Large Location Icon

2 Summit Ave; Lynn, MA Property Details

2 Summit Ave, Lynn, MA is a Duplex 2 Units that was built in 1983. This property is currently Financed and is not for sale. Our records show that 2 Summit Ave has 5 bedrooms, and 2 bathrooms, and a total of 1,056 square feet. The lot size of 2 Summit Ave is 7,553 square feet.

Off market
24 Summit Ave Lynn, MA 01902
$486,600 Estimated Value
5 Beds
2 Baths
1,056 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $480,000
  • Open Loans / Balance: 1 / $408,736
  • Est. Equity / %: $225,264 / 35.53%
  • APN: LYNN M:104 B:429 L:059
  • Situs County: Essex
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,056/SqFt
  • Lot: 7,553/SqFt
  • Gross: 2,346/SqFt
  • Living: 1,056/SqFt
  • Basement: 1,056/SqFt
  • Building: 1,056/SqFt
  • Basement Unfinished: 1,056/SqFt
  • Price Per Square Foot: $454.55
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lynn School District
  • Lat / Lon: 42.47373 / -70.925865
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 104

Amenities

  • Heating Fuel Type: Electric
  • Heating: Electric

Ownership Info

24 Summit Ave has no associated ownership info
24 Summit Ave has no associated ownership info.

Taxes

24 Summit Ave has 7 associated Taxes items

2 Summit Ave, 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 $486,600. The APN we've located for 2 Summit Ave is LYNN M:104 B:429 L:059.

Unlock the full report
Taxes
  • Assessed Value:  $486,600
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:104 B:429 L:059
  • Assessed Land Value:  198700
  • Tax Amount:  5041
  • Tax Year:  2025

Tax History

24 Summit Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $486,600 Land Value $198,700 Improvement Value $287,900 Tax Amount $5,041 Change Rate -0.004542% Assessed CR Tax Rate +0.01036%
Year 2024 Assessed Value $480,900 Land Value $186,800 Improvement Value $294,100 Tax Amount $5,064 Change Rate +0.021586% Assessed CR Tax Rate +0.01053%
Year 2023 Assessed Value $444,600 Land Value $184,300 Improvement Value $260,300 Tax Amount $4,957 Change Rate +0.002427% Assessed CR Tax Rate +0.011149%
Year 2022 Assessed Value $397,800 Land Value $156,100 Improvement Value $241,700 Tax Amount $4,945 Change Rate +0.120553% Assessed CR Tax Rate +0.012431%
Year 2021 Assessed Value $338,700 Land Value $118,800 Improvement Value $219,900 Tax Amount $4,413 Change Rate +0.011527% Assessed CR Tax Rate +0.013029%
Year 2020 Assessed Value $322,700 Land Value $116,000 Improvement Value $206,700 Tax Amount $4,362.71 Change Rate +0.011218% Assessed CR Tax Rate +0.013519%
Year 2019 Assessed Value $304,400 Land Value $108,400 Improvement Value $196,000 Tax Amount $4,314.31 Change Rate +0.069073% Assessed CR Tax Rate +0.014173%
Year 2018 Assessed Value $284,800 Land Value $116,800 Improvement Value $168,000 Tax Amount $4,035.56 Change Rate -0.014996% Assessed CR Tax Rate +0.01417%
Year 2017 Assessed Value $262,600 Land Value $107,000 Improvement Value $155,600 Tax Amount $4,097 Change Rate -0.054902% Assessed CR Tax Rate +0.015602%
Year 2016 Assessed Value $267,900 Land Value $96,700 Improvement Value $171,200 Tax Amount $4,335 Change Rate +0.072224% Assessed CR Tax Rate +0.016181%
Year 2015 Assessed Value $241,400 Land Value $102,100 Improvement Value $139,300 Tax Amount $4,043 Change Rate Assessed CR Tax Rate +0.016748%