NOT LISTED FOR SALE

Estimated Value: $613,000 - $669,491

4 Beds
3 Baths
1,844 Sq Ft
$352/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $635,000 $344 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,032/month

3 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Window Unit Cooling System
  • Deck
  • Wood Flooring
  • Park

About This Home

As of August 2024

Investors, we present an exceptional opportunity: an impressive two-family property with four bedrooms, three bathrooms, two levels, and a partially finished basement. This property holds immense potential for expansion, making it an excellent addition to your rental portfolio. Alternatively, you can choose to occupy one unit and generate rental income from the other. The possibilities are boundless, and we urge you not to let this opportunity slip away. We cordially invite you to our open house this weekend.

Last Agent to Sell the Property

Fernando Perez

Cameron Real Estate Group Listed on: 05/16/2024

Cameron Real Estate Group

Last Buyer's Agent

Ryan Newhall

Newhall Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,969

Year Built

  • Built in 1910

Lot Details

  • 3,112 Sq Ft Lot
  • Waterfront

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partially Finished Basement
  • Partial Basement
  • Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hood Elementary School
  • Lynn Public Middle School
  • Lynn Vocational High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $1,300
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:097 B:497 L:007,1999477

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Coin Laundry
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,969

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s), Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial, Partially Finished
  • Living Area: 1844
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 341.65
  • PRICE PER Sq Ft: 344.36
  • MAIN SO: AN1222

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Electric, Natural Gas, Baseboard
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Laundromat, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:097 B:497 L:007,1999477
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3112
  • Lot Size Units: Acres
  • PAGE: 454
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5969
  • Tax Book Number: 19830

Multi Family

  • Gross Income: 15600
  • Net Operating Income: 15600
  • Number Of Units Total: 2
  • Total Actual Rent: 1300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Lynn Vocational
  • Elementary School: Hood Elementary
  • Middle Or Junior School: Lynn Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2002
Sold by
Maka Peter
Bought by
Hernandez Trinidad A and Hernandez Edelmira T
Current Estimated Value
$648,873

Purchase Details

Closed on
Dec 18, 1998
Sold by
Rogers Robert F
Bought by
Maka Peter
Source: Public Records

Range of Values:

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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
Hernandez Trinidad A $249,000 --
Hernandez Trinidad A $249,000 --
Maka Peter $82,000 --
Rogers Robert F $70,000 --
Maka Peter $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adeniyi Advania W $595,237
Closed Adeniyi Advania W $595,237
Closed Randazzo Raymond $325,000
Closed Randazzo Raymond $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $635,000 +0.8% $344 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $629,999 -- $342 / 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 $6,290 $607,180 $181,300 $425,880
2024 $5,969 $566,900 $172,600 $394,300
2023 $5,967 $535,200 $168,300 $366,900
2022 $5,975 $480,700 $140,400 $340,300
2021 $5,531 $424,500 $121,100 $303,400
2020 $5,155 $384,700 $114,400 $270,300
2019 $5,002 $349,800 $107,000 $242,800
2018 $4,686 $309,300 $104,200 $205,100
2017 $4,416 $283,100 $92,000 $191,100
2016 $4,051 $250,400 $81,400 $169,000
2015 $3,754 $224,100 $73,900 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73238939

MLS Property Information Network (MLS PIN)

APN: LYNN-000097-000497-000007