S
Seller's Agent in 2019
Soraya Cacici
Nest Forward
12 Wells Place Lynn, MA 01902
Fayette Street NeighborhoodEstimated Value: $789,029 - $960,000
7
Beds
4
Baths
2,744
Sq Ft
$325/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Screened Porch
- Fenced Yard
About This Home
As of July 2019BOM, buyer financing fell through. Strong income potential, rents substantially under market. Deleaded, updated three bedroom units with partially finished basement and fully finished attic, perfect for extended family. Separate utilities. Oversized lot with plenty of off-street parking. Approximately one mile to downtown, offering walkability and convenience to Lynn's Commuter Rail, just two stops to North Station - the ocean is also approximately one mile away! Area amenities include beaches, Lynn Woods, and downtown Lynn's vibrant growing scene with popular restaurants, shops, pubs, cafes, brewery, farmer's market, grocery stores, theatre and concert venue, library, museum, world-class public art, stunning 19th and 20th century industrial architecture and more! With Greater Boston prices soaring, coastal Lynn offers a competitive edge of affordability and livability within ten miles to downtown Boston! So many investors have their eyes on Lynn, and you should too!
Last Agent to Sell the Property
Soraya Cacici
Nest Forward Listed on: 04/25/2019
Last Buyer's Agent
Rosa Martinez
Hacienda Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,981
Year Built
- Built in 1900
Lot Details
- 6,534
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Additional Features
- Screened Porch
- Fenced Yard
- Basement
Listing and Financial Details
- Assessor Parcel Number M:096 B:473 L:004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2019
Closed on
Jun 21, 2019
Sold by
Garcia Adamilka
Bought by
Mendez Fredy A and Mendez Juan A
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$589,000
Sold Price
$600,000
Premium/Discount to List
$11,000
1.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,007
Avg. Annual Appreciation
6.92%
Original Mortgage
$570,000
Outstanding Balance
$505,453
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$401,623
Purchase Details
Closed on
Jun 30, 2008
Sold by
Lemus Ana and Recinos Mario
Bought by
Garcia Adamilka
Purchase Details
Closed on
Feb 8, 2005
Sold by
Tran Chuyen
Bought by
Lemus Ana and Recinos Mario
Purchase Details
Closed on
Nov 22, 1994
Sold by
Dukett Herbert A and Dukett Elizabeth
Bought by
Lieu Dol
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendez Fredy A | $600,000 | -- | |
| Garcia Adamilka | $239,000 | -- | |
| Garcia Adamilka | $239,000 | -- | |
| Lemus Ana | $400,000 | -- | |
| Lemus Ana | $400,000 | -- | |
| Lieu Dol | $55,000 | -- | |
| Lieu Dol | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendez Fredy A | $570,000 | |
| Closed | Mendez Fredy A | $570,000 | |
| Previous Owner | Lieu Dol | $226,978 | |
| Previous Owner | Lieu Dol | $236,772 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2019 07/12/19 | Sold | $600,000 | +1.9% | $219 / Sq Ft |
| 05/24/2019 05/24/19 | Pending | -- | -- | -- |
| 05/16/2019 05/16/19 | For Sale | $589,000 | 0.0% | $215 / Sq Ft |
| 05/11/2019 05/11/19 | Pending | -- | -- | -- |
| 04/25/2019 04/25/19 | For Sale | $589,000 | -- | $215 / 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 | $7,981 | $770,359 | $184,000 | $586,359 |
| 2024 | $7,496 | $711,900 | $174,900 | $537,000 |
| 2023 | $7,346 | $658,800 | $159,200 | $499,600 |
| 2022 | $7,541 | $606,700 | $143,400 | $463,300 |
| 2021 | $6,971 | $535,000 | $122,100 | $412,900 |
| 2020 | $6,026 | $449,700 | $113,500 | $336,200 |
| 2019 | $5,697 | $398,400 | $97,800 | $300,600 |
| 2018 | $5,184 | $342,200 | $90,400 | $251,800 |
| 2017 | $5,164 | $331,000 | $94,100 | $236,900 |
| 2016 | $4,548 | $281,100 | $72,800 | $208,300 |
| 2015 | $4,301 | $256,800 | $72,900 | $183,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2019
Rosa Martinez
Hacienda Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72488449
APN: LYNN-000096-000473-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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