NOT LISTED FOR SALE

2 Adams St Lynn, MA 01902

Highlands Neighborhood

Estimated Value: $702,000 - $836,000

6 Beds
3 Baths
1,981 Sq Ft
$385/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $620,000 $313 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,812/month

13 Days on Market

About This Home

As of December 2020

Welcome to this updated and turnkey two family. Property is fully rented and has many updates. Unit 2 has TWO LEVELS of living space and has JUST been updated! Consisting of 8 rooms; 4 Bedrooms, 2 Full Baths, Kitchen, Living Room and Dining Room. The kitchen has been updated as well as the baths. Unit 1 consists of 5 rooms; 2 Bedrooms, 1 Full Bath, Kitchen, Living Room and Dining Room. Both units have separate utilities with updated electrical, hot water heaters & heating systems. Additionally, as a bonus, the driveway has been recently seal coated. Located close to High Rock Tower Park, Fraser Field, Lynn Auditorium, Flax Pond, Restaurants, Public Schools, Shopping and Route 107.

Last Agent to Sell the Property

Goldpath Real Estate Group

United Brokers Listed on: 10/07/2020

Last Buyer's Agent

Cathy Davila-Morgan

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,010

Year Built

  • Built in 1900

Lot Details

  • 2,178

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:084 B:711 L:015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,010

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 297.32
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AC0756
  • Main So: AC0342
  • Estimated Sq Ft: 1981.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 409500.00
  • Acre: 0.05
  • Lot Size: 2388.00
  • Page: 132
  • Parcel Number: M:084 B:711 L:015
  • Zoning: R2
  • Lot Description: Corner

Multi Family

  • Total Levels: 3
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5487.00
  • Assessor Parcel Number: 2005384
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 2, 2020
Sold by
Medrano Nelson
Bought by
Garcia Stephanie
Seller's Agent
Goldpath Real Estate Group
United Brokers
Buyer's Agent
Cathy Davila-Morgan
eXp Realty
List Price
$589,000
Sold Price
$620,000
Premium/Discount to List
$31,000
5.26%
Current Estimated Value
$763,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,302
Avg. Annual Appreciation
4.10%
Original Mortgage
$575,905
Outstanding Balance
$519,440
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$227,574

Purchase Details

Closed on
Dec 22, 2017
Sold by
Payano Amantina Y
Bought by
Medrano Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,442
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2001
Sold by
Fabrizio George A and Fabrizio Barbara L
Bought by
Payano Amantina Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,950
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1989
Sold by
Yanakakis Kary
Bought by
Linde Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
9.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Garcia Stephanie $620,000 None Available
Medrano Nelson $329,300 --
Payano Amantina Y $155,500 --
Payano Amantina Y $155,500 --
Linde Rt $2,300,000 --
Linde Rt $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Stephanie $575,905
Closed Garcia Stephanie $575,905
Previous Owner Medrano Nelson $351,758
Previous Owner Medrano Nelson $356,442
Previous Owner Linde Rt $139,950
Previous Owner Linde Rt $1,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $620,000 +5.3% $313 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $589,000 -- $297 / 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 $7,010 $676,656 $187,000 $489,656
2024 $6,552 $622,200 $168,800 $453,400
2023 $6,589 $590,900 $168,800 $422,100
2022 $6,587 $529,900 $138,100 $391,800
2021 $6,187 $474,800 $125,900 $348,900
2020 $5,487 $409,500 $98,400 $311,100
2019 $5,374 $375,800 $95,900 $279,900
2018 $4,512 $297,800 $92,700 $205,100
2017 $4,164 $266,900 $72,100 $194,800
2016 $3,763 $232,600 $60,700 $171,900
2015 $3,646 $217,700 $65,200 $152,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Goldpath Real Estate Group

    United Brokers

    (781) 486-3180

    2 in this area

    151 Total Sales

    Goldpath Real Estate Group
    Section Image
  • Cathy Davila-Morgan

    Buyer's Agent in 2020

    Cathy Davila-Morgan

    eXp Realty

    (954) 591-6007

    1 in this area

    18 Total Sales

    Cathy Davila-Morgan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72736436

MLS Property Information Network (MLS PIN)

APN: LYNN-000084-000711-000015

Massachusetts Essex County Lynn 01902 Highlands

2 Adams St, Lynn, MA

This home is located at 2 Adams St, Lynn, MA 01902 since 07 October 2020 and is currently estimated at $763,302, approximately $385 per square foot. This property was built in 1900. 2 Adams St is a home located in Essex County with nearby schools including Ingalls Elementary School, William R. Fallon School, and Marshall Middle School.

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