2 Breed Terrace Lynn, MA 01902
Diamond District Neighborhood
7
Beds
3
Baths
2,679
Sq Ft
2,178
Sq Ft Lot
About This Home
As of June 2019BUYERS FINANCING FELL THROUGH!!! HERE IS YOUR OPPORTUNITY to.....Live or Invest in this turn-key Two family home with bonus space on the third floor. Property sits on a little dead end street within walking distance to the OCEAN!! Unit 1 features an updated kitchen with new cabinets and appliances, living room, 3 bedrooms and a new bathroom. Unit 2 features living room, kitchen, 3 bedrooms and updated bathroom. The third floor offers some bonus space with a large living room, king size bedroom and full bath. This property is in great condition with updated electrical service, newer windows, siding, roof, new water tanks, new heating systems(1 is less than 5 yrs old & 1 is one month old), freshly painted interior, and more. Come take a look
Last Agent to Sell the Property
Bertolino and Associates Real Estate Listed on: 09/06/2016
Last Buyer's Agent
Non Member
Non Member Office
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,338
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Level
- Property Type: Multi-family
- Lead Paint: Certified Treated, Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 13
- Amenities: Public Transportation, Shopping
- Electric: Circuit Breakers, Individually Metered
- Energy: Insulated Windows, Insulated Doors
- Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood, Wood Laminate
- Basement: Full, Interior Access, Bulkhead, Concrete Floor
- Total Levels: 3
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Gutters, Screens
- Foundation: Fieldstone
- Beach: Ocean
- Beach Ownership: Public
Garage/Parking
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 1
Utilities
- Heat Zones: 2
- Hot Water: Natural Gas, Tank
- Utility Connections: for Electric Range, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Zoning: R1
- Lot: 053
Multi Family
- Appliances Common: Washer, Dryer
- Heat Units: 2
- Total Bedrooms: 7
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 13
- Total Rent_1: 2750
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2019
Closed on
Jun 18, 2019
Sold by
Menchu Miguel
Bought by
Hossain Sifat
Seller's Agent
Miguel Menchu
Charles River Properties, LLC
Buyer's Agent
Miguel Menchu
Charles River Properties, LLC
List Price
$589,900
Sold Price
$518,000
Premium/Discount to List
-$71,900
-12.19%
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
$303,304
Avg. Annual Appreciation
7.52%
Original Mortgage
$419,550
Outstanding Balance
$372,740
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$437,968
Purchase Details
Listed on
Sep 6, 2016
Closed on
Apr 28, 2017
Sold by
Rodriguez Catherine
Bought by
Menchu Miguel
Seller's Agent
Lisa Bertolino
Bertolino and Associates Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$405,982
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 1, 2014
Closed on
May 4, 2015
Sold by
Harris Eva
Bought by
Rodriguez Catherine
Seller's Agent
George Meimeteas
Real Estate and Company
Buyer's Agent
George Meimeteas
Real Estate and Company
List Price
$279,900
Sold Price
$278,000
Premium/Discount to List
-$1,900
-0.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.04%
Original Mortgage
$268,721
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 28, 2003
Sold by
Holdi Grtr North Shore and Gregson James S
Bought by
Harris Eva
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 10, 2003
Sold by
Gelineau Roy F
Bought by
Grtr N Shore Holding and Gregson James S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lynn, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $518,000 | -- | |
| Not Resolvable | $420,000 | -- | |
| Not Resolvable | $278,000 | -- | |
| Deed | $385,000 | -- | |
| Deed | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $419,550 | New Conventional | |
| Previous Owner | $405,982 | FHA | |
| Previous Owner | $268,721 | FHA | |
| Previous Owner | $365,750 | Purchase Money Mortgage | |
| Previous Owner | $215,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2019 06/01/19 | Sold | $518,000 | -5.0% | $193 / Sq Ft |
| 05/02/2019 05/02/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | Price Changed | $545,000 | -7.5% | $203 / Sq Ft |
| 04/24/2019 04/24/19 | Price Changed | $588,999 | -0.2% | $220 / Sq Ft |
| 04/19/2019 04/19/19 | For Sale | $589,900 | +40.5% | $220 / Sq Ft |
| 04/28/2017 04/28/17 | Sold | $420,000 | +1.2% | $157 / Sq Ft |
| 03/23/2017 03/23/17 | Pending | -- | -- | -- |
| 01/24/2017 01/24/17 | For Sale | $415,000 | 0.0% | $155 / Sq Ft |
| 12/14/2016 12/14/16 | Pending | -- | -- | -- |
| 11/01/2016 11/01/16 | Price Changed | $415,000 | -3.5% | $155 / Sq Ft |
| 09/06/2016 09/06/16 | For Sale | $429,900 | +54.6% | $160 / Sq Ft |
| 05/04/2015 05/04/15 | Sold | $278,000 | -0.7% | $104 / Sq Ft |
| 04/04/2015 04/04/15 | Pending | -- | -- | -- |
| 10/01/2014 10/01/14 | For Sale | $279,900 | -- | $104 / 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 | $7,338 | $708,337 | $166,500 | $541,837 |
| 2024 | $6,955 | $660,500 | $159,300 | $501,200 |
| 2023 | $7,094 | $636,200 | $170,300 | $465,900 |
| 2022 | $7,107 | $571,800 | $140,000 | $431,800 |
| 2021 | $6,352 | $487,500 | $103,200 | $384,300 |
| 2020 | $5,999 | $447,700 | $106,100 | $341,600 |
| 2019 | $5,551 | $388,200 | $81,900 | $306,300 |
| 2018 | $5,090 | $336,000 | $92,000 | $244,000 |
| 2017 | $4,948 | $317,200 | $89,800 | $227,400 |
| 2016 | $5,176 | $319,900 | $104,700 | $215,200 |
| 2015 | -- | $333,300 | $114,300 | $219,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Miguel Menchu
Charles River Properties, LLC
(617) 233-6075
1 in this area
13 Total Sales
-
Seller's Agent in 2017
Lisa Bertolino
Bertolino and Associates Real Estate
(978) 375-8399
14 Total Sales
-
N
Buyer's Agent in 2017
Non Member
Non Member Office
-
Seller's Agent in 2015
George Meimeteas
Real Estate and Company
(978) 764-7504
8 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72062787
APN: LYNN-000093-000568-000053
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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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