NOT LISTED FOR SALE

11 Sachem St Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $862,000 - $920,000

7 Beds
3 Baths
3,221 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $515,000 $160 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,360/month

7 Days on Market

About This Home

As of September 2017

Great investment opportunity or owner occupied 3 family in Lynn's desirable Diamond District, only blocks away from the beach, Commuter Rail, Rt. 1A, MBTA, and North Shore Community College! Property has been updated to include new kitchens, combination of new hardwood floors/ceramic tiling/carpets throughout, new fixtures, and all units are freshly painted. Each unit has good sized bedrooms, lots of natural sunlight, newer windows and separate utilities! Extra storage space in the basement and hookups for laundry. Updated Electric. Roof is also newer in the last few years. Current owner has the property fully tenanted at top rents for solid cash flow for an investor. New owner will collect income on day 1! No showings until Open Houses Thursday, July 13th 5:30 PM to 6:30 PM and Sunday, July 16th 11:00 AM to 12:00 PM.

Last Agent to Sell the Property

Connolly Gallo Team

RE/MAX 360 Listed on: 07/10/2017

RE/MAX 360

Last Buyer's Agent

Katie DiVirgilio

RE/MAX 360

RE/MAX 360

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Easements
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat
  • Electric: 200 Amps
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Basement: Interior Access, Bulkhead, Unfinished Basement
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: AN1441
  • Main So: C58300
  • Estimated Sq Ft: 3221.00

Exterior Features

  • Exterior: Vinyl
  • Foundation: Fieldstone, Brick
  • Beach: Walk to
  • Beach Ownership: Public

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:081 B:582 L:023
  • Zoning: R5
  • Acre: 0.05
  • Lot Size: 2153.00

Multi Family

  • Appliances Common: Range, Refrigerator
  • Cooling Common: None
  • Heating Common: Gas
  • Heat Units: 3
  • Interior Features Common: Cable TV Available
  • Total Bedrooms: 7
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 13
  • Total Rent_1: 4625
  • Multi Family Type: 3 Family - 3 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2025
Sold by
Joie Ford Llc
Bought by
11 Sachem St-Jamglt Llc
Current Estimated Value
$882,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Outstanding Balance
$651,367
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$231,506

Purchase Details

Closed on
May 9, 2024
Sold by
Ativie Cecilia O and Ativie Leonard O
Bought by
Joie Ford Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 10, 2017
Closed on
Sep 15, 2017
Sold by
Elouche Akram
Bought by
Onehireba-Ativie Leonard and Omotolani-Ativie Cecilia
Seller's Agent
Connolly Gallo Team
RE/MAX 360
Buyer's Agent
Katie DiVirgilio
RE/MAX 360
List Price
$479,900
Sold Price
$515,000
Premium/Discount to List
$35,100
7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$386,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 30, 2016
Sold by
Bp Rockaway Llc
Bought by
Elouche Akram
Seller's Agent
Darlene Gray
Elite Homes
Buyer's Agent
Connolly Gallo Team
RE/MAX 360
List Price
$399,900
Sold Price
$406,000
Premium/Discount to List
$6,100
1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.79%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Nlkwah Jacob and One West Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 5, 2006
Sold by
Parella Marc R
Bought by
Nkwah Jacob

Purchase Details

Closed on
Sep 21, 1994
Sold by
Brunelle Jeffrey C and Meridian Mtg Corp
Bought by
Janjah Abdul

Purchase Details

Closed on
Oct 9, 1987
Sold by
Cavalieri Robert J
Bought by
Veiga Edward P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
11 Sachem St-Jamglt Llc $870,000 --
Joie Ford Llc $870,000 None Available
Onehireba-Ativie Leonard $515,000 --
Elouche Akram $406,000 --
Federal National Mortgage Association $416,905 --
Federal National Mortgage Association $416,905 --
Nkwah Jacob $365,000 --
Nkwah Jacob $365,000 --
Janjah Abdul $25,501 --
Janjah Abdul $25,501 --
Veiga Edward P $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 11 Sachem St-Jamglt Llc $652,500
Previous Owner Joie Ford Llc $480,000
Previous Owner Onehireba-Ativie Leonard $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2017 09/15/17 Sold $515,000 +7.3% $160 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $479,900 +18.2% $149 / Sq Ft
12/30/2016 12/30/16 Sold $406,000 +1.5% $126 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $399,900 -- $124 / 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 $9,296 $897,300 $175,600 $721,700
2024 $9,216 $875,200 $168,000 $707,200
2023 $9,032 $810,000 $179,700 $630,300
2022 $7,971 $641,300 $140,300 $501,000
2021 $7,431 $570,300 $114,900 $455,400
2020 $7,184 $536,100 $118,200 $417,900
2019 $6,704 $468,800 $91,200 $377,600
2018 $6,407 $422,900 $102,500 $320,400
2017 $6,098 $390,900 $90,000 $300,900
2016 $5,786 $357,600 $75,200 $282,400
2015 $5,358 $319,900 $79,600 $240,300
Source: Public Records

Agents Affiliated with this Home

  • Connolly Gallo Team

    Seller's Agent in 2017

    Connolly Gallo Team

    RE/MAX 360

    (978) 808-6718

    5 in this area

    77 Total Sales

    Connolly Gallo Team
    Section Image
  • Katie DiVirgilio

    Buyer's Agent in 2017

    Katie DiVirgilio

    RE/MAX 360

    (617) 285-9847

    16 in this area

    253 Total Sales

    Katie DiVirgilio
    Section Image

  • D

    Seller's Agent in 2016

    Darlene Gray

    Elite Homes

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72195563

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000582-000023

Massachusetts Essex County Lynn 01902 Diamond District

11 Sachem St, Lynn, MA

Not Listed for Sale

MultiFamily

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