559 Summer St
Lynn, MA 01905
2 bd 1 ba 755 sqft Built 1920 Lot 31,799 sqft condos
Most recent sale
$385,000
Oct 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Sold | $385,000 | MLS #73030828 |
| Aug 31, 2022 | Listed | $385,000 | MLS #73030828 |
| Jan 19, 2021 | Sold | $335,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $404,000 | — | $404,000 | $4,185 |
| 2024 | $368,800 | — | $368,800 | $3,883 |
| 2023 | $335,800 | — | $335,800 | $3,744 |
| 2022 | $329,500 | — | $329,500 | $4,096 |
Property facts
Year built
1920
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
755 sqft
Lot size
31,799 sqft
ZIP code
01905
City
Lynn
Street
Summer St
Coordinates
42.45859, -70.97120
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,190
Gross rental yield
6.83%
Implied cap rate
4.44%
Trend-extrapolated value
—
Frequently asked questions
When did 559 Summer St last sell?
559 Summer St most recently sold on Oct 18, 2022 for $385,000.
What is the current tax assessment for 559 Summer St?
The most recent total assessment for 559 Summer St (year 2025) is $404,000 with $4,185 in property tax.
How does 559 Summer St's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $385,000.
When was 559 Summer St built?
559 Summer St was built in 1920.
How does 559 Summer St compare to others on Summer St?
We track 8 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 559 Summer St?
559 Summer St is a 2 bed, 1 bath, 755 sqft, 31,799 sqft lot condos.
Is 559 Summer St a flip candidate?
No — 559 Summer St does not appear in our flips dataset.
Is 559 Summer St a tax-appeal candidate?
No — 559 Summer St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.4%
2026 Q1
$511.7K
2026 Q2
$509.9K
ZIP 01905 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summer St