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393 Summer St, Lynnfield, MA, 01940

$750,000

Home List Price

$8,906*

Closing Credit

3 Bedrooms
2 Full Baths
1,474 SqFt
$509/SqFt
House
Schools Nearby

Location

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393 Summer St, Lynnfield$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Detached, Carport, Paved Drive, Off Street
Attached Garage2 spaces
Year Built1948
HeatingForced Air, Baseboard, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #73230580
Lot Size0.46 Acres
StatusAccepting Backup Offers
(Contingent)

About 393 Summer St

Welcome to 393 Summer Street, where endless possibilities await! This charming 3-bedroom, 2-bathroom home offers immense potential. Enter inside to discover a sun filled family room, kitchen, dining room, three comfortable bedrooms and full bathroom on the main level. The partially finished lower level walk out boasts a second family room, full bath, laundry, a versatile three-season enclosed room with French doors opening to the patio, and an attached garage. Situated on an oversized lot this is a true oasis! Imagine enjoying warm summer nights in this delightful outdoor space. The detached garage has two levels, perfect for additional storage. Amazing location, close proximity to Summer Street School, Lynnfield Market St, Reedy Meadow Golf Course, and Route 128, this property is a rare find in the Lynnfield market! With a bit of vision and TLC, this space can be transformed to your perfect home! The heating system has been recently cleaned!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1948
  • Living Area: 1,474 SqFt

Listing Office:

  • Office Name: Senne
  • Listing Agent: Lisa Sheehan

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Tile, Carpet, Laminate, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Detached, Carport, Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot: Easement
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Baseboard, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Please use GPS. Thank you!

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $509/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $6,399
  • 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

$940K

Med. Price/SqFt

$362

Avg. Days On Market

14

# of Sold Homes

5

393 Summer St vs Lynnfield

15 DAYS ON ROCKET

+1 Day

$750,000

-$190K Less

$509/SqFt

+$146 More

KEY TAKEAWAY

This property is $190K less than the Median Sold Price and $146/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: #73230580

Listing Office:

  • Office Name: Senne
  • Listing Agent: Lisa Sheehan

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 2010Home Sold
$318,000
Mar 29, 1996Home Sold
$164,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,399$482,200
2020$5,972$429,000
2019$5,734$412,200
2018$5,574$405,100
2017$5,341$387,600

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-1457915
10
/10

  • Summer Street

  • 262 Summer St

  • 0.32 miles

  • Public District Grades KG-4

school-card-donut-1457916
7
/10

  • Huckleberry Hill

  • 5 Knoll Rd

  • 0.88 miles

  • Public District Grades KG-4

school-card-donut-1457917
6
/10

  • Dolbeare

  • 340 Lowell St

  • 1.65 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,076. Most Lynnfield, MA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 393 Summer St

What is the listing price of this property?

The listing price of 393 Summer St property is $750,000.

What type of property is this?

The property 393 Summer St is a house located in Lynnfield, Massachusetts, 01940.

Is this property for sale now?

Accepting Backup Offers: 393 Summer 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 $6,399 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 31, 2010 for $318,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 393 Summer St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 393 Summer St is 1,474 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 393 Summer St is 1948.

Rocket Homes›Massachusetts›Essex County›Lynnfield›01940›393 Summer St

This home is located at 393 Summer St in Lynnfield, MA and zip code 01940. This 1,474 square foot home, which was built in 1948, sits on a 0.46 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $750,000.

In April 2024, from all listings sold in Lynnfield, MA there were more than 2 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Lynnfield, MA between March 2024 and April 2024 increased by 25%. In April 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $940,000.

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

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