NOT LISTED FOR SALE

298 Chestnut St Lynn, MA 01902

Highlands Neighborhood
4 Beds
3 Baths
2,535 Sq Ft
7,449 Sq Ft Lot

Last Sold October 06, 2017

Last sale price $324,000 $128 Per Sq Ft

82 Days on Market

About This Home

As of October 2017

INVESTORS TAKE NOTICE // BUSINESS OWNER LOOKING FOR NEW LOCATION WITH EXTRA INCOME OPORTUNITIES // Large Mixed Use, Prim Residential & Commercial location / first floor store front with a garage/extra storage space attached / Large 2nd floor apt. consisting of 1 bedroom, eat in kitchen and large family room / 3rd floor apt. occupies two floors, having 3 bedrooms, large living room, separate dinning room, eat in kitchen and an additional sun filed den with slider to a deck. 3 Gas Meters / 3 Electric Meters / With TLC and imagination, this character filled Multi family -Commercial building has lots of potential. Being Sold As Is.

Last Agent to Sell the Property

Marianne Simeone

Coldwell Banker Realty - Beverly Listed on: 05/19/2017

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Julio Carrera

USA Realty LLC

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: No
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Levels: 4
  • Main Lo: K95001
  • Main So: C64900
  • Estimated Sq Ft: 2535.00

Exterior Features

  • Construction: Frame
  • Exterior: Asbestos
  • Foundation: Slab

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: R2
  • Lot Size: 0.17

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 6
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 4
  • Total Rms: 8
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Oct 10, 2017
Sold by
Brown Edmund and Brown Pearl
Bought by
Robles Manuel
Seller's Agent
Marianne Simeone
Coldwell Banker Realty - Beverly
Buyer's Agent
Julio Carrera
USA Realty LLC
List Price
$399,900
Sold Price
$324,000
Premium/Discount to List
-$75,900
-18.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$438,992
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

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
Robles Manuel $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Manuel $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $324,000 -19.0% $128 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $399,900 -- $158 / 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 -- $813,408 $205,500 $607,908
2024 -- $746,300 $185,500 $560,800
2023 $0 $708,000 $185,500 $522,500
2022 $0 $637,100 $151,700 $485,400
2021 $0 $572,500 $138,400 $434,100
2020 $0 $495,900 $108,100 $387,800
2019 $0 $455,000 $105,400 $349,600
2018 $0 $395,900 $101,900 $294,000
2017 $0 $351,400 $79,200 $272,200
2016 -- $307,000 $66,700 $240,300
2015 -- $284,700 $71,600 $213,100
Source: Public Records

Agents Affiliated with this Home

  • Marianne Simeone

    Seller's Agent in 2017

    Marianne Simeone

    Coldwell Banker Realty - Beverly

    (978) 697-1216

    13 Total Sales

    Marianne Simeone
    Section Image
  • Julio Carrera

    Buyer's Agent in 2017

    Julio Carrera

    USA Realty LLC

    (617) 515-9933

    4 in this area

    63 Total Sales

    Julio Carrera
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72168365

MLS Property Information Network (MLS PIN)

APN: LYNN-000084-000711-000055

Massachusetts Essex County Lynn 01902 Highlands

298 Chestnut St, Lynn, MA

This home is located at 298 Chestnut St, Lynn, MA 01902 since 19 May 2017. This property was built in 1900. 298 Chestnut St is a home located in Essex County with nearby schools including Ingalls Elementary School, William R. Fallon School, and Marshall Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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