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3 Redwood Rd

Lynnfield, MA 01940

3 bd 3 ba 1,860 sqft Built 2014 Lot 5,400 sqft single_family
Most recent sale
$810,000
Dec 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2025 Listing removed $4,500 MLSPIN
Aug 27, 2025 Price changed for rent $4,500 MLSPIN
Aug 19, 2025 Listed for rent $5,000 MLSPIN
Dec 21, 2021 Sold $810,000 MLS #72907064
Nov 1, 2021 Price changed $799,999 MLS #72907064
Oct 12, 2021 Listed $849,900 MLS #72907064
Jun 12, 2014 Sold $535,000 MLS #71628405
Feb 24, 2014 Price changed $549,000 MLS #71628405
Jan 31, 2014 Listed $559,000 MLS #71628405
Aug 27, 2013 Sold $150,000 MLS #71492839
Mar 12, 2013 Listed $175,000 MLS #71492839
Oct 30, 2011 Listing removed $150,000 MLSPIN
Aug 2, 2011 Relisted $150,000 MLS #71219062
Jul 30, 2011 Listing removed $150,000 MLSPIN
Jul 5, 2011 Relisted $150,000 MLS #71219062
Jul 1, 2011 Listing removed $150,000 MLSPIN
Apr 19, 2011 Listed $150,000 MLS #71219062
Sep 11, 2010 Listing removed $185,000 MLSPIN
Jun 15, 2010 Listed $185,000 MLS #71096315

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $478,400 $459,000 $937,400 $9,899
2024 $426,100 $406,200 $832,300 $8,747
2023 $375,700 $385,300 $761,000 $8,599
2022 $319,800 $385,300 $705,100 $8,454
2021 $308,200 $330,800 $639,000 $8,480
2020 $310,100 $285,800 $595,900 $8,295
2019 $310,100 $273,000 $583,100 $8,111
2018 $310,100 $273,000 $583,100 $8,023
2017 $310,100 $273,000 $583,100 $8,035
2016 $287,700 $244,100 $531,800 $7,711
2015 $287,700 $244,100 $531,800 $7,706

Property facts

Year built
2014
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,860 sqft
Lot size
5,400 sqft
ZIP code
01940
City
Lynnfield
Street
Redwood Rd
Coordinates
42.52647, -71.02475

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,394
Gross rental yield
7.99%
Implied cap rate
5.19%
Trend-extrapolated value

Frequently asked questions

When did 3 Redwood Rd last sell?
3 Redwood Rd most recently sold on Dec 21, 2021 for $810,000.
What is the current tax assessment for 3 Redwood Rd?
The most recent total assessment for 3 Redwood Rd (year 2025) is $937,400 with $9,899 in property tax.
How does 3 Redwood Rd's assessment compare to its last sale price?
The current assessment is 15.7% above the last sale price of $810,000.
When was 3 Redwood Rd built?
3 Redwood Rd was built in 2014.
How does 3 Redwood Rd compare to others on Redwood Rd?
We do not currently track other properties on Redwood Rd.
What are the property facts for 3 Redwood Rd?
3 Redwood Rd is a 3 bed, 3 bath, 1,860 sqft, 5,400 sqft lot single_family.
Is 3 Redwood Rd a flip candidate?
No — 3 Redwood Rd does not appear in our flips dataset.
Is 3 Redwood Rd a tax-appeal candidate?
Yes — 3 Redwood Rd 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 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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