NOT LISTED FOR SALE

Estimated Value: $790,000 - $896,000

4 Beds
3 Baths
3,249 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $780,000 $240 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,129/month

2 Days on Market

Highlights

  • Deck
  • Porch
  • Coin Laundry
  • Property is near public transit
  • 2 Car Garage
  • Gentle Sloping Lot

About This Home

As of November 2023

OWNER OCCUPIED BUYERS, INVESTORS !!! A great opportunity to own a 2-Family home that been well maintained over. Beautifully maintained landscaping. Unit 1 features: 2 bedrooms and 1 bath with hardwood flooring throughout, high ceilings and wood cabinets in the kitchen. Unit 2 features: 2 bedrooms and 1 remodeled bath, with Hardwood floors throughout, nice eat-in kitchen and private deck. The walkout basement has a storage room, A 3/4 Bathroom and one utility room. The exterior of the property has a large parking area that can accommodate 6 cars and a 2 car garage. There are back desks for each unit. Property to be sold in AS IS condition. Buyers and Buyers' agent to do their own due diligence.

Last Agent to Sell the Property

The Caceda Team

Coldwell Banker Realty - Lynnfield Listed on: 09/07/2023

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Diana Franco

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 1920

Lot Details

  • 5,265 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 3,249 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating Available
  • 100 Amp Service

Community Details

  • 2 Units
  • Coin Laundry
  • Net Operating Income $45,600

Listing and Financial Details

  • Total Actual Rent $3,800
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 1997652

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,271

Year Built

Built in 1920

Lot Details

0

Parking

2

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: 2%
  • 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

  • Interior Amenities: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Living Area: 3249
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 227.76
  • PRICE PER Sq Ft: 240.07
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Porch,Deck - Wood
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1997652
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5265
  • Lot Size Units: Acres
  • PAGE: 150
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8271
  • Tax Book Number: 34550

Multi Family

  • Gross Income: 45600
  • Net Operating Income: 45600
  • Number Of Units Total: 2
  • Total Actual Rent: 3800
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2011
Sold by
Munoz Angel
Bought by
Reyes Secundino
Current Estimated Value
$845,869

Purchase Details

Closed on
Jun 30, 2008
Sold by
Reyes Secundino
Bought by
Reyes Secundino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,159
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Us Bk
Bought by
Reyes Secundino

Purchase Details

Closed on
May 4, 2007
Sold by
Creighton John E and Us Bank Na
Bought by
Us Bk

Purchase Details

Closed on
Aug 14, 1987
Sold by
Sullivan John J
Bought by
Lanzillotti Albert P
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
Reyes Secundino -- --
Reyes Secundino -- --
Reyes Secundino -- --
Reyes Secundino -- --
Reyes Secundino $355,000 --
Us Bk -- --
Reyes Secundino $355,000 --
Us Bk $360,000 --
Us Bk $360,000 --
Lanzillotti Albert P $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanzillotti Albert P $372,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $780,000 +5.4% $240 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $740,000 +155.2% $228 / Sq Ft
08/14/2015 08/14/15 Sold $290,000 +3.6% $134 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/06/2014 06/06/14 For Sale $280,000 -- $129 / 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 $7,722 $745,365 $203,200 $542,165
2024 $8,287 $787,000 $193,500 $593,500
2023 $8,271 $741,800 $188,700 $553,100
2022 $8,355 $672,200 $157,400 $514,800
2021 $7,771 $596,400 $135,800 $460,600
2020 $7,236 $540,000 $128,300 $411,700
2019 $7,024 $491,200 $119,900 $371,300
2018 $6,555 $432,700 $116,800 $315,900
2017 $6,232 $399,500 $103,200 $296,300
2016 $5,516 $340,900 $91,200 $249,700
2015 $5,120 $305,700 $82,900 $222,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73156886

MLS Property Information Network (MLS PIN)

APN: LYNN-000105-000423-000034