BMN Boston

Get our mobile app!

Download on the App Store

420 Salem St, Lynnfield MA 01940

Lynnfield, MA 01940
$750,000
3
Beds
1.5
Baths
2,554
Sq Ft
$294
Price/Sq Ft
1.96
Acres
1880
Year Built
3
Garage Spaces
33
Days on Market
Closed Listed Dec 17, 2024 • MLS# 73320359 Copied! • Updated Mar 5, 2025

Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $750,000
Difference: $49,900 (-6.2%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $313
Sale $/sq ft: $294
This property sold for $294 per square foot
Sale Summary

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

The property spent 33 days on market before selling.

About this home

ATTENTION; DEVELOPERS, INVESTORS AND CONTRACTORS!! Bring your vision and don't miss out on this once in a lifetime rare opportunity to build your dream home on a 1.96 acre lot in Lynnfield. Home requires extensive repair or teardown however some unique amenities include an oversized heated 2 car garage with 1/2 bath perfect for the car enthusiast or workshop, two storage sheds and large unpaved driveway. The lot could potentially be subdivided. Home is set back allowing for privacy yet is just minutes away from Market Street, Whole Foods, fine dining, shopping and major highways. Buyer is responsible for any and all inspections needed to sell the property. There is an electrical easement on property along with conservation/wetlands buyers to do their due diligence regarding all aspects of home/land. Property sold as is. CASH ONLY

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

6.2%
Price Range
35
Total Days on Market

Property Timeline

Current Active Listing - MLS #73503998
Full transaction history available when tracking began
🏡
Currently Listed
Apr 19, 2026
$799,000
MLS #73503998 - Active
Sold
Mar 5, 2025
$750,000
Property sold
Days on Market: 35
🏠
Listed for Sale
Dec 17, 2024
$799,900
Original listing
Agent: The Apex Team Office: Apex Realty Group, LLC

Tax History

Year Taxes Assessment
2024 $8,073 $768,100

Financial Details

Annual Property Tax
$8,073
Tax Year 2024
Assessed Value
$768,100

Facts & Features

3 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1880
Living Area 2,554 sq ft
Lot Size 1.96 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Oil
Cooling None
Flooring None
Appliances Water Heater
Fireplace None
Fireplaces 1
Basement Full, Dirt Floor
Laundry First Floor
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof None
Features Porch, Storage, Barn/stable
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 3
Has Garage Yes
Features Detached, Heated Garage, Storage, Workshop In Garage, Paved Drive, Off Street, Paved
Total Spaces 7
Electric None
Water Public
Sewer Private Sewer
Gas None
Other None
Annual Tax $8,073
Assessed Value $768,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures House Is In Need Of Extensive Repair/teardown. Property Sold As Is. Sellers Will Leave Any Unwanted Items Behind In/on Property. Seller Requires A 90 Day Use And Occupancy Post Closing. There Is An Electrical Easement On Property Along With Some Conservation/wetlands.
Possession None
Accepted Financing None
Structure Type []
House Color Red
Sq Ft Source Public Record
Sq Ft Disclosures Living area measurements taken from public record and not guaranteed. Buyer to do due diligence.
Documents None
County Essex
Total market time (incl. prior listings) 35 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1880
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,554 sq ft
Total Rooms
7

Room Details

First Floor

Bathroom1
Bathroom - Half
Dining Room
Kitchen
Living Room
Family Room

Second Floor

Bedroom3
Bathroom2
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Bedroom2
Master Bedroom

Other Floor

Bedroom5
Bedroom4
Bathroom3
Office
Master Bathroom

Interior Features

Flooring:
Appliances: Water Heater
Interior Features:
Windows:
Basement: Full, Dirt Floor
Laundry: First Floor
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Storage, Barn/Stable
Patio & Porch: Porch
Fencing:
Other Structures: Barn/Stable
Lot Features: Wooded, Easements
Road Surface:

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 7
Parking Features: Detached, Heated Garage, Storage, Workshop in Garage, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Highway Access

Nearby Schools

School information not available for this location.

Location

Loading map...

Neighborhood

420 Salem St, Lynnfield MA 01940

Lynnfield, MA 01940

Listing Information

Listing Agent The Apex Team
Listing Office Apex Realty Group, LLC
Office Phone 978-276-3333
Agent MLS ID TM335186
Office MLS ID AN2707
Listing Data Updated Mar 5, 2025 3:37 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Lynnfield, MA

Real-time market trends and pricing data for this area

420 Salem St, Lynnfield MA 01940 - Photo 1 420 Salem St, Lynnfield MA 01940 - Photo 2 420 Salem St, Lynnfield MA 01940 - Photo 3 420 Salem St, Lynnfield MA 01940 - Photo 4 420 Salem St, Lynnfield MA 01940 - Photo 5 420 Salem St, Lynnfield MA 01940 - Photo 6 420 Salem St, Lynnfield MA 01940 - Photo 7 420 Salem St, Lynnfield MA 01940 - Photo 8 420 Salem St, Lynnfield MA 01940 - Photo 9 420 Salem St, Lynnfield MA 01940 - Photo 10 420 Salem St, Lynnfield MA 01940 - Photo 11 420 Salem St, Lynnfield MA 01940 - Photo 12 420 Salem St, Lynnfield MA 01940 - Photo 13 420 Salem St, Lynnfield MA 01940 - Photo 14 420 Salem St, Lynnfield MA 01940 - Photo 15 420 Salem St, Lynnfield MA 01940 - Photo 16 420 Salem St, Lynnfield MA 01940 - Photo 17 420 Salem St, Lynnfield MA 01940 - Photo 18 420 Salem St, Lynnfield MA 01940 - Photo 19
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour