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2 Russell Rd, Lynnfield, MA, 01940

4beds
3baths
2,558sqft
$1,549,000
$606price/sqft
$10,102/moest. monthly cost
$404,080/yrincome needed

About This Home

Stately Georgian Colonial in prime Lynnfield location! Front to back fireplaced living room and formal dining room. White kitchen with granite counters, stainless appliances, and spacious separate eating area overlooking yard. First floor family room with built ins, brick fireplace and slider to patio. Second floor consists of 4 bedrooms all with hardwood floors. Primary bedroom is also front to back with great closet space and full bath. Lower level has more potential finished with handmade bar, wine area and great storage space. Home is situated on acre lot with circular drive and beautiful landscaping. Inground pool with new decking, gazebo, shed and 2 car garage. Excellent home, beautiful yard and great location.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

8/10
Lynnfield Middle SchoolGrades 5-80.7 mi
9/10
Lynnfield High SchoolGrades 9-121.4 mi
9/10
Summer Street SchoolGrades K-41.3 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Freezer
  • Laundry features: First Floor

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Interior Entry,Bulkhead,Concrete

Bathroom1

  • Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Level: First
  • Area: 18.29

Bathroom2

  • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Double Vanity
  • Level: Second
  • Area: 53.325

Bathroom3

  • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity
  • Level: Second
  • Area: 110.322099999

Bedroom2

  • Features: Closet, Flooring - Hardwood
  • Level: Second
  • Area: 146.32

Bedroom3

  • Features: Closet, Flooring - Hardwood
  • Level: Second
  • Area: 121.1

Bedroom4

  • Features: Closet, Flooring - Hardwood
  • Level: Second
  • Area: 166.16

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood, Window(s) - Picture, Crown Molding
  • Level: First
  • Area: 166.16

Family Room

  • Features: Exterior Access, Slider
  • Level: First

Features

  • Closet,Entrance Foyer,Play Room,Central Vacuum
  • Flooring: Wood,Tile,Carpet,Flooring - Hardwood,Concrete
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Finished area below ground: 940
  • Finished area above ground: 2,558

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,558
  • Total interior livable area: 2,558 sqft

Kitchen

  • Features: Flooring - Stone/Ceramic Tile, Window(s) - Picture, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island
  • Level: First
  • Area: 166.38

Living Room

  • Features: Flooring - Wall to Wall Carpet, Window(s) - Picture, Crown Molding
  • Level: First
  • Area: 336.49

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Level: Second

Property

Details

  • Parcel number: 1980429
  • Zoning: RC

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio
  • Exterior features: Patio,Pool - Inground,Rain Gutters,Storage,Professional Landscaping,Sprinkler System,Decorative Lighting

Lot

  • Lot size: 0.92 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 10
  • Parking features: Attached,Garage Door Opener,Paved Drive,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,832$93,984
Home Insurance *$418$5,016
Property Taxes $1,348$16,176
Electricity $504$6,053
Total$10,102$121,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$346,354/yr
40% on housing$303,060/yr
45% on housing$269,386/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$606This listing

vs Other Active Listings

Avg $/sqft

ZIP 01940$452
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01940$387
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$1,549,000

For Sale by Agent

AgentHelen Bolino
BrokerageBerkshire Hathaway HomeServices Commonwealth Real Estate

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