See Home Value
Lynnfield 01940
lot 4 Vallis Way
$1,299,000
Land - Off Market

lot 4 Vallis Way

Lynnfield, MA 01940
bedrooms
Studio
bathrooms
0 Bath
$6,379
Estimated Monthly
$0
HOA / Fees

About This Property

With only two lots available, this is a unique chance to build a dream home on level ground & free of wetlands, which is indeed a rarity. The ongoing street installation, set to complete about April 2024, adds to the readiness of the site. It's important to note that the price mentioned is for the land only.  This gorgeous subdivision, encompassing a scenic 8-acre area, will eventually house just four homes, making it a private and desirable location. The options for building are flexible, with one lot offering the choice of using an independent builder or not, while the other lot is set for a spec home which the developer expects to have ready near the end of 2024. Prospective buyers or visitors should remember to coordinate with the listing agent before walking or driving on the property, respecting the ongoing construction and paving work. The zoning allowing 4 bedroom homes plus offices is suitable for 3500-7000 sq ft homes. Youtube drone video available
Unit Size
-
Days on Market
-
Land Size
0.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1990
Last updated: 2 months ago (MLSPIN #73073588)

Price History

Date / Event Date Event Price
Jan 25, 2023 Listed by Coldwell Banker Realty - Lynnfield $1,299,000
Listed by Coldwell Banker Realty - Lynnfield
Jul 30, 1997 Sold $367,500
Sold
May 8, 1997 Listed $375,900
Listed
EXQUISITE 6YR.OLD CUSTOM SPLIT W/GORGEOUS IN-LAW.MAPLE CAB. KIT.W/ISLAND.VAULTED CEILINGS IN LIV.RM.& MSTR.BDRM.C/AIR & VAC.,ELECTRONIC AIR CLEANER.I/G POOL.EXECUTIVE NEIGHBORHOOD NESTLED IN PRIVATE SETTING ON A 4 HOME CUL.DE.SAC.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,112
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,199
  • Total Building Area: 2,958
  • Gross Building Area: 4,150
  • Building Area: 2,958
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,958
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALL WAY LYNNFIELD
  • Land Acres: 0.464
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PRUE WILLIAM E
  • Current Owner 2: PRUE COLLEEN F
  • Previous Owner : WHITEHURST KIM D
  • Previous Owner 2: WHITEHURST ROBERT L

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:0053 B:0000 L:1554
  • Lot: 1554
  • Municipality: LYNNFIELD
  • Latitude: 42.5131
  • Longitude: -70.9981

    Address

  • Full Address: 4 Fall Way
  • Address - House Number: 4
  • Address - Street Name: Fall
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1585
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,262

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,102,410
  • High Value: 1,288,745
  • Low Value: 916,076

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $965,000
  • First Open Lien Mortgage Lender: TOTAL MORTGAGE SERVICES LLC
  • First Open Lien Mortgage Recording Date: Sep 25, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Aug 16, 2018
  • Second Open Lien Mortgage Loan Amount: $455,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $976,400
  • Assessed Land Value: $456,100
  • Assessed Improvements Value: $520,300

    Sales

  • Current Sale Recording Date: Jul 30, 1997
  • Current Sale Transaction ID: 1183395392
  • Current Sale Price: $367,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARLSON MTG SVC
  • First Mortgage Transaction Date: Jul 30, 1997
  • First Mortgage Loan Amount: $214,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$1,300,000 Oct 12, 2022
$1,300,000 Jan 6, 2023
$777/mo

About Lynnfield


Similar Homes for Sale


Nearby Rentals



Frequently Asked Questions

When was property at 4 Fall Way built and last sold?
The property at 4 Fall Way was built in 1990 and last sold on Jan 1, 1970 for $367,500.
How much is this home worth?
The estimated value of the home located at 4 Fall Way is $1,311,990.
What are some comparable homes to 4 Fall Way?
Homes that are comparable to 4 Fall Way include a house property at 49 Lynnbrook Road, located in Lynnfield, MA.

Quantcast