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56 Basset St

Lynn, MA 01902

5 bd 3 ba 3,165 sqft Built 1900 Lot 6,892 sqft single_family
Most recent sale
$835,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $835,000 MLS #72956783
Mar 23, 2022 Listed $829,000 MLS #72956783
Oct 4, 2017 Sold $549,900 MLS #72160749
Sep 6, 2017 Relisted $549,900 MLS #72160749
Jun 13, 2017 Listing removed $549,900 MLSPIN
May 8, 2017 Listed $549,900 MLS #72160749
May 28, 1992 Sold $187,500 Public Record
Oct 19, 1989 Sold $215,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $597,000 $230,100 $827,100 $8,569
2024 $540,700 $243,900 $784,600 $8,262
2023 $478,300 $226,000 $704,300 $7,853
2022 $405,800 $179,800 $585,600 $7,279
2021 $358,300 $176,600 $534,900 $6,970
2020 $343,800 $158,200 $502,000 $6,727
2019 $321,000 $153,600 $474,600 $6,787
2018 $265,100 $143,400 $408,500 $6,189
2017 $252,000 $136,500 $388,500 $6,061
2016 $237,900 $133,700 $371,600 $6,012
2015 $217,200 $138,300 $355,500 $5,955
2014 $205,800 $131,100 $336,900 $5,771
2006 $233,600 $137,000 $370,600 $3,684
2005 $244,400 $119,600 $364,000 $3,706
2004 $225,700 $122,400 $348,100 $3,979
2003 $187,500 $98,700 $286,200 $3,781

Property facts

Year built
1900
Property type
single_family
Stories
Beds
5
Baths
3
Living area
3,165 sqft
Lot size
6,892 sqft
ZIP code
01902
City
Lynn
Street
Basset St
Coordinates
42.46500, -70.92825

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,179
Gross rental yield
13.19%
Implied cap rate
8.57%
Trend-extrapolated value

Frequently asked questions

When did 56 Basset St last sell?
56 Basset St most recently sold on Apr 28, 2022 for $835,000.
What is the current tax assessment for 56 Basset St?
The most recent total assessment for 56 Basset St (year 2025) is $827,100 with $8,569 in property tax.
How does 56 Basset St's assessment compare to its last sale price?
The current assessment is 0.9% below the last sale price of $835,000.
When was 56 Basset St built?
56 Basset St was built in 1900.
How does 56 Basset St compare to others on Basset St?
We track 4 other properties on Basset St. Browse the list under "Other properties on Basset St" to compare beds, baths, and sale history.
What are the property facts for 56 Basset St?
56 Basset St is a 5 bed, 3 bath, 3,165 sqft, 6,892 sqft lot single_family.
Is 56 Basset St a flip candidate?
No — 56 Basset St does not appear in our flips dataset.
Is 56 Basset St a tax-appeal candidate?
No — 56 Basset St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-7.3%
Implied 1-yr
-29.1%
2026 Q1
$258.1K
2026 Q2
$222.5K
ZIP 01902 — Median Price History + Forecast

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