NOT LISTED FOR SALE

232-234 Lynnfield St Lynn, MA 01904

Lynn Woods Neighborhood

Estimated Value: $938,634

5 Beds
2.5 Baths
3,383 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $750,000 $222 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,075/month

13 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Park
  • Property is near public transit
  • Corner Lot
  • Shops

About This Home

As of June 2024

DEVELOPER/ CONTRACTOR special! Property is Fire- Damaged! This mixed-used 3 unit home has 2 residential units and 1 commercial space used as a salon in the past. First unit has 4 Rooms/1 Bed/1 Bath with a separate living and dining room. Second unit has 9 Rooms/4 Beds/1.5 Baths. 11,223 SqFt corner lot offers space for 24 cars along with a 2 car garage! There are endless possibilities with this property. Fire damage mainly affected the second floor residential unit. Fire did not spread to first floor residential unit or commercial space. Only cash/ hard money buyers! No open houses, only private showings!

Last Agent to Sell the Property

Matt Tasgin

United Brokers Listed on: 04/24/2024

Last Buyer's Agent

Mission Impossible Team

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,592

Year Built

  • Built in 1893

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,383 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

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

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:060 B:029 L:020,1986688

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,592

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1893
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • 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: 4

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Interior Entry, Slab, Unfinished
  • Living Area: 3383
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: BB9067
  • LIST PRICE PER Sq Ft: 221.69
  • PRICE PER Sq Ft: 221.7
  • MAIN SO: BB9067

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 24

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Oil, Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:060 B:029 L:020,1986688
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11223
  • Lot Size Units: Acres
  • PAGE: 145
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9591.77
  • Tax Book Number: 40966

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Colombo Prop Mgmt Llc $593,186
Closed Europa Rt $360,000
Closed Europa Rt $355,000
Closed Estrella Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $750,000 0.0% $222 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $749,986 +275.0% $222 / Sq Ft
04/24/2024 04/24/24 For Sale $200,000 -- $59 / 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 -- $684,800 $338,300 $346,500
2024 -- $910,900 $321,200 $589,700
2023 $0 $831,000 $288,500 $542,500
2022 $0 $521,700 $249,900 $271,800
2021 $0 $521,700 $249,900 $271,800
2020 $0 $512,000 $240,200 $271,800
2019 $0 $473,400 $201,600 $271,800
2018 $0 $462,500 $182,600 $279,900
2017 $0 $453,300 $182,600 $270,700
2016 -- $436,300 $175,600 $260,700
2015 -- $414,200 $175,600 $238,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73228443

MLS Property Information Network (MLS PIN)

APN: LYNN-000060-000029-000020