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231 Salem St, Lynnfield, MA, 01940

$1,389,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,100 SqFt
$448/SqFt
House

Location

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231 Salem St, Lynnfield$1,389,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Paved Drive, Paved
Attached Garage2 spaces
Year Built2024
HeatingForced Air, Propane
CoolingCentral Air
BasementYes
MLS #73294275
Lot Size1.24 Acres
StatusAccepting Backup Offers
(Contingent)

About 231 Salem St

Welcome to this stunning New Construction Colonial, nestled on a private 1.24-acre lot. This home features 4 spacious bedrooms, 3 ½ luxurious bathrooms, high ceilings, and gleaming hardwood floors throughout. The heart of the home is the beautifully designed kitchen, with custom white cabinetry, a large quartz island, and top-of-the-line stainless steel appliances—perfect for hosting and creating memories. The sun-drenched dining area flows seamlessly into the inviting family room, creating an ideal space for gathering. Enjoy quiet moments in the versatile living room or study. Upstairs, the master suite is a true retreat, with a spa-like bath, walk-in closet, and Three additional bedrooms. The finished lower level offers endless possibilities for recreation or play. Outside, the expansive yard is perfect for outdoor activities and entertaining. With an attached two-car garage and proximity to MarketStreet and major highways, this home offers privacy and convenience. Welcome home!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2024
  • Living Area: 3,100 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - Lynnfield
  • Office Phone: (781) 334-5700
  • Listing Agent: Louise Touchette Team

Interior Features

Interior Information:

  • Appliances: Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Laminate, Hardwood
  • Interior: Bathroom - Full, Bathroom, Bonus Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck - Composite, Sprinkler System, Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Paved Drive, Paved

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 1.24 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google Map

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,389,000
  • Price Per SqFt: $448/SqFt

Tax Information:

  • Annual Amount: $5,713
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lynnfield, MA.

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Lynnfield, MA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$392

Avg. Days On Market

23

# of Sold Homes

11

231 Salem St vs Lynnfield

53 DAYS ON ROCKET

+30 Days

$1,389,000

+$389K More

$448/SqFt

+$56 More

KEY TAKEAWAY

This property is $389K more than the Median Sold Price and $56/SqFt more than other homes in Lynnfield, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73294275

Listing Office:

  • Office Name: Coldwell Banker Realty - Lynnfield
  • Office Phone: (781) 334-5700
  • Listing Agent: Louise Touchette Team

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,713$430,500
2020$5,567$399,900
2019$5,172$371,800
2018$5,029$365,500
2017$4,718$342,400

History based on county public records data.

Payment Calculator

$7,000

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,231

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-414240
5
/10

  • Huckleberry Hill Elementary School

  • 5 Knoll Rd

  • 0.80 miles

  • Public District Grades KG-4

school-card-donut-414241
7
/10

  • Woodville Elementary School

  • 30 Farm St

  • 1.55 miles

  • Public District Grades KG-4

school-card-donut-414242
9
/10

  • Summer Street Elementary School

  • 262 Summer St

  • 1.66 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,076. The most common annual income of people living in Lynnfield, MA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 231 Salem St

What is the listing price of this property?

The listing price of 231 Salem St property is $1,389,000.

What type of property is this?

The property 231 Salem St is a house located in Lynnfield, Massachusetts, 01940.

Is this property for sale now?

Accepting Backup Offers: 231 Salem St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,713 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 231 Salem St has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 231 Salem St is 3,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 231 Salem St is 2024.

Rocket Homes›Massachusetts›Essex County›Lynnfield›01940›231 Salem St

This home is located at 231 Salem St in Lynnfield, MA and zip code 01940. This 3,100 square foot home, which was built in 2024, sits on a 1.24 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $1,389,000.

While more than 6 listings in Lynnfield, MA in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. In October 2024 in Lynnfield, MA there were 13.6% more homes for sale than in September 2024. In October 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $1,000,000.

From Rocket Homes Real Estate and based on county public records data.

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