchen features stainless steel appliances, a double oven, tile countertops and opens to an attractive living area with a wood burning fireplace. Conveniently located off the kitchen & living area is a versatile family room/office with a skylight and many windows. Atrium door leads to a deck and a tranquil outside setting, perfect for enjoying the outdoors. This home features wood flooring, cathedral ceilings, recessed lighting, and central air. The expansive basement has many possibilities. Ample driveway parking. Heat & Central Air (2010), Tankless Water heater (2020). New 3 bedroom septic to be installed prior to closing. Conveniently located near Route 128, Route 1 & Market Street. Enjoy all that Lynnfield has to offer.

Sale Statistics

Sale Overview
Original List Price: $724,900
Final Sale Price: $680,000
Difference: $44,900 (-6.2%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $444
Sale $/sq ft: $417
This property sold for $417 per square foot
Sale Summary

This property sold for 6.2% below the original asking price.

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
1958
Bedrooms
3
Full Bathrooms
2
Living Area
1,632 sq ft
Total Rooms
6

Interior Features

Flooring
Wood, Tile, Carpet
Heating
Forced Air, Electric Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry Features
Gas Dryer Hookup, Washer Hookup, In Basement
Basement Details
Partial, Interior Entry, Sump Pump, Concrete

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Concrete Perimeter, Irregular
Exterior Features
Deck, Rain Gutters
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.34 acres
Lot Size
15,115 sq ft
Lot Size Area
0.3400
Lot Features
Level, Other
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

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

Community & HOA

Community Features
Shopping, Park, Golf, Bike Path, Highway Access, House of Worship, Public School, Sidewalks
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,893
Tax Year
2024
Tax Assessed Value
$616,500
Tax Lot
2712
Tax Block
0000
Tax Map Number
0046
Parcel Number
0048 0000 2712,1983192
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
New approved 3 bed septic to be installed prior to closing.Sellers haven't used FP&2nd bath in many years. 2nd bedroom wood floor has a painted design. Room measurements are approx. Appliances to remain as gifts.Seller/agent make no warranties/representations. Buyers/agents to perform due diligence.

Location

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Neighborhood

1005 Summer Street, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Schools

Elementary School
Huckleberry
Rating information coming soon
Middle School
Lms
Rating information coming soon
High School
Lhs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $574
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.2%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jun 20, 2024
$680,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Feb 29, 2024
$724,900
Original listing
Agent: Luciano Leone Team Office: RE/MAX 360

Price & Status History

Date Event Price Change
Feb 29, 2024 New Listing Added $724,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$417

Tax History

Year Taxes Assessment
2024 $6,893 $616,500

Financial Details

Annual Property Tax
$6,893
Tax Year 2024
Assessed Value
$616,500

Listing Information

Listing Agent Luciano Leone Team
Listing Office RE/MAX 360
Agent MLS ID TM300442
Office MLS ID AN6151

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