Off market

Zestimate^®

$577,300

40 Michigan Ave, Lynn, MA 01902

3beds

1,256sqft

SingleFamily

Built in 1950

3,049 Square Feet Lot

$577,300 Zestimate^®

$460/sqft

$3,682 Estimated rent

Home value

$577,300

$543,000 - $612,000

$3,682/mo

Zestimate^® history

Owner options

List your home for rent

$3,682/mo

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$3,682/mo

Rent Zestimate^®

Refinance and save

$3,602/mo

Est. payment

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$3,602/mo

Est. payment

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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 not currently displayed as for sale or rent on Zillow. This may be different from what's 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 Square Feet

Details

Parcel number: LYNNM103B546L015

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Roof: Asphalt

Condition

Year built: 1950

Community & HOA

Location

Region: Lynn

Financial & listing details

Price per square foot: $460/sqft
Tax assessed value: $541,000
Annual tax amount: $5,605

Price history

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

Public tax history

Year	Property taxes	Tax 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