Seller's Agent in 2024
Drew Boujoulian
Coldwell Banker Realty - Boston
(617) 242-0025
1 in this area
161 Total Sales
25 Forest Hill Ave Lynn, MA 01904
Pine Hill Neighborhood
7
Beds
7
Baths
4,848
Sq Ft
7,268
Sq Ft Lot
Highlights
- Ocean View
- Balcony
- 2-minute walk to Jenkins Park
- Corner Lot
About This Home
As of August 2024Located in the Pine Hill neighborhood, this 6+ unit investment property offers a lucrative opportunity for seasoned investors or those entering the real estate market. The property consists of five 1-bedroom apartments and two studios. Recent upgrades include a brand-new roof installed in May 2024 and the installation of carbon monoxide and smoke detectors in all apartments and stairways in 2021, along with the replacement of water tanks between 2021 and 2023.
Last Agent to Sell the Property
Coldwell Banker Realty - Boston Listed on: 05/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,525
Year Built
- Built in 1910
Lot Details
- 7,268 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 4,848 Sq Ft Home
- Ocean Views
- Partially Finished Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
Listing and Financial Details
- Total Actual Rent $3,500
- Tax Lot 7,268
- Assessor Parcel Number 1991346
Community Details
Overview
- 7 Units
- Property has 1 Level
Building Details
- Net Operating Income $52,200
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2024 08/09/24 | Sold | $1,170,000 | +11.5% | $241 / Sq Ft |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 05/21/2024 05/21/24 | For Sale | $1,049,000 | -- | $216 / 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 | $11,594 | $1,119,100 | $212,000 | $907,100 |
| 2024 | $11,525 | $1,094,500 | $201,700 | $892,800 |
| 2023 | $10,441 | $936,400 | $202,600 | $733,800 |
| 2022 | $9,948 | $800,300 | $169,100 | $631,200 |
| 2021 | $10,041 | $770,600 | $147,700 | $622,900 |
| 2020 | $9,602 | $716,600 | $136,000 | $580,600 |
| 2019 | $8,626 | $603,200 | $128,600 | $474,600 |
| 2018 | $8,342 | $550,600 | $135,600 | $415,000 |
| 2017 | $7,752 | $496,900 | $117,900 | $379,000 |
| 2016 | $7,234 | $447,100 | $111,800 | $335,300 |
| 2015 | $6,546 | $390,800 | $117,900 | $272,900 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Boujoulian
-
Joe Flanagan
J
Seller Co-Listing Agent in 2024
Joe Flanagan
Coldwell Banker Realty - Boston
(617) 634-2255
1 in this area
10 Total Sales
-
Viviane Alvarenga
Buyer's Agent in 2024
Viviane Alvarenga
Keller Williams Realty Evolution
(978) 930-4273
2 in this area
130 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73241073
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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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