NOT LISTED FOR SALE

Estimated Value: $663,000 - $814,000

4 Beds
3 Baths
1,925 Sq Ft
$387/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $645,000 $335 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,575/month

16 Days on Market

About This Home

As of December 2021

Owner occupants & investors take notice! This one is for you. Have your tenants help you pay your mortgage or increase rents and the number of bedrooms, to unlock this properties cashflow possibilities. Doesn't that sound sweet? Add your own personal touches to increase your homes future value. With all of the development arising on the Lynnway you definitely want to be part of Lynn's historic growth. Your new home is located minutes away from Lynn & Nahant Beach, North Shore Community College, Shopping plazas, and Restaurants galore also features easy access to Boston via the Commuter Rail, conveniently located less than .5 a mile away. Current owner has replaced roof, siding, heating systems & water heaters within the last 10 years. Hardwood floors throughout, off-street parking, water views from 3rd floor balcony, and open concept floor plans are some of the few amazing features you will find here.

Last Agent to Sell the Property

Desiree Taylor

Desired Homes Realty LLC Listed on: 09/08/2021

Last Buyer's Agent

Julie Tsakirgis

RE/MAX Property Shoppe, Inc.

RE/MAX Property Shoppe, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1860

Lot Details

  • 3,920

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1860

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Lynnway to Washington to Amity
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1860

Interior Features

  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Full, Partially Finished, Bulkhead
  • MAIN LO: AN6324
  • MAIN SO: B95071
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub,Open Floor Plan), Unit 2(Bathroom With Tub,Open Floor Plan), Unit 3(Walk-In Closet,Bathroom With Tub,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Stories: 6
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Unit #1 Is Lead Compliant. Unit #3 Lease Ends 1/30/2022. Units #1 And #2 Will Be Delivered Vacant. Rents Listed Are Projected Market Rents.
  • Exclusions: Washer And Dryer In Basement Belong To Tenant In Unit #2.
  • Patio And Porch Features: Porch, Deck
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Annual Water Sewer Expense: 1330

Lot Info

  • LOT SIZE: 4128
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: R5

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Annual Gross Income: 45600
  • Insurance Expense: 1500
  • Property Net Operating Income: 45600
  • Number Of Units Total: 3
  • Annual Operating Expense: 4900
  • Total Actual Rent: 5200

Tax Info

  • Tax Annual Amount: 6069
  • Tax Book Number: 21587
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Apostle Carlos
Bought by
Amity Street Rt and Cervantes
Current Estimated Value
$744,665

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 6, 2021
Sold by
Castro Yoselyn and Teixeira John
Bought by
Apostle Carlos
Seller's Agent
Desiree Taylor
Desired Homes Realty LLC
Buyer's Agent
Julie Tsakirgis
RE/MAX Property Shoppe, Inc.
List Price
$629,000
Sold Price
$645,000
Premium/Discount to List
$16,000
2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$480,768
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2003
Sold by
Castro Yoselyn
Bought by
Castro Yoselyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1995
Sold by
Phillips Richard
Bought by
Castro Yoselyn

Purchase Details

Closed on
Oct 21, 1993
Sold by
Cottage Funding Corp
Bought by
Phillips Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Amity Street Rt -- None Available
Amity Street Rt -- None Available
Amity Street Rt -- None Available
Apostle Carlos $645,000 None Available
Apostle Carlos $645,000 None Available
Apostle Carlos $645,000 None Available
Castro Yoselyn -- --
Castro Yoselyn -- --
Castro Yoselyn $42,900 --
Castro Yoselyn $42,900 --
Phillips Richard $20,000 --
Phillips Richard $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apostle Carlos $480,768
Previous Owner Phillips Richard $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $645,000 +2.5% $335 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $629,000 -- $327 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,140 $689,200 $186,400 $502,800
2024 $7,114 $675,600 $178,300 $497,300
2023 $7,093 $636,100 $190,700 $445,400
2022 $6,533 $525,600 $148,900 $376,700
2021 $6,069 $465,800 $122,000 $343,800
2020 $5,927 $442,300 $125,400 $316,900
2019 $5,501 $384,700 $96,800 $287,900
2018 $5,372 $354,600 $108,800 $245,800
2017 $5,070 $325,000 $95,600 $229,400
2016 $4,623 $285,700 $79,800 $205,900
2015 $4,383 $261,700 $84,500 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72891523

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000587-000026

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