CCertihomes
5 Melch Rd, Lynnfield, MA 01940

$975,000

3 beds 3 baths 2,600 sqft Built 19555 days on marketActive

About this home

This is a property that checks all the boxes. Located on a nice side street, this 3+ bedroom, 3 bath ranch is newly renovated and offers plenty of room for everyone! Upon entering you will find an enclosed mud room with a custom coat rack & storage. The kitchen features white & gray cabinetry, tile backsplash & flooring, stainless appliances, granite counters & an island. Open to the kitchen is the dining area with windows overlooking the private backyard, deck & in-ground pool. The living room has a fireplace and a large picture window. Up 4 steps are 3 bedrooms and an updated 3/4 bath with a tiled shower. All the hardwoods in main house have been refinished and pickled. The lower level features a huge family room with new flooring & an updated 3/4 tiled bath. Bring the extended family because there is an accessory unit with an additional kitchen, living/ dining room, bedroom, & full bath on the backside of the home. Great for parents, teens or au-pair. Storage in basement & garage.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,587/mo

Real estate (PITI + HOA + PMI)
$6,420
Principal + interest$4,422
Property tax + insurance$1,632
PMI / 2nd mortgage$366
Utilities
$626
Heating + cooling$151
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$6,587/mo TLC
Budget$7,087/mo
Remaining after TLC$500/mo
Purchase price
$975,000
Down payment
$48,750 (5%)
Loan amount
$926,250
APR
4%

Quick facts

Type
Single Family Residence
Style
Ranch
Year built
1955
Lot size
0.34 ac
Stories
0
Heating
Baseboard, Oil
Cooling
Central Air
Water
Public
HOA
Annual tax
$7,843
MLS #
73238091
County
Essex

At a glance

Air conditioning
Fireplace
Basement
Pool
Garage (1)
Dishwasher

Home features

Appliances
Water HeaterRangeDishwasherMicrowaveRefrigeratorStainless Steel Appliance(s)
Interior
Closet/Cabinets - Custom BuiltBreezewayVaulted Ceiling(s)Bathroom - FullBathroom - With Tub & ShowerOpen FloorplanCloset - DoublePeninsulaMud RoomAccessory Apt.BedroomBathroomLiving/Dining Rm ComboKitchen
Exterior
Porch - EnclosedDeckPool - IngroundProfessional Landscaping
Community
ShoppingTennis Court(s)ParkGolfMedical FacilityConservation AreaHighway AccessHouse of WorshipPrivate SchoolPublic SchoolSidewalks
Parking
AttachedGarage Door OpenerStorageWorkshop in GaragePaved DriveOff StreetPaved
Pool
In Ground
Fireplace
Living Room
Kitchen
Flooring - Stone/Ceramic TileCountertops - Stone/Granite/SolidKitchen IslandExterior AccessOpen FloorplanRecessed LightingStainless Steel AppliancesBreezeway
Flooring
Tile, Vinyl, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Roof
Shingle
Sewer
Private Sewer

Schools

Elementary
Huckleberry
Middle
Lms
High
Lhs

Neighborhood — 01940

MetricThis ZIPCountyUSA
Population13,0806,444,931299,088,112
Population Change Since19902.00%7.00%20.00%
Population Density1,252786
Male6,4993,127,134147,432,321
Female6,5813,317,797151,655,844
Never Married2,1671,612,88563,775,926
Married6,9772,586,314123,120,365
Separated157247,85712,639,686
Widowed656363,59415,467,586
Divorced560436,88823,075,029
Number Of House Hold4,5572,431,591111,826,380
Average House Hold Size2.872.562.60
Medial Age43.1537.2535.46
Median House Hold Income$95,121$57,698$48,276
Average House Hold Income$130,838$75,023$63,629
P C I$45,583$29,196$24,529
M D I$73,979$48,105$41,133
A T H E$86,143$57,083$50,898
S T R5.00%5.00%
W C J77.56%81.38%77.74%
(Zip) Code
1940

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 5/15/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.