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342 Essex St

Lynnfield, MA 01940

5 bd 5 ba 3,333 sqft Built 2012 Lot 91,912 sqft single_family
Most recent sale
$1,500,000
Apr 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2022 Sold $1,500,000 MLS #72948090
Mar 2, 2022 Listed $1,250,000 MLS #72948090

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $839,600 $650,900 $1,490,500 $15,740
2024 $809,000 $625,800 $1,434,800 $15,080
2023 $594,300 $594,200 $1,188,500 $13,430
2022 $509,300 $546,800 $1,056,100 $12,663
2021 $490,500 $420,500 $911,000 $12,089
2020 $493,500 $365,200 $858,700 $11,953
2019 $493,500 $349,400 $842,900 $11,725
2018 $493,500 $349,400 $842,900 $11,598
2017 $493,500 $349,400 $842,900 $11,615
2016 $462,900 $313,800 $776,700 $11,262
2015 $462,900 $313,800 $776,700 $11,254
2014 $415,800 $313,800 $729,600 $10,776

Property facts

Year built
2012
Property type
single_family
Stories
Beds
5
Baths
5
Living area
3,333 sqft
Lot size
91,912 sqft
ZIP code
01940
City
Lynnfield
Street
Essex St
Coordinates
42.54147, -71.02983

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,666
Gross rental yield
7.73%
Implied cap rate
5.03%
Trend-extrapolated value

Frequently asked questions

When did 342 Essex St last sell?
342 Essex St most recently sold on Apr 5, 2022 for $1,500,000.
What is the current tax assessment for 342 Essex St?
The most recent total assessment for 342 Essex St (year 2025) is $1,490,500 with $15,740 in property tax.
How does 342 Essex St's assessment compare to its last sale price?
The current assessment is 0.6% below the last sale price of $1,500,000.
When was 342 Essex St built?
342 Essex St was built in 2012.
How does 342 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 342 Essex St?
342 Essex St is a 5 bed, 5 bath, 3,333 sqft, 91,912 sqft lot single_family.
Is 342 Essex St a flip candidate?
No — 342 Essex St does not appear in our flips dataset.
Is 342 Essex St a tax-appeal candidate?
No — 342 Essex 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
+2.2%
Implied 1-yr
+9.0%
2024 Q4
$1.1M
2025 Q1
$1.12M
ZIP 01940 — Median Price History + Forecast

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