Seller's Agent in 2022
VINCENT RIZZO
Douglas Elliman Real Estate - The Sarkis Team
(781) 244-0705
1 in this area
38 Total Sales
116 New Park St Lynn, MA 01905
Pine Hill NeighborhoodEstimated Value: $754,000 - $951,616
6
Beds
3
Baths
2,758
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Porch
- Property is near public transit
- Jogging Path
- 2-minute walk to Jenkins Park
About This Home
As of December 2022Investors! The handsome three-family home is conveniently located between shops, banks, and restaurants and close proximity to everything. Rarely available, this three-family boasts over 2,700+ SqFt of living space and offers an ample amount of space throughout each unit. The large driveway that fits four cars offers a tremendous amount of conveyance for the tenants. Hardwood floors and tile in each unit with a living room and an eat-in kitchen have each unit feeling like home. The third-floor unit is recently updated out of the three– this potential portfolio investment adds great value. Three separate gas heating systems, one being newer, and newer water heater(s), and a large basement with plumbing upgrades are ready for its new owner. Don't miss this one!
Last Agent to Sell the Property
Douglas Elliman Real Estate - The Sarkis Team Listed on: 10/24/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,579
Year Built
- Built in 1905
Lot Details
- 2,669 Sq Ft Lot
- Near Conservation Area
- Level Lot
- Cleared Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,758 Sq Ft Home
- Insulated Windows
- Window Screens
- Insulated Doors
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- William R Fall Elementary School
- Fecteau-Leary Middle School
- Fecteau-Leary High School
Utilities
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:055 B:210 L:005,1991518
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $60,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2010
Sold by
Bosse Polhmann and Bank Of New York Mello
Bought by
Koutoulas James and Koutoulas Sophia V
Current Estimated Value
Purchase Details
Closed on
May 20, 2004
Sold by
116 New Park St Rt and Brienze
Bought by
Bosse Polhmann
Purchase Details
Closed on
May 29, 1997
Sold by
Dincan Johnr
Bought by
Brienze Philip M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koutoulas James | $162,000 | -- | |
| Koutoulas James | $162,000 | -- | |
| Bosse Polhmann | $362,000 | -- | |
| Bosse Polhmann | $362,000 | -- | |
| Brienze Philip M | $94,000 | -- | |
| Brienze Philip M | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Capela Jamie C | $555,000 | |
| Closed | Capela Jamie C | $555,000 | |
| Closed | Phoeuk Sonny | $479,946 | |
| Closed | Phoeuk Sonny | $482,345 | |
| Closed | Koutoulas James | $283,500 | |
| Closed | Brienze Philip M | $111,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2022 12/29/22 | Sold | $740,000 | -4.5% | $268 / Sq Ft |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- |
| 10/24/2022 10/24/22 | For Sale | $775,000 | -- | $281 / 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 | $7,571 | $730,800 | $182,500 | $548,300 |
| 2024 | $7,823 | $742,900 | $171,500 | $571,400 |
| 2023 | $7,539 | $676,100 | $166,200 | $509,900 |
| 2022 | $7,579 | $609,700 | $154,000 | $455,700 |
| 2021 | $7,329 | $562,500 | $147,800 | $414,700 |
| 2020 | $6,853 | $511,400 | $130,300 | $381,100 |
| 2019 | $6,455 | $451,400 | $106,600 | $344,800 |
| 2018 | $5,769 | $380,800 | $88,600 | $292,200 |
| 2017 | $5,535 | $354,800 | $75,100 | $279,700 |
| 2016 | $5,121 | $316,500 | $67,000 | $249,500 |
| 2015 | $4,611 | $275,300 | $62,500 | $212,800 |
Source: Public Records
Agents Affiliated with this Home
-
VINCENT RIZZO
-
Leo Nikolouzos
Buyer's Agent in 2022
Leo Nikolouzos
Cameron Prestige, LLC
(781) 808-7485
2 in this area
55 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73051532
APN: LYNN-000055-000210-000005
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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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