NOT LISTED FOR SALE

Estimated Value: $786,784 - $883,000

8 Beds
3 Baths
2,694 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $430,000 $160 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,982/month

7 Days on Market

About This Home

As of August 2017

Great opportunity to owner occupy a well maintained multi family property in the heart of Lynn. Property is owner occupied, no current tenants & no leases. First floor unit has recent updates, features 3 bedrooms and has a large layout. Second floor unit is owner occupied. Upstairs unit features tons of additional space & may offer the new owners the opportunity to create a third unit (buyers responsible for diligence with regards to zoning) or simply have additional living area for extended family. Property will be delivered vacant, may not be delivered free & clear of personal property. *** Property is easy to show, email team member for easy access ***

Last Agent to Sell the Property

Gabriel Tavarez

Tavarez Realty Group, Inc. License #454007127 Listed on: 06/19/2017

Last Buyer's Agent

Rosa Martinez

Hacienda Realty

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation
  • Basement: Unfinished Basement
  • Full Bathrooms: 3
  • Total Levels: 2
  • Main Lo: AN3380
  • Main So: BB9790
  • Estimated Sq Ft: 2694.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:096 B:473 L:031
  • Zoning: R1
  • Acre: 0.17
  • Lot Size: 7216.00

Multi Family

  • Total Bedrooms: 8
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 16
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 15, 2017
Sold by
Bills Michele A
Bought by
Lopez-Ramirez Teofilo S and Lopez-Ramirez Ovalle-Fuentes E
Seller's Agent
Gabriel Tavarez
Tavarez Realty Group, Inc.
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$390,000
Sold Price
$430,000
Premium/Discount to List
$40,000
10.26%
Current Estimated Value
$834,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,946
Avg. Annual Appreciation
8.18%
Original Mortgage
$422,211
Outstanding Balance
$349,739
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$485,207

Purchase Details

Closed on
Apr 29, 1992
Sold by
East Boston Sb
Bought by
Bills Albert T and Bills Michele

Purchase Details

Closed on
Dec 3, 1991
Sold by
Young Gloria E
Bought by
East Boston Sb

Purchase Details

Closed on
Jul 6, 1987
Sold by
Starratt Wallace I
Bought by
Young Gloria E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez-Ramirez Teofilo S $430,000 --
Bills Albert T $95,000 --
Bills Albert T $95,000 --
East Boston Sb $120,000 --
East Boston Sb $120,000 --
Young Gloria E $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez-Ramirez Teofilo S $422,211
Closed Lopez-Ramirez Teofilo S $422,211
Previous Owner Young Gloria E $345,200
Previous Owner Young Gloria E $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $430,000 +10.3% $160 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $390,000 -- $145 / 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 $7,762 $749,251 $187,400 $561,851
2024 $7,356 $698,600 $178,100 $520,500
2023 $7,210 $646,600 $162,200 $484,400
2022 $7,319 $588,800 $138,800 $450,000
2021 $6,944 $532,900 $131,300 $401,600
2020 $6,432 $480,000 $122,000 $358,000
2019 $6,108 $427,100 $105,200 $321,900
2018 $5,599 $369,600 $97,200 $272,400
2017 $5,393 $345,700 $91,000 $254,700
2016 $4,915 $303,800 $78,200 $225,600
2015 $4,608 $275,100 $74,200 $200,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72184698

MLS Property Information Network (MLS PIN)

APN: LYNN-000096-000473-000031