G
Seller's Agent in 2022
Greg DiGiorgio
DiGiorgio Realty Group
(617) 233-4530
1 in this area
73 Total Sales
242 Boston St Lynn, MA 01904
Central Lynn NeighborhoodEstimated Value: $743,618 - $802,000
6
Beds
3
Baths
2,211
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Park
- Property is near public transit
- Jogging Path
- 4-minute walk to Jenkins Park
About This Home
As of September 2022Attention Investors & Owner Occupants! If you are looking to get into the multi-family game then this may be your opportunity. This flat top triple decker is located in the heart of Lynn and is convenient to everything. Each unit consists of 4 rooms, 2 bedrooms, and 1 bathroom. The home is in need of renovation, but has solid bones. Would be a great opportunity for an owner-occupied rehab loan. Close to shopping, public transportation, the common, restaurants, and public beaches. Comes with 2 off-street parking spaces.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,032
Year Built
- Built in 1900
Lot Details
- 1,558 Sq Ft Lot
- Near Conservation Area
- Level Lot
Home Design
- Triplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 2,211 Sq Ft Home
- Insulated Windows
- Insulated Doors
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
- Crawl Space
Parking
- 2 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 1 Heating Zone
- Heating Available
- Separate Meters
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1993057
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2022
Closed on
Sep 12, 2022
Sold by
Koudanis Paul Est
Bought by
Coppola Adelina
Seller's Agent
Greg DiGiorgio
DiGiorgio Realty Group
Buyer's Agent
Yessenia Alvarado
Compass
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Total Days on Market
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,905
Avg. Annual Appreciation
5.27%
Original Mortgage
$480,000
Outstanding Balance
$461,921
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,448
Purchase Details
Closed on
May 15, 2007
Sold by
Ramsey John
Bought by
Koudanis Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 2, 1996
Sold by
Yim Janet
Bought by
Ramsey John
Purchase Details
Closed on
Aug 13, 1992
Sold by
Noll Richard A
Bought by
Standard Fed Sb
Purchase Details
Closed on
Jun 13, 1988
Sold by
Deprizito Richard J
Bought by
Noll Richard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
10.21%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coppola Adelina | $640,000 | None Available | |
| Coppola Adelina | $640,000 | None Available | |
| Koudanis Paul | $110,000 | -- | |
| Koudanis Paul | $110,000 | -- | |
| Ramsey John | $62,000 | -- | |
| Ramsey John | $62,000 | -- | |
| Standard Fed Sb | $66,500 | -- | |
| Standard Fed Sb | $66,500 | -- | |
| Noll Richard A | $156,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coppola Adelina | $480,000 | |
| Closed | Coppola Adelina | $480,000 | |
| Previous Owner | Noll Richard A | $70,000 | |
| Previous Owner | Noll Richard A | $148,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2022 09/13/22 | Sold | $640,000 | -1.5% | $289 / Sq Ft |
| 07/24/2022 07/24/22 | Pending | -- | -- | -- |
| 07/21/2022 07/21/22 | For Sale | $649,900 | 0.0% | $294 / Sq Ft |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $649,900 | -- | $294 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,945 | $573,800 | $176,300 | $397,500 |
| 2024 | $5,885 | $558,900 | $165,700 | $393,200 |
| 2023 | $5,981 | $536,400 | $160,600 | $375,800 |
| 2022 | $6,032 | $485,300 | $148,700 | $336,600 |
| 2021 | $5,860 | $449,700 | $142,800 | $306,900 |
| 2020 | $5,473 | $408,400 | $125,800 | $282,600 |
| 2019 | $5,138 | $359,300 | $103,000 | $256,300 |
| 2018 | $4,604 | $303,900 | $85,600 | $218,300 |
| 2017 | $4,501 | $288,500 | $72,600 | $215,900 |
| 2016 | $4,176 | $258,100 | $64,700 | $193,400 |
| 2015 | $3,796 | $226,600 | $60,400 | $166,200 |
Source: Public Records
Agents Affiliated with this Home
-
Greg DiGiorgio
-
Yessenia Alvarado
Buyer's Agent in 2022
Yessenia Alvarado
Compass
(857) 333-9393
4 in this area
133 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72987771
APN: LYNN-000054-000258-000022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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