See Home Value
$500,000
● House - Off Market

12 Lothrop St

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,268 Ft²
$476,123
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Historic Iron Works Location!!! Wonderful single family featuring 6rms, 2 bedrms, 1 full bath, eat in kitchen & large encl. heated sunroom all offering a versatile floor plan. This home is situated on a beautiful, oversized & private lot boasting 16,000+ sf of land. The possibilities for expansion are endless and include utilizing the full basement or adding on/or up for additional living space. Updated utilities, 2 car garage, large driveway & more!
Unit Size
1,268 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$378
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1895

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MLSPIN #73154051)

Price History

Date / Event Date Event Price
Dec 9, 2025 Sold
Sold
Nov 5, 2025 In contract -
In contract
Oct 29, 2025 Price Decreased $589,000
↓ $51K (8%)
Price Decreased
Oct 9, 2025 Price Decreased $639,900
↓ $80K (11.1%)
Price Decreased
Sep 25, 2025 Listed by eXp Realty $720,000
Listed by eXp Realty
Don’t miss this rare Saugus gem with 16,200 SqFt lot — full of potential and endless possibilities! This property features a fully renovated kitchen and two laundry areas, with all updates completed with permits. Enjoy peace of mind with brand-new electrical and plumbing systems.The large side yard offers plenty of space to expand the home or possibly build an additional unit (buyers to do due diligence). Oversized 2-car garage. Located just minutes from the historic Saugus Iron Works, police and fire departments, gas station, Dunkin’, pizza and ice cream shops, and local restaurants — this property is close to everything! Perfect for investors or families seeking a flexible, multi-use home with strong appreciation potential. Prime Location – High Demand Area. No street parking permit required.
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,268
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,200
  • Total Building Area: 1,268
  • Gross Building Area: 2,632
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000372
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Saugus School District
  • School Tax School District: SAUGUS SD
  • Census Tract: 208302

Zoning

  • Zoning: NA

Geography

  • Account Number: 510024
  • Parcel: SAUG M:010-F B:0004 L:0001
  • Block: 4
  • Lot: 1
  • Municipality: SAUGUS
  • Latitude: 42.4687
  • Longitude: -71.0057

    Address

  • Full Address: 12 Lothrop St
  • Address - House Number: 12
  • Address - Street Name: Lothrop
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 2212
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $550,300

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 543,871
  • High Value: 670,738
  • Low Value: 417,004

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,700
  • Assessed Land Value: $346,300
  • Assessed Improvements Value: $170,400

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20231025002920
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynnhurst


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 12 Lothrop Street built and last sold?
The property at 12 Lothrop Street was built in 1895 and last sold on Oct 25, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 12 Lothrop Street is $586,090.
What are some comparable homes to 12 Lothrop Street?
There are currently no comparable homes to 12 Lothrop Street.