Check Availability

11 Magnolia Drive

11 Magnolia Drive, Lynnfield, MA 01940
Property in Lynnfield
Sold Sep 12, 1996
$542,000
11 Magnolia Drive in Lynnfield, MA was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 11 Magnolia Drive has 8,662 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 7,701 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 37,200 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a unknown on the property. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11 Magnolia Drive sold most recently in Jan 1, 1970 for a total of $542,000. If you work out the math, that's approximately a cost of $62.57 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,077 in taxes each year. 11 Magnolia Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,720,000. If we break it down further, the land itself was valued at $656,000. Improvements to the property, however, were assessed at a total of $1,064,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Condition

Wooded Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 7,701
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,200
  • Total Building Area: 8,662
  • Gross Building Area: 14,100
  • Building Area: 8,662
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 8,662
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.854
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CRAFFEY MICHAEL J
  • Current Owner 2: CRAFFEY SHEILA
  • Previous Owner : PARK D BRADFORD
  • Previous Owner 2: PARK GERALDINE S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lynnfield School District
  • School Tax School District: LYNNFIELD SD
  • Census Tract: 209100

Zoning

  • Zoning: RC

Geography

  • District: 164
  • Parcel: LYNF M:0036 B:0000 L:1831
  • Lot: 1831
  • Municipality: LYNNFIELD
  • Latitude: 42.5305
  • Longitude: -71.0177

    Address

  • Full Address: 11 Magnolia Dr
  • Address - House Number: 11
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 1309
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $18,077

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 1,910,477
  • High Value: 2,203,052
  • Low Value: 1,617,903

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,720,000
  • Assessed Land Value: $656,000
  • Assessed Improvements Value: $1,064,000

    Sales

  • Current Sale Recording Date: Sep 12, 1996
  • Current Sale Transaction ID: 1085038387
  • Current Sale Price: $542,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOSTON SAFE DEP TR CO
  • First Mortgage Transaction Date: Sep 12, 1996
  • First Mortgage Loan Amount: $433,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lynnfield



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 11 Magnolia Drive located in?
The 11 Magnolia Drive is a located in the neighborhood of Lynnfield in Lynnfield, Lynnfield.
What is the average sales price for listings in 11 Magnolia Drive?
The average sales price for units in 11 Magnolia Drive is $0 currently.

Quantcast