NOT LISTED FOR SALE

1 Rita Terrace Lynn, MA 01902

Chatham Street Neighborhood

Estimated Value: $494,000 - $549,000

3 Beds
2 Baths
912 Sq Ft
$577/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $245,000 $269 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,227/month

48 Days on Market

About This Home

As of February 2016

Nothing to do, but to move in. Two full new bathrooms, three bedroom, plus a huge finish basement, new roof , big yard, and much more. Come to take a look, you wont be disappointed.

Last Agent to Sell the Property

Rosa Martinez

Hacienda Realty Listed on: 12/15/2015

Last Buyer's Agent

Steven Koutrakis

Clements Realty Group License #454005106

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,080

Year Built

1950

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Private School, Public School
  • Flooring: Tile, Hardwood
  • Basement: Finished

Exterior Features

  • Construction: Frame
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Cooling: Other (See Remarks)
  • Heating: Gas
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: M:095 B:481 L:038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 26, 2016
Sold by
Solares Sergio
Bought by
Waterman-Williams R
Seller's Agent
Rosa Martinez
Hacienda Realty
Buyer's Agent
Steven Koutrakis
Clements Realty Group
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$526,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,373
Avg. Annual Appreciation
7.66%
Original Mortgage
$237,600
Outstanding Balance
$190,231
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$306,140

Purchase Details

Listed on
Oct 2, 2015
Closed on
Oct 29, 2015
Sold by
Borres John J Est
Bought by
Solares Sergio
Seller's Agent
Eileen Jonah
Century 21 North East
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$138,000
Sold Price
$150,000
Premium/Discount to List
$12,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
342.26%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Gaynor Colin M and Gaynor Tara
Bought by
Borres John J

Purchase Details

Closed on
Sep 1, 1995
Sold by
Fhlmc
Bought by
Gaynor Colin M and Gaynor Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,953
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1995
Sold by
Cliffe Maurice and Cliffe Fhlmc
Bought by
Fhlmc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waterman-Williams R $245,000 --
Solares Sergio $150,000 --
Borres John J $103,000 --
Gaynor Colin M $56,500 --
Fhlmc $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterman-Williams R $100,000
Open Waterman-Williams R $237,600
Previous Owner Cliffe Maurice J $82,000
Previous Owner Cliffe Maurice J $81,697
Previous Owner Cliffe Maurice J $56,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $245,000 -2.0% $269 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $249,900 +66.6% $274 / Sq Ft
10/30/2015 10/30/15 Sold $150,000 +8.7% $164 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $138,000 -- $151 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,080 $490,300 $189,000 $301,300
2024 $4,768 $452,800 $179,900 $272,900
2023 $4,651 $417,100 $175,400 $241,700
2022 $4,455 $358,400 $154,000 $204,400
2021 $3,986 $305,900 $119,600 $186,300
2020 $3,930 $293,300 $113,000 $180,300
2019 $3,882 $271,500 $105,600 $165,900
2018 $3,744 $247,100 $102,900 $144,200
2017 $3,713 $238,000 $101,000 $137,000
2016 $2,995 $185,100 $80,400 $104,700
2015 $2,829 $168,900 $77,100 $91,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rosa Martinez

    Hacienda Realty

    Section Image

  • S

    Buyer's Agent in 2016

    Steven Koutrakis

    Clements Realty Group

  • Eileen Jonah

    Seller's Agent in 2015

    Eileen Jonah

    Century 21 North East

    (781) 718-7665

    3 in this area

    108 Total Sales

    Eileen Jonah
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71941462

MLS Property Information Network (MLS PIN)

APN: LYNN-000095-000481-000038

Massachusetts Essex County Lynn 01902 Chatham Street

1 Rita Terrace, Lynn, MA

This home is located at 1 Rita Terrace, Lynn, MA 01902 since 15 December 2015 and is currently estimated at $526,373, approximately $577 per square foot. This property was built in 1950. 1 Rita Terrace is a home located in Essex County with nearby schools including Ingalls Elementary School, William R. Fallon School, and Marshall Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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