Seller's Agent in 2022
The Movement Group
Compass
(781) 854-1624
2 in this area
332 Total Sales
109 Memorial Park Ave Lynn, MA 01902
Lynn English NeighborhoodEstimated Value: $730,000 - $963,000
6
Beds
3
Baths
3,135
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Tennis Courts
- Deck
- Wood Flooring
- 1-minute walk to Keaney Park
About This Home
As of November 2022Spacious 3 family home in a great location; ideal for any savvy buyer/investor looking to generate passive income and build wealth. Each level consists of convenient floor plans with at least 2 bedrooms, 1 bathroom, flexible living space, and private decks! The fenced in yard is perfect for family gatherings and letting your dogs run freely. Off-street parking spaces for up to seven-eight cars! Nicely located in a desirable East Lynn neighborhood. This property works perfectly for investors and/or owner-occupants. Don't miss this opportunity and book your private showings today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,214
Year Built
- Built in 1910
Lot Details
- 4,238 Sq Ft Lot
Home Design
- Triplex
- Brick Foundation
- Frame Construction
- Tar and Gravel Roof
Interior Spaces
- 3,135 Sq Ft Home
- Insulated Windows
- Unfinished Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 8 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,350
- Assessor Parcel Number M:084 B:499 L:021,1999550
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
Building Details
- Net Operating Income $18,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2009
Sold by
Department Of Housing & Urban Dev
Bought by
Suarez Miguel D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,700
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 7, 2009
Sold by
Phh Mortgage Corp
Bought by
Department Of Housing & Urban Dev
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Suarez Miguel D | $210,000 | -- | |
| Department Of Housing & Urban Dev | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montoya John | $576,000 | |
| Previous Owner | Gomez-Soto Sady M | $412,392 | |
| Previous Owner | Department Of Housing & Urban Dev | $161,700 | |
| Previous Owner | Department Of Housing & Urban Dev | $42,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2022 11/10/22 | Sold | $768,000 | +5.2% | $245 / Sq Ft |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 09/21/2022 09/21/22 | For Sale | $729,999 | -- | $233 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,805 | $753,400 | $197,300 | $556,100 |
| 2024 | $7,769 | $737,800 | $187,900 | $549,900 |
| 2023 | $7,368 | $660,800 | $183,200 | $477,600 |
| 2022 | $7,214 | $580,400 | $152,800 | $427,600 |
| 2021 | $6,796 | $521,600 | $131,800 | $389,800 |
| 2020 | $6,475 | $483,200 | $124,500 | $358,700 |
| 2019 | $6,315 | $441,600 | $116,400 | $325,200 |
| 2018 | $5,910 | $390,100 | $113,400 | $276,700 |
| 2017 | $5,604 | $359,200 | $100,100 | $259,100 |
| 2016 | $5,186 | $320,500 | $88,600 | $231,900 |
| 2015 | $4,680 | $279,400 | $80,500 | $198,900 |
Source: Public Records
Agents Affiliated with this Home
-
The Movement Group
-
Juan Rodriguez
Seller Co-Listing Agent in 2022
Juan Rodriguez
Compass
(781) 417-9786
1 in this area
11 Total Sales
-
Arthur Martiroso
Buyer's Agent in 2022
Arthur Martiroso
Keller Williams Realty
(617) 340-9135
2 in this area
212 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73039353
APN: LYNN-000084-000499-000021
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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