NOT LISTED FOR SALE

Estimated Value: $715,000 - $1,120,000

7 Beds
3 Baths
3,276 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $370,000 $113 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,462/month

252 Days on Market

About This Home

As of August 2014

Looking for a fantastic INVESTMENT PROPERTY or family home with INCOME too? This completely renovated 2 family by master carpenter has everything; updated plumbing & electric, separate utilities, gleaming hardwood floors, newer windows, renovated kitchens & bathrooms, and newer appliances w/ washer/dryer hookups in both units and plenty of storage. UNIT 1 - features a light-filled easy flow layout, 2 BRs, and walk-in closets. UNIT 2 - (approx. 1900sf) would make a fabulous owner's unit w/ 5 BRs, 1 1/2 baths, and generous sized rooms. Lots of parking: 2 car garage with overhead storage with driveway parking for 4. Located in a quiet street near Lynn Common, shopping, dining, Lynn Tech, public transportation and easy access to Rt. 1A. (Potential monthly rental income upwards of $3,200 if both units are rented)

Last Agent to Sell the Property

Sara Maurno

Coldwell Banker Realty - Beverly Listed on: 10/28/2013

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Dan Ton

Kava Realty Group, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,120

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Laminate, Hardwood
  • Basement: Full, Interior Access

Exterior Features

  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup

Lot Info

  • Assessor Parcel Number: M:052 B:740 L:009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Phan Phung K
Bought by
Avila-Lopez Angel A and Avila-Lopez Luis A
Current Estimated Value
$893,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,675
Outstanding Balance
$480,863
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$412,153

Purchase Details

Listed on
Oct 28, 2013
Closed on
Aug 6, 2014
Sold by
Blanchard Dana F
Bought by
Phan Phung K and Tran Thomas V
Seller's Agent
Sara Maurno
Coldwell Banker Realty - Beverly
Buyer's Agent
Dan Ton
Kava Realty Group, Inc.
List Price
$419,000
Sold Price
$370,000
Premium/Discount to List
-$49,000
-11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$277,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2011
Sold by
Trinidad Angel
Bought by
Blanchard Dana F

Purchase Details

Closed on
Jun 27, 1994
Sold by
Affiliates Fairfield
Bought by
Trinidad Angel

Purchase Details

Closed on
Feb 17, 1994
Sold by
Matthews Wayne
Bought by
Affiliates Fairfield

Purchase Details

Closed on
Aug 10, 1987
Sold by
Land Of Rlty
Bought by
Matthews Wayne J
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
Avila-Lopez Angel A $570,000 --
Avila-Lopez Angel A $570,000 --
Phan Phung K $370,000 --
Blanchard Dana F $195,000 --
Blanchard Dana F $195,000 --
Trinidad Angel $22,500 --
Trinidad Angel $22,500 --
Affiliates Fairfield $31,500 --
Fairfield Affiliates $31,500 --
Matthews Wayne J $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avila-Lopez Angel A $559,675
Closed Avila-Lopez Angel A $559,675
Previous Owner Phan Phung K $277,500
Previous Owner Matthews Wayne J $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2014 08/06/14 Sold $370,000 -11.7% $113 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $419,000 -- $128 / 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 $9,120 $880,296 $203,500 $676,796
2024 $8,410 $798,700 $187,000 $611,700
2023 $8,208 $736,100 $166,500 $569,600
2022 $8,526 $685,900 $156,500 $529,400
2021 $7,844 $602,000 $129,200 $472,800
2020 $7,086 $528,800 $107,800 $421,000
2019 $6,742 $471,500 $92,600 $378,900
2018 $6,399 $422,400 $101,300 $321,100
2017 $6,093 $390,600 $89,600 $301,000
2016 $5,694 $351,900 $84,800 $267,100
2015 $5,214 $311,300 $73,100 $238,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71602156

MLS Property Information Network (MLS PIN)

APN: LYNN-000052-000740-000009