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40 Archer St, Lynn MA 01902

Lynn, MA 01902
$487,500
Est. $3,122/month
3
Beds
1.5
Baths
1,420
Sq Ft
$343
Price/Sq Ft
0.13
Acres
1925
Year Built
3
Days on Market
Closed Listed Jan 31, 2026 • MLS# 73473089 Copied!

About this home

Investor Special or Fixer-Upper Opportunity. HGTV Enthusiasts - here is your chance!! Classic Dutch Colonial priced below the $529,500 assessed value. Charming gambrel-style home features beautiful original woodwork, built-ins and timeless architectural details throughout. Eat in kitchen flows into a family room with sliders to the deck overlooking the back yard. Convenient first floor half bath. Great foyer area showcasing the beautiful wood staircase is not easy to find in your average cookie cutter homes. Spacious rooms with large windows provide abundant natural light. This home has character written all over it. Extra bonus room on second floor used as 4th bedroom. Steep attic stairs lead to more additional space. Home being sold as is. Needs a savvy investor, flipper or buyer willing to customize to their taste. Established Lynn neighborhood with off-street parking. Solar Panels.

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Public Records

Current Owner

Owner CHARROS MICHAEL R
Mailing Address 40 ARCHER ST, LYNN, MA, 01902

Land Use

Use Code 101
Description Single Family
Zoning R1
Style COLONIAL

Tax Information

Assessed Value $529,400

Assessment History

Year Land Building Total Change
FY2026 $208,200 $319,900 $529,400

Sale History

Date Price Book/Page
Feb 26, 1999 $166,500 15498/560

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: LYNN

Match: address_exact (95.0% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1925
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,420 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $475,000
Final Sale Price: $487,500
Difference: +$12,500 (+2.6%)
Performance Metrics
102.6%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $335
Sale $/sq ft: $343
This property sold for $343 per square foot
Sale Summary

This property sold for 2.6% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$343/sq ft
Area Average
$383/sq ft
Difference
10.5%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1925
Living Area 1,420 sq ft
Lot Size 0.13 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Oil
Cooling Window Unit(s)
Flooring None
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Interior Entry
Laundry In Basement
Features None

Exterior

Construction None
Architecture Colonial
Roof None
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch None

Parking

Features None
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,486
Assessed Value $529,500

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Full, Interior Entry
Laundry: In Basement
Security:

Construction & Materials

Style: Colonial
Year Built: 1925
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone

Heating, Cooling & Utilities

Heating: Forced Air, Oil
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced/Enclosed
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features:

Location

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Neighborhood

40 Archer St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

10 schools
The Hathaway School
0.3 mi
Grades PK-08
St. Pius V Elementary School
1.0 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
1.2 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
North Shore Christian School
1.3 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.8 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
TEAMS Academy at Virginia Barton Center
2.2 mi
Grades PK-12
Sacred Heart Elementary School
2.4 mi
Grades PK-08
A-
Aborn School
0.1 mi | #226 of 824 | Score: 53.5
Improved 252 spots from last year
-4.7 below state avg
224 students Diverse
Rising School Diverse Student Body
Grades K-05
C
Hood School
0.4 mi | #617 of 824 | Score: 39.9
Improved 28 spots from last year
-18.3 below state avg
541 students Moderate
Rising School
Grades PK-05
C-
Ingalls School
0.6 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.6 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.5 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
1.4 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
1.5 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.6 mi
Grades 06-12
D
Lynn English High School
0.7 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
B-
Harold Durgin Success Academy
1.6 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
C-
Classical High School
3.0 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $457
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

34.9%
Price Range

Property Timeline

Current Active Listing - MLS #73534935
Full transaction history available when tracking began
🏡
Currently Listed
Jun 12, 2026
$729,988
MLS #73534935 - Active
Pending Sale
Feb 4, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Jan 31, 2026
$475,000
Original listing
Agent: Donna DeRosa Office: eXp Realty

Price & Status History

Date Event Price Change
Jun 12, 2026 Sold $729,988
Jan 31, 2026 New Listing Added $475,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$343

Tax History

Year Taxes Assessment
2025 $5,486 $529,500

Financial Details

Annual Property Tax
$5,486
Tax Year 2025
Assessed Value
$529,500

Listing Information

Listing Agent Donna DeRosa
Listing Office eXp Realty LLC - Corporate Office
Agent MLS ID CT007603
Office MLS ID AC0342
Listing Data Updated Mar 6, 2026 10:53 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

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