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Off market
  • $586,800

    40 Michigan Ave, Lynn, MA 01902

    3beds
    1,256sqft
    SingleFamily
    Built in 1950
    3,049 Square Feet Lot
    $586,800 Zestimate®
    $467/sqft
    $3,342 Estimated rent

    Home value

    $586,800

    $552,000 - $622,000

    $3,342/mo

    Zestimate® history
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    Owner options

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    $3,342/mo

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    $3,342/mo

    Rent Zestimate®

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    $3,629/mo

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    $3,629/mo

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    What's special

    Diamond District Setting!! Enlarged cape with so many possibilities! This is the project you were waiting for just in time for the spring market. Flexible layout with two full bathrooms and dormered rooms. Up and coming Lynn is home to many wonderful restaurants, cafes and development in the city center. Convenient to commuter rail station and adjacent to the beach. Borrowers who need a business purpose mortgage for bridge financing or to purchase a rental property may contact Constructive Loans LLC, an affiliate of Fay Servicing, SEE AGENT REMARKS. Buyers are not required to obtain a loan from Constructive Loans, LLC to buy the property.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,256 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: LYNNM103B546L015

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Lynn

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Public School, Park
    • Beach Description: Ocean, Walk To
    • Beach Ownership: Public
    • Beachfront Flag: Yes
    • Construction: Frame
    • Roof Material: Asphalt/Fiberglass Shingles
    • Year Round: Yes
    • Hot Water: Natural Gas, Tank
    • Utility Connections: For Gas Range
    • Beach Miles To: 1/10 To 3/10
    • Exterior: Vinyl
    • Bed2 Level: Second Floor
    • Bed3 Level: Second Floor
    • Bth1 Level: First Floor
    • Kit Level: First Floor
    • Heating: Gas, Forced Air
    • Din Level: First Floor
    • Mbr Level: First Floor
    • Bth2 Level: Second Floor
    • Style: Bungalow
    • Basement Feature: Full, Unfinished Basement
    • Lead Paint: Unknown
    • Lot Description: Corner
    • Road Type: Public
    • Liv Level: First Floor
    • Sf Type: Detached
    • Foundation: Other (see Remarks)

    Price history

    DateEventPrice
    2/28/2019Sold$227,000+8.1%$181/sqft
    Source: Public Record Report a problem
    1/25/2019Pending sale$209,900$167/sqft
    Source: United Brokers #72442344 Report a problem
    1/17/2019Listed for sale$209,900-14.5%$167/sqft
    Source: United Brokers #72442344 Report a problem
    7/9/2018Sold$245,472+86.1%$195/sqft
    Source: Public Record Report a problem
    5/10/2007Sold$131,900$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,605 +5.2%$541,000 +6.9%
    2024$5,330 +1.7%$506,200 +7.7%
    2023$5,241 $470,000
    2022$5,241 +14.6%$470,000 +33.9%
    2021$4,574 +1.4%$351,000 +4.2%
    2020$4,512 +0.6%$336,700 +7.4%
    2019$4,483 +8.9%$313,500 +15.4%
    2018$4,116 +9.8%$271,700 +13%
    2017$3,750 +0.1%$240,400 +3.8%
    2016$3,746 -2.3%$231,500 +1.1%
    2015$3,836 +6.2%$229,000 +8.6%
    2014$3,611 +6.3%$210,800 +5%
    2013$3,398 -1.2%$200,700 -5%
    2012$3,440 -2.6%$211,300 -2.9%
    2011$3,531 +7%$217,700 +2.4%
    2010$3,300 +11.1%$212,500 -8.8%
    2009$2,970 +2.2%$233,100 -11.9%
    2008$2,905 +3.2%$264,600 -2.3%
    2007$2,816 +7.4%$270,800 +2.7%
    2006$2,622 -0.9%$263,800 +1.5%
    2005$2,647 +0.5%$260,000 +12.8%
    2004$2,633 -3.5%$230,400 +11.6%
    2003$2,728 +1.2%$206,500 +26.1%
    2001$2,696 +22.5%$163,800 +32%
    1999$2,200 +54.3%$124,100 +45.8%
    1995$1,426 $85,100

    Find assessor info on the county website

    Neighborhood: 01902

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ingalls
    • Middle: Marshall middle
    • High: English High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $586,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $586,800