103 New Park St Lynn, MA 01905
Pine Hill Neighborhood
6
Beds
3
Baths
3,606
Sq Ft
5,227
Sq Ft Lot
Highlights
- Deck
- Patio
- 3-minute walk to Jenkins Park
- Porch
- Hot Water Heating System
About This Home
As of November 2024Property is being offered via Real Estate Auction on Wednesday, October 9, 2024 at 11am on-site. The actual selling price will be determined auction day. List price/estimated value seen is set at the real estate tax assessment. Pre-auction offers must be presented on the auction P&S and are subject to seller confirmation. 10% Buyer's Premium applies. Income Property - 3,605+/- sf 3-Family Home on .124+/- ac. w/ Yard & Off-Street Parking. Handicap accessible to 2nd floor with front ramp & chair climber to 2nd floor which is vacant for immediate occupancy. 1st & 3rd floors occupied by 30-day T-A-W. Close to the intersection of Forest St & N Franklin St. Near shopping, restaurants & parks. Easy access to bus, Routes 1, 107 & I-95. 1+/- mile to MBTA station, North Shore Community College & Lynn Heritage State Park, 2+/- miles to Lynn Beach, 4+/- miles to Nahant. RE TAX ASSESSMENT: $869,100; INCOME: See Property Info Package; SITE: .124+/- acre with fenced back yard & 2 sheds; FRONTAGE: 50+/- ft; DRIVEWAY: 3+/- parking spaces & more on paved area behind back yard gate; DESIGN: 3-story 3-family 6 BR, 3 BA home built circa 1915 on brick foundation; RENOVATIONS: Vinyl siding, roof (6-8+/- years), 2nd FL upgraded in 2020 with back deck & expanded kitchen, 2 water heaters (3+/- years); GROSS BUILDING AREA: 5,562+/- sf; GROSS FINISH AREA: 3,606+/- sf; 1ST FL UNIT: 2 BR, BA, kitchen, pantry/laundry, LR, front room, bay window, front & back porches; 2ND FL UNIT: 2 BR, BA, kitchen, pantry/laundry, LR/front room, bay window, front porch, back deck; 3RD FL UNIT: 2 BR, BA kitchen, pantry/laundry, front room, cubby, bay window, attic; BASEMENT: 1,249+/- sf full unfinished with concrete floor; HEAT: Gas-fired forced hot water, 3 furnaces (6-8+/- years); UTILITIES: City water & sewer, separately metered gas & electric; LEGAL REF.: Essex South County 37236/3; PARCEL ID: 055-208-016; ZONING: R2
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,208
Year Built
- Built in 1915
Lot Details
- 5,227 Sq Ft Lot
Parking
- Driveway
Home Design
- Triplex
Interior Spaces
- 3,606 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Auction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2024
Closed on
Nov 14, 2024
Sold by
Luis Ft and Lewis
Bought by
Capela Antonio and Capela Manuel
Seller's Agent
Justin Manning
JJManning Auctioneers
Buyer's Agent
Non-Member Agent
Non-Member Office
List Price
$869,100
Sold Price
$759,000
Premium/Discount to List
-$110,100
-12.67%
Total Days on Market
27
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,867
Avg. Annual Appreciation
1.63%
Original Mortgage
$569,250
Outstanding Balance
$566,453
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,714
Purchase Details
Closed on
Aug 31, 2018
Sold by
Lewis Delores and Lewis Dolores
Bought by
Luis Ft and Lewis
Purchase Details
Closed on
Jun 1, 1979
Bought by
Luis Jose and Luis Delores
Map
Create a Home Valuation Report for This Property
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Similar Homes in Lynn, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $759,000 | None Available | |
| Fiduciary Deed | $759,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $42,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $569,250 | Purchase Money Mortgage | |
| Closed | $569,250 | Purchase Money Mortgage | |
| Previous Owner | $65,000 | No Value Available | |
| Previous Owner | $29,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2024 11/16/24 | Off Market | $869,100 | -- | -- |
| 11/15/2024 11/15/24 | Sold | $759,000 | -12.7% | $210 / Sq Ft |
| 10/09/2024 10/09/24 | Pending | -- | -- | -- |
| 09/12/2024 09/12/24 | For Sale | $869,100 | -- | $241 / Sq Ft |
Source: My State MLS
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 | $9,208 | $888,800 | $197,800 | $691,000 |
| 2024 | $9,152 | $869,100 | $185,800 | $683,300 |
| 2023 | $8,800 | $789,200 | $180,100 | $609,100 |
| 2022 | $8,834 | $710,700 | $166,800 | $543,900 |
| 2021 | $8,529 | $654,600 | $160,200 | $494,400 |
| 2020 | $7,973 | $595,000 | $141,100 | $453,900 |
| 2019 | $7,516 | $525,600 | $115,500 | $410,100 |
| 2018 | $6,708 | $442,800 | $96,000 | $346,800 |
| 2017 | $6,780 | $434,600 | $81,400 | $353,200 |
| 2016 | $6,265 | $387,200 | $72,600 | $314,600 |
| 2015 | $5,618 | $335,400 | $67,700 | $267,700 |
Source: Public Records
Source: My State MLS
MLS Number: 11342386
APN: LYNN-000055-000208-000016
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