NOT LISTED FOR SALE

Estimated Value: $818,000 - $982,000

6 Beds
3 Baths
3,841 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $600,000 $156 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,498/month

6 Days on Market

About This Home

As of August 2019

LARGE 3 FAMILY home on Major Transportation Route; Welcome Home to 255 Western Avenue, Lynn w/ 3,841 Sq. Ft. of living space, this is the 3 FAMILY home you have been waiting for! First & Second floor units have 2 bedrooms, one with on-suite, full bath, eat-in-kitchen, dining room, living room, hard wood floors, gas for cooking & hot water. The 3rd floor unit has 2 bedrooms, full bath, eat-in-kitchen, living space, vestibule with coat room, sky lights & more. Roof is 2 years young, separate utilities, washer & dryer facilities, 4 plus off street parking, rear fenced in grass yard, flat usable 3,900 sq. ft. level lot; located on Route 107, close to Rte's. 1, 129, 95 & 93; short commute to Boston. Walk out your front door to catch your bus. This well kept beautiful 3 family home is fully occupied. Each resident is a TAW. Do not miss the Open House SATURDAY JUNE 22nd, from 1-3pm. ALL SHOWINGS ARE AT THE OPEN HOUSE ONLY! All offers due Monday 5pm. Please allow up to 48 hours for response.

Last Agent to Sell the Property

Katie DiVirgilio

RE/MAX 360 Listed on: 06/20/2019

RE/MAX 360

Last Buyer's Agent

Marina Kotlyar

RE/MAX Vision

RE/MAX Vision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,920

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 143.19
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: AN4305
  • Main So: H29200
  • Estimated Sq Ft: 3841.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck
  • Foundation: Irregular

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: LWS

Lot Info

  • Assessments: 497800.00
  • Acre: 0.09
  • Lot Size: 3900.00
  • Page: 493
  • Zoning: R2
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 3
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 7118.54
  • Assessor Parcel Number: 1992706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 8, 2019
Sold by
Monaco Ann and Monaco Dennis J
Bought by
Thapa Ram C
Seller's Agent
Katie DiVirgilio
RE/MAX 360
Buyer's Agent
Marina Kotlyar
RE/MAX Vision
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%
Current Estimated Value
$919,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,987
Avg. Annual Appreciation
6.44%
Original Mortgage
$450,000
Outstanding Balance
$392,651
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$505,780
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thapa Ram C $600,000 --
Thapa Ram C $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thapa Ram C $450,000
Closed Thapa Ram C $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2019 08/08/19 Sold $600,000 +9.1% $156 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $550,000 -- $143 / 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 $8,651 $835,000 $195,800 $639,200
2024 $8,516 $808,700 $176,700 $632,000
2023 $8,251 $740,000 $176,700 $563,300
2022 $8,046 $647,300 $144,500 $502,800
2021 $7,671 $588,700 $131,800 $456,900
2020 $7,271 $542,600 $103,000 $439,600
2019 $7,119 $497,800 $100,400 $397,400
2018 $6,563 $433,200 $97,000 $336,200
2017 $6,129 $392,900 $75,400 $317,500
2016 $5,606 $346,500 $63,600 $282,900
2015 $5,177 $309,100 $68,200 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72522325

MLS Property Information Network (MLS PIN)

APN: LYNN-000085-000251-000014