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71 Fernwood Ave

Lynn, MA 01904

3 bd 2 ba 1,392 sqft Built 1925 Lot 5,557 sqft single_family
Most recent sale
$500,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2023 Sold $585,000 MLSPIN
Nov 21, 2022 Relisted $589,900 MLSPIN
Nov 9, 2022 Listing removed $589,900 MLSPIN
Oct 30, 2022 Price changed $589,900 MLSPIN
Oct 19, 2022 Price changed $599,000 MLS #73032002
Oct 8, 2022 Relisted $599,900 MLS #73032002
Sep 4, 2022 Listed $599,900 MLS #73032002
Jul 1, 2022 Sold $500,000 MLS #72988887
Jun 3, 2022 Listed $477,500 MLS #72988887
Dec 20, 2017 Sold $355,000 MLS #72210004
Oct 22, 2017 Price changed $355,000 MLS #72210004
Oct 4, 2017 Price changed $369,900 MLS #72210004
Sep 25, 2017 Price changed $375,000 MLS #72210004
Sep 5, 2017 Price changed $389,000 MLS #72210004
Aug 7, 2017 Listed $399,000 MLS #72210004
Dec 31, 1998 Sold $142,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $373,700 $192,500 $566,200 $5,866
2024 $338,400 $187,100 $525,500 $5,534
2023 $293,200 $183,700 $476,900 $5,317
2022 $263,800 $167,600 $431,400 $5,362
2021 $233,300 $145,700 $379,000 $4,938
2020 $224,000 $136,000 $360,000 $4,824
2019 $209,400 $128,800 $338,200 $4,836
2018 $173,900 $132,600 $306,500 $4,643
2017 $165,700 $112,300 $278,000 $4,337
2016 $147,500 $100,900 $248,400 $4,019
2015 $135,100 $100,900 $236,000 $3,953
2014 $128,600 $93,900 $222,500 $3,811
2006 $145,500 $126,900 $272,400 $2,708
2005 $146,200 $111,000 $257,200 $2,618
2004 $125,000 $94,300 $219,300 $2,507
2003 $98,400 $85,000 $183,400 $2,423

Property facts

Year built
1925
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,392 sqft
Lot size
5,557 sqft
ZIP code
01904
City
Lynn
Street
Fernwood Ave
Coordinates
42.48453, -70.94505

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,037
Gross rental yield
9.69%
Implied cap rate
6.30%
Trend-extrapolated value

Frequently asked questions

When did 71 Fernwood Ave last sell?
71 Fernwood Ave most recently sold on Jul 1, 2022 for $500,000.
What is the current tax assessment for 71 Fernwood Ave?
The most recent total assessment for 71 Fernwood Ave (year 2025) is $566,200 with $5,866 in property tax.
How does 71 Fernwood Ave's assessment compare to its last sale price?
The current assessment is 13.2% above the last sale price of $500,000.
When was 71 Fernwood Ave built?
71 Fernwood Ave was built in 1925.
How does 71 Fernwood Ave compare to others on Fernwood Ave?
We track 8 other properties on Fernwood Ave. Browse the list under "Other properties on Fernwood Ave" to compare beds, baths, and sale history.
What are the property facts for 71 Fernwood Ave?
71 Fernwood Ave is a 3 bed, 2 bath, 1,392 sqft, 5,557 sqft lot single_family.
Is 71 Fernwood Ave a flip candidate?
No — 71 Fernwood Ave does not appear in our flips dataset.
Is 71 Fernwood Ave a tax-appeal candidate?
No — 71 Fernwood Ave 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
+2.4%
Implied 1-yr
+9.7%
2026 Q2
$583.9K
2026 Q3
$596.1K
ZIP 01904 — Median Price History + Forecast

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