9 days on rocket

981 Summer St, Lynnfield, MA, 01940

$1,249,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,343 SqFt
$374/SqFt
House
Schools Nearby

Location

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981 Summer St, Lynnfield$1,249,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive
Garage1 space
Year Built1957
HeatingCentral
CoolingCentral Air
BasementYes
MLS #73228950
Lot Size0.38 Acres
StatusActive

About 981 Summer St

Welcome to 981 Summer St, a modern construction home that epitomizes contemporary design. The open-concept living space features high ceilings, hardwood floors, and oversized windows that allow natural light to pour in, showcasing the beauty of the surrounding landscape. This 4-level home boasts 3 bedrooms and 2.5 bathrooms, each meticulously designed with clean lines and custom craftsmanship.The chef's kitchen is a highlight, equipped with high-end stainless steel appliances, quartz countertops, and smart built-ins. The primary suite is a retreat in itself, with high ceilings, a custom dressing room, and a luxurious ensuite bath. Additional rooms include a guest bedroom, spa-like bathroom, and a convenient laundry room.The lower level of the home offers endless opportunities for entertainment and relaxation, featuring a gym, theater, and a spacious rec room with direct access to the backyard oasis.It has the perfect blend of luxury living and convenience, situated in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1957
  • Living Area: 3,343 SqFt

Listing Office:

  • Office Name: Century 21 North East
  • Listing Agent: MG Group

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Wine Cooler
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Home Office, Media Room, Mud Room, Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch, Deck

Parking Information:

  • Garage Space: 1 space
  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,900
  • Price Per SqFt: $374/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $6,857
  • 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

981 Summer St vs Lynnfield

9 DAYS ON ROCKET

-5 Days

$1,249,900

+$309.9K More

$374/SqFt

+$11 More

KEY TAKEAWAY

This property is $309.9K more than the Median Sold Price and $11/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: #73228950

Listing Office:

  • Office Name: Century 21 North East
  • Listing Agent: MG Group

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: 5/5/2024, 12:20:33 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

Aug 18, 2021Home Sold
$570,000
Jun 01, 1992Home Sold
$183,500

Tax History

YEARPROP. TAXASSESSMENT
2021$6,857$516,700
2020$6,316$453,700
2019$6,091$437,900
2018$6,026$437,900
2017$6,034$437,900

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-6457561
8
/10

  • Huckleberry Hill

  • 5 Knoll Rd

  • 0.51 miles

  • Public District Grades KG-4

school-card-donut-6457562
5
/10

  • John E. Mccarthy

  • 76 Lake St

  • 1.60 miles

  • Public District Grades PK-5

school-card-donut-6457563
8
/10

  • Summer Street

  • 262 Summer St

  • 1.63 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,292. Most Lynnfield, MA residents have annual incomes less than $35k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 981 Summer St

What is the listing price of this property?

The listing price of 981 Summer St property is $1,249,900.

What type of property is this?

The property 981 Summer St is a house located in Lynnfield, Massachusetts, 01940.

Is this property for sale now?

Active Listing: 981 Summer 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 $6,857 (source: MLS/based on county public records data).

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

The last sale was on August 18, 2021 for $570,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 981 Summer St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 981 Summer St is 3,343 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 981 Summer St is 1957.

Rocket Homes›Massachusetts›Essex County›Lynnfield›01940›981 Summer St

This home is located at 981 Summer St in Lynnfield, MA and zip code 01940. This 3,343 square foot home, which was built in 1957, sits on a 0.38 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,249,900.

While more than 2 listings in Lynnfield, MA in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Between March 2024 and April 2024, Lynnfield, MA real estate market has seen increase in the number of listings 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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