NOT LISTED FOR SALE

324 Chestnut St Lynnfield, MA 01940

Estimated Value: $1,366,000 - $1,762,000

4 Beds
3 Baths
3,439 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $1,355,000 $394 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,222/month

12 Days on Market

Highlights

  • Horses Allowed On Property
  • In Ground Pool
  • Deck
  • Lynnfield High School Rated A
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of September 2020

NO MORE SHOWINGS...Virtual tour only. "Country Living" with an easy commute just north of Boston where Top Rated schools and renowned "Market Street" shopping and dining are located. Perfectly situated on private 2.5 acre parcel with Carriage House/Heated Garage and inground pool in the rear. Gorgeous renovation of this classic beauty includes the most popular updates beginning with the open floor plan on the main level and four generous size bedrooms upstairs, finished lower level with exercise studio. Designer kitchen with custom made cabinets and oversized island flows into the fireplaced family room with sliders to deck. The detached heated five car garage/workshop located at the end of the gravel drive at the rear of the property has the ability to house a boat and 4 cars with an additional dormered second floor which makes a perfect office or extra workshop space.

Last Listed By

Penny McKenzie

Coldwell Banker Realty - Lynnfield Listed on: 06/10/2020

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,371

Year Built

  • Built in 1949

Lot Details

  • Stone Wall
  • Landscaped Professionally
  • Property is zoned RC

Parking

  • 6 Car Garage

Interior Spaces

  • Central Vacuum
  • French Doors
  • Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • In Ground Pool
  • Deck

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Sewer
  • High Speed Internet

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:0018 B:0000 L:2191

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,371

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial, Carriage House
  • Other Agent: 2.00
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 290.78
  • Comp Based On: Net Sale Price
  • Year Built: 1949
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Central Vacuum, Security System, French Doors, Internet Available - Fiber-Optic
  • Appliances: Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 17X15, Bathroom - Full, Closet - Walk-in, Closet, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Recessed Lighting, Remodeled
  • Bedroom 2: On Level: Second Floor, Dimension: 15X17, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 12X14, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 14X16, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 8X8, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Dimension: 10X8, Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Closet, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 3: On Level: Second Floor, Dimension: 9X11
  • No Rooms: 11
  • Dining Room: On Level: First Floor, Dimension: 16X14, Flooring - Hardwood, Main Level, Open Floor Plan, Recessed Lighting, Remodeled, Crown Molding
  • Family Room: On Level: Basement, Dimension: 24X16, Fireplace, Flooring - Wall to Wall Carpet, Recessed Lighting, Remodeled
  • Kitchen: On Level: First Floor, Dimension: 24X30, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Main Level, Kitchen Island, Cabinets - Upgraded, Open Floor Plan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Walk-in Storage, Lighting - Pendant
  • Laundry: On Level: Second Floor, Dimension: 10X8, Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: First Floor, Dimension: 24X16, Fireplace, Flooring - Hardwood, Main Level, Deck - Exterior, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting, Remodeled, Slider, Lighting - Overhead, Crown Molding
  • Basement: Y
  • Basement Features: Full, Crawl, Interior Access, Bulkhead, Concrete Floor, Exterior Access
  • Other Room 1: Name: Office, On Level: First Floor, Dimension: 12X14, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Other Room 2: Name: Game Room, On Level: Basement, Dimension: 18X14, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Other Room 3: Name: Exercise Room, On Level: Basement, Dimension: 10X10, Flooring - Wall to Wall Carpet
  • Main Lo: AN4870
  • Main So: AN6181
  • Estimated Sq Ft: 3439.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck, Pool - Inground, Professional Landscaping, Horses Permitted, Stone Wall
  • Foundation: Poured Concrete
  • Foundation Size: Irregular
  • Insulation Feature: Mixed

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Parking: Attached, Detached, Garage Door Opener, Heated, Work Area, Side Entry, Insulated, Carriage Shed, Barn, Oversized Parking
  • Garage Spaces: 6

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Gas
  • Heat Zones: 2
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Shopping, Swimming Pool, Park, Stables, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Public School

Schools

  • Elementary School: Summer
  • Middle School: LMS
  • High School: LHS

Lot Info

  • Assessments: 786200.00
  • Acre: 2.50
  • Lot Size: 108825.00
  • Page: 126
  • Parcel Number: M:0018 B:0000 L:2191
  • Zoning: RC
  • Lot Description: Wooded, Farmland, Level

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Tax Info

  • Taxes: 10944.00
  • Assessor Parcel Number: 1980368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 8, 2020
Sold by
Colbert Maureen A and Colbert Timothy B
Bought by
Lemberger Joan and Lemberger Thomas W
Seller's Agent
Penny McKenzie
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Karen Johnson
Coldwell Banker Realty - Lynnfield
List Price
$999,999
Sold Price
$1,355,000
Premium/Discount to List
$355,001
35.5%
Total Days on Market
12
Current Estimated Value
$1,605,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,009
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Ryan Bruce A and Ryan Marie
Bought by
Colbert Timothy B and Colbert Maureen

Purchase Details

Closed on
May 18, 1995
Sold by
Maga Frances B
Bought by
Ryan Bruce A and Ryan Marie E

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lemberger Joan $1,355,000 None Available
Colbert Timothy B $205,000 --
Ryan Bruce A $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colbert Timothy B $260,500
Previous Owner Colbert Timothy B $300,000
Previous Owner Ryan Bruce A $294,600
Previous Owner Ryan Bruce A $284,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $1,355,000 +35.5% $394 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $999,999 -- $291 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,371 $1,455,600 $661,300 $794,300
2024 $14,600 $1,389,200 $629,900 $759,300
2023 $14,747 $1,305,000 $629,900 $675,100
2022 $15,441 $1,287,800 $629,900 $657,900
2021 $10,994 $828,500 $523,700 $304,800
2020 $10,944 $786,200 $481,200 $305,000
2019 $10,345 $743,700 $438,700 $305,000
2018 $10,233 $743,700 $438,700 $305,000
2017 $10,248 $743,700 $438,700 $305,000
2016 $9,637 $664,600 $379,200 $285,400
2015 $9,630 $664,600 $379,200 $285,400
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72671474

MLS Property Information Network (MLS PIN)

APN: LYNF-000018-000000-002191