NOT LISTED FOR SALE

370 Chestnut St Lynnfield, MA 01940

Estimated Value: $2,159,000 - $2,995,000

4 Beds
5 Baths
7,914 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 370 Chestnut St, Lynnfield, MA 01940 and is currently estimated at $2,502,668, approximately $316 per square foot. 370 Chestnut St is a home located in Essex County with nearby schools including Pickering Middle School, Lynnfield High School, and Odyssey Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2013
Sold by
Merullo Michael J
Bought by
Merullo Susanne
Current Estimated Value
$2,502,668

Purchase Details

Closed on
Sep 27, 1995
Sold by
Chestnut Rt
Bought by
Merullo Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1989
Sold by
Biller Phillip A
Bought by
Testa Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
10.97%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Merullo Susanne -- --
Merullo Michael J $345,000 --
Testa Albert $321,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merullo Michael J $1,600,000
Previous Owner Merullo Michael J $200,000
Previous Owner Merullo Michael $190,000
Previous Owner Testa Albert $150,000
Previous Owner Testa Albert $210,000
Closed Testa Albert $45,000
Source: Public Records

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 $27,392 $2,593,900 $668,700 $1,925,200
2024 $26,107 $2,484,000 $636,900 $1,847,100
2023 $25,044 $2,216,300 $636,900 $1,579,400
2022 $24,832 $2,071,100 $636,900 $1,434,200
2021 $21,582 $1,626,400 $530,700 $1,095,700
2020 $22,161 $1,592,000 $488,200 $1,103,800
2019 $21,554 $1,549,500 $445,700 $1,103,800
2018 $21,321 $1,549,500 $445,700 $1,103,800
2017 $21,352 $1,549,500 $445,700 $1,103,800
2016 $20,763 $1,431,900 $386,200 $1,045,700
2015 -- $1,431,900 $386,200 $1,045,700
Source: Public Records

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