OFF MARKET

Off Market Oct 2014 for $338K

$663,100

Est. refi paymentEst. refi $1,711/mo

•

1,096

sq ft

5 Lookout Ter, Lynnfield, MA 01940

About this home

Welcome home!Charming MOVE-IN READY bungalow is conveniently located with easy access to all major highways.This bright and airy home boasts of a beautiful fully renovated kitchen w/granite and stainless. Kitchen's breakfast bar opens to dining room for entertaining.Open floor plan w/ 9' ceilings.Two large bedrooms w/ beautiful hardwood floors throughout. LR has marble hearth fireplace and custom auto/video set-up. DR has built-hutch and impeccable woodwork. Large bathroom has recently been remodeled with linen closet, stone floor and quality fixtures.New Roth Oil Tank, New indirect water heater,new seamless aluminum gutters.Reconstructed stone walls.Fenced- in backyard was reconstructed in '08 & offers tranquil landscape w/stone fire pit. NO SEPTIC-Tied into public sewerage!Plenty of storage and attic has possibilities of future expansion.Original moldings and plaster have been rehabilitated to excellent condition while maintaining period charm and quality.Great neighborhood.Dead-end

Single-familyProperty Type

1928Year Built

9,350 sq ftLot Size

$605Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Karen Johnson • RE/MAX Leading Edge

Bought with Bill Butler • RE/MAX Leading Edge

Redfin checked: 3 minutes ago

•Source:MLS PIN #71722434

Redfin Estimate

$663,100

$325K since sold in October 2014$17K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17% higher than the average sale price ($567K) of 6 comparable homes.

SOLD AUG 28, 2026
$555,000
A
3 beds1 bath1,096 sq ft
12 York Ter, Lynn, MA 01904
SOLD APR 3, 2026
$542,000
B
2 beds1 bath1,278 sq ft
115 Quinn Rd, Lynn, MA 01904
SOLD APR 28, 2026
$614,900
C
3 beds1 bath1,148 sq ft
15 York Ter, Lynn, MA 01904
SOLD AUG 27, 2026
$480,000
D
2 beds1 bath1,032 sq ft
391 Lynnfield St, Lynn, MA 01904
SOLD JUL 14, 2026
$620,000
E
3 beds1.5 baths1,700 sq ft
836 Lynnfield St, Lynnfield, MA 01940
SOLD AUG 24, 2026
$590,000
F
4 beds1 bath1,501 sq ft
367 Lynnfield St, Peabody, MA 01960

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Sell

$431,237

Est. take-home

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Est. cash available

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Rent

$2,030/mo

Redfin rental estimate

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Market trends in 01940, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.4%

+0.5% MoM

Median sale price

$1.1M

$25K MoM

Avg. days on market

22d

0 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN TODAY, 12PM TO 1:30PM
$798,000
2 beds1 bath1,595 sq ft
1 Standish Rd, Lynnfield, MA 01940
OPEN TODAY, 11AM TO 1PM
$639,900
2 beds2.5 baths1,740 sq ft
1200 Salem St #165, Lynnfield, MA 01940
$599,999
2 beds2.5 baths1,300 sq ft
1100 Salem St #96, Lynnfield, MA 01940
OPEN TODAY, 10AM TO 11:30AM
$899,000
3 beds2 baths1,676 sq ft
20 Parsons Ave, Lynnfield, MA 01940
EARLY ACCESS
$835,000
3 beds3 baths1,900 sq ft
900 Lynnfield St #6, Lynnfield, MA 01940
$2,999,000
5 beds4.5 baths7,806 sq ft
4 Haywood Farm, Lynnfield, MA 01940
$927,000
4 beds2 baths2,215 sq ft
12 Carpenter Rd, Lynnfield, MA 01940
$899,000
3 beds3 baths2,076 sq ft
1200 Salem St #119, Lynnfield, MA 01940
$1,599,000
4 beds3.5 baths4,529 sq ft
5 Green Meadow Dr, Lynnfield, MA 01940
See all

Provided by Redfin

Sale history for 5 Lookout Ter

Date

Event

Price

MLS PIN #71722434

Oct 2, 2014

Sold

$338,000

$308/sq ft

Aug 7, 2014

Contingent

—

Jul 31, 2014

Listed

$345,000

$315/sq ft

MLS PIN #70422055

Jan 5, 2007

Sold

$260,000

$237/sq ft

Dec 9, 2006

Listing Removed

—

Jul 12, 2006

Listed

$309,900

$283/sq ft

*OPEN HOUSE*11/12*1:30-3:00*Great opportunity for first time home buyer or someone looking to down size.This charming 2 bedroom bungalow with hardwood floors thru out. The front room opens to a beautiful fireplaced living area with high ceilings and natural woodwork. Built in china cabinet in the dining area adds to the charm.The back yard is a gardners delight,private bright and sunny. The property is connected to the Lynn sewer system.( no septic)

Year

Property tax

Land + Additions

Assessment*

2023

$5,746 (+9.1%)

$332,100 + $176,400

$508,500

2022

$5,267 (−2.8%)

$300,500 + $138,800

$439,300

2021

$5,417 (+4.1%)

$278,400 + $129,800

$408,200

2020

$5,203 (+7.2%)

$251,200 + $122,600

$373,800

2019

$4,852 (+1.1%)

$226,200 + $122,600

$348,800

2018

$4,799 (+6.1%)

$226,200 + $122,600

$348,800

2017

$4,523 (−1.7%)

$205,600 + $122,600

$328,200

2016

$4,602 (+7.5%)

$205,600 + $111,800

$317,400

2015

$4,279 (−1.9%)

$183,500 + $111,800

$295,300

2014

$4,362 (+4.2%)

$183,500 + $111,800

$295,300

2013

$4,188 (−2.6%)

$170,800 + $111,800

$282,600

2012

$4,301 (+34.2%)

$189,800 + $111,800

$301,600

2011

$3,205 (+3.8%)

$176,900 + $60,700

$237,600

2010

$3,089 (+8.2%)

$186,800 + $53,800

$240,600

2009

$2,856

$196,700 + $57,400

$254,100

Tax history for 5 Lookout Ter

Year

Property tax

Land + Additions

Assessment*

2023

$5,746 (+9.1%)

$332,100 + $176,400

$508,500

2022

$5,267 (−2.8%)

$300,500 + $138,800

$439,300

2021

$5,417 (+4.1%)

$278,400 + $129,800

$408,200

2020

$5,203 (+7.2%)

$251,200 + $122,600

$373,800

2019

$4,852 (+1.1%)

$226,200 + $122,600

$348,800

2018

$4,799 (+6.1%)

$226,200 + $122,600

$348,800

2017

$4,523 (−1.7%)

$205,600 + $122,600

$328,200

2016

$4,602 (+7.5%)

$205,600 + $111,800

$317,400

2015

$4,279 (−1.9%)

$183,500 + $111,800

$295,300

2014

$4,362 (+4.2%)

$183,500 + $111,800

$295,300

2013

$4,188 (−2.6%)

$170,800 + $111,800

$282,600

2012

$4,301 (+34.2%)

$189,800 + $111,800

$301,600

2011

$3,205 (+3.8%)

$176,900 + $60,700

$237,600

2010

$3,089 (+8.2%)

$186,800 + $53,800

$240,600

2009

$2,856

$196,700 + $57,400

$254,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,148 Sq. Ft.

Year renovated

—

Sq. Ft.

1,096

Year built

1928

Style

Single Family Residential

County

Essex County

APN

1984089

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 2
AttachedGarageYN: Yes
Parking Features: Attached, Paved Drive, Paved

Interior

Master Bedroom Information
Level: First
Features: Flooring - Hardwood

Bedroom #2 Information
Level: First
Features: Flooring - Hardwood

Bathroom Information
# of Bathrooms (Full): 1

Bathroom #1 Information
Level: First
Features: Bathroom - Full,Flooring - Stone/Ceramic Tile

Living Room Information
Area: 216
Length: 12
Width: 18
Level: First
Features: Flooring - Hardwood,Open Floorplan

Dining Room Information
Area: 156
Length: 12
Width: 13
Level: First
Features: Flooring - Hardwood,Open Floorplan

Kitchen Information
Area: 240
Length: 10
Width: 24
Level: First
Features: Flooring - Hardwood,Pantry,Countertops - Stone/Granite/Solid,Breakfast Bar / Nook,Open Floorplan,Recessed Lighting

Basement Information
Basement: Full

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Fireplace Features: Living Room

Interior Features
# of Rooms (Total): 5
Flooring: Tile, Hardwood

Exterior

Building Information
Building Area (Total): 1,096
Foundation Details: Stone
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Actual
Color: Beige

Exterior Features
Roof: Shingle
Patio And Porch Features: Porch
Exterior Features: Porch

Property Information
PropertySubType: Single Family Residence

Lot Information
Lot Size (Acres): 0.21
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $4,362
Tax Year: 2014

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Heating
Has Cooling
Heating: Steam, Oil
Cooling: Window Unit(s)

Location

Location Information
Directions: Salem Street to Lookout Terrace.
UnparsedAddress: 5 Lookout Ter, Lynnfield MA 01940

Community Information
Senior CommunityYN: No
Community Features: Shopping, Tennis Court(s), Park, Golf, Highway Access, Public School

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,096
Stories: 1.0
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1928
Year Renovated: —
County: Essex County
APN: 1984089

Home facts updated by county records on Jul 20, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Huckleberry Hill School

Public K-4 • Assigned • 1.9mi

7/10

Lynnfield Middle School

Public 5-8 • Assigned • 3.7mi

8/10

Lynnfield High School

Public 9-12 • Assigned • 3.0mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 98° expected this year, 15 days in 30 years

6/10 Wind Factor

65% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Lynnfield, MA • 01940

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$630,000 – $763,000

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Home values near 5 Lookout Ter

Data from public records.

Address	Redfin Estimate
9 Lookout Terrace, Lynnfield, MA 6 Beds \| 3 Baths \| 3011 Sq. Ft.	$1,037,464
8 Lookout Terrace, Lynnfield, MA 3 Beds \| 1 Baths \| - Sq. Ft.	$810,964

Address	Redfin Estimate
11 Lookout Terrace, Lynnfield, MA 3 Beds \| 1.5 Baths \| 1881 Sq. Ft.	$857,863
8 Ashwood Road, Lynn, MA 4 Beds \| 2 Baths \| 1852 Sq. Ft.	$677,507

Address	Redfin Estimate
4 Lookout Terrace, Lynnfield, MA 2 Beds \| 1 Baths \| 1003 Sq. Ft.	$668,519
858 Lynnfield Street, Lynnfield, MA 5 Beds \| 3.5 Baths \| 4624 Sq. Ft.	$1,411,773

Property information provided by MLS PIN when last listed in 2014. This data may not match . Learn more.

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