$975,000
SOLD JUN 6, 2024
6 Beds
3 Baths
3,132 Sq Ft
3,803 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

9% Above List Price

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

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
  • 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
Total Days on Market
11
Current Estimated Value
$1,010,311

Purchase Details

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

Purchase Details

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

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
Stand Alone Refi Refinance Of Original Loan

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
Stand Alone Refi Refinance Of Original Loan

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

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $517,500 --
Deed $517,500 --
Deed $342,000 --
Deed $342,000 --
Deed $205,000 --
Deed $205,000 --
Deed $123,000 --
Deed $123,000 --
Deed $45,500 --
Deed $45,500 --
Foreclosure Deed $81,900 --
Foreclosure Deed $81,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $731,250 Purchase Money Mortgage
Closed $731,250 Purchase Money Mortgage
Previous Owner $430,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $386,390 No Value Available
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

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

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73204317

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000587-000014