Seller's Agent in 2024
Norman Poggio
Skylimit Real Estate LLC
(857) 234-2356
3 in this area
86 Total Sales
3 Drexel Terrace Lynn, MA 01905
Lower Boston Street NeighborhoodEstimated Value: $462,000 - $520,000
3
Beds
1
Bath
1,119
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Property is near public transit
- Screened Porch
- Deck
- No HOA
- Window Unit Cooling System
About This Home
As of March 2024Welcome to the city of Lynn. This single family is centrally located. Close proximity to schools, parks, restaurants, and supermarkets. First floor offers a living room, dining room (currently been used as a bedroom) Kitchen with newer granite counter tops and gas stove.Second floor offers hardwood floors and 3 bedrooms and a bathroom. Newer heating unit (gas) Newer roof. Looking for additional space come check out the finished basement. A must see! Rent is below market value, opportunity for growth .
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,666
Year Built
- Built in 1885
Lot Details
- 1,318 Sq Ft Lot
- Property is zoned R2
Home Design
- Cape Cod Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 1,119 Sq Ft Home
- Screened Porch
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Deck
- Property is near public transit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number M:038 B:321 L:031,1994768
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2024
Closed on
Mar 22, 2024
Sold by
Mejia Grace S
Bought by
Calixte Martine
Seller's Agent
Norman Poggio
Skylimit Real Estate LLC
Buyer's Agent
Maureen Turner-Schlegel
Leading Edge Real Estate
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,850
Avg. Annual Appreciation
1.09%
Original Mortgage
$451,250
Outstanding Balance
$443,320
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,530
Purchase Details
Listed on
Mar 12, 2018
Closed on
Jun 29, 2018
Sold by
Cabral Teresa
Bought by
Mejia Grace S
Seller's Agent
Elizabeth Millane
Gibson Sotheby's International Realty
Buyer's Agent
Elizabeth Millane
Gibson Sotheby's International Realty
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Original Mortgage
$192,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2008
Sold by
Bourque Donna B
Bought by
Cabral Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,713
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Calixte Martine | $475,000 | None Available | |
| Mejia Grace S | $240,000 | -- | |
| Cabral Teresa | $148,000 | -- | |
| Cabral Teresa | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Calixte Martine | $451,250 | |
| Previous Owner | Mejia Grace S | $192,000 | |
| Previous Owner | Cabral Teresa | $179,421 | |
| Previous Owner | Cabral Teresa | $145,713 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $475,000 | +5.8% | $424 / Sq Ft | |
| 02/06/2024 02/06/24 | Pending | -- | -- | -- | |
| 01/29/2024 01/29/24 | For Sale | $449,000 | +87.1% | $401 / Sq Ft | |
| 06/29/2018 06/29/18 | Sold | $240,000 | -3.6% | $214 / Sq Ft | View Prior Sale |
| 05/18/2018 05/18/18 | Pending | -- | -- | -- | |
| 05/15/2018 05/15/18 | For Sale | $249,000 | 0.0% | $223 / Sq Ft | |
| 05/05/2018 05/05/18 | Pending | -- | -- | -- | |
| 04/07/2018 04/07/18 | For Sale | $249,000 | +3.8% | $223 / Sq Ft | |
| 04/02/2018 04/02/18 | Off Market | $240,000 | -- | -- | |
| 03/27/2018 03/27/18 | For Sale | $249,000 | 0.0% | $223 / Sq Ft | |
| 03/20/2018 03/20/18 | Pending | -- | -- | -- | |
| 03/12/2018 03/12/18 | For Sale | $249,000 | -- | $223 / 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 | $3,970 | $383,200 | $155,300 | $227,900 |
| 2024 | $3,799 | $360,800 | $145,900 | $214,900 |
| 2023 | $3,666 | $328,800 | $141,400 | $187,400 |
| 2022 | $3,784 | $304,400 | $137,900 | $166,500 |
| 2021 | $3,572 | $274,100 | $119,200 | $154,900 |
| 2020 | $3,311 | $247,100 | $105,000 | $142,100 |
| 2019 | $3,136 | $219,300 | $85,900 | $133,400 |
| 2018 | $2,756 | $181,900 | $71,400 | $110,500 |
| 2017 | $2,675 | $171,500 | $67,300 | $104,200 |
| 2016 | $2,461 | $152,100 | $54,000 | $98,100 |
| 2015 | $2,315 | $138,200 | $53,200 | $85,000 |
Source: Public Records
Agents Affiliated with this Home
-
Norman Poggio
-
Maureen Turner-Schlegel
Buyer's Agent in 2024
Maureen Turner-Schlegel
Leading Edge Real Estate
(781) 883-6944
1 in this area
65 Total Sales
-
Elizabeth Millane
Seller's Agent in 2018
Elizabeth Millane
Gibson Sotheby's International Realty
(203) 804-4520
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73197381
APN: LYNN-000038-000321-000031
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