$760,000
SOLD APR 1, 2021
9 Beds
5 Baths
3,608 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

4% Above List Price

10 Days on Market

About This Home

As of April 2021

Attention Investor or Owner Occupants. Large Multi-Family located on a side street on East Lynn near Swampscott. 1.2 Miles to Kings Beach and near the public transportation. 1st & 2nd floor have identical layout. Open space kitchen with dining room and living room, 3 bedrooms and 1.5 bathrooms. Kitchen has ceramic tile floors and the rest of the rooms have hardwood floors. Special feature is master bedroom with walk-in closet. 3rd unit has 3 bedrooms and 1 full bathroom. Living room and kitchen have ceramic tile floors, and bedrooms have hardwood/laminate flooring. All 3 units have de-leaded certificates. Major updates were done 11 years ago such as electrical and gas conversion. Main sewer drain was updated to PVC. All replacement windows throughout. Roof was replaced on 2012. Hot water tanks were replaced 2019-2020. Each unit has 2+ parking spaces and basement has plenty of storage space. $5400 a month rental income with potential to be increased. Free maintenance. Won't last.

Last Agent to Sell the Property

Ilya Cobi

William Raveis R. E. & Home Services Listed on: 02/28/2021

William Raveis R. E. & Home Services

Last Buyer's Agent

Wendy Wang

Downtown Boston Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 1900

Flooring

  • Wood
  • Marble
  • Tile

Outdoor Features

  • Porch

Schools

  • English High School

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:096 B:476 L:002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,764

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 202.30
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Marble, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Fbh: 3
  • Total Hbh: 2
  • No Rooms: 17
  • Basement: Y
  • Basement Features: Full, Interior Access, Sump Pump
  • Main Lo: M59500
  • Main So: AN3164
  • Estimated Sq Ft: 3608.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Common, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University

Schools

  • Middle School: Marshalls
  • High School: English High

Lot Info

  • Assessments: 520700.00
  • Acre: 0.12
  • Lot Size: 5071.00
  • Page: 262
  • Parcel Number: M:096 B:476 L:002
  • Zoning: R1
  • Lot Description: Paved Drive, Level

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 5400
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6977.00
  • Assessor Parcel Number: 1998797
  • Tax Year: 2020

MLS Schools

  • High School: English High
  • Middle School: Marshalls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Mar 26, 2021
Sold by
Kolici Adelina and Kolici Endrit
Bought by
Fan Miao
Seller's Agent
Ilya Cobi
William Raveis R. E. & Home Services
Buyer's Agent
Wendy Wang
Downtown Boston Real Estate, LLC
List Price
$729,900
Sold Price
$760,000
Premium/Discount to List
$30,100
4.12%
Current Estimated Value
$961,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,171
Avg. Annual Appreciation
5.59%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 1, 2017
Sold by
Sam Sokonthy and Pen Malys P
Bought by
Kolici Endrit and Kolici Adelina
Seller's Agent
Van Son
Mass Broker Services
Buyer's Agent
Ilya Cobi
William Raveis R. E. & Home Services
List Price
$539,900
Sold Price
$530,000
Premium/Discount to List
-$9,900
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$394,850
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2008
Sold by
Deutsche Bank Natl T C
Bought by
Sam Sokonthy and Pen Malys P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Touch Neang and Chan Suokim
Bought by
Ortiz Ortiz and Ortiz Jose

Purchase Details

Closed on
Dec 1, 1992
Sold by
Jenness Richard E and Jenness Roberta L
Bought by
Derby Michael D and Derby Elizabeth M

Purchase Details

Closed on
May 14, 1992
Sold by
Hall Joan A
Bought by
Boston 5C Sb
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $760,000 None Available
Not Resolvable $530,000 --
Deed $113,000 --
Deed $113,000 --
Deed $355,000 --
Deed $355,000 --
Deed $132,000 --
Deed $132,000 --
Foreclosure Deed $117,300 --
Foreclosure Deed $117,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $394,850 New Conventional
Previous Owner $165,500 No Value Available
Previous Owner $90,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $760,000 +4.1% $211 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $729,900 +37.7% $202 / Sq Ft
05/31/2017 05/31/17 Sold $530,000 -1.8% $147 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $539,900 -- $150 / 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 $8,764 $845,931 $185,900 $660,031
2024 $8,334 $791,500 $176,700 $614,800
2023 $8,171 $732,800 $160,900 $571,900
2022 $7,973 $641,400 $137,700 $503,700
2021 $7,547 $579,200 $130,200 $449,000
2020 $6,977 $520,700 $121,000 $399,700
2019 $6,625 $463,300 $104,300 $359,000
2018 $5,827 $384,600 $96,400 $288,200
2017 $5,624 $360,500 $90,300 $270,200
2016 $5,097 $315,000 $77,600 $237,400
2015 $4,742 $283,100 $73,600 $209,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72790942

MLS Property Information Network (MLS PIN)

APN: LYNN-000096-000476-000002