NOT LISTED FOR SALE

Estimated Value: $890,000 - $1,000,000

6 Beds
4 Baths
2,718 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $615,000 $226 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,038/month

3 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Satellite Dish
  • Deck
  • Screened Porch
  • 3-minute walk to Kings Beach

About This Home

As of September 2019

Life is a beach at this stunning unique Diamond District 2-family perfectly situated along a side-street by the sea. Looking for a wonderful investment or a home you can build some "sweat equity" in while having a tenant to help pay the mortgage? Here's your chance! With a little love, this home's character can be updated to fully enjoy the benefits of living along the coast. Both units offer townhouse-living with 2 bedrooms & 2 full baths each! Off-street parking, a good-sized basement for storage, & a private yard for relaxation are just added benefits. Second unit offers private roof-top deck. The bones are solid so bring your own creative touch. With days at the beach, magnificent panoramic scenery, great restaurants, shops, public transportation, and the benefits of being so close to Boston while being nestled on the North Shore, you can easily find yourself falling in love & calling 18 King St home for years to come! This will be gone faster than summer so schedule your showing!

Last Listed By

Anne Carpenter

Century 21 Tradition License #454000875 Listed on: 08/15/2019

Century 21 Tradition

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,477

Year Built

  • Built in 1910

Lot Details

  • 4,356

Interior Spaces

  • Window Screens
  • Screened Porch
  • Ocean Views
  • Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number M:102 B:553 L:015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,477

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 220.71
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AN5406
  • Main So: C99977
  • Estimated Sq Ft: 2718.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Vinyl
  • Exterior Features: Porch - Enclosed, Porch - Screened, Deck - Roof, Gutters, Screens, Satellite Dish
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Lynn
  • Heat Zones: 2
  • Utility Connections: for Electric Range, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Walk/Jog Trails

Schools

  • Elementary School: Harrington
  • Middle School: Marshall
  • High School: English

Lot Info

  • Assessments: 545000.00
  • Acre: 0.10
  • Lot Size: 4499.00
  • Page: 434
  • Parcel Number: M:102 B:553 L:015
  • Zoning: R1
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Heat Units: 1
  • Total Levels: 4
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7794.00
  • Assessor Parcel Number: 2001155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Sep 27, 2019
Sold by
Mason Laurence A and Mason Priscilla A
Bought by
Moses Nicholas A and Williams Hannah A
Seller's Agent
Anne Carpenter
Century 21 Tradition
Buyer's Agent
Lauren Barton
Littlefield Real Estate
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Total Days on Market
3
Current Estimated Value
$937,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,559
Avg. Annual Appreciation
6.78%
Original Mortgage
$547,000
Outstanding Balance
$485,361
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$406,619

Purchase Details

Closed on
Nov 27, 2015
Sold by
Mason Laurence A and Mason Priscilla A
Bought by
Mason Priscilla A and Mason Laurence A

Purchase Details

Closed on
Apr 24, 1997
Sold by
Spanos Gregory J
Bought by
Mason Laurene A and Mason Priscilla

Purchase Details

Closed on
Aug 2, 1996
Sold by
Spanos Sue Ann
Bought by
Spanos Gregory J

Purchase Details

Closed on
Nov 10, 1994
Sold by
Kings Island Rt and King Lawrence J
Bought by
King St Rt and Ricci James

Purchase Details

Closed on
Nov 9, 1994
Sold by
Saugus Bk & Tr Co
Bought by
Kings Island Rt and King Lawrence

Purchase Details

Closed on
Oct 29, 1992
Sold by
King Kevin M
Bought by
Saugus B&T Co

Range of Values:

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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
Moses Nicholas A $615,000 --
Mason Priscilla A -- --
Mason Priscilla A -- --
Mason Laurene A $184,000 --
Mason Laurene A $184,000 --
Spanos Gregory J $125,000 --
Spanos Gregory J $125,000 --
King St Rt $45,000 --
King St Rt $45,000 --
Kings Island Rt $65,000 --
Kings Island Rt $65,000 --
Saugus B&T Co $100,000 --
Saugus B & T Co $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Nicholas A $547,000
Closed Moses Nicholas A $547,000
Previous Owner Saugus B & T Co $100,000
Previous Owner Saugus B & T Co $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $615,000 +2.5% $226 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $599,900 -- $221 / 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 $9,477 $914,810 $215,200 $699,610
2024 $9,230 $876,500 $228,000 $648,500
2023 $9,098 $816,000 $211,300 $604,700
2022 $9,079 $730,400 $168,200 $562,200
2021 $8,666 $665,100 $165,200 $499,900
2020 $7,211 $538,100 $147,900 $390,200
2019 $7,794 $545,000 $193,900 $351,100
2018 $7,252 $478,700 $181,100 $297,600
2017 $6,984 $447,700 $172,300 $275,400
2016 $6,579 $406,600 $162,600 $244,000
2015 $6,457 $385,500 $168,200 $217,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72550216

MLS Property Information Network (MLS PIN)

APN: LYNN-000102-000553-000015