18 Morris St Lynn, MA 01905
West Lynn NeighborhoodEstimated Value: $869,109 - $1,023,000
9
Beds
3
Baths
3,618
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Porch
- Granite Flooring
- Jogging Path
- 4-minute walk to GEAA Field
About This Home
As of August 2021West Lynn Investment Opportunity - Large 3 family available for the first time in over 40 years! Each unit floorplan offers 3 beds, 1 bath, kitchen, living, dining, plus washer/dryer hookups and separate utilities. Off street parking with a shared partially fenced yard located within close proximity to area amenities. Property needs updating throughout but will be well worth the investment! Estate Sale, subject to a license to sell, property is being sold AS-IS and is located in a flood zone. Buyers/Buyers Agents to do their own due diligence. SHOWINGS BEGIN TUESDAY JUNE 1ST - OFFERS DUE FRIDAY JUNE 4TH AT 3:00PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,017
Year Built
- Built in 1890
Lot Details
- 4,356 Sq Ft Lot
- Near Conservation Area
- Fenced
- Level Lot
- Irregular Lot
Home Design
- Triplex
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,618 Sq Ft Home
- Insulated Windows
- Window Screens
- Storm Doors
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Granite
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Legal Lot and Block 009 / 280
- Assessor Parcel Number M:020 B:280 L:009,1993664
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Aug 20, 2021
Sold by
Keown Philip J Est
Bought by
Sar Sovathya
Seller's Agent
Amy Wallick
Lamacchia Realty, Inc.
Buyer's Agent
Sokhoeun (Tina) Toek
Keller Williams Realty Evolution
List Price
$635,000
Sold Price
$750,000
Premium/Discount to List
$115,000
18.11%
Total Days on Market
12
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
$198,777
Avg. Annual Appreciation
6.41%
Original Mortgage
$600,000
Outstanding Balance
$553,759
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,077
Purchase Details
Closed on
Jan 1, 1980
Bought by
Keown Philip J and Keown Frances L
Similar Homes in Lynn, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sar Sovathya | $750,000 | None Available | |
| Keown Philip J | $34,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sar Sovathya | $600,000 | |
| Previous Owner | Keown Philip J | $55,000 | |
| Previous Owner | Keown Philip J | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $750,000 | +18.1% | $207 / Sq Ft |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | For Sale | $635,000 | -- | $176 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,033 | $871,900 | $200,100 | $671,800 |
| 2024 | $8,932 | $848,200 | $183,800 | $664,400 |
| 2023 | $8,435 | $756,500 | $163,700 | $592,800 |
| 2022 | $7,541 | $606,700 | $153,900 | $452,800 |
| 2021 | $7,017 | $538,500 | $127,000 | $411,500 |
| 2020 | $6,480 | $483,600 | $106,000 | $377,600 |
| 2019 | $6,180 | $432,200 | $91,100 | $341,100 |
| 2018 | $5,874 | $387,700 | $99,600 | $288,100 |
| 2017 | $5,672 | $363,600 | $88,100 | $275,500 |
| 2016 | $5,318 | $328,700 | $83,400 | $245,300 |
| 2015 | $4,697 | $280,400 | $71,800 | $208,600 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Wallick
Seller's Agent in 2021
Amy Wallick
Lamacchia Realty, Inc.
(978) 767-0889
1 in this area
92 Total Sales
-
Sokhoeun (Tina) Toek
Buyer's Agent in 2021
Sokhoeun (Tina) Toek
Keller Williams Realty Evolution
(781) 215-4326
2 in this area
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72839032
APN: LYNN-000020-000280-000009
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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