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7 Falls St; Lynn, MA Property Details

7 Falls St, Lynn, MA is a Single Family that was built in 1905. This property is currently Financed and is not for sale. Our records show that 7 Falls St has 2 bedrooms, and 1 bathroom, and a total of 1,054 square feet. The lot size of 7 Falls St is 3,411 square feet.

Off market
7 Falls St Lynn, MA 01902
$286,000 Listing Price
2 Beds
1 Baths
1,054 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1905
  • Purchase Price: $286,000
  • Open Loans / Balance: 1 / $184,417
  • Est. Equity / %: $319,583 / 63.41%
  • Gross Yield: 5.871%
  • APN: LYNN M:106 B:410 L:002
  • Situs County: Essex
  • Length Of Ownership: 8 years

Rooms

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

Structure

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

Measurements

  • Total: 1,054/SqFt
  • Lot: 3,411/SqFt
  • Gross: 1,984/SqFt
  • Living: 1,054/SqFt
  • Basement: 644/SqFt
  • Building: 1,054/SqFt
  • Basement Unfinished: 644/SqFt
  • Price Per Square Foot: $271.35
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: 42.48287 / -70.93409
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 1135
  • Heating: Forced air unit

Ownership Info

7 Falls St has no associated ownership info
7 Falls St has no associated ownership info.

Taxes

7 Falls St has 9 associated Taxes items

7 Falls 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 $454,000. The APN we've located for 7 Falls St is LYNN M:106 B:410 L:002.

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Taxes
  • Assessed Value:  $454,000
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:106 B:410 L:002
  • Assessed Land Value:  195900
  • Tax Amount:  4703
  • Tax Year:  2025
  • Market Value:  457235
  • Market Year:  2025

Tax History

7 Falls St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $454,000 Land Value $195,900 Improvement Value $258,100 Tax Amount $4,703 Change Rate +0.044415% Assessed CR Tax Rate +0.010359%
Year 2024 Assessed Value $427,600 Land Value $184,200 Improvement Value $243,400 Tax Amount $4,503 Change Rate +0.025273% Assessed CR Tax Rate +0.010531%
Year 2023 Assessed Value $393,900 Land Value $181,700 Improvement Value $212,200 Tax Amount $4,392 Change Rate +0.055262% Assessed CR Tax Rate +0.01115%
Year 2022 Assessed Value $334,800 Land Value $146,200 Improvement Value $188,600 Tax Amount $4,162 Change Rate +0.068001% Assessed CR Tax Rate +0.012431%
Year 2021 Assessed Value $299,100 Land Value $123,600 Improvement Value $175,500 Tax Amount $3,897 Change Rate +0.029735% Assessed CR Tax Rate +0.013029%
Year 2020 Assessed Value $281,700 Land Value $120,700 Improvement Value $161,000 Tax Amount $3,784.47 Change Rate +0.000674% Assessed CR Tax Rate +0.013434%
Year 2019 Assessed Value $264,000 Land Value $112,800 Improvement Value $151,200 Tax Amount $3,781.92 Change Rate +0.072064% Assessed CR Tax Rate +0.014325%
Year 2018 Assessed Value $246,800 Land Value $121,500 Improvement Value $125,300 Tax Amount $3,527.7 Change Rate +0.036035% Assessed CR Tax Rate +0.014294%
Year 2017 Assessed Value $218,300 Land Value $100,200 Improvement Value $118,100 Tax Amount $3,405 Change Rate -0.006999% Assessed CR Tax Rate +0.015598%
Year 2016 Assessed Value $211,900 Land Value $100,600 Improvement Value $111,300 Tax Amount $3,429 Change Rate +0.038776% Assessed CR Tax Rate +0.016182%
Year 2015 Assessed Value $197,100 Land Value $100,600 Improvement Value $96,500 Tax Amount $3,301 Change Rate Assessed CR Tax Rate +0.016748%