RENTED AUG 15, 2025

227 Chestnut St Unit 1 Lynn, MA 01902

Fayette Street Neighborhood

Estimated Value: $907,000 - $1,033,000

3 Beds
1 Bath
1,000 Sq Ft
$977/Sq Ft Est. Value

Highlights

  • 9,999 Sq Ft lot
  • Fenced Yard
  • Forced Air Heating System
  • No HOA
  • Intercom

About This Home

As of August 2025

Deleaded 3 bed 1 bath unit in the gutted (2011) well-maintained non-smoking building. Extra storage, washer/dryer hookups, shared backyard, street parking. Available May 1st.

Last Agent to Rent the Property

Natalie Zurman

Boston Real Property Listed on: 05/23/2025

Last Renter's Agent

Natalie Zurman

Boston Real Property Listed on: 05/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 9,999 Sq Ft Lot
  • Fenced Yard

Home Design

  • 1,000 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lps Elementary And Middle School
  • Lps High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,900
  • Rent includes water, sewer, trash collection, snow removal, extra storage
  • Assessor Parcel Number 1999842

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Common Area

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12+)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2900

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1890
  • Entry Level: 1
  • Year Built Details: Renovated Since
  • Year Round: Yes
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Above Grade Finished Sq Ft: 1000
  • Accessibility Features: No
  • Living Area: 1000
  • Other Equipment: Intercom
  • Spa YN: No
  • MAIN LO: AC0844
  • MAIN SO: AC0844

Exterior Features

  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Home Warranty YN: No
  • Waterfront Features: 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Extra Storage
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1999842
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Lps
  • Elementary School: Lps
  • Middle Or Junior School: Lps

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Tokatlyan Michael and Tokatlyan Mike
Bought by
227 Chestnut Llc
Current Estimated Value
$977,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$528,184
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,122

Purchase Details

Closed on
Jul 2, 2014
Sold by
Madio Jesika
Bought by
Tokatlyan Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,855
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2010
Sold by
Department Of Housing & Urban Dev
Bought by
Madio Jesika

Purchase Details

Closed on
Oct 16, 2008
Sold by
Everhome Mtg Co
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Aug 29, 2008
Sold by
Ment James and Everhome Mtg Co
Bought by
Everhome Mtg Co

Purchase Details

Closed on
Aug 13, 2003
Sold by
Souza Luis
Bought by
Ment James

Purchase Details

Closed on
Aug 6, 2003
Sold by
Souza Luis
Bought by
Ment James

Purchase Details

Closed on
Sep 6, 2001
Sold by
Mahmood Zainal A
Bought by
Pacheco Leonisio and Martinez Vilma

Purchase Details

Closed on
Nov 28, 2000
Sold by
Kritopoulos George and Bank One Na
Bought by
Mahmood Zainal A

Purchase Details

Closed on
Dec 17, 1998
Sold by
Mongeon Theresa
Bought by
Kritopoulas George

Purchase Details

Closed on
Apr 20, 1993
Sold by
227 Chestnut St Rt
Bought by
Mongeon Theresa

Purchase Details

Closed on
Jul 2, 1992
Sold by
Citicorp Mtg Inc
Bought by
227 Chestnut St Rt

Purchase Details

Closed on
Oct 22, 1991
Sold by
Karzon M Yasin
Bought by
Citicorp Mtg Inc

Purchase Details

Closed on
Jun 8, 1988
Sold by
Derrico Albert J
Bought by
Karzon M Yasin
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
227 Chestnut Llc $780,000 None Available
227 Chestnut Llc $780,000 None Available
Tokatlyan Mike $347,000 --
Madio Jesika $134,000 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Everhome Mtg Co $537,986 --
Everhome Mtg Co $537,986 --
Ment James $409,000 --
Ment James $409,000 --
Ment James $409,000 --
Ment James $409,000 --
Pacheco Leonisio $299,900 --
Pacheco Leonisio $299,900 --
Mahmood Zainal A $151,000 --
Mahmood Zainal A $151,000 --
Kritopoulas George $103,900 --
Kritopoulas George $103,900 --
Mongeon Theresa $118,000 --
Mongeon Theresa $118,000 --
227 Chestnut St Rt $23,000 --
227 Chestnut St Rt $23,000 --
Citicorp Mtg Inc $63,000 --
Citicorp Mtg Inc $63,000 --
Karzon M Yasin $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 227 Chestnut Llc $585,000
Closed 227 Chestnut Llc $585,000
Previous Owner Tokatlyan Mike $334,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Rented $2,700 0.0% --
08/07/2025 08/07/25 Under Contract -- -- --
06/09/2025 06/09/25 Price Changed $2,700 -3.6% $3 / Sq Ft
06/04/2025 06/04/25 Price Changed $2,800 -3.4% $3 / Sq Ft
05/23/2025 05/23/25 For Rent $2,900 -- --
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 $8,638 $833,800 $188,500 $645,300
2024 $8,517 $808,800 $170,100 $638,700
2023 $8,257 $740,500 $170,100 $570,400
2022 $7,886 $634,400 $139,100 $495,300
2021 $7,531 $578,000 $126,900 $451,100
2020 $6,886 $513,900 $99,100 $414,800
2019 $6,711 $469,300 $96,700 $372,600
2018 $6,208 $409,800 $93,400 $316,400
2017 $5,744 $368,200 $72,600 $295,600
2016 $5,265 $325,400 $61,200 $264,200
2015 $4,886 $291,700 $65,700 $226,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73380536

MLS Property Information Network (MLS PIN)

APN: LYNN-000095-000510-000022