28 Linwood Rd Lynn, MA 01905
Pine Hill Neighborhood
12
Beds
--
Bath
10,000
Sq Ft
8,738
Sq Ft Lot
About This Home
As of July 2025Spacious 10,000 square property, formerly a nursing home, offers a range of possibilities for a variety of redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses - there is tremendous potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,274
Year Built
- Built in 1900
Lot Details
- 8,738 Sq Ft Lot
- Property fronts an easement
Home Design
- Rooming House
- Frame Construction
- Shingle Roof
- Rubber Roof
- Block Exterior
- Concrete Perimeter Foundation
Interior Spaces
- 12 Bedrooms
- 10,000 Sq Ft Home
- Property has 1 Level
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number M:055 B:214 L:002,1991657
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2017
Sold by
Javer Llc
Bought by
Phillips Manor Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,500
Outstanding Balance
$414,105
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,053,637
Similar Homes in Lynn, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $875,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $492,500 | New Conventional | |
| Closed | $492,500 | New Conventional | |
| Closed | $344,750 | Stand Alone Second | |
| Previous Owner | $722,000 | Commercial | |
| Previous Owner | $750,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Sold | $1,100,000 | -26.6% | $110 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | Price Changed | $1,499,000 | -6.3% | $150 / Sq Ft |
| 02/08/2025 02/08/25 | For Sale | $1,600,000 | 0.0% | $160 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | For Sale | $1,600,000 | -- | $160 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $15,507 | $780,800 | $331,900 | $448,900 |
| 2024 | $15,274 | $756,900 | $315,200 | $441,700 |
| 2023 | $15,479 | $725,000 | $283,300 | $441,700 |
| 2022 | $15,424 | $650,800 | $246,300 | $404,500 |
| 2021 | $16,283 | $650,800 | $246,300 | $404,500 |
| 2020 | $16,598 | $641,600 | $237,100 | $404,500 |
| 2019 | $16,693 | $604,600 | $200,100 | $404,500 |
| 2018 | $16,598 | $563,600 | $182,000 | $381,600 |
| 2017 | $17,040 | $555,600 | $182,000 | $373,600 |
| 2016 | $17,168 | $535,500 | $175,000 | $360,500 |
| 2015 | $19,084 | $568,300 | $175,000 | $393,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Sonia Rollins
EXIT Premier Real Estate
(781) 454-6043
1 in this area
139 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73325061
APN: LYNN-000055-000214-000002
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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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