240 Essex St
Lynnfield, MA 01940
3 bd 3 ba 2,083 sqft Built 1958 Lot 30,928 sqft single_family
Most recent sale
$680,000
Dec 10, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 10, 2021 | Sold | $680,000 | MLS #72896478 |
| Sep 29, 2021 | Price changed | $699,000 | MLS #72896478 |
| Sep 16, 2021 | Listed | $709,900 | MLS #72896478 |
| Jan 30, 1997 | Sold | $246,000 | Public Record |
| Nov 16, 1992 | Sold | $179,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $257,200 | $605,000 | $862,200 | $9,105 |
| 2024 | $247,800 | $581,700 | $829,500 | $8,718 |
| 2023 | $228,500 | $551,700 | $780,200 | $8,816 |
| 2022 | $193,100 | $506,700 | $699,800 | $8,391 |
| 2021 | $184,600 | $386,600 | $571,200 | $7,580 |
| 2020 | $184,700 | $334,100 | $518,800 | $7,222 |
| 2019 | $184,700 | $319,100 | $503,800 | $7,008 |
| 2018 | $175,600 | $319,100 | $494,700 | $6,807 |
| 2017 | $175,600 | $319,100 | $494,700 | $6,817 |
| 2016 | $165,100 | $285,300 | $450,400 | $6,531 |
| 2015 | $157,900 | $285,300 | $443,200 | $6,422 |
| 2014 | $137,900 | $285,300 | $423,200 | $6,251 |
| 2006 | $179,300 | $268,400 | $447,700 | $4,459 |
| 2005 | $179,300 | $244,100 | $423,400 | $4,319 |
| 2004 | $149,500 | $199,600 | $349,100 | $4,242 |
| 2003 | $149,500 | $190,800 | $340,300 | $4,301 |
Property facts
Year built
1958
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,083 sqft
Lot size
30,928 sqft
ZIP code
01940
City
Lynnfield
Street
Essex St
Coordinates
42.54047, -71.03301
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,041
Gross rental yield
10.66%
Implied cap rate
6.93%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Essex St last sell?
240 Essex St most recently sold on Dec 10, 2021 for $680,000.
What is the current tax assessment for 240 Essex St?
The most recent total assessment for 240 Essex St (year 2025) is $862,200 with $9,105 in property tax.
How does 240 Essex St's assessment compare to its last sale price?
The current assessment is 26.8% above the last sale price of $680,000.
When was 240 Essex St built?
240 Essex St was built in 1958.
How does 240 Essex St compare to others on Essex St?
We track 8 other properties on Essex St. Browse the list under "Other properties on Essex St" to compare beds, baths, and sale history.
What are the property facts for 240 Essex St?
240 Essex St is a 3 bed, 3 bath, 2,083 sqft, 30,928 sqft lot single_family.
Is 240 Essex St a flip candidate?
No — 240 Essex St does not appear in our flips dataset.
Is 240 Essex St a tax-appeal candidate?
Yes — 240 Essex St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+9.0%
2024 Q4
$1.1M
2025 Q1
$1.12M
ZIP 01940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Essex St