A
Seller's Agent in 2018
Anthony DiCesare
Broad Sound Real Estate, LLC
(617) 990-7209
5 Total Sales
18 Henry Ave Lynn, MA 01902
Central Lynn NeighborhoodEstimated Value: $817,000 - $1,019,000
9
Beds
3
Baths
3,771
Sq Ft
$242/Sq Ft
Est. Value
About This Home
As of March 2018HUGE CASH COW in Lynn close to public trans, under 3/4 mile to Central Square. All three bedroom apartments fully tenanted taking in over $5450/month = $65,500 gross annual income! TENANTS PAY THEIR OWN UTILITIES. Separate utils, circuit breakers, steam furnaces and hot water tanks. 2 BRAND NEW furnaces installed December '17 and one new hot water heater. Units 1 and 2 are sec8 long term TAW, Unit 3 market tenant leased through August 2018. Units 2 and 3 are in great shape. Unit 1 will need Cosmetic TLC if and when it turns over. ALL TENANTS PAY RENT ON TIME! Be advised NO PARKING, the driveway is a right of way for the house in the rear between 18 and 22 Henry. Excellent Investment Opportunity, you don't see these returns in this market! Priced to Sell
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 2,178
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2018
Closed on
Mar 22, 2018
Sold by
Uguys Development Llc
Bought by
Huang Biping
Seller's Agent
Anthony DiCesare
Broad Sound Real Estate, LLC
Buyer's Agent
Betty Huang
WinPlus Realty Group
List Price
$529,000
Sold Price
$525,000
Premium/Discount to List
-$4,000
-0.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,329
Avg. Annual Appreciation
7.15%
Original Mortgage
$393,750
Outstanding Balance
$336,191
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$575,138
Purchase Details
Closed on
Jun 1, 2017
Sold by
Ricketts Gersham and Ricketts Maxine
Bought by
Uguys Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.97%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang Biping | $525,000 | -- | |
| Huang Biping | $525,000 | -- | |
| Uguys Development Llc | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huang Biping | $393,750 | |
| Closed | Huang Biping | $393,750 | |
| Previous Owner | Uguys Development Llc | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/22/2018 03/22/18 | Sold | $525,000 | -0.8% | $139 / Sq Ft |
| 01/29/2018 01/29/18 | Pending | -- | -- | -- |
| 01/25/2018 01/25/18 | For Sale | $529,000 | -- | $140 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $8,328 | $803,900 | $182,000 | $621,900 |
| 2024 | $8,322 | $790,300 | $175,500 | $614,800 |
| 2023 | $7,650 | $686,100 | $138,300 | $547,800 |
| 2022 | $7,630 | $613,800 | $125,000 | $488,800 |
| 2021 | $7,232 | $555,000 | $110,800 | $444,200 |
| 2020 | $6,858 | $511,800 | $104,300 | $407,500 |
| 2019 | $6,524 | $456,200 | $88,200 | $368,000 |
| 2018 | $6,030 | $398,000 | $87,300 | $310,700 |
| 2017 | $5,739 | $367,900 | $76,800 | $291,100 |
| 2016 | $5,126 | $316,800 | $57,800 | $259,000 |
| 2015 | $4,606 | $275,000 | $55,000 | $220,000 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony DiCesare
-
Betty Huang
Buyer's Agent in 2018
Betty Huang
WinPlus Realty Group
(617) 642-6112
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72274429
APN: LYNN-000070-000647-000013
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.
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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