B
Seller's Agent in 2023
Beatrice Realty Group
EXIT Realty Beatrice Associates
1 in this area
40 Total Sales
2 Hancock St Lynn, MA 01904
Pine Hill NeighborhoodEstimated Value: $477,000 - $929,000
5
Beds
3
Baths
2,408
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- City View
- Property is near public transit and schools
- Corner Lot
- Deck
- 1 Fireplace
- 3-minute walk to Jenkins Park
About This Home
As of January 2023Welcome to 2 Hancock Street. 3 Family Home located in the Pine Hill Neighborhood of Lynn; situated on a corner lot with ocean views throughout the second and third floors. The first floor apartment will be delivered vacant for an owner occupant or a new tenant. The second & third floor units are rented and well maintained. This home features newly separated electric meters; including a common panel; 3 gas heating systems and one hot water tank less than a year old. A great opportunity for an owner occupant or investment property.
Last Agent to Sell the Property
EXIT Realty Beatrice Associates Listed on: 12/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,974
Year Built
- Built in 1900
Lot Details
- 3,750 Sq Ft Lot
- Corner Lot
Property Views
- City
- Scenic Vista
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,408 Sq Ft Home
- 1 Fireplace
- Microwave
- Laundry Room
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Open Parking
Outdoor Features
- Deck
- Covered Patio or Porch
Location
- Property is near public transit and schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Separate Meters
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,100
- Rent includes unit 1(hot water), unit 3(hot water)
- Assessor Parcel Number M:055 B:221 L:012,1991862
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Electric Expense $400
- Insurance Expense $1,600
- Water Sewer Expense $600
- Operating Expense $3,300
- Net Operating Income $57,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2022
Closed on
Jan 6, 2023
Sold by
Duarte Lisa C and Tupper Brandon W
Bought by
Romelus Jean E
Seller's Agent
Beatrice Realty Group
EXIT Realty Beatrice Associates
Buyer's Agent
Kristopher Gergler
J. Barrett & Company
List Price
$675,000
Sold Price
$674,000
Premium/Discount to List
-$1,000
-0.15%
Views
51
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
$88,684
Avg. Annual Appreciation
4.21%
Original Mortgage
$640,300
Outstanding Balance
$619,063
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,621
Purchase Details
Closed on
Dec 21, 2012
Sold by
Tupper Wayne R
Bought by
Tupper Brandon W and Duarte Lisa C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.43%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Romelus Jean E | $674,000 | None Available | |
| Tupper Brandon W | $250,000 | -- | |
| Tupper Brandon W | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Romelus Jean E | $640,300 | |
| Previous Owner | Tupper Brandon W | $187,500 | |
| Previous Owner | Tupper Brandon W | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2023 01/06/23 | Sold | $674,000 | -0.1% | $280 / Sq Ft |
| 12/05/2022 12/05/22 | Pending | -- | -- | -- |
| 12/01/2022 12/01/22 | For Sale | $675,000 | -- | $280 / 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 | $7,074 | $682,800 | $192,000 | $490,800 |
| 2024 | $7,293 | $692,600 | $182,700 | $509,900 |
| 2023 | $7,127 | $639,200 | $183,500 | $455,700 |
| 2022 | $6,974 | $561,100 | $153,100 | $408,000 |
| 2021 | $6,587 | $505,500 | $133,700 | $371,800 |
| 2020 | $6,236 | $465,400 | $123,200 | $342,200 |
| 2019 | $6,100 | $426,600 | $116,400 | $310,200 |
| 2018 | $5,859 | $386,700 | $122,800 | $263,900 |
| 2017 | $5,594 | $358,600 | $106,700 | $251,900 |
| 2016 | $5,296 | $327,300 | $101,300 | $226,000 |
| 2015 | $5,045 | $301,200 | $106,700 | $194,500 |
Source: Public Records
Agents Affiliated with this Home
-
Beatrice Realty Group
-
Carol Beatrice
Seller Co-Listing Agent in 2023
Carol Beatrice
Real Broker MA, LLC
(781) 929-1010
1 in this area
40 Total Sales
-
Kristopher Gergler
K
Buyer's Agent in 2023
Kristopher Gergler
J. Barrett & Company
(617) 543-2889
1 in this area
63 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73062233
APN: LYNN-000055-000221-000012
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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