See Home Value
Lynnfield 01940
7 Edward Ave
$605,000
● House - Off Market

7 Edward Ave

Lynnfield, MA 01940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$536,649
RealtyHop Estimate
7.39%
Since Feb 1, 2023
MA-Boston
Primary Model

About This Property

Now is your chance to break into the Lynnfield market and build some sweat equity!  This adorable ranch is located in a sought after commuter friendly location and has been owned by the same family for nearly 50 years.  The time has come for someone else to roll up their sleeves, bring their decorating ideas and make this gem shine.  Featuring 3 bedrooms 2 full baths, sliders to a deck with a nice level yard.  This home will not last!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$325
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1947

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Last updated: 5 months ago (MLSPIN #73060942)

Price History

Date / Event Date Event Price
Aug 20, 2025 Sold
Sold
Jul 13, 2025 Temporarily off market -
Temporarily off market
Apr 28, 2025 Price Decreased $2,175,000
↓ $60K (2.7%)
Price Decreased
Mar 11, 2025 Listed by Douglas Elliman Real Estate - The Sarkis Team $2,235,000
Listed by Douglas Elliman Real Estate - The Sarkis Team
Welcome to 7 Edward Ave, a modern farmhouse that combines thoughtful design with luxurious comfort. The striking white exterior with bold black window accents and sleek metal roofing offers incredible curb appeal. Inside, the cozy living room centers around a fireplace with a custom mantel. The chef’s kitchen features quartz countertops, custom cabinetry, and premium appliances. The second floor boasts a grand landing with custom millwork and a sunlit sitting area — perfect for a reading nook, play space, or additional lounge area. The primary suite offers a spa-inspired bath with a soaking tub and glass shower. Additional highlights include a dedicated home office, a stylish powder room, and a finished basement ideal for a media room, gym, or playroom. A spacious mudroom with built-ins and an oversized two-car garage provide added convenience. Thoughtfully designed with high-end finishes and modern touches throughout, this home offers comfort, style, and functionality.
Mar 5, 2025 Temporarily off market -
Temporarily off market
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Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,536
  • Gross Building Area: 2,522
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 209200

Zoning

  • Zoning: RB

Geography

  • District: 164
  • Parcel: LYNF M:0032 B:0000 L:2722
  • Lot: 2722
  • Municipality: LYNNFIELD
  • Latitude: 42.5291
  • Longitude: -71.0664

    Address

  • Full Address: 7 Edward Ave
  • Address - House Number: 7
  • Address - Street Name: Edward
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynnfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2504
  • Zip Code: 01940

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,900

    Appraisal Valuation

  • Standard Deviation: 0.1484
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 771,979
  • High Value: 886,547
  • Low Value: 657,412

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $729,700
  • Assessed Land Value: $519,100
  • Assessed Improvements Value: $210,600

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 30, 2023
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230130000430

    Financing

  • First Mortgage Financing Type: ADJ
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

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Nearby Rentals

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, Wakefield, MA, 01880 Listing by Equity Residential


Frequently Asked Questions

When was property at 7 Edward Avenue built and last sold?
The property at 7 Edward Avenue was built in 1947 and last sold on Jan 27, 2023 for $605,000.
How much is this home worth?
The estimated value of the home located at 7 Edward Avenue is $2,174,831.
What are some comparable homes to 7 Edward Avenue?
There are currently no comparable homes to 7 Edward Avenue.