B
Seller's Agent in 2022
Bill D
Charlesgate Realty Group, llc
1 in this area
12 Total Sales
206 Eastern Ave Lynn, MA 01902
Eastern Avenue NeighborhoodEstimated Value: $805,000 - $1,135,918
5
Beds
3
Baths
2,838
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Waterfront
- Wood Flooring
- Corner Lot
About This Home
As of June 2022This 2 family will not go 1st time buyer. Great opportunity to get involved in an income property after a few updates. The 2nd floor tenant will stay 1st floor will be delivered vacant, The property has great potential. 3 bed goes with the 2nd unit with 2 full baths. Buyer needs to qualify without using 2nd fl no income need pre qual with that being stated
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,893
Year Built
- Built in 1926
Lot Details
- 4,792 Sq Ft Lot
- Waterfront
- Corner Lot
- Level Lot
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,838 Sq Ft Home
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,000
- Assessor Parcel Number M:104 B:533 L:007,2000596
Community Details
Overview
- 2 Units
- Property has 1 Level
Building Details
- Net Operating Income $12,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2022
Closed on
Jun 10, 2022
Sold by
Patrick Chan T and Patrick Chan
Bought by
Palmerin Silvia B and Palmerin Victor M
Seller's Agent
Bill D
Charlesgate Realty Group, llc
Buyer's Agent
Carla Sella
List Price
$749,900
Sold Price
$670,000
Premium/Discount to List
-$79,900
-10.65%
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
$272,730
Avg. Annual Appreciation
9.92%
Original Mortgage
$502,500
Outstanding Balance
$476,015
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$466,715
Purchase Details
Closed on
Sep 6, 2013
Sold by
Keosopheaphorn Buth
Bought by
Patrick Chan T and Patrick Chan
Purchase Details
Closed on
Jul 15, 1993
Sold by
Torto Patricia A
Bought by
Torto Richard T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Palmerin Silvia B | $670,000 | None Available | |
| Patrick Chan T | -- | -- | |
| Patrick Chan T | -- | -- | |
| Torto Richard T | $65,000 | -- | |
| Torto Richard T | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palmerin Silvia B | $502,500 | |
| Previous Owner | Torto Richard T | $250,000 | |
| Previous Owner | Torto Richard T | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $670,000 | -10.7% | $236 / Sq Ft |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- |
| 04/22/2022 04/22/22 | For Sale | $749,900 | -- | $264 / 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 | $10,903 | $1,052,385 | $202,900 | $849,485 |
| 2024 | $12,716 | $1,207,600 | $190,800 | $1,016,800 |
| 2023 | $7,919 | $710,200 | $188,200 | $522,000 |
| 2022 | $7,893 | $635,000 | $151,400 | $483,600 |
| 2021 | $7,276 | $558,400 | $128,100 | $430,300 |
| 2020 | $6,798 | $507,300 | $125,000 | $382,300 |
| 2019 | $6,569 | $459,400 | $116,800 | $342,600 |
| 2018 | $6,271 | $413,900 | $125,900 | $288,000 |
| 2017 | $5,811 | $372,500 | $103,800 | $268,700 |
| 2016 | $5,517 | $341,000 | $104,300 | $236,700 |
| 2015 | $5,254 | $313,700 | $104,300 | $209,400 |
Source: Public Records
Agents Affiliated with this Home
-
Bill D
-
Carla Sella
Buyer's Agent in 2022
Carla Sella
(617) 953-6262
1 in this area
62 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72970564
APN: LYNN-000104-000533-000007
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.
Nearby Homes
- 59 Essex St Unit 59B
- 29-31 Essex Ave Unit 2
- 79 Brookline St
- 26 Groveland St
- 189 Burrill St Unit 2
- 146 Burrill St
- 11 Boynton St Unit 104
- 11 Boynton St Unit 102
- 11 Boynton St Unit 204
- 80 Norfolk Ave Unit 1
- 51 New Ocean St Unit 2
- 108-110 Burrill St Unit 1
- 40 Buena Vista St
- 129 Williams Ave
- 175 Essex St
- 7-9 Rock Ave
- 106 Norfolk Ave
- 7 Sidney Ave
- 11 Seymour Ave Unit 3
- 40 Andrew Rd
- 204 Eastern Ave
- 204 Eastern Ave Unit 1
- 204 Eastern Ave Unit 3
- 204 Eastern Ave Unit 2
- 8-10 Upham Rd
- 8 Upham Rd Unit 10
- 210 Eastern Ave
- 210 Eastern Ave Unit 1
- 200 Eastern Ave
- 9 Brookline St
- 9 Upham Rd
- 14 Upham Rd
- 212 Eastern Ave
- 11 Upham Rd
- 15 Brookline St
- 203 Eastern Ave
- 207 Eastern Ave
- 209 Eastern Ave Unit 211
- 199 Eastern Ave
- 8 Timson St Unit 10