E
Seller's Agent in 2022
Ernesto Erazo
United Brokers
25 Clifton Ave Lynn, MA 01902
Fayette Street NeighborhoodEstimated Value: $792,000 - $859,000
7
Beds
3
Baths
2,904
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Scenic Views
- Enclosed Patio or Porch
- Garden
- 0.3 Acre Lot
- Window Unit Cooling System
- Fenced
About This Home
As of April 2022Great opportunity for investors, Needs some TLC, also need new Hardwire smoke alarm system, Make and offer "as is" or to include the new alarm system, Consider this in your offer. Large Multi Family property on a large and unique lot, Please note a second lot across the street is Includes in the sale as a package (Lot 25/32), Lot 32 currently being use as a parking lot. Current rents are well below market, Unit 1 and 2 are occupied, unit 3 is vacant.
Last Agent to Sell the Property
Ernesto Erazo
United Brokers Listed on: 12/01/2021
Last Buyer's Agent
Brian Martinez
COM-PRO Real Estate Services, Inc
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,793
Year Built
- Built in 1900
Lot Details
- 0.3 Acre Lot
- Fenced
- Sloped Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Stone
Interior Spaces
- 2,904 Sq Ft Home
- Scenic Vista Views
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Enclosed Patio or Porch
Schools
- Ingalls E Elementary School
- Thurgood Marsh Middle School
- Lynn English High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,400
- Legal Lot and Block 014 / 474
- Assessor Parcel Number 1998774
Community Details
Overview
- 3 Units
- Property has 2 Levels
Building Details
- Net Operating Income $28,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2021
Closed on
Apr 8, 2022
Sold by
Dama Vanessa
Bought by
Orellana Margoth
Seller's Agent
Ernesto Erazo
United Brokers
Buyer's Agent
Brian Martinez
COM-PRO Real Estate Services, Inc
List Price
$569,000
Sold Price
$555,000
Premium/Discount to List
-$14,000
-2.46%
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
$278,667
Avg. Annual Appreciation
12.87%
Original Mortgage
$416,250
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 31, 2018
Closed on
Oct 30, 2018
Sold by
Magana Francisco
Bought by
Dam Vanessa
Seller's Agent
Sara Hrono
Century 21 North East
Buyer's Agent
Sara Hrono
Century 21 North East
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Purchase Details
Closed on
Feb 27, 2003
Sold by
Avila Edgar and Luna Veronica
Bought by
Avila Edgar
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 |
|---|---|---|---|
| Orellana Margoth | $555,000 | None Available | |
| Dam Vanessa | $410,000 | -- | |
| Magana Francisco | $410,000 | -- | |
| Avila Edgar | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orellana Margoth | $684,000 | |
| Closed | Orellana Margoth | $416,250 | |
| Previous Owner | Avila Edgar | $340,000 | |
| Previous Owner | Avila Edgar | $344,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $555,000 | -2.5% | $191 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 12/01/2021 12/01/21 | For Sale | $569,000 | +38.8% | $196 / Sq Ft |
| 10/30/2018 10/30/18 | Sold | $410,000 | +2.5% | $141 / Sq Ft |
| 02/08/2018 02/08/18 | Pending | -- | -- | -- |
| 01/31/2018 01/31/18 | For Sale | $399,900 | -- | $138 / 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 | $9,072 | $875,700 | $190,900 | $684,800 |
| 2024 | $9,037 | $858,200 | $181,500 | $676,700 |
| 2023 | $8,594 | $770,800 | $165,300 | $605,500 |
| 2022 | $8,516 | $685,100 | $142,200 | $542,900 |
| 2021 | $8,209 | $630,000 | $134,600 | $495,400 |
| 2020 | $7,793 | $581,600 | $125,100 | $456,500 |
| 2019 | $7,472 | $522,500 | $108,000 | $414,500 |
| 2018 | $6,871 | $453,500 | $99,900 | $353,600 |
| 2017 | $6,582 | $421,900 | $93,600 | $328,300 |
| 2016 | $6,063 | $374,700 | $80,500 | $294,200 |
| 2015 | $5,514 | $329,200 | $76,400 | $252,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Buyer's Agent in 2022
Brian Martinez
COM-PRO Real Estate Services, Inc
-
Seller's Agent in 2018
Sara Hrono
Century 21 North East
(617) 222-0931
178 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72923966
APN: LYNN-000096-000474-000014
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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