Taxes
- Assessed Value: $420,700
- Assessed Year: 2025
- Assessed County: Essex
- APN: LYNN M:094 B:542 L:003
- Assessed Land Value: 182300
- Tax Amount: 4358
- Tax Year: 2025
- Market Value: 433675
- Market Year: 2025
40 Phillips Ave; Lynn, MA Property Details
Off market
40 Phillips Ave Lynn, MA 01902
$399,900 Listing Price
4 Beds
2.5 Baths
1,290 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1910
- Purchase Price: $210,299
- Open Loans / Balance: 2 / $257,047
- Est. Equity / %: $226,953 / 46.89%
- Gross Yield: 6.729%
- APN: LYNN M:094 B:542 L:003
- Situs County: Essex
- Length Of Ownership: 10 years, 1 months
Rooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full Bathrooms: 2
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Asbestos shingle
- Building Condition: Fair
- Roof Type: Gable
- Roof Cover Type: Asphalt
Measurements
- Total: 1,290/SqFt
- Lot: 3,376/SqFt
- Gross: 2,423/SqFt
- Living: 1,290/SqFt
- Basement: 675/SqFt
- Building: 1,290/SqFt
- Basement Unfinished: 675/SqFt
- Price Per Square Foot: $163.02
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: 42.467728 / -70.92869
- Property Class: Residential
- Zoning: R1
- County Use Code: 101
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1920
- Heating: Forced air unit
Ownership Info
40 Phillips Ave has no associated ownership info
40 Phillips Ave has no associated ownership info.
Taxes
40 Phillips Ave has 9 associated Taxes items
40 Phillips 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 $420,700. The APN we've located for 40 Phillips Ave is LYNN M:094 B:542 L:003.
Unlock the full reportTax History
40 Phillips Ave 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 $420,700 | Land Value $182,300 | Improvement Value $238,400 | Tax Amount $4,358 | Change Rate -0.057933% | Assessed CR | Tax Rate +0.010359% |
| Year 2024 | Assessed Value $439,300 | Land Value $174,400 | Improvement Value $264,900 | Tax Amount $4,626 | Change Rate -0.007722% | Assessed CR | Tax Rate +0.01053% |
| Year 2023 | Assessed Value $418,100 | Land Value $186,500 | Improvement Value $231,600 | Tax Amount $4,662 | Change Rate +0.065113% | Assessed CR | Tax Rate +0.01115% |
| Year 2022 | Assessed Value $352,100 | Land Value $145,600 | Improvement Value $206,500 | Tax Amount $4,377 | Change Rate +0.077283% | Assessed CR | Tax Rate +0.012431% |
| Year 2021 | Assessed Value $311,800 | Land Value $119,300 | Improvement Value $192,500 | Tax Amount $4,063 | Change Rate +0.085844% | Assessed CR | Tax Rate +0.013031% |
| Year 2020 | Assessed Value $299,700 | Land Value $122,600 | Improvement Value $177,100 | Tax Amount $3,741.79 | Change Rate -0.0408% | Assessed CR | Tax Rate +0.012485% |
| Year 2019 | Assessed Value $261,300 | Land Value $94,700 | Improvement Value $166,600 | Tax Amount $3,900.95 | Change Rate +0.077051% | Assessed CR | Tax Rate +0.014929% |
| Year 2018 | Assessed Value $245,300 | Land Value $106,400 | Improvement Value $138,900 | Tax Amount $3,621.88 | Change Rate +0.067457% | Assessed CR | Tax Rate +0.014765% |
| Year 2017 | Assessed Value $217,500 | Land Value $93,400 | Improvement Value $124,100 | Tax Amount $3,393 | Change Rate +0.076118% | Assessed CR | Tax Rate +0.0156% |
| Year 2016 | Assessed Value $194,900 | Land Value $78,000 | Improvement Value $116,900 | Tax Amount $3,153 | Change Rate +0.022374% | Assessed CR | Tax Rate +0.016178% |
| Year 2015 | Assessed Value $184,100 | Land Value $82,600 | Improvement Value $101,500 | Tax Amount $3,084 | Change Rate | Assessed CR | Tax Rate +0.016752% |