5 Magnolia Dr, Lynnfield MA 01940

Lynnfield, MA 01940
$1,325,000
Est. $7,052/month
3
Beds
2.5
Baths
4,035
Sq Ft
$328
Price/Sq Ft
0.64
Acres
1984
Year Built
Single Family Residence
Type
15
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73343408

About this home

“This charming three-bedroom, 2.5-bath Cape-style home boasts 4,035 sq. ft. of living space on a private 0.64-acre lot in a picturesque neighborhood. Lovingly maintained by its original owner, this home offers a thoughtful layout that perfectly balances comfort and functionality. The first floor features a spacious family room, an elegant living room, a well-appointed kitchen, and a serene primary bedroom suite. Upstairs, two additional bedrooms and a generous unfinished attic provide endless possibilities for customization, from additional living space to a creative studio. The finished basement adds versatile space for entertainment, a home office, or extra storage. A two-car garage offers convenience, while the beautifully landscaped yard ensures privacy and a tranquil outdoor retreat. With its timeless charm, prime location, and potential for personalization, this exceptional home is truly a rare find.”

Sale Statistics

Sale Overview
Original List Price: $1,299,000
Final Sale Price: $1,325,000
Difference: +$26,000 (+2.0%)
Performance Metrics
102.0%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $322
Sale $/sq ft: $328
This property sold for $328 per square foot
Sale Summary

This property sold for 2.0% 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
1984
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
4,035 sq ft
Total Rooms
8
Main Level Bedrooms
1

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Water Heater, Range, Microwave, Refrigerator, Washer, Dryer
Interior Features
Bonus Room, Central Vacuum
Laundry Features
Flooring - Stone/Ceramic Tile, First Floor
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck - Wood
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.64 acres
Lot Size
28,009 sq ft
Lot Size Area
0.6400
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Attached, Paved Drive, Paved
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public, Private
Sewer
Private Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,579
Tax Year
2024
Tax Assessed Value
$1,196,900
Parcel Number
1982225
Zoning
RC

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
Yes
Disclosures
Dishwasher not operable. Washer, dryer, shades, and window treatments included as gifts. Tennessee gas line on left side of driveway.

Location

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Neighborhood

5 Magnolia Dr, 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 $1,048
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2%
Price Range
16
Total Days on Market

Property Timeline

Sold
Mar 28, 2025
$1,325,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Mar 10, 2025
$1,299,000
Original listing
Agent: Louise Touchette Team Office: Coldwell Banker Realty - Lynnfield

Price & Status History

Date Event Price Change
Mar 10, 2025 New Listing Added $1,299,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$328

Tax History

Year Taxes Assessment
2024 $12,579 $1,196,900

Financial Details

Annual Property Tax
$12,579
Tax Year 2024
Assessed Value
$1,196,900

Listing Information

Listing Agent Louise Touchette Team
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID TM350730
Office MLS ID AN6219

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