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3 Wallace Rd; Lynn, MA Property Details

3 Wallace Rd, Lynn, MA is a Duplex 2 Units that was built in 1949. This property is currently Financed and is not for sale. Our records show that 3 Wallace Rd has 4 bedrooms, and 4 bathrooms, and a total of 3,108 square feet. The lot size of 3 Wallace Rd is 6,064 square feet.

Off market
3 Wallace Rd Lynn, MA 01902
$249,000 Listing Price
4 Beds
4 Baths
3,108 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1949
  • Purchase Price: $685,000
  • Open Loans / Balance: 1 / $416,192
  • Est. Equity / %: $659,808 / 61.32%
  • APN: LYNN M:093 B:557 L:003
  • Situs County: Essex
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Total Rooms: 10
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 3,108/SqFt
  • Lot: 6,064/SqFt
  • Gross: 5,344/SqFt
  • Living: 3,108/SqFt
  • Basement: 1,344/SqFt
  • Building: 3,108/SqFt
  • Basement Unfinished: 1,344/SqFt
  • Price Per Square Foot: $220.40
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: 42.464897 / -70.92681
  • Subdivision: Houselots Arthur A Sondheim
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 104

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 2011
  • Fireplaces: 1
  • Heating: Hot Water

Ownership Info

3 Wallace Rd has no associated ownership info
3 Wallace Rd has no associated ownership info.

Taxes

3 Wallace Rd has 7 associated Taxes items

3 Wallace Rd, 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 $1,007,648. The APN we've located for 3 Wallace Rd is LYNN M:093 B:557 L:003.

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Taxes
  • Assessed Value:  $1,007,648
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:093 B:557 L:003
  • Assessed Land Value:  224900
  • Tax Amount:  10439
  • Tax Year:  2025

Tax History

3 Wallace Rd has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,007,648 Land Value $224,900 Improvement Value $782,748 Tax Amount $10,439 Change Rate +0.0303% Assessed CR Tax Rate +0.01036%
Year 2024 Assessed Value $962,200 Land Value $238,400 Improvement Value $723,800 Tax Amount $10,132 Change Rate +0.016759% Assessed CR Tax Rate +0.01053%
Year 2023 Assessed Value $893,700 Land Value $220,900 Improvement Value $672,800 Tax Amount $9,965 Change Rate +0.003121% Assessed CR Tax Rate +0.01115%
Year 2022 Assessed Value $799,200 Land Value $175,800 Improvement Value $623,400 Tax Amount $9,934 Change Rate +0.048111% Assessed CR Tax Rate +0.01243%
Year 2021 Assessed Value $727,400 Land Value $172,600 Improvement Value $554,800 Tax Amount $9,478 Change Rate +0.105988% Assessed CR Tax Rate +0.01303%
Year 2020 Assessed Value $647,700 Land Value $154,600 Improvement Value $493,100 Tax Amount $8,569.71 Change Rate -0.020547% Assessed CR Tax Rate +0.013231%
Year 2019 Assessed Value $599,700 Land Value $157,600 Improvement Value $442,100 Tax Amount $8,749.49 Change Rate +0.036084% Assessed CR Tax Rate +0.01459%
Year 2018 Assessed Value $567,600 Land Value $161,200 Improvement Value $406,400 Tax Amount $8,444.77 Change Rate +0.0139% Assessed CR Tax Rate +0.014878%
Year 2017 Assessed Value $533,900 Land Value $153,400 Improvement Value $380,500 Tax Amount $8,329 Change Rate +0.057517% Assessed CR Tax Rate +0.0156%
Year 2016 Assessed Value $486,800 Land Value $150,300 Improvement Value $336,500 Tax Amount $7,876 Change Rate +0.034546% Assessed CR Tax Rate +0.016179%
Year 2015 Assessed Value $454,500 Land Value $155,500 Improvement Value $299,000 Tax Amount $7,613 Change Rate Assessed CR Tax Rate +0.01675%