NOT LISTED FOR SALE

123 Hamilton Ave Lynn, MA 01902

Highlands Neighborhood

Estimated Value: $819,000 - $914,964

6 Beds
3 Baths
3,013 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $720,000 $239 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,292/month

9 Days on Market

About This Home

As of May 2021

Well-maintained 3-family home available for new owner! First floor offers living room, dining room, kitchen, office and two bedrooms. Second floor has a living room, dining room, galley-style kitchen and two bedrooms with a small porch. Third floor has large eat-in kitchen, living room and two bedrooms and back porch. Separate gas heating systems. Vinyl siding. Lots of storage space in the basement. Nice sized backyard, and 3-4 parking spaces. Units 2 & 3 currently have tenants-at-will. First floor will be delivered vacant for new owners. Great opportunity for an owner-occupied or investor! First showings Sun April 18 from 1:00-4:00 pm. Offers due Monday, Apr 19 @ 5pm.

Last Agent to Sell the Property

Kaitlin Martel

Martel Real Estate Listed on: 04/13/2021

Co-Listed By

Stephen Martel

Martel Real Estate

Last Buyer's Agent

Manuel Neto

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 3,920

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:070 B:670 L:006

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: .50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 225.66
  • Comp Based On: Net Sale Price
  • Year Built: 1912
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1912

Interior Features

  • Total Flrs: 5
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: C63200
  • Main So: AN1199
  • Estimated Sq Ft: 3013.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Wood
  • Foundation: Fieldstone, Brick

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Public School

Lot Info

  • Assessments: 536300.00
  • Acre: 0.09
  • Lot Size: 3836.00
  • Page: 438
  • Parcel Number: M:070 B:670 L:006
  • Zoning: R4
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6988.00
  • Assessor Parcel Number: 2004398
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 25, 2021
Sold by
Harriet Rexinis Rt
Bought by
123 Hamilton Avenue Llc
Seller's Agent
Kaitlin Martel
Martel Real Estate
Buyer's Agent
Manuel Neto
LAER Realty Partners
List Price
$679,900
Sold Price
$720,000
Premium/Discount to List
$40,100
5.9%
Current Estimated Value
$878,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,741
Avg. Annual Appreciation
4.49%
Original Mortgage
$540,000
Outstanding Balance
$488,333
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$390,408

Purchase Details

Closed on
Jul 30, 2010
Sold by
Rexinis Hattie and Rexinis Harriet
Bought by
Harriet Rexinis Rt

Purchase Details

Closed on
Jan 1, 1971
Bought by
Harriet Rexinis Rt
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
123 Hamilton Avenue Llc $720,000 None Available
123 Hamilton Avenue Llc $720,000 None Available
Harriet Rexinis Rt -- --
Harriet Rexinis Rt -- --
Harriet Rexinis Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 123 Hamilton Avenue Llc $540,000
Closed 123 Hamilton Avenue Llc $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $720,000 +5.9% $239 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $679,900 -- $226 / 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 $8,032 $775,300 $190,300 $585,000
2024 $8,026 $762,200 $183,600 $578,600
2023 $7,371 $661,100 $144,600 $516,500
2022 $7,365 $592,500 $130,700 $461,800
2021 $6,988 $536,300 $115,900 $420,400
2020 $6,640 $495,500 $109,100 $386,400
2019 $6,321 $442,000 $92,200 $349,800
2018 $5,878 $388,000 $91,400 $296,600
2017 $5,674 $363,700 $80,400 $283,300
2016 $5,071 $313,400 $60,500 $252,900
2015 $4,581 $273,500 $57,500 $216,000
Source: Public Records

Agents Affiliated with this Home

  • Kaitlin Martel

    Seller's Agent in 2021

    Kaitlin Martel

    Martel Real Estate

    (978) 852-6259

    1 in this area

    71 Total Sales

    Kaitlin Martel
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Stephen Martel

    Martel Real Estate

    (508) 641-6896

    1 in this area

    29 Total Sales

    Stephen Martel
    Section Image
  • Manuel Neto

    Buyer's Agent in 2021

    Manuel Neto

    Laer Realty

    (617) 719-6474

    1 in this area

    138 Total Sales

    Manuel Neto
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72813455

MLS Property Information Network (MLS PIN)

APN: LYNN-000070-000670-000006

Massachusetts Essex County Lynn 01902 Highlands

123 Hamilton Ave, Lynn, MA

Not Listed for Sale

MultiFamily

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