502 Chestnut St, Lynn, MA 01902 Property Records

Essex County and Lynn City property record for 502 Chestnut St, Lynn, MA 01902

Property Summary

Property Type	Single Family Home
Details	2 bd · 2 ba · 1,465 sqft · built 1997
Lot Size	0.154 acres (6,726 sqft)
Owner	2 Trust Names on File
Last Sale	$430,000 (Aug 2020)
Tax Bill	$5,331 (2025)
Deeds & Mortgages	Oct 2020 Transfer Aug 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`B:085 L:686 S:005`

Property Details

APN / Parcel Number

Primary APN	`B:085 L:686 S:005`
Alternative APN	`LYNN M:085 B:686 L:005`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Total Rooms	4 Rooms
Stories	1 Story
Building Area	1,465 sqft Living Area
Gross Area	2,533 sqft
Basement Area	837 sqft
Unfinished Basement	837 sqft

Exterior

Year Built	Built 1997
Effective Year Built	Effective 1997
Architectural Style	Other
Exterior Material	Wood Siding
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	6,726 sqft (0.154 acres)

Utilities, Heating & Cooling

Heating System	Hot Water
Heating Fuel	Gas

Location & Zoning

Street Address	502 CHESTNUT ST
City	LYNN
State	MA
Zip	01902-2747
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R2
Legal Block	686
Legal Lot Number	5
Jurisdiction	LYNN MA
Township / Civil Division	LYNN
Census Block Group	4
Census Block	4004
Census Tract	205200

Owner

502 Chestnut St is owner-occupied and held in a trust since October 2020.

Source: Essex County and Lynn City records, as of July 20, 2026

Owner of Record	2 Trust Names on File
Mailing Address	502 CHESTNUT ST, LYNN, MA 01902-2747
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Trust

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 9, 2020	Quit Claim Deed, Transfer NOT AVAILABLE
Aug 31, 2020	Quit Claim Deed, Transfer · Stand-Alone First Mortgage RESIDENTIAL MORTGAGE SERVICES

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 31, 2020 · Amount on File
Deed Sale	Aug 31, 2020 · Amount on File
Prior Sale	May 21, 1997 · Amount on File
Deed Book / Page	38884 / 366
Last Transfer Date	Oct 6, 2020
Transfer Doc	39041-455
Record Updated	Oct 29, 2026

October 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	LYNN MA
Recording Date	Oct 9, 2020
Property Address	502 CHESTNUT ST, LYNN, MA 01902-2747
Document Number	39041-455
Book / Page	039041 / 000455
Instrument Date	Oct 6, 2020
Instrument	9005060
Transaction Type	Transfer
Record Updated	Oct 27, 2020
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	502 CHESTNUT ST LYNN MA 019022747, LYNN, MA 01902-2747

August 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	LYNN MA
Recording Date	Aug 31, 2020
Property Address	502 CHESTNUT ST, LYNN, MA 01902-2747
Document Number	38884-366
Book / Page	38884 / 366
Instrument Date	Aug 31, 2020
Instrument	20200831004930
Transaction Type	Transfer
Record Updated	May 12, 2021

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	502 CHESTNUT ST, LYNN, MA 01902-2747

Mortgage

Document Number	200831004940
Date	Aug 31, 2020
Instrument	200831004940

Lender

Name	RESIDENTIAL MORTGAGE SERVICES
Type	Mortgage Company

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 502 Chestnut St was $5,331, down 3.2% from the year before.

Source: Essex County and Lynn City assessment roll, as of April 14, 2026

Property Jurisdictions

Type	Name
State	Massachusetts
County	Essex County
Municipality	Lynn City
Unified School District	Lynn School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,331.00 (-3.2%)	$514,600 (-1.61%) Land $201,500 Building $313,100	$520,695
2024	$5,507.00 (-8.95%)	$523,000 (-3.58%) Land $181,900 Building $341,100
2023	$6,048.00	$542,400 Land $181,900 Building $360,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 502 Chestnut St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective July 10, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 502 Chestnut St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	LYNN WATER AND SEWER COMM serves 101,253 people · EPA ID MA3163000
Water Source	Surface water
Last State Inspection	Nov 2023
Lead	2 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 992 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Xfinity Cable	2,000 / 2,000
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Starry.

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