NOT LISTED FOR SALE

16 Empire St Unit 18 Lynn, MA 01902

Eastern Avenue Neighborhood

Estimated Value: $758,000 - $884,000

5 Beds
2 Baths
2,204 Sq Ft
$382/Sq Ft Est. Value

Last Sold August 04, 2015

Last sale price $400,000 $181 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,366/month

55 Days on Market

About This Home

As of August 2015

Exceptional owners unit, beautifully updated and remodeled. Building has mostly new, quality replacement windows. Architectual roof is 1 year old. Owners kitchen is granite, solid wood cabinets, newer appliances. custon tile floor and glass backsplash, recessed lights, and nicely refinished hardwood flooring throught balance of main level. Upper floor is master bedroom with large closet, plumbed for a bath. Main bath, completely updated with marble vanity, tile flooring, all new fixtures, wood ceiling, tile walls, built-ins, recessed lighting, crown molding. 1st floor rental unit tenant would like to remain. 2 car garage, paved driveway, large, flat private yard. Property is perfect for owner occupancy with rental income.

Last Agent to Sell the Property

Mitch Levine

RE/MAX Beacon Listed on: 05/11/2015

RE/MAX Beacon

Last Buyer's Agent

Mitch Levine

RE/MAX Beacon Listed on: 05/11/2015

RE/MAX Beacon

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,390

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Medical Facility, House of Worship, Marina, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Walk Out, Interior Access, Sump Pump, Concrete Floor

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Gutters, Screens
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Sep 24, 2015
Sold by
Feinberg Jonathon N
Bought by
Empire Street Lynn Llc
Seller's Agent
Mitch Levine
RE/MAX Beacon
Buyer's Agent
Mitch Levine
RE/MAX Beacon
List Price
$459,000
Sold Price
$400,000
Premium/Discount to List
-$59,000
-12.85%
Current Estimated Value
$842,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,567
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
May 11, 2015
Closed on
Aug 4, 2015
Sold by
Matos Emanuel
Bought by
Feinberg Jonathon N
Seller's Agent
Mitch Levine
RE/MAX Beacon
Buyer's Agent
Mitch Levine
RE/MAX Beacon
List Price
$459,000
Sold Price
$400,000
Premium/Discount to List
-$59,000
-12.85%

Purchase Details

Closed on
Aug 23, 2007
Sold by
Reyes Elisa
Bought by
Matos Emanuel and Santana Mayra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2007
Sold by
Reyes Elisa
Bought by
Reyes Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2002
Sold by
Aigner-Crook Sieglinde
Bought by
Elam Christopher G and Elam Nicole M

Purchase Details

Closed on
May 4, 1994
Sold by
Corson Edith
Bought by
Aigner Brook Sieglinde
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
Empire Street Lynn Llc -- --
Empire Street Lynn Llc -- --
Feinberg Jonathon N $400,000 --
Matos Emanuel $445,000 --
Matos Emanuel $445,000 --
Reyes Elisa -- --
Reyes Elisa -- --
Elam Christopher G $339,000 --
Elam Christopher G $339,000 --
Aigner Brook Sieglinde $96,000 --
Aigner Brook Sieglinde $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corson Edith G $378,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2015 08/04/15 Sold $400,000 -12.9% $181 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $459,000 -- $208 / 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 $8,390 $809,873 $199,800 $610,073
2024 $7,935 $753,600 $189,900 $563,700
2023 $7,789 $698,600 $172,900 $525,700
2022 $7,923 $637,400 $148,000 $489,400
2021 $7,537 $578,400 $140,000 $438,400
2020 $7,002 $522,500 $130,100 $392,400
2019 $6,657 $465,500 $112,200 $353,300
2018 $6,134 $404,900 $103,700 $301,200
2017 $5,930 $380,100 $97,100 $283,000
2016 $5,150 $318,300 $83,400 $234,900
2015 $4,851 $289,600 $79,200 $210,400
Source: Public Records

Agents Affiliated with this Home

  • Mitch Levine

    Seller's Agent in 2015

    Mitch Levine

    RE/MAX

    (781) 883-6460

    37 Total Sales

    Mitch Levine
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71833775

MLS Property Information Network (MLS PIN)

APN: LYNN-000095-000532-000017

Massachusetts Essex County Lynn 01902 Eastern Avenue

16 Empire St Unit 18, Lynn, MA

This home is located at 16 Empire St Unit 18, Lynn, MA 01902 since 11 May 2015 and is currently estimated at $842,567, approximately $382 per square foot. This property was built in 1900. 16 Empire St Unit 18 is a home located in Essex County with nearby schools including Ingalls Elementary School, William R. Fallon School, and Marshall Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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