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385 Essex St

Lynnfield, MA 01940

5 bd 4 ba 5,577 sqft Built 2007 Lot 108,900 sqft single_family
Most recent sale
$1,675,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $1,675,000 MLS #72920315
Sep 8, 2017 Sold $1,340,000 MLS #72143539
Apr 9, 2017 Listed $1,449,000 MLS #72143539
Jan 6, 2010 Sold $1,004,500 MLS #70982542
Sep 30, 2009 Listed $1,195,000 MLS #70982542
Sep 14, 2007 Sold $400,000 Public Record
Nov 17, 2006 Listing removed $500,000 MLSPIN
Apr 28, 2006 Listed $500,000 MLS #70376595
Apr 3, 2006 Listed $500,000 MLS #70359515

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,044,400 $699,300 $1,743,700 $18,413
2024 $1,012,000 $672,400 $1,684,400 $17,703
2023 $1,012,800 $638,400 $1,651,200 $18,659
2022 $875,400 $587,400 $1,462,800 $17,539
2021 $778,200 $451,400 $1,229,600 $16,317
2020 $783,200 $391,900 $1,175,100 $16,357
2019 $783,200 $374,900 $1,158,100 $16,109
2018 $636,900 $374,900 $1,011,800 $13,922
2017 $636,900 $374,900 $1,011,800 $13,943
2016 $603,800 $336,600 $940,400 $13,636
2015 $603,800 $336,600 $940,400 $13,626
2014 $547,200 $336,600 $883,800 $13,054
2006 $107,000 $317,500 $424,500 $4,228
2005 $107,000 $289,900 $396,900 $4,048
2004 $88,200 $244,500 $332,700 $4,042
2003 $88,200 $233,900 $322,100 $4,071

Property facts

Year built
2007
Property type
single_family
Stories
Beds
5
Baths
4
Living area
5,577 sqft
Lot size
108,900 sqft
ZIP code
01940
City
Lynnfield
Street
Essex St
Coordinates
42.53998, -71.02585

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$16,173
Gross rental yield
11.59%
Implied cap rate
7.53%
Trend-extrapolated value

Frequently asked questions

When did 385 Essex St last sell?
385 Essex St most recently sold on Apr 29, 2022 for $1,675,000.
What is the current tax assessment for 385 Essex St?
The most recent total assessment for 385 Essex St (year 2025) is $1,743,700 with $18,413 in property tax.
How does 385 Essex St's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $1,675,000.
When was 385 Essex St built?
385 Essex St was built in 2007.
How does 385 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 385 Essex St?
385 Essex St is a 5 bed, 4 bath, 5,577 sqft, 108,900 sqft lot single_family.
Is 385 Essex St a flip candidate?
No — 385 Essex St does not appear in our flips dataset.
Is 385 Essex St a tax-appeal candidate?
No — 385 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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