Taxes
- Assessed Value: $497,700
- Assessed Year: 2025
- Assessed County: Essex
- APN: LYNN M:020 B:311 L:015
- Assessed Land Value: 194700
- Tax Amount: 5156
- Tax Year: 2025
- Market Value: 413535
- Market Year: 2025
7 Reed St; Lynn, MA Property Details
Off market
7 Reed St Lynn, MA 01905
$213,000 Listing Price
3 Beds
1 Baths
1,123 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1935
- Purchase Price: $213,000
- Open Loans / Balance: 1 / $250,630
- Est. Equity / %: $317,370 / 55.88%
- Gross Yield: 7.128%
- APN: LYNN M:020 B:311 L:015
- Situs County: Essex
- Length Of Ownership: 12 years, 9 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Siding (Alum/Vinyl)
- Building Condition: Average
- Roof Type: Hip
- Roof Cover Type: Asphalt
Measurements
- Total: 1,123/SqFt
- Lot: 2,457/SqFt
- Gross: 1,932/SqFt
- Living: 1,123/SqFt
- Basement: 603/SqFt
- Building: 1,123/SqFt
- Basement Unfinished: 603/SqFt
- Price Per Square Foot: $189.67
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Lynn School District
- Lat / Lon: 42.4581 / -70.97978
- Property Class: Residential
- Zoning: R4
- County Use Code: 101
Amenities
- Heating Fuel Type: Oil
- Plus Four: 1909
- Cooling: Yes
- Heating: Forced air unit
Ownership Info
7 Reed St has no associated ownership info
7 Reed St has no associated ownership info.
Taxes
7 Reed St has 9 associated Taxes items
7 Reed 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 $497,700. The APN we've located for 7 Reed St is LYNN M:020 B:311 L:015.
Unlock the full reportTax History
7 Reed St has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $497,700 | Land Value $194,700 | Improvement Value $303,000 | Tax Amount $5,156 | Change Rate +0.06617% | Assessed CR | Tax Rate +0.01036% |
| Year 2024 | Assessed Value $459,300 | Land Value $181,000 | Improvement Value $278,300 | Tax Amount $4,836 | Change Rate +0.01087% | Assessed CR | Tax Rate +0.010529% |
| Year 2023 | Assessed Value $429,100 | Land Value $200,200 | Improvement Value $228,900 | Tax Amount $4,784 | Change Rate +0.040226% | Assessed CR | Tax Rate +0.011149% |
| Year 2022 | Assessed Value $370,000 | Land Value $153,400 | Improvement Value $216,600 | Tax Amount $4,599 | Change Rate +0.074533% | Assessed CR | Tax Rate +0.01243% |
| Year 2021 | Assessed Value $328,500 | Land Value $132,500 | Improvement Value $196,000 | Tax Amount $4,280 | Change Rate +0.038802% | Assessed CR | Tax Rate +0.013029% |
| Year 2020 | Assessed Value $322,700 | Land Value $135,900 | Improvement Value $186,800 | Tax Amount $4,120.13 | Change Rate +0.036865% | Assessed CR | Tax Rate +0.012768% |
| Year 2019 | Assessed Value $284,500 | Land Value $121,400 | Improvement Value $163,100 | Tax Amount $3,973.64 | Change Rate +0.077454% | Assessed CR | Tax Rate +0.013967% |
| Year 2018 | Assessed Value $255,200 | Land Value $109,500 | Improvement Value $145,700 | Tax Amount $3,687.99 | Change Rate +0.011239% | Assessed CR | Tax Rate +0.014451% |
| Year 2017 | Assessed Value $233,800 | Land Value $95,800 | Improvement Value $138,000 | Tax Amount $3,647 | Change Rate +0.045585% | Assessed CR | Tax Rate +0.015599% |
| Year 2016 | Assessed Value $215,600 | Land Value $88,200 | Improvement Value $127,400 | Tax Amount $3,488 | Change Rate +0.022874% | Assessed CR | Tax Rate +0.016178% |
| Year 2015 | Assessed Value $203,600 | Land Value $90,700 | Improvement Value $112,900 | Tax Amount $3,410 | Change Rate | Assessed CR | Tax Rate +0.016749% |