NOT LISTED FOR SALE

3 Essex St Lynn, MA 01902

Eastern Avenue Neighborhood

Estimated Value: $650,000 - $1,241,000

6 Beds
3 Baths
4,216 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $250,000 $59 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $5,818/month

328 Days on Market

About This Home

As of February 2012

Rare opportunity! Large three-family on Swampscott line. The home offers six rooms, three bedrooms and a bathroom per apartment. Featuring lovely hardwood floors, separate utilities, off-street parking and so much more. Newer roof. Close to public transportation, parks, restaurants and shopping. Excellent potential! This price has NOT been approved by the Bank.Sold as-is!

Last Agent to Sell the Property

Matthew Newhall

Century 21 Tradition - Georgetown License #454004906 Listed on: 03/03/2011

Century 21 Tradition - Georgetown

Last Buyer's Agent

Darlene Gray

Elite Homes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,159

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Other Agent: 2.00
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Laminate
  • Basement: Full

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Granite

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 3
  • Hot Water: Tank
  • Water/Sewer: City/Town Water, City/Town Sewer

Lot Info

  • Assessor Parcel Number: B:104 L:425 S:023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2011
Closed on
Feb 24, 2012
Sold by
Gomes Fausto A
Bought by
Lee Odette P
Seller's Agent
Matthew Newhall
Century 21 Tradition - Georgetown
Buyer's Agent
Darlene Gray
Elite Homes
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$912,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,667
Avg. Annual Appreciation
10.06%
Original Mortgage
$187,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1996
Sold by
Oak Ridge Realty Corp
Bought by
Gomes Fausto

Purchase Details

Closed on
May 24, 1994
Sold by
Tetrault Keith and State Street Bk & Tr
Bought by
State Street B & T

Purchase Details

Closed on
Oct 6, 1987
Sold by
Beatty John J
Bought by
Tetrault Keith
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
Lee Odette P $250,000 --
Gomes Fausto $134,000 --
Gomes Fausto $134,000 --
State Street B & T $106,250 --
State Street B & T $106,250 --
Tetrault Keith $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer-Lee Odette $413,600
Closed Palmer-Lee Odette $378,000
Closed Tetrault Keith $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $250,000 -9.1% $59 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
03/03/2011 03/03/11 For Sale $275,000 -- $65 / 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 $9,159 $884,100 $201,200 $682,900
2024 $9,103 $864,500 $189,200 $675,300
2023 $8,787 $788,100 $186,600 $601,500
2022 $8,536 $686,700 $150,100 $536,600
2021 $8,007 $614,500 $127,000 $487,500
2020 $7,653 $571,100 $124,000 $447,100
2019 $7,427 $519,400 $115,800 $403,600
2018 $7,051 $465,400 $124,800 $340,600
2017 $6,702 $429,600 $102,900 $326,700
2016 $6,375 $394,000 $103,400 $290,600
2015 $5,866 $350,200 $103,400 $246,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Matthew Newhall

    Century 21 Tradition - Georgetown

    Section Image

  • D

    Buyer's Agent in 2012

    Darlene Gray

    Elite Homes

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71195050

MLS Property Information Network (MLS PIN)

APN: LYNN-000104-000425-000023

Massachusetts Essex County Lynn 01902 Eastern Avenue

3 Essex St, Lynn, MA

This home is located at 3 Essex St, Lynn, MA 01902 since 03 March 2011 and is currently estimated at $912,667, approximately $216 per square foot. This property was built in 1910. 3 Essex St is a home located in Essex County with nearby schools including Aborn 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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