NOT LISTED FOR SALE

Estimated Value: $844,816 - $1,095,000

6 Beds
3 Baths
3,741 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $450,000 $120 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,489/month

18 Days on Market

About This Home

As of October 2016

Pine Hill Large 3 Family Investment Opportunity! Ideally located just minutes to Route 1 and 95. Each unit features flexible floor plans, with Hardwood Floors throughout, great natural light, soaring high ceilings, currently being used as 3 bedrooms units. 2 newer Forced Air American Standard Gas heating systems, Rubber Roof, 3 newer Hot Water tanks, Vinyl Replacement Windows, All separate Utilities and Coin op Laundry in Basement for extra income. 1 Garage Spot and additional off street parking for 5 cars. Whether you are an Owner Occupant or an Investor looking to add to your portfolio, this building makes sense.

Last Agent to Sell the Property

Steven Belesis

Citylight Homes LLC Listed on: 08/23/2016

Last Buyer's Agent

Dan DelGrosso

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

Multi-Family

Year Built

1904

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1904

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Electric: Circuit Breakers
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Roof: Rubber
  • Exterior: Aluminum
  • Exterior Features: Porch, Deck - Wood
  • Foundation: Brick, Granite

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Improved Driveway
  • Parking Spaces: 7

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:055 B:208 L:021
  • Zoning: R2

Multi Family

  • Heat Units: 3
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 20, 2016
Sold by
Kapeleris George N and Kapeleris Jamie L
Bought by
Dichiara Emilio F
Seller's Agent
Steven Belesis
Citylight Homes LLC
Buyer's Agent
Dan DelGrosso
Coldwell Banker Realty - Lynnfield
List Price
$439,950
Sold Price
$450,000
Premium/Discount to List
$10,050
2.28%
Current Estimated Value
$911,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,454
Avg. Annual Appreciation
7.94%
Original Mortgage
$405,000
Outstanding Balance
$323,602
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$587,852

Purchase Details

Closed on
May 27, 2015
Sold by
Kapeleris George N
Bought by
Kapeleris George N and Kapeleris Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 9, 2013
Sold by
10 Forest Llc
Bought by
Kapeleris George N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2010
Sold by
Koutoulas Pasquale
Bought by
10 Forest Llc

Purchase Details

Closed on
Sep 30, 2003
Sold by
Woghiren David O
Bought by
Okonkwo Rudolf O

Purchase Details

Closed on
Jan 30, 1998
Sold by
Source One Mtg Service
Bought by
Woghiren David O

Purchase Details

Closed on
Jul 21, 1997
Sold by
Keogh Richard D and Source One Mtg Corp
Bought by
Source One Mtg Service

Purchase Details

Closed on
May 15, 1987
Sold by
Garvey Donald
Bought by
Keogh' Richard D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dichiara Emilio F $450,000 --
Kapeleris George N -- --
Kapeleris George N -- --
Kapeleris George N -- --
Kapeleris George N $345,000 --
10 Forest Llc -- --
Koutoulas Pasquale $175,000 --
Koutoulas Pasquale $175,000 --
Okonkwo Rudolf O $420,000 --
Okonkwo Rudolf O $420,000 --
Woghiren David O $117,000 --
Woghiren David O $117,000 --
Source One Mtg Service $89,250 --
Source One Mtg Service $89,250 --
Keogh' Richard D $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dichiara Emilio F $405,000
Closed Dichiara Emilio F $405,000
Previous Owner Kapeleris George N $333,000
Previous Owner Kapeleris George N $338,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2016 10/20/16 Sold $450,000 +2.3% $120 / Sq Ft
09/10/2016 09/10/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $439,950 -- $118 / 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 $8,680 $837,800 $192,700 $645,100
2024 $8,627 $819,300 $181,000 $638,300
2023 $8,312 $745,500 $175,400 $570,100
2022 $8,362 $672,700 $162,500 $510,200
2021 $8,088 $620,700 $156,000 $464,700
2020 $7,570 $564,900 $137,500 $427,400
2019 $7,147 $499,800 $112,500 $387,300
2018 $6,401 $422,500 $93,500 $329,000
2017 $5,816 $372,800 $79,300 $293,500
2016 $5,391 $333,200 $70,700 $262,500
2015 $4,871 $290,800 $65,900 $224,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72057212

MLS Property Information Network (MLS PIN)

APN: LYNN-000055-000208-000021