NOT LISTED FOR SALE

16 Springvale Ave Lynn, MA 01904

Lower Broadway Neighborhood

Estimated Value: $805,000 - $933,000

4 Beds
2.5 Baths
2,543 Sq Ft
$341/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $730,000 $287 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,160/month

6 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Property is near public transit and schools
  • 0.34 Acre Lot
  • Landscaped Professionally
  • 3-minute walk to Magnolia Park

About This Home

As of August 2021

The GRAND DAME of Lynn. Stunning 4 BEDROOM, 2.5 bath COLONIAL in desirable Wyoma location. FRONT TO BACK FORMAL LIVING ROOM opens into your SUNROOM/OFFICE. Oversized DINING ROOM with built in china cabinet and WAINSCOTING. Recently RENOVATED KITCHED with STAINLESS STEEL APPLIANCES. The first floor is complete with LARGE SCREENED IN PORCH, half bath and SPECTACULAR 3-SEASON ROOM that opens out to your BACKYARD OASIS. IN GROUND HEATED POOL, patios and BEAUTIFUL LANDSCAPING make this the PERFECT RETREAT. The second floor features the MASTER BEDROOM SUITE with WALK IN CLOSET & PRIVATE BATH, 2 additional LARGE BEDROOMS, FULL BATH & NURSERY/SITTING ROOM. The THIRD FLOOR is comprised of 2 ROOMS, BUILT IN STORAGE and is accessed by a GRACIOUS STAIRCASE that goes from first floor all the way to the third. FULL BASEMENT with STORAGE and WORKSHOP, 3- CAR GARAGE, HARDWOOD FLOORS THROUGHOUT, CENTRALLY LOCATED…this is your FOREVER HOME!!

Last Agent to Sell the Property

Margaret O'Sullivan

William Raveis R.E. & Home Services Listed on: 05/27/2021

William Raveis R.E. & Home Services

Last Buyer's Agent

Kerry Cheever

Cheever Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,995

Year Built

  • Built in 1927

Lot Details

  • 0.34 Acre Lot
  • Landscaped Professionally
  • Level Lot
  • Sprinkler System
  • Property is zoned R1

Parking

  • 3 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,543 Sq Ft Home
  • French Doors
  • Home Office
  • Sun or Florida Room
  • Wood Flooring
  • Storm Windows

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • In Ground Pool
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:073 B:194 L:003,1991193

Community Details

Recreation

  • Park

Additional Features

  • Wyoma Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,995

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1927
  • Buyer Agency Type: %
  • Subdivision Name: Wyoma
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Sun Room, Office, Nursery
  • Door Features: French Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Third
  • Room Bedroom4 Features: Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Bathroom 3 Features: Bathroom - Half
  • Bathroom 3 Level: First
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: First
  • Basement: Full, Interior Entry
  • Living Area: 2543
  • Window Features: Storm Window(s)
  • MAIN LO: M59500
  • MAIN SO: NB1265

Exterior Features

  • Exterior Features: Professional Landscaping, Sprinkler System
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Pool Features: Pool - Inground Heated
  • Pool Private YN: Yes
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School

Lot Info

  • Parcel Number: M:073 B:194 L:003,1991193
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810.4
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 14676

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Bakas Ann M and Bakas George L
Bought by
Evali T T and Evali Bakas
Current Estimated Value
$865,928

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 24, 2021
Sold by
Soundis Christina K and Soundis William C
Bought by
Bakas Ann M and Bakas George L
Seller's Agent
Margaret O'Sullivan
William Raveis R.E. & Home Services
Buyer's Agent
Kerry Cheever
Cheever Associates
List Price
$724,900
Sold Price
$730,000
Premium/Discount to List
$5,100
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Shea Marguerite M
Bought by
Soundis William C and Soundis Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2003
Sold by
Shea George F and Shea Marguerite M
Bought by
Shea Marguerite M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Evali T T -- None Available
Evali T T -- None Available
Evali T T -- None Available
Evali T T -- None Available
Bakas Ann M $730,000 None Available
Bakas Ann M $730,000 None Available
Bakas Ann M $730,000 None Available
Bakas Ann M $730,000 None Available
Soundis William C $455,900 --
Shea Marguerite M -- --
Soundis William C $455,900 --
Shea Marguerite M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakas Ann M $300,000
Previous Owner Shea Marguerite M $240,000
Previous Owner Shea Marguerite M $20,000
Previous Owner Shea Marguerite M $278,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $730,000 +0.7% $287 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $724,900 -- $285 / 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 $8,120 $783,800 $228,200 $555,600
2024 $7,714 $732,600 $221,700 $510,900
2023 $7,129 $639,400 $217,700 $421,700
2022 $7,457 $599,900 $199,900 $400,000
2021 $6,995 $536,800 $173,900 $362,900
2020 $6,817 $508,700 $162,400 $346,300
2019 $6,539 $457,300 $153,900 $303,400
2018 $6,522 $430,500 $158,400 $272,100
2017 $6,479 $415,300 $134,400 $280,900
2016 $6,182 $382,100 $120,800 $261,300
2015 $5,953 $355,400 $120,800 $234,600
Source: Public Records

Agents Affiliated with this Home

  • Margaret O'Sullivan

    Seller's Agent in 2021

    Margaret O'Sullivan

    William Raveis R.E. & Home Services

    (781) 439-2566

    1 in this area

    93 Total Sales

    Margaret O'Sullivan
    Section Image
  • Kerry Cheever

    Buyer's Agent in 2021

    Kerry Cheever

    Cheever Associates

    (978) 590-6421

    1 in this area

    29 Total Sales

    Kerry Cheever
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72838642

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000194-000003

Massachusetts Essex County Lynn 01904 Lower Broadway

16 Springvale Ave, Lynn, MA

Not Listed for Sale

Detached

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