Large Location Icon

7 Cherry Tree Ln; Lynn, MA Property Details

7 Cherry Tree Ln, Lynn, MA is a Condominium that was built in 2003. This property is currently a cash purchase and is not for sale. Our records show that 7 Cherry Tree Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,273 square feet. The lot size of 7 Cherry Tree Ln is 430,403 square feet.

Off market
7 Cherry Tree Ln Lynn, MA 01904
$490,000 Listing Price
2 Beds
2 Baths
1,273 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Purchase Price: $490,000
  • Est. Equity / %: $736,000 / 100%
  • Inv. Liens / Amount: 1 / $1,481
  • Gross Yield: 6.504%
  • APN: LYNN M:047 B:013 L:064 S:024
  • Situs County: Essex
  • Length Of Ownership: 5 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 1,273/SqFt
  • Lot: 430,403/SqFt
  • Gross: 3,206/SqFt
  • Living: 1,273/SqFt
  • Basement: 1,273/SqFt
  • Building: 1,273/SqFt
  • Basement Unfinished: 1,273/SqFt
  • Price Per Square Foot: $384.92
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lynn School District
  • Lat / Lon: 42.50192 / -70.99175
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 102

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1266
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $291
  • H O A Amount: $291
  • H O A One Type: Condo  Owner Association

Ownership Info

7 Cherry Tree Ln has no associated ownership info
7 Cherry Tree Ln has no associated ownership info.

Taxes

7 Cherry Tree Ln has 8 associated Taxes items

7 Cherry Tree 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 $588,800. The APN we've located for 7 Cherry Tree Ln is LYNN M:047 B:013 L:064 S:024.

Unlock the full report
Taxes
  • Assessed Value:  $588,800
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:047 B:013 L:064 S:024
  • Tax Amount:  6100
  • Tax Year:  2025
  • Market Value:  592515
  • Market Year:  2025

Tax History

7 Cherry Tree Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $588,800 Land Value Improvement Value $588,800 Tax Amount $6,100 Change Rate -0.00131% Assessed CR Tax Rate +0.01036%
Year 2024 Assessed Value $580,100 Land Value Improvement Value $580,100 Tax Amount $6,108 Change Rate +0.036132% Assessed CR Tax Rate +0.010529%
Year 2023 Assessed Value $528,700 Land Value Improvement Value $528,700 Tax Amount $5,895 Change Rate +0.013583% Assessed CR Tax Rate +0.01115%
Year 2022 Assessed Value $467,900 Land Value Improvement Value $467,900 Tax Amount $5,816 Change Rate -0.089828% Assessed CR Tax Rate +0.01243%
Year 2021 Assessed Value $490,400 Land Value Improvement Value $490,400 Tax Amount $6,390 Change Rate +0.476484% Assessed CR Tax Rate +0.01303%
Year 2020 Assessed Value $431,300 Land Value Improvement Value $431,300 Tax Amount $4,327.85 Change Rate -0.26645% Assessed CR Tax Rate +0.010034%
Year 2019 Assessed Value $324,200 Land Value Improvement Value $324,200 Tax Amount $5,899.87 Change Rate +0.018123% Assessed CR Tax Rate +0.018198%
Year 2018 Assessed Value $385,400 Land Value Improvement Value $385,400 Tax Amount $5,794.85 Change Rate +0.012732% Assessed CR Tax Rate +0.015036%
Year 2017 Assessed Value $366,800 Land Value Improvement Value $366,800 Tax Amount $5,722 Change Rate +0.052225% Assessed CR Tax Rate +0.0156%
Year 2016 Assessed Value $336,100 Land Value Improvement Value $336,100 Tax Amount $5,438 Change Rate +0.036007% Assessed CR Tax Rate +0.01618%
Year 2015 Assessed Value $313,400 Land Value Improvement Value $313,400 Tax Amount $5,249 Change Rate Assessed CR Tax Rate +0.016749%