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38 Grey Ln

Lynnfield, MA 01940

4 bd 4 ba 3,906 sqft Built 1971 Lot 42,253 sqft single_family
Most recent sale
$1,380,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $1,380,000 MLS #72976660
May 5, 2022 Listed $1,249,000 MLS #72976660
Dec 13, 2006 Sold $930,000 MLS #70461170
Sep 18, 2006 Listed $975,000 MLS #70461170
Apr 17, 1987 Sold $436,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $487,100 $766,400 $1,253,500 $13,237
2024 $473,500 $744,100 $1,217,600 $12,797
2023 $429,800 $659,100 $1,088,900 $12,305
2022 $370,700 $616,600 $987,300 $11,838
2021 $350,100 $510,400 $860,500 $11,419
2020 $352,400 $463,700 $816,100 $11,360
2019 $352,400 $436,000 $788,400 $10,967
2018 $352,400 $436,000 $788,400 $10,848
2017 $352,400 $436,000 $788,400 $10,864
2016 $358,400 $436,000 $794,400 $11,519
2015 $358,400 $392,300 $750,700 $10,878
2014 $309,200 $392,300 $701,500 $10,361
2006 $361,100 $402,000 $763,100 $7,600
2005 $361,100 $402,000 $763,100 $7,784
2004 $310,100 $263,400 $573,500 $6,968
2003 $298,700 $251,900 $550,600 $6,960

Property facts

Year built
1971
Property type
single_family
Stories
Beds
4
Baths
4
Living area
3,906 sqft
Lot size
42,253 sqft
ZIP code
01940
City
Lynnfield
Street
Grey Ln
Coordinates
42.54953, -71.03047

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
$11,327
Gross rental yield
9.85%
Implied cap rate
6.40%
Trend-extrapolated value

Frequently asked questions

When did 38 Grey Ln last sell?
38 Grey Ln most recently sold on Jul 7, 2022 for $1,380,000.
What is the current tax assessment for 38 Grey Ln?
The most recent total assessment for 38 Grey Ln (year 2025) is $1,253,500 with $13,237 in property tax.
How does 38 Grey Ln's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $1,380,000.
When was 38 Grey Ln built?
38 Grey Ln was built in 1971.
How does 38 Grey Ln compare to others on Grey Ln?
We track 8 other properties on Grey Ln. Browse the list under "Other properties on Grey Ln" to compare beds, baths, and sale history.
What are the property facts for 38 Grey Ln?
38 Grey Ln is a 4 bed, 4 bath, 3,906 sqft, 42,253 sqft lot single_family.
Is 38 Grey Ln a flip candidate?
No — 38 Grey Ln does not appear in our flips dataset.
Is 38 Grey Ln a tax-appeal candidate?
No — 38 Grey Ln 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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