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63 Prospect Ave

Lynnfield, MA 01940

3 bd 1 ba 1,272 sqft Built 1925 Lot 5,000 sqft single_family
Most recent sale
$560,000
Mar 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 2, 2022 Sold $560,000 MLS #72933868
Jan 14, 2022 Listed $549,900 MLS #72933868

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,000 $457,300 $591,300 $6,244
2024 $118,700 $404,700 $523,400 $5,501
2023 $88,300 $383,900 $472,200 $5,336
2022 $70,000 $383,900 $453,900 $5,442
2021 $67,200 $329,500 $396,700 $5,264
2020 $67,200 $284,700 $351,900 $4,898
2019 $67,200 $271,900 $339,100 $4,717
2018 $67,200 $271,900 $339,100 $4,666
2017 $67,200 $271,900 $339,100 $4,673
2016 $67,200 $243,100 $310,300 $4,499
2015 $67,200 $243,100 $310,300 $4,496
2014 $67,200 $243,100 $310,300 $4,583
2006 $94,100 $228,700 $322,800 $3,215
2005 $93,900 $207,900 $301,800 $3,078
2004 $68,100 $162,500 $230,600 $2,802
2003 $68,100 $155,400 $223,500 $2,825

Property facts

Year built
1925
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,272 sqft
Lot size
5,000 sqft
ZIP code
01940
City
Lynnfield
Street
Prospect Ave
Coordinates
42.53087, -71.03441

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,689
Gross rental yield
7.91%
Implied cap rate
5.14%
Trend-extrapolated value

Frequently asked questions

When did 63 Prospect Ave last sell?
63 Prospect Ave most recently sold on Mar 2, 2022 for $560,000.
What is the current tax assessment for 63 Prospect Ave?
The most recent total assessment for 63 Prospect Ave (year 2025) is $591,300 with $6,244 in property tax.
How does 63 Prospect Ave's assessment compare to its last sale price?
The current assessment is 5.6% above the last sale price of $560,000.
When was 63 Prospect Ave built?
63 Prospect Ave was built in 1925.
How does 63 Prospect Ave compare to others on Prospect Ave?
We track 3 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 63 Prospect Ave?
63 Prospect Ave is a 3 bed, 1 bath, 1,272 sqft, 5,000 sqft lot single_family.
Is 63 Prospect Ave a flip candidate?
No — 63 Prospect Ave does not appear in our flips dataset.
Is 63 Prospect Ave a tax-appeal candidate?
No — 63 Prospect Ave 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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