13 days on rocket

7 Grove St, Lynnfield, MA, 01940

$620,000

Home List Price

$7,363*

Closing Credit

3 Bedrooms
1 Full Bath
1,244 SqFt
$498/SqFt
House
Schools Nearby

Location

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7 Grove St, Lynnfield$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive, Off Street, Tandem, Paved
Year Built1910
HeatingForced Air, Oil
CoolingNone
BasementYes
FireplaceLiving Room
MLS #73238120
Lot Size0.20 Acres
StatusActive

About 7 Grove St

Welcome to this charming home in Lynnfield. Set back, in a quiet setting with direct access to the highway. It features a fenced-in yard, providing privacy and security for pets or outdoor activities. The peaceful deck is a great spot to relax and unwind. The enclosed porch offers a cozy space to enjoy your morning coffee, or curl up with a good book.The interior of the home boasts three bedrooms, a full bath, hardwood floors. It’s been freshly painted, and has new carpets, providing a neutral palette for the new owners to personalize and make their own. The home has a brand new 3-bed septic system, ready for its new owners to move in. Outside, the property has been beautifully landscaped, creating a welcoming and inviting atmosphere, the spacious yard offers plenty of room for outdoor activities to enjoy in all seasons. This home is full of character and charm, with unique architectural details and a warm, inviting ambiance. Welcome home to Lynnfield!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Gambrel /Dutch, Other (See Remarks)
  • Year Built: 1910
  • Living Area: 1,244 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - North Reading
  • Listing Agent: Leah McCann

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Dishwasher
  • Basement: Yes
  • Flooring Type: Tile, Carpet, Hardwood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Enclosed, Deck - Wood, Fenced Yard

Parking Information:

  • Parking: Paved Drive, Off Street, Tandem, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Oil
  • Cooling: None

Other

Directions Information:

  • Directions: GPS will bring you to the front of the home, the drive way is on the side of the home on Upton Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $620,000
  • Price Per SqFt: $498/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $5,392
  • 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

7 Grove St vs Lynnfield

13 DAYS ON ROCKET

-1 Day

$620,000

-$320K Less

$498/SqFt

+$135 More

KEY TAKEAWAY

This property is $320K less than the Median Sold Price and $135/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: #73238120

Listing Office:

  • Office Name: Coldwell Banker Realty - North Reading
  • Listing Agent: Leah McCann

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: 5/29/2024, 7:20:32 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$5,392$406,300
2020$4,961$356,400
2019$4,958$356,400
2018$4,904$356,400
2017$4,722$342,700

History based on county public records data.

Payment Calculator

$3,162

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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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-4329846
7
/10

  • Huckleberry Hill

  • 5 Knoll Rd

  • 1.13 miles

  • Public District Grades KG-4

school-card-donut-4329847
5
/10

  • Capt William G Shoemaker

  • 26 Regina Rd

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-4329848
6
/10

  • John E. Mccarthy

  • 76 Lake St

  • 1.70 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,365. Typical income of Lynnfield, MA residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Grove St

What is the listing price of this property?

The listing price of 7 Grove St property is $620,000.

What type of property is this?

The property 7 Grove St is a house located in Lynnfield, Massachusetts, 01940.

Is this property for sale now?

Active Listing: 7 Grove St 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 $5,392 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7 Grove St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7 Grove St is 1,244 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Grove St is 1910.

Rocket Homes›Massachusetts›Essex County›Lynnfield›01940›7 Grove St

This home is located at 7 Grove St in Lynnfield, MA and zip code 01940. This 1,244 square foot home, which was built in 1910, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $620,000.

Over 2 listings were sold over their listed price in April 2024 in Lynnfield, MA. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. In April 2024 in Lynnfield, MA there were 25% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $940,000, while the average time on the real estate market was 14 days.

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

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