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24 Summit Ave; Lynn, MA Property Details

24 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 24 Summit Ave has 5 bedrooms, and 2 bathrooms, and a total of 1,056 square feet. The lot size of 24 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

24 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 24 Summit Ave is LYNN M:104 B:429 L:059.

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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%