NOT LISTED FOR SALE

Estimated Value: $803,000 - $996,778

8 Beds
3 Baths
3,753 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $840,000 $224 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,670/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Tandem Parking
  • Deck
  • Wood Flooring
  • Shops

About This Home

As of August 2022

Great opportunity for First time home buyers or investors ! This well maintained 3/family property is very well located, featuring 3 very good size bedrooms in 2 units, living room, kitchen and a bathroom and 1 unit with 2 bedrooms living room, dining room, kitchen and a bathroom with many recent upgrades in kitchens and bathroom. Central Heating system. Ample kitchen in all 3 units. Convenient located, close to Lynn English High School and to Flax Playground and Lynn English High School, public transportation, shopping, restaurants. Short distance to the historic City of Salem. Paved drive way can accommodate 3 cars. Easy access to RT 1A and 129. Just 22 minutes to Boston Logan Airport and Downtown Boston. Excellent tenants in unit 2 and 3 would like to stay. Sellers unit will be delivered vacant and in broom condition. First showing starts at the open house on Saturday July 9 and Sunday July 10th from 11 am to 1 p.m.

Last Agent to Sell the Property

Liliana Delgado

Cameron Real Estate Group Listed on: 07/06/2022

Cameron Real Estate Group

Last Buyer's Agent

Suman Mahara

oNest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,191

Year Built

  • Built in 1900

Lot Details

  • 2,494 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,753 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,600
  • Assessor Parcel Number M:053 B:718 L:022,2005580

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,191

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3753
  • Stories Total: 6
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 211.83
  • PRICE PER Sq Ft: 223.82
  • MAIN SO: AN6926

Exterior Features

  • Construction Materials: Frame, Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck - Wood
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School

Lot Info

  • Parcel Number: M:053 B:718 L:022,2005580
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2494
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8191
  • Tax Book Number: 0

Multi Family

  • Gross Income: 43200
  • Net Operating Income: 43200
  • Number Of Units Total: 3
  • Total Actual Rent: 3600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2013
Sold by
Department Of Housing & Urban Dev
Bought by
Sorto Nelson
Current Estimated Value
$918,445

Purchase Details

Closed on
Jul 16, 2013
Sold by
Sun T Mortgage Inc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Apr 13, 2010
Sold by
Ready Juliana and Suntrust Mortgage Inc
Bought by
Sunturst Mortgage Inc

Purchase Details

Closed on
Dec 15, 2000
Sold by
Lim Kimberly
Bought by
Ready Juliana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,426
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sorto Nelson $201,100 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Sunturst Mortgage Inc $245,995 --
Sunturst Mortgage Inc $245,995 --
Ready Juliana E $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kishor Duwal $630,000
Closed Kishor Duwal $630,000
Closed Bonilla Moises A $490,943
Previous Owner Ready Juliana E $12,686
Previous Owner Ready Juliana E $224,822
Previous Owner Ready Juliana E $178,426
Previous Owner Ducharme Kathie A $48,000
Previous Owner Ducharme Kathie A $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $840,000 +5.7% $224 / Sq Ft
07/26/2022 07/26/22 Off Market $795,000 -- --
07/10/2022 07/10/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $795,000 -- $212 / 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 $8,462 $816,800 $182,800 $634,000
2024 $8,461 $803,500 $176,300 $627,200
2023 $8,202 $735,600 $138,900 $596,700
2022 $8,191 $659,000 $125,500 $533,500
2021 $7,779 $597,000 $111,300 $485,700
2020 $7,387 $551,300 $104,800 $446,500
2019 $7,046 $492,700 $88,500 $404,200
2018 $5,845 $385,800 $87,700 $298,100
2017 $5,632 $361,000 $77,200 $283,800
2016 $5,030 $310,900 $58,100 $252,800
2015 $4,528 $270,300 $55,200 $215,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73007778

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000718-000022