NOT LISTED FOR SALE

28 Lynnfield St Lynn, MA 01904

Parkland Avenue Neighborhood

Estimated Value: $635,298 - $773,000

5 Beds
2 Baths
1,979 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $722,500 $365 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,676/month

10 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Heating System Uses Oil
  • Wood Flooring
  • Shops
  • 4-minute walk to Barkland Avenue Dog Park

About This Home

As of July 2023

Lynn, Wyoma Square; Two Family Home In Desirable Ward One Area With Many Updates (Majority Of The Windows, Upstairs Kitchen, Living Room Flooring); Walk To Shopping, Banking and Dinning; Easy Access To Highway (Route 1/95/128); Both Units Have Lead Compliance Certificate; Separate Utilities, Oil Heating Systems, And Gas Hot Water Tanks; Off-Street Tandem Parking For 3 Cars.

Last Listed By

Herman Davis

Metro North Realty, LLC Listed on: 05/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,387

Year Built

  • Built in 1920

Lot Details

  • 3,244 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 1,979 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Oil
  • Gas Water Heater

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $24,000

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number 1990794

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,387

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 1979
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5640
  • LIST PRICE PER Sq Ft: 361.29
  • PRICE PER Sq Ft: 365.08
  • MAIN SO: AN4339

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Oil, Unit 1(Oil), Unit 2(Oil)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1990794
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3244
  • Lot Size Units: Acres
  • PAGE: 410
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6387
  • Tax Book Number: 36256

Multi Family

  • Gross Income: 24000
  • Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 10, 2023
Sold by
Delelegn Berhanu and Sisay Mulunesh
Bought by
Arbaiza Jose D and Arbaiza Maria A
Seller's Agent
Herman Davis
Metro North Realty, LLC
Buyer's Agent
Sara Hrono
Century 21 North East
List Price
$715,000
Sold Price
$722,500
Premium/Discount to List
$7,500
1.05%
Total Days on Market
10
Views
111
Current Estimated Value
$737,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,575
Avg. Annual Appreciation
1.64%
Original Mortgage
$632,500
Outstanding Balance
$621,238
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$123,687

Purchase Details

Closed on
Jul 27, 2017
Sold by
Tran Son and Tran Trang
Bought by
Tran Son

Purchase Details

Closed on
Apr 22, 2005
Sold by
Logue Kathleen M and Logue William V
Bought by
Altri John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1991
Sold by
Peabody David J
Bought by
Logue William V

Range of Values:

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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
Arbaiza Jose D $722,500 None Available
Arbaiza Jose D $722,500 None Available
Tran Son -- --
Tran Son -- --
Altri John J $375,000 --
Altri John J $375,000 --
Logue William V $75,000 --
Logue William V $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbaiza Jose D $632,500
Closed Arbaiza Jose D $632,500
Closed Arbaiza Jose D $50,000
Previous Owner Delelegn Berhanu $420,000
Previous Owner Delelegn Berhanu $348,500
Previous Owner Tran Son $242,250
Previous Owner Logue William V $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $722,500 +1.0% $365 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $715,000 +74.4% $361 / Sq Ft
10/16/2017 10/16/17 Sold $410,000 +5.2% $207 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $389,900 0.0% $197 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $389,900 +36.8% $197 / Sq Ft
06/09/2014 06/09/14 Sold $285,000 -1.7% $144 / Sq Ft
05/10/2014 05/10/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $289,900 -- $146 / 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 $6,594 $636,496 $189,900 $446,596
2024 $6,338 $601,900 $188,700 $413,200
2023 $6,387 $572,800 $188,700 $384,100
2022 $6,488 $522,000 $166,200 $355,800
2021 $5,978 $458,800 $142,100 $316,700
2020 $5,589 $417,100 $135,500 $281,600
2019 $5,441 $380,500 $128,000 $252,500
2018 $5,171 $341,300 $128,800 $212,500
2017 $5,003 $320,700 $120,900 $199,800
2016 $4,589 $283,600 $107,200 $176,400
2015 $4,445 $265,400 $100,600 $164,800
Source: Public Records

Agents Affiliated with this Home

  • Herman Davis

    Seller's Agent in 2023

    Herman Davis

    Metro North Realty, LLC

    (781) 346-2406

    1 in this area

    9 Total Sales

    Herman Davis
    Section Image
  • Sara Hrono

    Buyer's Agent in 2023

    Sara Hrono

    Century 21 North East

    (617) 222-0931

    1 in this area

    176 Total Sales

    Sara Hrono
    Section Image
  • Donna Lambert

    Buyer's Agent in 2017

    Donna Lambert

    Churchill Properties

    (978) 360-0088

    1 in this area

    43 Total Sales

    Donna Lambert
    Section Image

  • S

    Seller's Agent in 2014

    Stacia Murphy

    Leading Edge Real Estate

  • S

    Buyer's Agent in 2014

    Steven Brook

    Armstrong Field Real Estate

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73108149

MLS Property Information Network (MLS PIN)

APN: LYNN-000074-000181-000001

Massachusetts Essex County Lynn 01904 Parkland Avenue

28 Lynnfield St, Lynn, MA

Homes for Sale in Lynn, MA

This home is located at 28 Lynnfield St, Lynn, MA 01904 since 05 May 2023 and is currently estimated at $737,075, approximately $372 per square foot. This property was built in 1920. 28 Lynnfield St is a home located in Essex County with nearby schools including Edward A. Sisson Elementary School, William R. Fallon School, and Pickering Middle School.

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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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