NOT LISTED FOR SALE

16 Massachusetts Ave Lynn, MA 01902

Chatham Street Neighborhood

Estimated Value: $758,000 - $792,000

8 Beds
2 Baths
2,605 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $425,000 $163 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,779/month

99 Days on Market

About This Home

As of September 2018

Spacious two-family in convenient location ready for new owner. First floor is a two-bedroom unit leased through February 2019. Second floor two-story unit will be VACANT for new owner and has FIVE+ bedrooms with office space as well. Washer/dryer hookups in each unit. Parking is NOT an easement or right of way. Ready for new owners!

Last Agent to Sell the Property

Kaitlin Martel

Martel Real Estate Listed on: 03/14/2018

Co-Listed By

Stephen Martel

Martel Real Estate

Last Buyer's Agent

Rosa Martinez

Hacienda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,161

Year Built

  • Built in 1900

Lot Details

  • 2,614

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,161

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 165.03
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C63200
  • Main So: BB9790
  • Estimated Sq Ft: 2605.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Park, Public School

Lot Info

  • Assessments: 340700.00
  • Acre: 0.06
  • Lot Size: 2543.00
  • Page: 115
  • Zoning: Res
  • Lot Description: Easements, Shared Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5161.61
  • Assessor Parcel Number: 3212059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Sep 25, 2018
Sold by
William J Clements Lt
Bought by
Barrera Yaneth L and Barrera Santos E
Seller's Agent
Kaitlin Martel
Martel Real Estate
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Current Estimated Value
$763,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,959
Avg. Annual Appreciation
9.05%
Original Mortgage
$410,815
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2015
Sold by
Clements William J
Bought by
William J Clements Lt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2012
Sold by
Clements William J
Bought by
Clements William J

Purchase Details

Closed on
Dec 17, 1999
Sold by
Mitchell Ella
Bought by
Middleton Jeffrey S and Middleton Kathryn L
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
Barrera Yaneth L $425,000 --
William J Clements Lt -- --
William J Clements Lt -- --
Clements William J -- --
Clements William J -- --
Middleton Jeffrey S $7,500 --
Middleton Jeffrey S $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrera Yaneth L $406,263
Closed Barrera Yaneth L $410,815
Previous Owner William J Clements Lt $204,000
Previous Owner Middleton Jeffrey S $150,000
Previous Owner Middleton Jeffrey S $314,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $425,000 -1.1% $163 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $429,900 0.0% $165 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $429,900 -- $165 / 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 $7,161 $691,194 $187,500 $503,694
2024 $6,787 $644,500 $178,600 $465,900
2023 $6,770 $607,200 $174,100 $433,100
2022 $6,712 $540,000 $145,200 $394,800
2021 $6,201 $475,900 $125,300 $350,600
2020 $5,753 $429,300 $118,400 $310,900
2019 $5,558 $388,700 $110,600 $278,100
2018 $5,162 $340,700 $107,800 $232,900
2017 $4,909 $314,700 $95,200 $219,500
2016 $4,487 $277,300 $84,200 $193,100
2015 $4,137 $247,000 $76,500 $170,500
Source: Public Records

Agents Affiliated with this Home

  • Kaitlin Martel

    Seller's Agent in 2018

    Kaitlin Martel

    Martel Real Estate

    (978) 852-6259

    1 in this area

    68 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Stephen Martel

    Martel Real Estate

    (508) 641-6896

    1 in this area

    32 Total Sales

    Section Image

  • R

    Buyer's Agent in 2018

    Rosa Martinez

    Hacienda Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72293740

MLS Property Information Network (MLS PIN)

APN: LYNN-000096-000458-000005

Massachusetts Essex County Lynn 01902 Chatham Street

16 Massachusetts Ave, Lynn, MA

This home is located at 16 Massachusetts Ave, Lynn, MA 01902 since 14 March 2018 and is currently estimated at $772,583, approximately $296 per square foot. This property was built in 1900. 16 Massachusetts Ave is a home located in Essex County with nearby schools including Hood 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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