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5 Olive St; Lynn, MA Property Details

5 Olive St, Lynn, MA is a Single Family that was built in 1945. This property is currently Financed and is not for sale. Our records show that 5 Olive St has 4 bedrooms, and 2.5 bathrooms, and a total of 1,584 square feet. The lot size of 5 Olive St is 4,417 square feet.

Off market
5 Olive St Lynn, MA 01902
$500,000 Listing Price
4 Beds
2.5 Baths
1,584 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1945
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $450,622
  • Est. Equity / %: $128,378 / 22.17%
  • Inv. Liens / Amount: 1 / $1,184
  • Gross Yield: 6.676%
  • APN: LYNN M:094 B:514 L:018
  • Situs County: Essex
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,584/SqFt
  • Lot: 4,417/SqFt
  • Gross: 2,520/SqFt
  • Living: 1,584/SqFt
  • Basement: 780/SqFt
  • Building: 1,584/SqFt
  • Basement Unfinished: 780/SqFt
  • Price Per Square Foot: $315.66
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: 42.468838 / -70.93564
  • Property Class: Residential
  • Zoning: R4
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2903
  • Fireplaces: 1
  • Heating: Hot Water

Ownership Info

5 Olive St has no associated ownership info
5 Olive St has no associated ownership info.

Taxes

5 Olive St has 9 associated Taxes items

5 Olive St, 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 $514,900. The APN we've located for 5 Olive St is LYNN M:094 B:514 L:018.

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Taxes
  • Assessed Value:  $514,900
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:094 B:514 L:018
  • Assessed Land Value:  182400
  • Tax Amount:  5334
  • Tax Year:  2025
  • Market Value:  610565
  • Market Year:  2025

Tax History

5 Olive St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $514,900 Land Value $182,400 Improvement Value $332,500 Tax Amount $5,334 Change Rate +0.069152% Assessed CR Tax Rate +0.010359%
Year 2024 Assessed Value $473,800 Land Value $173,400 Improvement Value $300,400 Tax Amount $4,989 Change Rate +0.062394% Assessed CR Tax Rate +0.01053%
Year 2023 Assessed Value $421,200 Land Value $157,900 Improvement Value $263,300 Tax Amount $4,696 Change Rate +0.019983% Assessed CR Tax Rate +0.011149%
Year 2022 Assessed Value $370,400 Land Value $135,100 Improvement Value $235,300 Tax Amount $4,604 Change Rate +0.055721% Assessed CR Tax Rate +0.01243%
Year 2021 Assessed Value $334,700 Land Value $127,800 Improvement Value $206,900 Tax Amount $4,361 Change Rate +0.047927% Assessed CR Tax Rate +0.01303%
Year 2020 Assessed Value $316,900 Land Value $118,700 Improvement Value $198,200 Tax Amount $4,161.55 Change Rate +0.044078% Assessed CR Tax Rate +0.013132%
Year 2019 Assessed Value $287,000 Land Value $102,400 Improvement Value $184,600 Tax Amount $3,985.86 Change Rate +0.066006% Assessed CR Tax Rate +0.013888%
Year 2018 Assessed Value $256,100 Land Value $94,600 Improvement Value $161,500 Tax Amount $3,739.06 Change Rate +0.014395% Assessed CR Tax Rate +0.0146%
Year 2017 Assessed Value $236,300 Land Value $88,600 Improvement Value $147,700 Tax Amount $3,686 Change Rate +0.059195% Assessed CR Tax Rate +0.015599%
Year 2016 Assessed Value $215,100 Land Value $76,100 Improvement Value $139,000 Tax Amount $3,480 Change Rate +0.045987% Assessed CR Tax Rate +0.016179%
Year 2015 Assessed Value $198,600 Land Value $72,300 Improvement Value $126,300 Tax Amount $3,327 Change Rate Assessed CR Tax Rate +0.016752%