55 Salem St Lynnfield, MA 01940-2621
Property profile & analytics
55 Salem St, Lynnfield, MA 01940-2621
- Residential income homes
- 25,864 SF
- 3.07 lot acres
Property ID
US38-1507264
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 55 Salem St
- Year built
- 2004
- Construction
- FRAME
- Lot size
- 3.07 lot acres
- Zone code
- C
- Property type
- Residential income homes
- Property subtype
- Serviced apartments
- APN
- LYNF M:0054 B:0000 L:0356
- APU
- LYNFM0054B0000L0356
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 2, 2007 | — | Sunrise Lynnfield Lt SR. | — | Deed Of Trust · related | $78M · Prudential Insurance Co |
| Oct 1, 2004 | — | Sunrise Lynnfield Senior | — | Deed Of Trust · related | $13.9M · Wells Fargo Mortgage |
| Jun 28, 2004 | $1,075,000 | Sunrise Lynnfield Senior | 55 Salem St Lynnfield RT | Grant Deed | — |
| Aug 28, 1992 | — | 55 Salem St. Lynfld RT | — | Deed Of Trust · related | $325k · Kernwood At Lynnfield |
| Aug 26, 1992 | $625,000 | 55 Salem St. Lynf RT | Five Associates | Grant Deed | $325k · Zuckerman Family Nomi |
| Aug 26, 1992 | — | 55 Salem St. Lynf RT | — | Deed Of Trust · related | $250k · Zenon Grzybowski |
| Jul 20, 1992 | — | Lynnfield Assoc INC | — | Deed Of Trust · related | $300k · Shawmut Bank Of Boston |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,555,000
- 6.5%
- $6,050,000
- 7%
- $5,620,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,108,000
Market price range: $875k - $6.11M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $8,270,000 Current use
- RESTAURANT
- $8,925,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lynnfield
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.034
- Latitude
- 42.511
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$107,766
$6,320,000
$3,933,700
$10,253,700
-
$0.00
$0.00
$0.00
