NOT LISTED FOR SALE

16 Red Rock St Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $719,836 - $841,000

6 Beds
3 Baths
2,656 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $650,000 $245 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,847/month

139 Days on Market

About This Home

As of February 2022

Well sought after Diamond District location! 2 1/2 family home features 13 rooms, 6 bedrooms and 3 bath, All good size rooms and hardwood floors. 1 car garage with plenty more parking in driveway. Nice level back yard. Make it your own with a fresh coat of paint/paper throughout the home. Close to public transportation, shopping, public schools and short walk to Ocean. Seller needs 48 hours for showings.

Last Agent to Sell the Property

Michael Connor

Connor Real Estate Listed on: 09/13/2021

Last Buyer's Agent

Julie Lannon

Connor Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 4,356

Parking

  • 1

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Parking

1

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: Prescott Rd, Continue onto Cherry St, Turn Right onto Garland St, Turn Right onto Red Rock St.
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator)
  • Has Basement: Full
  • MAIN LO: C66300
  • MAIN SO: C66300
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Unit 1 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Enclosed
  • Waterfront Features: Beach Front, Ocean
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(None)
  • Heating: Unit 1(Oil), Unit 2(Forced Air,Oil), Unit 3(Forced Air,Oil)
  • Cooling Y N: No
  • Electric: 220 Volts
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School, T-Station

Lot Info

  • LOT SIZE: 4380
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: R1

Multi Family

  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6262
  • Tax Book Number: 14394
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Jan 31, 2022
Sold by
Farkas Janet
Bought by
Barraza Cecilia and Barraza Luciano
Seller's Agent
Michael Connor
Connor Real Estate
Buyer's Agent
Julie Lannon
Connor Real Estate
List Price
$749,900
Sold Price
$650,000
Premium/Discount to List
-$99,900
-13.32%
Current Estimated Value
$800,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,209
Avg. Annual Appreciation
5.59%
Original Mortgage
$450,000
Outstanding Balance
$414,488
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$385,721
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barraza Cecilia $650,000 None Available
Barraza Cecilia $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barraza Cecilia $450,000
Closed Barraza Cecilia $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold $650,000 -13.3% $245 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $749,900 -- $282 / 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 $7,651 $738,494 $214,400 $524,094
2024 $6,723 $638,500 $227,300 $411,200
2023 $6,611 $592,900 $210,600 $382,300
2022 $6,492 $522,300 $167,600 $354,700
2021 $6,262 $480,600 $164,600 $316,000
2020 $5,742 $428,500 $147,400 $281,100
2019 $5,654 $395,400 $143,100 $252,300
2018 $5,248 $346,400 $133,700 $212,700
2017 $5,065 $324,700 $127,200 $197,500
2016 $4,836 $298,900 $124,600 $174,300
2015 $4,747 $283,400 $128,900 $154,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Connor

    Seller's Agent in 2022

    Michael Connor

    Connor Real Estate

    (781) 581-5940

    7 in this area

    99 Total Sales

    Michael Connor
    Section Image

  • J

    Buyer's Agent in 2022

    Julie Lannon

    Connor Real Estate

    (978) 317-1025

    1 in this area

    16 Total Sales

    Julie Lannon
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72894047

MLS Property Information Network (MLS PIN)

APN: LYNN-000093-000560-000018

Massachusetts Essex County Lynn 01902 Diamond District

16 Red Rock St, Lynn, MA

Not Listed for Sale

MultiFamily

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