NOT LISTED FOR SALE

Estimated Value: $850,000 - $873,000

6 Beds
3 Baths
2,827 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $810,000 $287 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,744/month

6 Days on Market

Highlights

  • Deck
  • 2 Car Garage
  • Heating Available
  • Enclosed patio or porch

About This Home

As of September 2023

Three-family home on Eastern Avenue close to Lynn/Swampscott line. Three spacious units with two bedrooms each. Side by side off-street parking for each unit. Two car garage needs repair. Separate utilities. Great location. Great opportunity!

Last Agent to Sell the Property

Meg McGowan

Sagan Harborside Sotheby's International Realty Listed on: 06/19/2023

Sagan Harborside Sotheby's International Realty

Co-Listed By

Team Harborside

Sagan Harborside Sotheby's International Realty

Last Buyer's Agent

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,320

Year Built

  • Built in 1920

Lot Details

  • 5,711 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,827 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Heating Available
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $4,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:104 B:423 L:030,1997648

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,320

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 1.5
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2827
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4471
  • LIST PRICE PER Sq Ft: 247.26
  • PRICE PER Sq Ft: 286.52
  • MAIN SO: AN4471

Exterior Features

  • Exterior Features: Porch,Porch - Enclosed,Deck
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:104 B:423 L:030,1997648
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5711
  • Lot Size Units: Acres
  • PAGE: 65
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8320
  • Tax Book Number: 22842

Multi Family

  • Gross Income: 54000
  • Net Operating Income: 54000
  • Number Of Units Total: 3
  • Total Actual Rent: 4500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2004
Sold by
Lopez Gleiry
Bought by
Hartley Reginald
Current Estimated Value
$910,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
Eastern Rt and Sperounes
Bought by
Lopez Gleiry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1991
Sold by
Coflan Hugh
Bought by
Araujo Alberto

Purchase Details

Closed on
Jun 21, 1991
Sold by
Manley Richard
Bought by
Coflan Hugh
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
Hartley Reginald $435,000 --
Lopez Gleiry M $325,000 --
Araujo Alberto $299,000 --
Coflan Hugh $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Angel L $607,500
Closed Coflan Hugh $320,000
Previous Owner Coflan Hugh $340,000
Previous Owner Coflan Hugh $243,750
Previous Owner Coflan Hugh $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $810,000 +15.9% $287 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $699,000 -- $247 / 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 $8,615 $831,600 $205,800 $625,800
2024 $8,585 $815,300 $196,000 $619,300
2023 $8,320 $746,200 $191,100 $555,100
2022 $8,189 $658,800 $159,400 $499,400
2021 $7,740 $594,000 $137,500 $456,500
2020 $7,387 $551,300 $129,900 $421,400
2019 $7,222 $505,000 $121,400 $383,600
2018 $6,772 $447,000 $118,300 $328,700
2017 $6,426 $411,900 $104,500 $307,400
2016 $5,970 $369,000 $92,400 $276,600
2015 $5,414 $323,200 $83,900 $239,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73126654

MLS Property Information Network (MLS PIN)

APN: LYNN-000104-000423-000030