NOT LISTED FOR SALE

Estimated Value: $612,000 - $647,536

4 Beds
2 Baths
1,772 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $565,000 $319 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,845/month

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Deck
  • 3-minute walk to High Rock Tower

About This Home

As of July 2024

This property is the perfect fit for the first-time home buyer or investors looking to expand their portfolio. Located in the highlands of Lynn, seats this two-family dwelling owned and cared by the same nonsmoking family for decades. Separate utilities, off street parking, maintenance free exterior and seating at the end of the lot for a more relaxing and quieter time during resting hours. Conveniently located near all local amenities and attractions, downtown Lynn, the beach, parks and airport. Come see it at the first group showing this Thursday at 6 pm and make this your next place to live. This is possibly the lower priced multi-family in Lynn. Don't miss out on his great opportunity.

Last Agent to Sell the Property

Jose Reyes

Re-yes Real Estate Listed on: 06/10/2024

Last Buyer's Agent

Pedro Calcano

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 1900

Lot Details

  • 3,283 Sq Ft Lot
  • Fenced
  • Gentle Sloping Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,772 Sq Ft Home
  • Property has 1 Level
  • Carpet
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • 110 Volts

Listing and Financial Details

  • Assessor Parcel Number M:083 B:666 L:015,2004326

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,973

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: Carpet, Varies
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 1772
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C10136
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Electric: 110 Volts, Circuit Breakers
  • Water Source: Public
  • SEWAGE DISTRICT: Lynn
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:083 B:666 L:015,2004326
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3283
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5973

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
Jun 10, 2024
Closed on
Jul 19, 2024
Sold by
Nelson Albert S Est and Burton
Bought by
Gerardo Jessica M and Mejia Miguelina E
Seller's Agent
Jose Reyes
Re-yes Real Estate
Buyer's Agent
Pedro Calcano
William Raveis R.E. & Home Services
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
17
Current Estimated Value
$629,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,634
Avg. Annual Appreciation
8.10%
Original Mortgage
$423,750
Outstanding Balance
$417,932
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,703

Purchase Details

Closed on
Aug 2, 1985
Bought by
Nelson Albert S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gerardo Jessica M $565,000 None Available
Nelson Albert S $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerardo Jessica M $423,750
Previous Owner Nelson Albert S $20,000
Previous Owner Nelson Albert S $20,000
Previous Owner Nelson Albert S $9,378
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $565,000 -1.7% $319 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $575,000 -- $324 / 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 $6,397 $617,512 $192,200 $425,312
2024 $5,973 $567,200 $173,500 $393,700
2023 $6,017 $539,600 $173,500 $366,100
2022 $5,983 $481,300 $141,900 $339,400
2021 $5,628 $431,900 $129,400 $302,500
2020 $4,962 $370,300 $101,100 $269,200
2019 $4,866 $340,300 $98,600 $241,700
2018 $4,533 $299,200 $95,300 $203,900
2017 $4,140 $265,400 $74,100 $191,300
2016 $3,746 $231,500 $62,400 $169,100
2015 $3,638 $217,200 $67,000 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250085

MLS Property Information Network (MLS PIN)

APN: LYNN-000083-000666-000015