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51 Gateway Ln; Lynn, MA Property Details

51 Gateway Ln, Lynn, MA is a Single Family that was built in 1957. This property is currently a cash purchase and is not for sale. Our records show that 51 Gateway Ln has 2 bedrooms, and 1 bathroom, and a total of 950 square feet. The lot size of 51 Gateway Ln is 5,044 square feet.

Off market
51 Gateway Ln Lynn, MA 01905
$232,000 Listing Price
2 Beds
1 Baths
950 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1957
  • Purchase Price: $232,000
  • Est. Equity / %: $524,000 / 100%
  • Gross Yield: 6.534%
  • APN: LYNN M:024 B:384 L:031
  • Situs County: Essex
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 950/SqFt
  • Lot: 5,044/SqFt
  • Gross: 1,923/SqFt
  • Living: 950/SqFt
  • Basement: 576/SqFt
  • Building: 950/SqFt
  • Basement Unfinished: 576/SqFt
  • Price Per Square Foot: $244.21
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: 42.474365 / -70.98371
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 1021
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

51 Gateway Ln has no associated ownership info
51 Gateway Ln has no associated ownership info.

Taxes

51 Gateway Ln has 9 associated Taxes items

51 Gateway Ln, 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 $527,800. The APN we've located for 51 Gateway Ln is LYNN M:024 B:384 L:031.

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Taxes
  • Assessed Value:  $527,800
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:024 B:384 L:031
  • Assessed Land Value:  200600
  • Tax Amount:  5468
  • Tax Year:  2025
  • Market Value:  553375
  • Market Year:  2025

Tax History

51 Gateway Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $527,800 Land Value $200,600 Improvement Value $327,200 Tax Amount $5,468 Change Rate +0.048313% Assessed CR Tax Rate +0.01036%
Year 2024 Assessed Value $495,300 Land Value $199,300 Improvement Value $296,000 Tax Amount $5,216 Change Rate +0.028188% Assessed CR Tax Rate +0.010531%
Year 2023 Assessed Value $455,000 Land Value $193,200 Improvement Value $261,800 Tax Amount $5,073 Change Rate +0.056215% Assessed CR Tax Rate +0.011149%
Year 2022 Assessed Value $386,400 Land Value $165,600 Improvement Value $220,800 Tax Amount $4,803 Change Rate +0.038038% Assessed CR Tax Rate +0.01243%
Year 2021 Assessed Value $355,100 Land Value $154,200 Improvement Value $200,900 Tax Amount $4,627 Change Rate -0.024354% Assessed CR Tax Rate +0.01303%
Year 2020 Assessed Value $331,400 Land Value $137,100 Improvement Value $194,300 Tax Amount $4,742.5 Change Rate +0.051886% Assessed CR Tax Rate +0.014311%
Year 2019 Assessed Value $326,600 Land Value $148,100 Improvement Value $178,500 Tax Amount $4,508.57 Change Rate +0.077541% Assessed CR Tax Rate +0.013805%
Year 2018 Assessed Value $289,700 Land Value $138,400 Improvement Value $151,300 Tax Amount $4,184.13 Change Rate +0.010659% Assessed CR Tax Rate +0.014443%
Year 2017 Assessed Value $265,400 Land Value $120,000 Improvement Value $145,400 Tax Amount $4,140 Change Rate +0.043084% Assessed CR Tax Rate +0.015599%
Year 2016 Assessed Value $245,300 Land Value $113,600 Improvement Value $131,700 Tax Amount $3,969 Change Rate +0.041186% Assessed CR Tax Rate +0.01618%
Year 2015 Assessed Value $227,600 Land Value $112,200 Improvement Value $115,400 Tax Amount $3,812 Change Rate Assessed CR Tax Rate +0.016749%