NOT LISTED FOR SALE

Estimated Value: $689,298 - $848,000

6 Beds
2 Baths
2,424 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $650,000 $268 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,621/month

7 Days on Market

Highlights

  • Medical Services
  • Deck
  • Jogging Path
  • Waterfront
  • Property is near public transit and schools
  • Park

About This Home

As of August 2021

Opportunity is knocking! Great property for an Owner Occupant or an Investor. Fabulous 2-Family in East Lynn. Minutes to transportation, walking distance to beach and schools. First floor unit consists of 2 bedrooms, living room, kitchen, private deck and full bath. The 2nd unit encompasses both the 2nd and 3rd floors and consists of 4 bedrooms, living room with full bar, dining room, kitchen, private deck and full bath. All utilities are separate. Unit 1 Boiler replaced in 2015, Unit 2 Boiler replaced in 2016, Unit 2 water heater replaced in 2017. Insulation blown-in in 2010. Replacement windows in 2010. 3rd floor could easily be converted into a separate 3rd unit. Property is being sold as is. Buyer to perform due diligence. Property to be delivered vacant. Subject to seller finding suitable housing. Offer deadline Tuesday, 6/29 at 12noon.

Last Agent to Sell the Property

Andrew Boardman

Coldwell Banker Realty - Haverhill Listed on: 06/23/2021

Coldwell Banker Realty - Haverhill

Last Buyer's Agent

Cristina Garcia

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Waterfront
  • Fenced
  • Level Lot
  • Garden

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,424 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Storm Doors
  • Dishwasher
  • Washer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

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

Outdoor Features

  • Bulkhead
  • Deck
  • Rain Gutters

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:096 B:481 L:006,1998970

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,132

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet,Varies Per Unit,Laminate
  • Interior Amenities: Unit 2(Ceiling Fans,Pantry,High Speed Internet Hookup,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 2424
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AC0433

Exterior Features

  • Exterior Features: Rain Gutters, Garden, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Radiators,Oil), Unit 2(Hot Water Radiators,Oil)
  • Cooling Y N: No
  • Electric: Fuses, Individually Metered
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:096 B:481 L:006,1998970
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3569

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6132

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 31, 2021
Sold by
Smith Kimberly
Bought by
Garcia Richard
Seller's Agent
Andrew Boardman
Coldwell Banker Realty - Haverhill
Buyer's Agent
Cristina Garcia
Coldwell Banker Realty - Marblehead
List Price
$579,000
Sold Price
$650,000
Premium/Discount to List
$71,000
12.26%
Current Estimated Value
$777,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,575
Avg. Annual Appreciation
4.16%
Original Mortgage
$552,500
Outstanding Balance
$498,330
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,245

Purchase Details

Closed on
Jun 10, 2008
Sold by
Wallace Kimberly A and Smith Kimberly
Bought by
Smith Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1992
Sold by
Roman Morris
Bought by
Smith Kimberly A and Smith Robert F
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
Garcia Richard $650,000 None Available
Garcia Richard $650,000 None Available
Garcia Richard $650,000 None Available
Smith Kimberly -- --
Smith Kimberly -- --
Smith Kimberly A $103,000 --
Smith Kimberly A $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Richard $552,500
Closed Garcia Richard $552,500
Previous Owner Smith Kimberly A $50,000
Previous Owner Smith Kimberly A $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $650,000 +12.3% $268 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $579,000 -- $239 / 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 $6,990 $674,674 $193,400 $481,274
2024 $6,629 $629,500 $184,200 $445,300
2023 $6,618 $593,500 $179,600 $413,900
2022 $6,629 $533,300 $149,800 $383,500
2021 $6,132 $470,600 $129,200 $341,400
2020 $5,703 $425,600 $122,100 $303,500
2019 $5,524 $386,300 $114,100 $272,200
2018 $5,156 $340,300 $111,200 $229,100
2017 $4,884 $313,100 $98,200 $214,900
2016 $4,474 $276,500 $86,900 $189,600
2015 $4,137 $247,000 $78,900 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72854982

MLS Property Information Network (MLS PIN)

APN: LYNN-000096-000481-000006