$530,000
SOLD AUG 4, 2021
3 Beds
2 Baths
1,878 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

7 Days on Market

About This Home

As of August 2021

Fabulous Lynn two-family near the Swampscott train station and the beach. Lovely period features intact like entry foyer, fireplace mantle, and fir floors! Looking to own and rent one unit - the second floor apartment features a walkup attic that may be suitable for expansion! Investor - explore the possibilities to expand the living space! Lots of improvements and upgrades (electrical, heating system unit 2, laundry, new kitchen (unit 1) with granite and tile floors, stainless appliances, and updated baths.small second bedroom looks onto sunporch! Sunporch on second floor unit affords terrific overflow living space and feels like you are in a treehouse (not year-round living space but more potential for expansion). Off-street parking for two (tandem). Small fenced yard with exterior access to units. .

Last Agent to Sell the Property

Bernadette Kelly

Keller Williams Realty Colonial Partners Listed on: 06/09/2021

Keller Williams Realty Colonial Partners

Last Buyer's Agent

Kristi Gjikondi

Gjikondi Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1860

Additional Features

  • Porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:103 B:539 L:008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,717

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 281.68
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1860
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1860

Interior Features

  • Fireplaces: 1
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 7
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Main Lo: A95627
  • Main So: AN3959
  • Estimated Sq Ft: 1878.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Exterior: Shingles, Wood
  • Exterior Features: Porch
  • Foundation: Irregular

Garage/Parking

  • Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Public Transportation, Highway Access, Marina
  • App Common: Washer, Dryer

Lot Info

  • Assessments: 465500.00
  • Acre: 0.06
  • Lot Size: 2777.00
  • Page: 458
  • Parcel Number: M:103 B:539 L:008
  • Zoning: R1
  • Lot Description: Level

Multi Family

  • Total Levels: 3
  • Total Rent: 2500
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6065.00
  • Assessor Parcel Number: 2000781
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 3, 2021
Sold by
Martha N Schmitt Lt
Bought by
Shuka Luciano
Seller's Agent
Bernadette Kelly
Keller Williams Realty Colonial Partners
Buyer's Agent
Kristi Gjikondi
Gjikondi Realty
List Price
$529,000
Sold Price
$530,000
Premium/Discount to List
$1,000
0.19%
Total Days on Market
7
Current Estimated Value
$712,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,991
Avg. Annual Appreciation
6.76%
Original Mortgage
$520,400
Outstanding Balance
$478,919
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$202,336

Purchase Details

Closed on
Dec 23, 2015
Sold by
Schmitt Martha
Bought by
Martha N Schmitt Lt and Schmitt Martha N

Purchase Details

Listed on
Apr 2, 2014
Closed on
Jul 31, 2014
Sold by
Piazza Jean M Est and Piazza
Bought by
Schmitt Martha
Seller's Agent
Arthur Shannon
Century 21 North East
Buyer's Agent
Arthur Shannon
Century 21 North East
List Price
$249,900
Sold Price
$215,000
Premium/Discount to List
-$34,900
-13.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$161,250
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1993
Sold by
Piazza Jean M and Piazza Christopher
Bought by
Piazza Jean M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $530,000 None Available
Deed -- --
Deed -- --
Fiduciary Deed $215,000 --
Fiduciary Deed $215,000 --
Deed $6,392 --
Deed $6,392 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Credit Line Revolving
Open $520,400 FHA
Closed $520,400 FHA
Previous Owner $161,250 New Conventional
Previous Owner $421,123 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $530,000 +0.2% $282 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $529,000 +146.0% $282 / Sq Ft
07/30/2014 07/30/14 Sold $215,000 -14.0% $114 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $249,900 -- $133 / 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 $6,717 $648,326 $192,200 $456,126
2024 $6,355 $603,500 $180,700 $422,800
2023 $6,378 $572,000 $178,200 $393,800
2022 $6,572 $528,700 $143,400 $385,300
2021 $6,065 $465,500 $121,300 $344,200
2020 $5,703 $425,600 $118,400 $307,200
2019 $5,537 $387,200 $110,600 $276,600
2018 $5,360 $353,800 $119,200 $234,600
2017 $4,959 $317,900 $98,300 $219,600
2016 $4,754 $293,800 $98,700 $195,100
2015 $4,385 $261,800 $98,700 $163,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72845664

MLS Property Information Network (MLS PIN)

APN: LYNN-000103-000539-000008