NOT LISTED FOR SALE

27 Dearborn Ave Lynn, MA 01905

Austin Square Neighborhood

Estimated Value: $872,000 - $1,035,916

6 Beds
3 Baths
2,721 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2020

Last sale price $665,000 $244 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,035 / mo

5 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Garden
  • Wood Flooring
  • Porch
  • 4-minute walk to GEAA Field

About This Home

As of March 2020

Perfect for an owner occupant or smart investor, this Lynn three family is in a residential neighborhood off Summer near Boston Street. There is a renovated 2nd floor two bedroom apartment vacant and available for a new owner if desired or projected rent is $1800 (renovated). The first floor 2 bedroom apartment is leased for $1700/month. The third floor two bedroom apartment is leased for $1650/month. Seller provides an estimated annual rent of $61,800. A Buyer can live in the second floor apartment and collect rental income from the other two units totaling $3350/month. There is a rear yard, side decks, front enclosed porches and maintenance free vinyl siding. Freshly painted and cleaned up, this one is worth stopping by! .

Last Agent to Sell the Property

John

RCG Properties Listed on: 02/08/2020

Co-Listed By

John Schwagerl

RCG Properties License #449524005

Last Buyer's Agent

Leah Snowdale

Compass

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Fenced Yard
  • Garden

Parking

  • 2 Car Garage

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 242.52
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Ife Common: Wood Flooring, Remodeled
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor
  • Main Lo: NB2011
  • Main So: BB6013
  • Estimated Sq Ft: 2721.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Fenced Yard, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Marina, Public School

Lot Info

  • Assessments: 440000.00
  • Acre: 0.10
  • Lot Size: 4206.00
  • Page: 538
  • Zoning: R4
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rent: 3350
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6292.00
  • Assessor Parcel Number: 1994465

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 19, 2020
Sold by
Bought by
Seller's Agent
John
RCG Properties
Buyer's Agent
Leah Snowdale
Compass
List Price
$659,900
Sold Price
$665,000
Premium/Discount to List
$5,100
0.77%
Current Estimated Value
$974,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,229
Avg. Annual Appreciation
6.18%
Original Mortgage
$652,955
Outstanding Balance
$565,709
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$408,520

Purchase Details

Closed on
Dec 9, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$665,000 None Available
$240,000 --
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $17,442
Open $652,955
Previous Owner $1,194,000
Previous Owner $1,080,000
Previous Owner $144,000
Previous Owner $205,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $665,000 +0.8% $244 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $659,900 -- $243 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,224 $793,800 $193,600 $600,200
2024 $8,145 $773,500 $180,100 $593,400
2023 $8,136 $729,700 $199,100 $530,600
2022 $7,811 $628,400 $152,500 $475,900
2021 $7,372 $565,800 $131,800 $434,000
2020 $6,526 $487,000 $135,200 $351,800
2019 $6,292 $440,000 $120,800 $319,200
2018 $5,769 $380,800 $108,900 $271,900
2017 $5,454 $349,600 $95,300 $254,300
2016 $5,105 $315,500 $87,700 $227,800
2015 $4,787 $285,800 $90,200 $195,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John

    RCG Properties

    13 Total Sales

    John
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    John Schwagerl

    RCG Properties

    Section Image
  • Leah Snowdale

    Buyer's Agent in 2020

    Leah Snowdale

    Compass

    (508) 274-6897

    80 Total Sales

    Leah Snowdale
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72617345

MLS Property Information Network (MLS PIN)

APN: LYNN-000020-000312-000021

Massachusetts Essex County Lynn 01905 Austin Square

27 Dearborn Ave, Lynn, MA

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MLS Property Information Network (MLS PIN) 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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