NOT LISTED FOR SALE

Estimated Value: $851,000 - $990,000

5 Beds
3 Baths
3,173 Sq Ft
$295/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $670,000 $211 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,871/month

9 Days on Market

About This Home

As of March 2020

Fantastic and completely renovated 2 family, great for investor or savvy owner occupant who can live on the second/third floor and collect rent from the first floor! Located in the sought after Diamond District of Lynn, extremely close to Swampscott Beach, minutes from public transportation, shopping, parks, and easy access to the highway! Both units include spacious, versatile floor plans, hardwood floors, high ceilings, classic charm and period details. Completed in 2020 were two (almost identical) gorgeous, picture perfect eat-in kitchens with quartz countertops, stainless steel appliances and extra cabinet space in the islands. Large and updated bathrooms, spacious bedrooms with abundant closet space and a private outdoor deck to enjoy in the warmer months. Central air and heating systems were updated 3 years ago, 3 car parking, laundry hook ups in each unit, and many other upgrades & desirable features throughout. Group showings begin on Friday from 12pm-1pm!

Last Agent to Sell the Property

Candice Hodgson

Lyv Realty Listed on: 02/18/2020

Last Buyer's Agent

Michael Ihionu

Home America Realty & Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,244

Year Built

  • Built in 1870

Lot Details

  • 4,356

Additional Features

  • Wood Flooring
  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:081 B:580 L:022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,244

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 204.85
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Walk Out, Unfinished Basement
  • Main Lo: AN5767
  • Main So: NB2388
  • Estimated Sq Ft: 3173.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 489800.00
  • Acre: 0.10
  • Lot Size: 4158.00
  • Page: 187
  • Parcel Number: M:081 B:580 L:022
  • Zoning: R5

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 1700
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 7004.00
  • Assessor Parcel Number: 2002223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 30, 2020
Sold by
Baron Victoria and Garniss Christopher
Bought by
Iqbal Tabish
Seller's Agent
Candice Hodgson
Lyv Realty
Buyer's Agent
Michael Ihionu
Home America Realty & Investments
List Price
$649,995
Sold Price
$670,000
Premium/Discount to List
$20,005
3.08%
Current Estimated Value
$936,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,028
Avg. Annual Appreciation
5.63%
Original Mortgage
$620,000
Outstanding Balance
$553,985
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$347,162

Purchase Details

Listed on
Aug 17, 2015
Closed on
Oct 14, 2015
Sold by
Giusto Jason
Bought by
Garniss Christopher and Baron Victoria
Seller's Agent
Judy Toner
The Proper Nest Real Estate
Buyer's Agent
Candice Hodgson
Lyv Realty
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$411,410
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 27, 2015
Sold by
Lanzoni James J Est
Bought by
Guitso Jason
Seller's Agent
Judy Toner
The Proper Nest Real Estate
Buyer's Agent
Judy Toner
The Proper Nest Real Estate
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
333.36%
Original Mortgage
$192,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2011
Sold by
Mede Edmund J
Bought by
Lanzoni James J and Mede Edmund J
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
Iqbal Tabish $670,000 None Available
Garniss Christopher $419,000 --
Guitso Jason $240,000 --
Lanzoni James J -- --
Lanzoni James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Tabish $620,000
Closed Iqbal Tabish $620,000
Previous Owner Garniss Christopher $411,410
Previous Owner Guitso Jason $192,000
Previous Owner Mede Edmund J $41,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $670,000 +3.1% $211 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $649,995 +55.1% $205 / Sq Ft
10/14/2015 10/14/15 Sold $419,000 0.0% $132 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $419,000 +74.6% $132 / Sq Ft
05/27/2015 05/27/15 Sold $240,000 -10.8% $76 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $269,000 -- $85 / 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 $9,244 $892,316 $186,600 $705,716
2024 $8,774 $833,200 $178,500 $654,700
2023 $8,930 $800,900 $190,900 $610,000
2022 $8,895 $715,600 $149,000 $566,600
2021 $8,192 $628,700 $122,100 $506,600
2020 $7,528 $561,800 $125,500 $436,300
2019 $7,004 $489,800 $96,900 $392,900
2018 $6,699 $442,200 $108,900 $333,300
2017 $6,181 $396,200 $95,600 $300,600
2016 $4,987 $308,200 $79,800 $228,400
2015 -- $286,300 $84,500 $201,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72620739

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000580-000022