NOT LISTED FOR SALE

Estimated Value: $959,000 - $1,023,000

6 Beds
3 Baths
3,132 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $975,000 $311 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,250/month

11 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Tennis Courts
  • City View
  • Wood Flooring
  • Park

About This Home

As of June 2024

BUYERS & INVESTORS!!! Welcome to 101 Lynnway! This 3-family home in Lynn's Diamond District offers 3 large, turn-key ready units. Each of the units has 2 bedrooms and 1 full bathroom, as well as a living room, dining room, and kitchen. The first floor unit was fully renovated 2 years ago. The basement includes a shared, coin-op laundry room with washers and dryers, as well as individual storage rooms. All 3 units are currently rented with reliable, long-term tenants. A short walk brings you to Lynn Beach, public transportation, and downtown restaurants and shops! OPEN HOUSE walkthrough Saturday 3/2 at 10am. Please arrive prior to 10am for a private walkthrough starting promptly at 10am.

Last Agent to Sell the Property

David White

OwnerEntry.com Listed on: 02/21/2024

Last Buyer's Agent

Linlet Patel

Tesla Realty Group LLC

Tesla Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,827

Year Built

  • Built in 1909

Lot Details

  • 3,803 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,132 Sq Ft Home
  • City Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Shared Driveway
  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Harrington Elementary School
  • Marshall Middle School
  • English High School

Utilities

  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $5,934
  • Assessor Parcel Number 2002595

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park

Building Details

  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,827

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1909
  • Buyer Agency: 2.0%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3132
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN3697
  • LIST PRICE PER Sq Ft: 285.76
  • PRICE PER Sq Ft: 311.3
  • MAIN SO: AN6978

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • View: City View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, On Street, Other

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Laundromat, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2002595
  • Zoning: r
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3803
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8827
  • Tax Book Number: 0

Multi Family

  • Gross Income: 46800
  • Net Operating Income: 46800
  • Number Of Units Total: 3
  • Total Actual Rent: 5934
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: English
  • Elementary School: Harrington
  • Middle Or Junior School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
101-103 Lynnway Llc
Bought by
101-103 Lynnway Rt and Nardone
Current Estimated Value
$993,670

Purchase Details

Closed on
May 6, 2020
Sold by
Calvani Barry and Nardone Andrew J
Bought by
101 & 103 Lynnway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2020
Sold by
101 & 103 Lynnway Llc
Bought by
Calvani Barry and Nardone Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2019
Sold by
Calvani Barry and Nardone Andrew J
Bought by
101-103 Lynnway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2019
Sold by
Bagley Sean and Calvani Barry
Bought by
Calvani Barry and Nardone Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2004
Sold by
Pacholski Joseph V and Sheehan Margaret M
Bought by
Calvani Barry and Bagley Sean

Purchase Details

Closed on
Jan 31, 2002
Sold by
Castro Nancy E and Castro Gerardo R
Bought by
Pacholski Joseph V and Sheehan Margaret M

Purchase Details

Closed on
Oct 8, 1999
Sold by
Brackett Sean
Bought by
Castro Gerardo R and Castro Nancy E

Purchase Details

Closed on
Apr 29, 1994
Sold by
Lynnway 101 Rt
Bought by
Brackett Sean M

Purchase Details

Closed on
Jul 27, 1993
Sold by
Fnma
Bought by
Lynnway 100 Rt

Purchase Details

Closed on
Jun 25, 1993
Sold by
Spada Louis A
Bought by
Federal National Mortgage Association
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
101-103 Lynnway Rt -- None Available
101-103 Lynnway Rt -- None Available
101 & 103 Lynnway Llc -- None Available
Calvani Barry -- None Available
101-103 Lynnway Llc -- --
101-103 Lynnway Llc -- --
Calvani Barry -- --
Calvani Barry -- --
Calvani Barry -- --
Calvani Barry $517,500 --
Calvani Barry $517,500 --
Pacholski Joseph V $342,000 --
Pacholski Joseph V $342,000 --
Castro Gerardo R $205,000 --
Castro Gerardo R $205,000 --
Brackett Sean M $123,000 --
Brackett Sean M $123,000 --
Lynnway 100 Rt $45,500 --
Lynnway 100 Rt $45,500 --
Federal National Mortgage Association $81,900 --
Federal National Mortgage Association $81,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenn Saw $731,250
Closed Lenn Saw $731,250
Previous Owner Calvani Barry $428,000
Previous Owner Calvani Barry $430,500
Previous Owner Federal National Mortgage Association $386,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $975,000 +8.9% $311 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $895,000 -- $286 / 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 $9,142 $882,400 $184,600 $697,800
2024 $8,826 $838,200 $176,600 $661,600
2023 $8,689 $779,300 $188,900 $590,400
2022 $8,393 $675,200 $147,500 $527,700
2021 $7,831 $601,000 $120,800 $480,200
2020 $7,576 $565,400 $124,200 $441,200
2019 $7,835 $547,900 $148,700 $399,200
2018 $7,819 $516,100 $177,800 $338,300
2017 $7,433 $476,500 $156,200 $320,300
2016 $6,731 $416,000 $130,400 $285,600
2015 $6,248 $373,000 $129,700 $243,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73204317

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000587-000014