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7 Edward Ave, Lynnfield, MA, 01940

$2,499,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
4,742 SqFt
$527/SqFt
House
Schools Nearby

Location

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7 Edward Ave, Lynnfield$2,499,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Paved Drive, Off Street
Attached Garage2 spaces
Year Built2024
HeatingHeat Pump, Other
CoolingCentral Air
BasementYes
FireplaceLiving Room
MLS #73217656
Lot Size0.23 Acres
StatusActive

About 7 Edward Ave

Welcome to 7 Edward Ave, a masterpiece of relaxed yet elegant living beckoning all who are looking for the Best of the Best! Crafted with high-end finishes, the open layout flows among the first-floor with a kitchen, mud room, study, living room and dining area. The kitchen is a designer paradise, featuring a Thermador 48-inch range with a wood paneled hood that is flanked by windows and floating shelving, quartz counters, a large island and a Pantry/Scullery for the most enthusiastic chefs who want to keep a clean kitchen. You’ll love the high end fixtures and paneling. Embrace BBQ season (soon) with an easy flow outside to a private stone patio for al fresco dining. The chic staircase leads to second floor, with a primary bedroom suite that includes double closets and a dreamy bath with soaking tub and shower. The lower level is an extra space for gym/ media room. 4 inch white oak floors, a high efficiency hydronic heating system, hardy siding.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse, Other (See Remarks)
  • Year Built: 2024
  • Living Area: 4,742 SqFt

Listing Office:

  • Office Name: RE/MAX Bentley's
  • Listing Agent: Alissa Christie

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator, Range Hood, Other
  • Basement: Yes
  • Flooring Type: Wood, Tile, Vinyl
  • Interior: Bathroom
  • Fireplace: Living Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio, Sprinkler System, ET Irrigation Controller

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Rt 95 to Exit 59 Main Street to Edward Ave South.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,900
  • Price Per SqFt: $527/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $6,534
  • 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

$922.5K

Med. Price/SqFt

$362

Avg. Days On Market

93

# of Sold Homes

7

7 Edward Ave vs Lynnfield

30 DAYS ON ROCKET

-63 Days

$2,499,900

+$1.5M More

$527/SqFt

+$164 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $164/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: #73217656

Listing Office:

  • Office Name: RE/MAX Bentley's
  • Listing Agent: Alissa Christie

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: 4/29/2024, 3:25:15 PM 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$6,534$492,400
2020$6,201$445,500
2019$6,011$432,100
2018$5,838$424,300
2017$5,847$424,300

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,561

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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-3200361
8
/10

  • Dolbeare

  • 340 Lowell St

  • 0.73 miles

  • Public District Grades PK-4

school-card-donut-3200362
8
/10

  • Summer Street

  • 262 Summer St

  • 1.40 miles

  • Public District Grades KG-4

school-card-donut-3200363
7
/10

  • J Warren Killam

  • 333 Charles St

  • 1.52 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $146,023. Most Lynnfield, MA residents have annual incomes between $100k-200k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Edward Ave

What is the listing price of this property?

The listing price of 7 Edward Ave property is $2,499,900.

What type of property is this?

The property 7 Edward Ave is a house located in Lynnfield, Massachusetts, 01940.

Is this property for sale now?

Active Listing: 7 Edward Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,534 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7 Edward Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 7 Edward Ave is 4,742 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Edward Ave is 2024.

Rocket Homes›Massachusetts›Essex County›Lynnfield›01940›7 Edward Ave

This home is located at 7 Edward Ave in Lynnfield, MA and zip code 01940. This 4,742 square foot home, which was built in 2024, sits on a 0.23 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $2,499,900.

Lynnfield, MA housing market in March 2024 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The inventory of homes for sale in Lynnfield, MA between February 2024 and March 2024 decreased by 8.7%. In March 2024 median list price was $922,500 and the average listing age was 93 days.

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

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