NOT LISTED FOR SALE

Estimated Value: $935,000 - $1,016,000

11 Beds
4 Baths
3,607 Sq Ft
$274/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $760,000 $211 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,148/month

4 Days on Market

About This Home

As of April 2021

Extraordinary large 3 family in the heart of Lynn, a rare find with all separate utilities, deleaded, with new roof, newer windows, vinyl siding and plenty of parking. Ideal for the owner occupant o an investor as units are fully occupied with excellent rents and incredible cash flow. Tenants on first floor on a lease until October 2021, and other units with TAW are negotiable to either stay for an investor buyer or move out for an owner occupant.

Last Agent to Sell the Property

Jose Reyes

Re-yes Real Estate Listed on: 03/23/2021

Last Buyer's Agent

Rosa Feliz

Re-yes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,199

Year Built

  • Built in 1900

Lot Details

  • 5,227

Flooring

  • Wood
  • Tile

Schools

  • English High School

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:083 B:620 L:018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,199

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 210.70
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 6
  • No Bedrooms: 11
  • Total Brs: 11
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 17
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Main Lo: C10136
  • Main So: C10136
  • Estimated Sq Ft: 3607.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone
  • Foundation Size: 999

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, Circuit Breakers, Individually Metered
  • Sewage District: Lynn
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Schools

  • Elementary School: Harrington
  • Middle School: Marshall
  • High School: English

Lot Info

  • Assessments: 587200.00
  • Acre: 0.12
  • Lot Size: 5240.00
  • Page: 120
  • Parcel Number: M:083 B:620 L:018
  • Zoning: R5
  • Lot Description: Paved Drive, Gentle Slope

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 6400
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 7651.00
  • Assessor Parcel Number: 2003345
  • Tax Year: 2021

MLS Schools

  • Grade School: Harrington
  • High School: English
  • Middle School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 30, 2021
Sold by
Arias Ramon A
Bought by
Olivera Miguel A and Gutierrez Ronald F
Seller's Agent
Jose Reyes
Re-yes Real Estate
Buyer's Agent
Rosa Feliz
Re-yes Real Estate
List Price
$760,000
Sold Price
$760,000
Current Estimated Value
$987,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,591
Avg. Annual Appreciation
5.81%
Original Mortgage
$746,234
Outstanding Balance
$682,453
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$287,372

Purchase Details

Closed on
Apr 12, 2001
Sold by
Fay John L and Fay Diane M
Bought by
Paulino Maria L
Source: Public Records

Range of Values:

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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
Olivera Miguel A $760,000 None Available
Paulino Maria L $226,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivera Miguel A $746,234
Previous Owner Paulino Maria L $450,000
Previous Owner Paulino Maria L $250,000
Previous Owner Fay John L $180,000
Previous Owner Fay John L $157,100
Previous Owner Fay John L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $760,000 0.0% $211 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/25/2021 03/25/21 Off Market $760,000 -- --
03/23/2021 03/23/21 For Sale $760,000 -- $211 / 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 $9,199 $887,900 $198,200 $689,700
2024 $9,194 $873,100 $191,200 $681,900
2023 $8,451 $757,900 $150,700 $607,200
2022 $8,077 $649,800 $136,100 $513,700
2021 $7,651 $587,200 $120,700 $466,500
2020 $7,253 $541,300 $113,600 $427,700
2019 $6,891 $481,900 $96,000 $385,900
2018 $6,369 $420,400 $95,100 $325,300
2017 $6,160 $394,900 $83,700 $311,200
2016 $5,503 $340,100 $63,000 $277,100
2015 $4,950 $295,500 $59,900 $235,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72803983

MLS Property Information Network (MLS PIN)

APN: LYNN-000083-000620-000018