NOT LISTED FOR SALE

Estimated Value: $603,149 - $673,000

5 Beds
2 Baths
1,664 Sq Ft
$386/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $531,000 $319 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,929/month

4 Days on Market

About This Home

As of February 2022

Great Opportunity for First Time Home Buyers or Investors!! This Well-Maintained 2 Family Home In Lynn features 2 units (Unit 1 3bd/1ba, Unit 2 2bd/1ba ) and boasts a convenient location just a short distance to Flax Pond Playground and Lynn English High School while remaining close to shopping and public transportation, just a short ride to the historic city of Salem. House is set back off of main street & has a small fenced yard which adds privacy to other great features. Has 2 tandem spaces on paved driveway w/ additional street parking. Each unit individually metered for gas and electric, shared laundry hookup in the basement. House has 2 new heating systems and 2 new water heaters that were recently done as well as a new rubber roof installed. Deleaded Certificates available.

Last Agent to Sell the Property

Chinatti Realty Group

Chinatti Realty Group, Inc. Listed on: 12/02/2021

Co-Listed By

Edgar Rodriguez

Lamacchia Realty, Inc.

Last Buyer's Agent

Michael Montero

Realty One Group Nest

Realty One Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,181

Year Built

  • 1911

Lot Details

  • 1,742

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,181

Year Built

1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Please use GPS.
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1911

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AN5454
  • LIST PRICE PER Sq Ft: 306.43
  • PRICE PER Sq Ft: 319.11
  • MAIN SO: AN4453
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Foundation Details: Block
  • Waterfront Features: Beach Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room, Washer & Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: N/A
  • High School: Lynn English
  • Middle Or Junior School: N/A

Lot Info

  • LOT SIZE: 1859
  • PAGE: 439
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1742.4
  • Zoning: R1

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 45600
  • Property Net Operating Income: 45600
  • Number Of Units Total: 2
  • Total Actual Rent: 3800

Tax Info

  • Tax Annual Amount: 4717
  • Tax Book Number: 35488
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Feb 24, 2022
Sold by
Laguerre Kervens and Perez Michelle
Bought by
Gomez Maria
Seller's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
Buyer's Agent
Michael Montero
Realty One Group Nest
List Price
$509,900
Sold Price
$531,000
Premium/Discount to List
$21,100
4.14%
Current Estimated Value
$641,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,787
Avg. Annual Appreciation
3.48%
Original Mortgage
$521,382
Outstanding Balance
$489,627
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$108,937

Purchase Details

Listed on
Sep 19, 2016
Closed on
Nov 30, 2016
Sold by
Terminiello Michael
Bought by
Perez Michelle and Laguerre Kervens
Seller's Agent
David Cutler
North Shore Realty Pros
Buyer's Agent
Yvalbert Bosquet
Weichert REALTORS® Blueprint Brokers
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$328,932
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jun 30, 2014
Sold by
Solis Manuel D
Bought by
Terminiello Michael
Seller's Agent
Pedro Cordano
Century 21 North East
Buyer's Agent
Judi Moccia
REAL ESTATE and Company
List Price
$244,900
Sold Price
$228,000
Premium/Discount to List
-$16,900
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.47%
Original Mortgage
$171,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2007
Sold by
Wells Fargo Bank Na Tr
Bought by
Solis Manuel Dejesus

Purchase Details

Closed on
Oct 12, 2006
Sold by
Lora Carlos Montes
Bought by
Wells Fargo Bank Na Tr

Purchase Details

Closed on
Jan 16, 2003
Sold by
Martinez Lisette
Bought by
Guerrero Nirka and Lora Carlos Montes

Purchase Details

Closed on
May 17, 2001
Sold by
Parsons Ann
Bought by
Martinez Lisette
Source: Public Records

Range of Values:

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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
Gomez Maria $531,000 None Available
Perez Michelle $335,000 --
Terminiello Michael $228,000 --
Solis Manuel Dejesus $176,139 --
Solis Manuel Dejesus $176,139 --
Wells Fargo Bank Na Tr $265,000 --
Wells Fargo Bank Na Tr $265,000 --
Guerrero Nirka $240,000 --
Guerrero Nirka $240,000 --
Martinez Lisette $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Maria $521,382
Closed Gomez Maria $521,382
Previous Owner Perez Michelle $328,932
Previous Owner Terminiello Michael $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $531,000 +4.1% $319 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $509,900 +52.2% $306 / Sq Ft
11/30/2016 11/30/16 Sold $335,000 -1.2% $201 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $339,000 +48.7% $204 / Sq Ft
07/10/2014 07/10/14 Sold $228,000 -6.9% $137 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $244,900 -- $147 / 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 $5,181 $500,112 $156,000 $344,112
2024 $4,922 $467,400 $148,600 $318,800
2023 $4,924 $441,600 $144,900 $296,700
2022 $5,100 $410,300 $135,100 $275,200
2021 $4,717 $362,000 $116,500 $245,500
2020 $4,407 $328,900 $110,100 $218,800
2019 $4,284 $299,600 $102,900 $196,700
2018 $4,033 $266,200 $100,300 $165,900
2017 $3,689 $236,500 $88,500 $148,000
2016 $3,388 $209,400 $78,300 $131,100
2015 $3,231 $192,900 $71,100 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72924715

MLS Property Information Network (MLS PIN)

APN: LYNN-000085-000489-000036