1100 Salem # 8, Lynnfield MA 01940

Lynnfield, MA 01940
$500,000
Est. $2,661/month
2
Beds
2
Baths
1,263
Sq Ft
$396
Price/Sq Ft
1983
Year Built
Condominium
Type
4
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73243898

About this home

Rarely available 2 bed 2 bath unit in ideal Lynnfield location. Cedar Pond Village is an absolute oasis close to everything yet somehow completely secluded from it all. Come see this spacious and well laid out upper level condo which is part of a well-run, high owner occupancy association. No wasted space in this lovely home complete with high-end totally renovated kitchen, in-unit laundry, central AC, excellent closet space, fireplaced living room, and a private porch overlooking the beautifully landscaped property. Garage parking, swimming pool, tennis courts, and an impressive common clubhouse round out this impressive opportunity. First showings at Open Houses Saturday 6/1 12-1pm and Sunday 6/2 12-1pm.

Sale Statistics

Sale Overview
Original List Price: $475,000
Final Sale Price: $500,000
Difference: +$25,000 (+5.3%)
Performance Metrics
105.3%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $376
Sale $/sq ft: $396
This property sold for $396 per square foot
Sale Summary

This property sold for 5.3% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1983
Bedrooms
2
Full Bathrooms
2
Living Area
1,263 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Interior Features

Heating
Forced Air, Electric
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
Laundry Features
In Unit
Basement Details
N

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Balcony
Has Spa
No
Pool Features
Association, In Ground
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
2
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA Fee
$511
Association Amenities
Pool, Recreation Facilities, Clubroom
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,680
Tax Year
2024
Tax Assessed Value
$400,000
Zoning
res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
Yes
Disclosures
Lynnfield address but located in Peabody(hence Peabody school system and taxes)

Location

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Neighborhood

1100 Salem # 8, 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 $307
Homeowners Insurance $200
HOA Fee $511
PMI $0

Property History

Market Insights

5%
Price Range
5
Total Days on Market

Property Timeline

Sold
Jul 31, 2024
$500,000
Property sold
Days on Market: 5
🏠
Listed for Sale
May 29, 2024
$475,000
Original listing
Agent: Philip M. Smith Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
May 29, 2024 New Listing Added $475,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$396

Tax History

Year Taxes Assessment
2024 $3,680 $400,000

Financial Details

Annual Property Tax
$3,680
Tax Year 2024
HOA Fee
$511
Per month
Assessed Value
$400,000

Listing Information

Listing Agent Philip M. Smith
Listing Office Gibson Sotheby's International Realty
Agent MLS ID BB802426
Office MLS ID AN8363

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