Taxes
- Assessed Value: $524,300
- Assessed Year: 2025
- Assessed County: Essex
- APN: LYNN M:074 B:182 L:012
- Assessed Land Value: 188300
- Tax Amount: 5432
- Tax Year: 2025
- Market Value: 595840
- Market Year: 2025
2 Severance Ter; Lynn, MA Property Details
Off market
2 Severance Ter Lynn, MA 01904
$310,000 Listing Price
4 Beds
2 Baths
1,577 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1890
- Purchase Price: $310,000
- Open Loans / Balance: 1 / $236,122
- Est. Equity / %: $408,878 / 63.39%
- Gross Yield: 6.05%
- APN: LYNN M:074 B:182 L:012
- Situs County: Essex
- Length Of Ownership: 11 years
Rooms
- Bedrooms: 4
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 8
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Siding (Alum/Vinyl)
- Building Condition: Average
- Roof Type: Gable
- Roof Cover Type: Asphalt
Measurements
- Total: 1,577/SqFt
- Lot: 6,621/SqFt
- Gross: 3,544/SqFt
- Living: 1,577/SqFt
- Basement: 1,057/SqFt
- Building: 1,577/SqFt
- Basement Unfinished: 1,057/SqFt
- Price Per Square Foot: $196.58
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lynn School District
- Lat / Lon: 42.48516 / -70.965034
- Property Class: Residential
- Zoning: R1
- County Use Code: 101
Amenities
- Heating Fuel Type: Oil
- Plus Four: 2246
- Heating: Forced air unit
Ownership Info
2 Severance Ter has no associated ownership info
2 Severance Ter has no associated ownership info.
Taxes
2 Severance Ter has 9 associated Taxes items
2 Severance Ter, Lynn, MA pays taxes in Essex County, MA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $524,300. The APN we've located for 2 Severance Ter is LYNN M:074 B:182 L:012.
Unlock the full reportTax History
2 Severance Ter has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $524,300 | Land Value $188,300 | Improvement Value $336,000 | Tax Amount $5,432 | Change Rate +0.022783% | Assessed CR | Tax Rate +0.01036% |
| Year 2024 | Assessed Value $504,400 | Land Value $187,000 | Improvement Value $317,400 | Tax Amount $5,311 | Change Rate +0.024301% | Assessed CR | Tax Rate +0.010529% |
| Year 2023 | Assessed Value $465,000 | Land Value $187,000 | Improvement Value $278,000 | Tax Amount $5,185 | Change Rate +0.010327% | Assessed CR | Tax Rate +0.011151% |
| Year 2022 | Assessed Value $412,900 | Land Value $164,800 | Improvement Value $248,100 | Tax Amount $5,132 | Change Rate +0.057708% | Assessed CR | Tax Rate +0.012429% |
| Year 2021 | Assessed Value $372,400 | Land Value $140,900 | Improvement Value $231,500 | Tax Amount $4,852 | Change Rate +0.023853% | Assessed CR | Tax Rate +0.013029% |
| Year 2020 | Assessed Value $347,600 | Land Value $134,300 | Improvement Value $213,300 | Tax Amount $4,738.96 | Change Rate +0.062835% | Assessed CR | Tax Rate +0.013633% |
| Year 2019 | Assessed Value $327,700 | Land Value $126,900 | Improvement Value $200,800 | Tax Amount $4,458.79 | Change Rate -0.023362% | Assessed CR | Tax Rate +0.013606% |
| Year 2018 | Assessed Value $295,700 | Land Value $127,700 | Improvement Value $168,000 | Tax Amount $4,565.45 | Change Rate +0.011622% | Assessed CR | Tax Rate +0.015439% |
| Year 2017 | Assessed Value $289,300 | Land Value $119,900 | Improvement Value $169,400 | Tax Amount $4,513 | Change Rate +0.047343% | Assessed CR | Tax Rate +0.0156% |
| Year 2016 | Assessed Value $266,300 | Land Value $106,300 | Improvement Value $160,000 | Tax Amount $4,309 | Change Rate | Assessed CR | Tax Rate +0.016181% |
| Year 2015 | Assessed Value $228,100 | Land Value $99,700 | Improvement Value $128,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |