40 Stonewood Lane

House in Lynn
Off Market

40 Stonewood Lane, Lynn, MA 01904

$599,900
 for Sale at 40 Stonewood Lane, Lynn, MA 01904
Sold on May 31, 2023

42

 for Sale at 40 Stonewood Lane, Lynn, MA 01904
 for Sale at 40 Stonewood Lane, Lynn, MA 01904
 for Sale at 40 Stonewood Lane, Lynn, MA 01904
$599,900
3
Beds
2
Baths
1
Half Bath
Ft²
$/ft²
0.26
Acres
Cap Rate
Est. Monthly
Cap Rate
4.76%
Est. Monthly
$3,467
Goodwin Circle area is this 3 Bedrm 1.5 bath spacious Ranch located on quiet side street in Ward 1 neighborhood.   Property features remodeled kitchen & baths,  refinished hardwood floors, living room with fireplace and sunny bay window, Dining room with built-in china cabinet and beautiful natural woodwork.  The lower level offers a huge carpeted entertainment room/playroom with bar, cedar closet, laundry room, storage area & workshop.  Enjoy the sun filled enclosed porch off the kitchen overlooking meticulously landscaped tree-shaded and fenced-in yard.  Other special amenities include  central Air Conditioning, security system, 1 car oversized detached garage, extra large storage shed and oversized paved driveway.  Great location convenient to school, park...

LISTING AGENTS

Antonia BaerColdwell Banker Realty - Beverly
Beverly PopielskiJ. Barrett & Company

Building Info

Overview

This property was built in 1956.

General

  • Year Built

    1956
  • Actual Year Built

    1972
  • Building Count

    1
  • Total Rooms

    5.00
  • Bedroom Count

    3
  • Bathroom Count

    2.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    1.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    3
  • Building Quality

    0
  • Construction Type

    6
  • Building Style

    11
  • Exterior Walls Type

    18
  • Interior Walls Type

    0
  • Roof Shape Type

    8
  • Roof Cover Type

    15
  • Floor Count

    1
  • Living Units

    1.00
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    0
  • Basement Type

    9
  • Basement Area

    1,221
  • Garage Type

    0
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    0
  • Porch Type

    0
  • Pool Type

    0

Dimensions

  • Lot Size Square Feet

    11,147
  • Lot Size Depth Feet

    0
  • Total Building Area

    1,221
  • Gross Building Area

    2,575
  • Building Area

    1,221
  • Building Area Source

    L

Heating

  • Fireplace Count

    1.00
  • Air Conditioning Type

    13
  • Heat Code

    10
  • Heated Square Feet

    1,221
  • Heating Fuel Type

    6

Codes

  • Sewer System

    0
  • Water Service Type

    0

Building

Building codes and types
  • Building Type

    0
  • Property Class ID

    R
  • Subdivision

    T COPELAND
  • Land Acres

    0.256
  • Standard Land Use Code

    1001
  • County Land Use Code

    101

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Lynn School District
  • School Tax School District

    LYNN SD
  • Census Tract

    205400

Zoning

The zoning code for this property is R1.
  • Zoning

    R1

Geography

The property is located in zip code 01904.
  • Parcel

    LYNN M:064 B:002 L:047
  • Block

    2
  • Lot

    47
  • Municipality

    LYNN
  • Latitude

    42.5062
  • Longitude

    -70.9863

Address

  • Full Address

    40 Stonewood Ln
  • Address - House Number

    40
  • Address - Street Name

    Stonewood
  • Address - Suffix Type

    Ln
  • State

    MA
  • City Name

    Lynn
  • Carrier Code

    C044
  • 4-Digit Zip Code

    1052
  • Zip Code

    01904

Valuation

The assessed value of this property is $422,300.
  • Timestamp

    Jan 26, 2022
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2022
  • Tax Amount

    $5,610

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $251,600

Market Valuation

  • Market Total Value

    $0
  • Market Land Value

    $0
  • Market Improvement Value

    $0

Appraisal Valuation

  • Valuation Date

    Jan 19, 2022
  • Confidence Score

    80
  • Final Value

    558,174
  • High Value

    645,590
  • Low Value

    470,758

Assessments Valuation

  • Assessed Year

    2021
  • Assessed Total Value

    $422,300
  • Assessed Land Value

    $162,800
  • Assessed Improvements Value

    $259,500

Sales

  • Current Sale Recording Date

    20130829
  • Current Sale Transaction ID

    1183400471
  • Current Sales Price

    $314,500
  • Current Sale Document Type

    O
  • Current Sale Input Book

    32783
  • Current Sale Input Page

    1
  • Sale Date

    20111216
  • Previous Sale Type of Sales Price

    11
  • Previous Sale Document Type

    27

Mortgages

  • First Current Mortgage Lender

    EASTERN BANK
  • First Current Mortgage Transaction Date

    20130829
  • First Current Mortgage Financing Type

    ADJ
  • First Current Mortgage Loan Amount

    $251,600
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    3
  • First Current Mortgage Loan Due Date

    20430829
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    EASTERN BANK
  • First Open Lien Mortgage Recording Date

    20130829
  • First Open Lien Mortgage Financing Type

    ADJ
  • First Open Lien Mortgage Loan Amount

    $251,600
  • First Open Lien Mortgage Term

    360
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    3
  • First Open Lien Mortgage Loan Due Date

    20430829
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Lender

    METLIFE HOME LOANS
  • Previous Mortgage Transaction Date

    20111216
  • Previous Mortgage Loan Amount

    $191,500
  • Previous Mortgage Term

    371
  • Previous Mortgage Loan Due Date

    20421201

Building Features

Parking

Detached GarageOff Street ParkingGarage Door OpenerOversized ParkingPaved Parking

Facilities

Storage Available

Driveway

Paved Driveway

Outdoor Space

Enclosed Porch

Community Features

Facilities

Golf Course

Home Features

Laundry

Washer HookupWasher / Dryer in UnitWasher in UnitDryer in Unit

HVAC

Central A/CBaseboard HeatOil Heating

Home Systems

Security System

Appliances

RangeDishwasherGarbage DisposalMicrowaveRefrigerator

Ownership

Current Owner

Federico Kathryn D

Current Owner 2

Federico Frank J

Previous Owner

Winchell Kathleen R

Previous Owner 2

Winchell Gary

Price History

Date/EventEventPrice
May 31, 2023 SoldSold$620,000
Apr 4, 2023 In contractIn contract-
Mar 27, 2023 Listed by J. Barrett & CompanyListed by J. Barrett & Company$599,900
Aug 28, 2013 SoldSold$314,500
Jul 1, 2013 Listed by J. Barrett & CompanyListed by J. Barrett & Company$314,500
Dec 27, 1994 SoldSold$144,000
Dec 19, 1994 Listed by A. James Lynch, Inc.Listed by A. James Lynch, Inc.$152,500

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$34,800
ExpensesPer Year
$6,252
Operating ProfitPer Year
$28,548
Cap rate
4.76%

Price Estimate

$694,000$605,899$517,798
20232024202520262027
Current Asking Price

$599,900

HopScore Market Price

$605,899

The current asking price is $5,999 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
House
4
3
-
$490,000
$527.25/mo
Sold
House
4
3
-
$520,000
$532.08/mo
In Contract
House
3
2
-
$499,900
$462.25/mo

Payment Calculator



Neighborhood

About Lynn

Stats & Trends

The median asking price in Lynn is $499,900.
  • Median Asking

    $499,900
  • Sale Price/ft²

    $330.49
  • Below Asking

    0.01%
  • Days on Market

    54

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Unit for rent at 28 Lynnfield #2, Lynn, Ma, 01904

$2,500/mo

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  • 1 Bath
  • 1,100 ft²
28 Lynnfield #2, Lynn, Ma, 01904Listing by Herman Davis


40 Stonewood Lane in Lynn, MA was first built in 1956 and is 67 years old. Although, the building on the property was most recently renovated and altered in 1972. This has been categorized as a unknown property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 40 Stonewood Lane has 1,221 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...

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