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880 Summer St, Lynnfield MA 01940

Lynnfield, MA 01940
$450,000
Est. $2,923/month
3
Beds
1
Baths
1,188
Sq Ft
$379
Price/Sq Ft
0.39
Acres
1954
Year Built
21
Days on Market
Closed Listed Sep 8, 2020 • MLS# 72722217 Copied!

About this home

Tear down or Rehab & build new! This home needs EVERYTHING but is located on a desirable street surrounded by newer construction homes. The seller & seller's agent have no property history to share & buyer is strongly encouraged to do their due diligence to their satisfaction PRIOR to making an offer. Only cash offers w/ NO inspection would be considered. The condition of the septic system is unknown but buyers should assume the septic will fail & need to be replaced. Seller is NOT providing a smoke cert. Property is being sold completely as-is where-is & will not be trashed out. This could be an excellent opportunity for a seasoned investor. There is a lot of work to be done but there is also a lot of potential upside. Property to be viewed from exterior only. Viewings to begin on Tuesday, Sept 8th by APPOINTMENT ONLY. Please do not walk the property without a confirmed appointment.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1954
Bedrooms
3
Full Bathrooms
1
Living Area
1,188 sq ft
Total Rooms
5

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $450,000
Difference: +$50,100 (+12.5%)
Performance Metrics
112.5%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $337
Sale $/sq ft: $379
This property sold for $379 per square foot
Sale Summary

This property sold for 12.5% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$379/sq ft
Area Average
$390/sq ft
Difference
2.9%

This property sold near the area average for similar homes.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1954
Living Area 1,188 sq ft
Lot Size 0.39 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Oil
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 1
Basement Dirt Floor
Laundry None
Features None

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Off Street, Paved
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $5,372
Assessed Value $385,900

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Dirt Floor
Laundry:
Security:

Construction & Materials

Style: Ranch
Year Built: 1954
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Other

Heating, Cooling & Utilities

Heating: Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, Public School

Location

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Neighborhood

880 Summer St, Lynnfield MA 01940

Lynnfield, MA 01940

Walkability

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Nearby Schools

School District
Lynnfield School District local
A
School Safety 2024-25
0.3% Low
0.2% Suspensions 0.1% Emergency
5.2% below state avg
E

Elementary Schools

4 schools
Our Lady of the Assumption School
0.8 mi
Grades PK-08
A
Huckleberry Hill School
0.3 mi | #149 of 824 | Score: 57.1
Dropped 122 spots from last year
-1.1 below state avg
416 students Moderate
Strong Attendance
Grades K-04
Lynnfield Preschool
1.4 mi
36 students Less Diverse
Grades PK
A
Summer Street School
1.4 mi | #118 of 824 | Score: 58.1
Improved 37 spots from last year
-0.1 below state avg
440 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A
Lynnfield Middle School
1.9 mi | #58 of 352 | Score: 55.5
Improved 34 spots from last year
-2.7 below state avg
698 students Moderate
Rising School Strong Attendance
Grades 05-08
H

High Schools

2 schools
Bridgewell Program
1.0 mi
Grades 09-12
A
Lynnfield High School
1.3 mi | #62 of 346 | Score: 65.4
Dropped 41 spots from last year
+7.2 above state avg
588 students Moderate
18 sports • 1,490 athletes
High Graduation Rate College Ready Curriculum Strong Athletics Strong Attendance
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $448
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

80%
Price Range
23
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73487985
Full transaction history available when tracking began
🏡
Currently Listed
Mar 18, 2026
$1,999,000
MLS #73487985 - Active
Previous Transaction - MLS #73052497
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 7, 2022
$1,610,000
MLS #73052497
Sold
Oct 1, 2020
$450,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Sep 8, 2020
$399,900
Original listing
Agent: Louise Touchette Office: Coldwell Banker Realty - Lynnfield

Price & Status History

Date Event Price Change
Apr 8, 2026 Sold $1,999,000
Dec 7, 2022 Sold $1,610,000
Sep 8, 2020 New Listing Added $399,900

Market Statistics

Days on Market
21 days
Price per Sq Ft
$379

Tax History

Year Taxes Assessment
2020 $5,372 $385,900

Financial Details

Annual Property Tax
$5,372
Tax Year 2020
Assessed Value
$385,900

Listing Information

Listing Agent Louise Touchette
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID C9501348
Office MLS ID AN6219
Listing Data Updated Oct 3, 2020 3:30 AM EDT
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 Lynnfield, MA

Real-time market trends and pricing data for this area

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