NOT LISTED FOR SALE

Estimated Value: $773,000 - $931,194

6 Beds
3 Baths
2,507 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $593,000 $237 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,290/month

80 Days on Market

Highlights

  • Porch
  • Tile Flooring
  • 5-minute walk to Henry Avenue Park

About This Home

As of March 2020

Unexpectedly Back on the Market due to Buyer Financing -Great opportunity to invest in this attractive and well maintained Three Unit Building with 2 bedrooms in each unit.. Great rental history. Building shows great care, cleanliness and pride of ownership on the part of the current owner. Low maintenance vinyl siding on exterior. Three car tandem parking. All units have separate gas heating units, water heaters and separate utilities. There are washer and dryer hook ups for each unit and shared storage space in basement. Second and Third floor units have Wood Laminate flooring and Wall to Wall Carpeting. Very convenient transportation links and access to Supermarket Shopping are close by. Lynn Shore Drive and the walking promenade and sandy beaches are just 2.1 miles from this property. Perfect for investors! LISTING AGENT TO ACCOMPANY ALL SHOWINGS.

Last Agent to Sell the Property

Katherine McKnight

Coldwell Banker Realty - Beverly Listed on: 10/09/2019

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Kristopher Gergler

J. Barrett & Company

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,490

Year Built

  • Built in 1900

Lot Details

  • 2,614

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Additional Features

  • Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,490

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 237.34
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Unfinished Basement
  • Main Lo: K95001
  • Main So: BB8064
  • Estimated Sq Ft: 2507.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, Fuses, Circuit Breakers
  • Sewage District: Lynn
  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping
  • App Common: Washer Hookup, Dryer Hookup

Lot Info

  • Assessments: 421900.00
  • Lot: 027
  • Acre: 0.06
  • Lot Size: 2434.00
  • Page: 512
  • Zoning: R2
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6033.17
  • Assessor Parcel Number: 2004560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Feb 27, 2020
Sold by
Rodriguez Gustavo
Bought by
Hasoui Abdelhalim and Hasoui Aissa
Seller's Agent
Katherine McKnight
Coldwell Banker Realty - Beverly
Buyer's Agent
Kristopher Gergler
J. Barrett & Company
List Price
$595,000
Sold Price
$593,000
Premium/Discount to List
-$2,000
-0.34%
Total Days on Market
80
Current Estimated Value
$856,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,299
Avg. Annual Appreciation
6.13%
Original Mortgage
$563,350
Outstanding Balance
$501,982
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$318,419

Purchase Details

Closed on
Sep 22, 2008
Sold by
Melendez Eric D and Ortega Reina M
Bought by
Rodriguez Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,137
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Bay View T
Bought by
Melendez Eric D
Source: Public Records

Range of Values:

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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
Hasoui Abdelhalim $593,000 None Available
Rodriguez Gustavo $180,000 --
Rodriguez Gustavo $180,000 --
Melendez Eric D $390,000 --
Melendez Eric D $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasoui Abdelhalim $563,350
Closed Hasoui Abdelhalim $563,350
Previous Owner Rodriguez Gustavo $175,000
Previous Owner Melendez Eric D $175,734
Previous Owner Melendez Eric D $173,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $593,000 -0.3% $237 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $595,000 0.0% $237 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $595,000 0.0% $237 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $595,000 -- $237 / 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 $7,490 $723,000 $187,300 $535,700
2024 $7,358 $698,800 $169,100 $529,700
2023 $7,158 $642,000 $169,100 $472,900
2022 $6,973 $561,000 $138,200 $422,800
2021 $6,748 $517,900 $126,100 $391,800
2020 $6,144 $458,500 $98,500 $360,000
2019 $6,033 $421,900 $96,100 $325,800
2018 $5,590 $369,000 $92,800 $276,200
2017 $5,159 $330,700 $72,200 $258,500
2016 $4,718 $291,600 $60,800 $230,800
2015 $4,395 $262,400 $65,300 $197,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72577851

MLS Property Information Network (MLS PIN)

APN: LYNN-000071-000677-000027