NOT LISTED FOR SALE

230 Eastern Ave Lynn, MA 01902

Fayette Street Neighborhood

Estimated Value: $568,000 - $705,000

5 Beds
2 Baths
2,050 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $530,000 $259 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,979/month

4 Days on Market

Highlights

  • Property is near public transit
  • Walking Distance to Water
  • Shops
  • Wood Flooring
  • Porch
  • Coin Laundry

About This Home

As of October 2023

Discover this versatile 2-unit multifamily gem at 230 Eastern Ave in Lynn - less than 5 minutes from Lynn Beach and Central Square. With a total of 5 bedrooms and 2 bathrooms split between the two units, encompassing 2050 square feet, this value-add property is priced to impress at just $525,000. Whether you're seeking rental income or an owner-occupier looking for flexibility, this is your chance to make a move in the Lynn market. Don't miss out—join us this weekend at the open house.

Last Agent to Sell the Property

Jake Giuffrida

eXp Realty Listed on: 09/06/2023

eXp Realty

Last Buyer's Agent

Mauro Silva

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,225

Year Built

  • Built in 1900

Lot Details

  • 1,884

Parking

  • Open Parking

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,050 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Bulkhead
  • Porch

Additional Features

  • 1,884 Sq Ft Lot
  • Property is near public transit
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:104 B:527 L:013,2000461

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,225

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Carpet,Hardwood
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Living Area: 2050
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7143
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:104 B:527 L:013,2000461
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1884
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6225

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 25, 2023
Sold by
Blaney John Est and Blaney
Bought by
Beckert Cinthia and Silva Sergio M
Seller's Agent
Jake Giuffrida
eXp Realty
Buyer's Agent
Mauro Silva
Century 21 North East
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
24
Current Estimated Value
$662,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,732
Avg. Annual Appreciation
10.54%
Original Mortgage
$397,500
Outstanding Balance
$389,411
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,321

Purchase Details

Closed on
Jan 1, 1967
Bought by
Blaney John O and Blaney Patricia A
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
Beckert Cinthia $530,000 None Available
Beckert Cinthia $530,000 None Available
Beckert Cinthia $530,000 None Available
Blaney John O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckert Cinthia $397,500
Closed Beckert Cinthia $397,500
Previous Owner Blaney John O $29,399
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $530,000 +1.0% $259 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $525,000 -- $256 / 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 $6,571 $634,284 $186,900 $447,384
2024 $6,210 $589,700 $175,800 $413,900
2023 $6,225 $558,300 $173,400 $384,900
2022 $6,167 $496,100 $139,500 $356,600
2021 $5,675 $435,500 $118,000 $317,500
2020 $5,328 $397,600 $115,200 $282,400
2019 $5,079 $355,200 $107,600 $247,600
2018 $4,909 $324,000 $116,000 $208,000
2017 $4,552 $291,800 $95,700 $196,100
2016 $4,352 $269,000 $96,100 $172,900
2015 $4,174 $249,200 $96,100 $153,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jake Giuffrida

    eXp Realty

    (978) 643-1505

    1 in this area

    18 Total Sales

    Jake Giuffrida
    Section Image
  • Mauro Silva

    Buyer's Agent in 2023

    Mauro Silva

    Century 21 North East

    (781) 443-5379

    1 in this area

    36 Total Sales

    Mauro Silva
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73155571

MLS Property Information Network (MLS PIN)

APN: LYNN-000104-000527-000013

Massachusetts Essex County Lynn 01902 Fayette Street

230 Eastern Ave, Lynn, MA

Not Listed for Sale

MultiFamily

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