Large Location Icon

55 Addison Ave; Lynn, MA Property Details

55 Addison Ave, Lynn, MA is a Single Family that was built in 1925. This property is currently Financed and is for sale. Our records show that 55 Addison Ave has 2 bedrooms, and 1 bathroom, and a total of 1,083 square feet. The lot size of 55 Addison Ave is 4,121 square feet.

On Market for 152 days
55 Addison Ave Lynn, MA 01902
$545,000 Listing Price
2 Beds
1 Baths
1,083 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $465,000
  • Est. Equity / %: $563,000 / 100%
  • Gross Yield: 5.262%
  • APN: LYNN M:106 B:408 L:012
  • Situs County: Essex
  • Length Of Ownership: 3 years, 1 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,083/SqFt
  • Lot: 4,121/SqFt
  • Gross: 2,491/SqFt
  • Living: 1,083/SqFt
  • Basement: 789/SqFt
  • Building: 1,083/SqFt
  • Basement Unfinished: 789/SqFt
  • Price Per Square Foot: $429.36
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: 42.48231 / -70.9349
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1117
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

55 Addison Ave has no associated ownership info
55 Addison Ave has no associated ownership info.

Taxes

55 Addison Ave has 9 associated Taxes items

55 Addison 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 $461,600. The APN we've located for 55 Addison Ave is LYNN M:106 B:408 L:012.

Unlock the full report
Taxes
  • Assessed Value:  $461,600
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:106 B:408 L:012
  • Assessed Land Value:  200000
  • Tax Amount:  4782
  • Tax Year:  2025
  • Market Value:  490960
  • Market Year:  2025

Tax History

55 Addison Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $461,600 Land Value $200,000 Improvement Value $261,600 Tax Amount $4,782 Change Rate -0.026664% Assessed CR Tax Rate +0.01036%
Year 2024 Assessed Value $466,600 Land Value $188,100 Improvement Value $278,500 Tax Amount $4,913 Change Rate +0.009037% Assessed CR Tax Rate +0.010529%
Year 2023 Assessed Value $436,700 Land Value $185,500 Improvement Value $251,200 Tax Amount $4,869 Change Rate +0.01713% Assessed CR Tax Rate +0.01115%
Year 2022 Assessed Value $385,100 Land Value $149,300 Improvement Value $235,800 Tax Amount $4,787 Change Rate +0.120815% Assessed CR Tax Rate +0.012431%
Year 2021 Assessed Value $327,800 Land Value $126,200 Improvement Value $201,600 Tax Amount $4,271 Change Rate -0.002869% Assessed CR Tax Rate +0.013029%
Year 2020 Assessed Value $315,700 Land Value $123,300 Improvement Value $192,400 Tax Amount $4,283.29 Change Rate +0.012838% Assessed CR Tax Rate +0.013568%
Year 2019 Assessed Value $295,700 Land Value $115,200 Improvement Value $180,500 Tax Amount $4,229 Change Rate +0.0533% Assessed CR Tax Rate +0.014302%
Year 2018 Assessed Value $265,000 Land Value $124,100 Improvement Value $140,900 Tax Amount $4,015 Change Rate +0.074679% Assessed CR Tax Rate +0.015151%
Year 2017 Assessed Value $239,500 Land Value $102,400 Improvement Value $137,100 Tax Amount $3,736 Change Rate -0.006383% Assessed CR Tax Rate +0.015599%
Year 2016 Assessed Value $232,400 Land Value $102,800 Improvement Value $129,600 Tax Amount $3,760 Change Rate -0.025654% Assessed CR Tax Rate +0.016179%
Year 2015 Assessed Value $230,400 Land Value $102,800 Improvement Value $127,600 Tax Amount $3,859 Change Rate Assessed CR Tax Rate +0.016749%