Taxes
- Assessed Value: $435,900
- Assessed Year: 2025
- Assessed County: Essex
- APN: LYNN M:038 B:321 L:055
- Assessed Land Value: 171700
- Tax Amount: 4516
- Tax Year: 2025
- Market Value: 438520
- Market Year: 2025
5 Drexel 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 $435,900. The APN we've located for 5 Drexel Ter is LYNN M:038 B:321 L:055.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $435,900 | Land Value $171,700 | Improvement Value $264,200 | Tax Amount $4,516 | Change Rate +0.044887% | Assessed CR | Tax Rate +0.01036% |
| Year 2024 | Assessed Value $410,400 | Land Value $161,400 | Improvement Value $249,000 | Tax Amount $4,322 | Change Rate +0.038693% | Assessed CR | Tax Rate +0.010531% |
| Year 2023 | Assessed Value $373,200 | Land Value $156,400 | Improvement Value $216,800 | Tax Amount $4,161 | Change Rate -0.029391% | Assessed CR | Tax Rate +0.01115% |
| Year 2022 | Assessed Value $344,900 | Land Value $152,500 | Improvement Value $192,400 | Tax Amount $4,287 | Change Rate +0.059042% | Assessed CR | Tax Rate +0.01243% |
| Year 2021 | Assessed Value $310,700 | Land Value $131,800 | Improvement Value $178,900 | Tax Amount $4,048 | Change Rate +0.103172% | Assessed CR | Tax Rate +0.013029% |
| Year 2020 | Assessed Value $280,100 | Land Value $116,100 | Improvement Value $164,000 | Tax Amount $3,669.42 | Change Rate +0.149114% | Assessed CR | Tax Rate +0.0131% |
| Year 2019 | Assessed Value $248,800 | Land Value $95,000 | Improvement Value $153,800 | Tax Amount $3,193.26 | Change Rate +0.032412% | Assessed CR | Tax Rate +0.012835% |
| Year 2018 | Assessed Value $206,100 | Land Value $79,000 | Improvement Value $127,100 | Tax Amount $3,093.01 | Change Rate +0.020459% | Assessed CR | Tax Rate +0.015007% |
| Year 2017 | Assessed Value $194,300 | Land Value $74,400 | Improvement Value $119,900 | Tax Amount $3,031 | Change Rate +0.086769% | Assessed CR | Tax Rate +0.0156% |
| Year 2016 | Assessed Value $172,400 | Land Value $59,700 | Improvement Value $112,700 | Tax Amount $2,789 | Change Rate +0.065317% | Assessed CR | Tax Rate +0.016177% |
| Year 2015 | Assessed Value $156,300 | Land Value $58,800 | Improvement Value $97,500 | Tax Amount $2,618 | Change Rate | Assessed CR | Tax Rate +0.01675% |