See Home Value
$1,200,000
● House - Off Market

16 Fernway

Lynnfield, MA 01940
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,387 Ft²
$6,763
Est. Monthly

About This Property

Exceptional and rare opportunity in one of Lynnfield's most desirable neighborhoods. This 4-BR/3BA Colonial offers over 3,300 sq ft, combining classic design with extensive recent improvements that enhance comfort & long-term value. The home features multiple living areas, sunlight-filled rooms, an updated kitchen with granite countertops/stainless steel appliances & a sun-drenched solarium overlooking a private backyard. Recent upgrades-including high-efficiency mini-split systems, electrical improvements, insulation, and interior paint throughout 1st & 2nd floors provide a level of investment rarely found at this price point. The lower-level recreation room is currently unfinished, offering excellent potential for future living space and square footage expansion. Ideally located near MarketStreet Lynnfield, parks, major commuter routes 128/93 & access to Lynnfield public schools. Open Houses Fri 5/1 5-6:30PM, Sat 5/2 12-1:30 & Sun 5/3 12-1:30 or Private Showings by appointment.
Unit Size
3,387 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$354
Property Type
House
Property Taxes
$871
HOA Dues
-
Year Built
1963

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (MLSPIN #73509078)

Price History

Date / Event Date Event Price
Jun 11, 2026 Sold
Sold
May 5, 2026 In contract -
In contract
Apr 29, 2026 Listed by Citylight Homes LLC $1,200,000
Listed by Citylight Homes LLC
Nov 1, 2024 Sold
Sold
Oct 1, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,935
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 3,387
  • Gross Building Area: 4,320
  • Building Area: 3,387
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,387
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: RA

Geography

  • District: 164
  • Parcel: LYNF M:0045 B:0000 L:1952
  • Lot: 1952
  • Municipality: LYNNFIELD
  • Latitude: 42.5188
  • Longitude: -71.0294

    Address

  • Full Address: 16 Fernway
  • Address - House Number: 16
  • Address - Street Name: Fernway
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2114
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,000,000

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,128,368
  • High Value: 1,306,599
  • Low Value: 950,138

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $951,500
  • Assessed Land Value: $542,400
  • Assessed Improvements Value: $409,100
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 Lynnfield


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 16 Fernway built and last sold?
The property at 16 Fernway was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Fernway is $1,221,806.
What are some comparable homes to 16 Fernway?
There are currently no comparable homes to 16 Fernway.