NOT LISTED FOR SALE

Estimated Value: $721,131 - $839,000

6 Beds
3 Baths
2,898 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $620,000 $214 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,966/month

5 Days on Market

About This Home

As of October 2021

Potential income opportunity! This 3 family home in Lynn has so much potential! Great location close to schools, Flax Pond, and restaurants. This multi-family home offers a first-floor unit with 2 beds and 1 full bathroom, with a updated kitchen. The second floor and third floor units both offer 2 bedrooms and 1 full bathroom. Each unit has a separate entry and separate utilities including separate laundry! Additional features include sunlit rooms, 4 parking spots in the driveway, fenced in yard and porch! This property will benefit from some TLC. Showings during open houses only - Friday 8/6 4-7, Sat & Sun 11-2. Offers due Monday 8/9 at 1:00pm.

Last Listed By

James Major

Lamacchia Realty, Inc. Listed on: 08/05/2021

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,042

Year Built

  • 1900

Lot Details

  • 3,920

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,042

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Euclid Ave to Sylvia Street
  • Garage Yn: No
  • Efficiency: Varies per Unit
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Compactor,Refrigerator,Washer,Dryer), Unit 2(Range,Disposal,Refrigerator,Washer,Dryer), Unit 3(Range,Disposal,Compactor,Refrigerator,Washer), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections Varies per Unit
  • Has Basement: Full, Interior Entry, Bulkhead, Dirt Floor, Unfinished
  • Fireplace Features: Unit 1(Fireplace - Natural Gas)
  • Total Bathrooms: 3
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 210.49
  • PRICE PER Sq Ft: 213.94
  • MAIN SO: NB5336
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile,Vinyl,Carpet,Varies Per Unit,Laminate, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen,Office/Den)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony, Rain Gutters, Storage, Unit 2 Balcony/Deck
  • Foundation Details: Stone, Brick/Mortar, Irregular
  • Construction Type: Frame
  • Disclosures: Buyers And Buyers Agents To Perform Due Diligence.
  • Exclusions: Flat Screen Tv, Deep Freezer, Window Treatments
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Features: Cleared, Level
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Central Heat,Oil), Unit 2(Central Heat,Oil), Unit 3(Gas,Floor Furnace)
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Fuses, Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station

Lot Info

  • LOT SIZE: 4000
  • PAGE: 135
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: R1

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7255
  • Tax Block: 125
  • Tax Book Number: 24276
  • Tax Lot: 018
  • Tax Map Number: 087
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 29, 2021
Sold by
Houle Barbara A and Houle Charles H
Bought by
Gu Li and Zhang Shuchi
Seller's Agent
James Major
Lamacchia Realty, Inc.
Buyer's Agent
Betty Huang
WinPlus Realty Group
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
Total Days on Market
5
Current Estimated Value
$782,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,283
Avg. Annual Appreciation
9.65%
Original Mortgage
$465,000
Outstanding Balance
$430,426
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,889

Purchase Details

Closed on
Oct 16, 2014
Sold by
Houle Charles H
Bought by
Houle Charles H

Purchase Details

Closed on
May 10, 2005
Sold by
Houle Charles H and Houle Wilfred L
Bought by
Houle Charles H

Range of Values:

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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
Gu Li $620,000 None Available
Houle Charles H -- --
Houle Charles H -- --
Houle Charles H -- --
Houle Charles H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gu Li $465,000
Closed Gu Li $465,000
Previous Owner Houle Wilfred L $115,000
Previous Owner Houle Wilfred L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $620,000 +1.6% $214 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $610,000 -- $210 / 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 $7,042 $679,700 $193,800 $485,900
2024 $7,038 $668,400 $188,300 $480,100
2023 $6,827 $612,300 $184,900 $427,400
2022 $7,705 $619,900 $168,700 $451,200
2021 $7,255 $556,800 $146,600 $410,200
2020 $6,882 $513,600 $136,900 $376,700
2019 $6,721 $470,000 $129,600 $340,400
2018 $6,386 $421,500 $133,500 $288,000
2017 $5,964 $382,300 $113,100 $269,200
2016 $5,522 $341,300 $101,600 $239,700
2015 -- $305,600 $101,600 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72876897

MLS Property Information Network (MLS PIN)

APN: LYNN-000087-000125-000018