NOT LISTED FOR SALE

31 Merrill Ave Lynn, MA 01902

East Lynn Neighborhood

Estimated Value: $512,000 - $562,272

3 Beds
2 Baths
1,257 Sq Ft
$431/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $284,000 $226 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,301/month

5 Days on Market

About This Home

As of August 2017

Come see this beautiful well maintained colonial! With a freshly painted interior, this house boasts an inviting living room with lots of natural light coming from the bay window. Lovely dining room with built-in cabinet. There is also an additional family room off the kitchen. Additional features of the house include central air, a finished basement and a low maintenance paved driveway. Open house Sat July 22 12-1:30pm and Sun July 23 from 12-1:30pm.

Last Agent to Sell the Property

Ronnie Puzon

Trinity Real Estate Listed on: 07/20/2017

Last Buyer's Agent

Juan Pabon

Coldwell Banker First Quality Realty

Coldwell Banker First Quality Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 31, 2017
Sold by
Castro-Webb Nelsy and Ruiz-Narvaez Edward A
Bought by
Lee Yuk-Ming and Lee Tam T
Seller's Agent
Ronnie Puzon
Trinity Real Estate
Buyer's Agent
Juan Pabon
Coldwell Banker First Quality Realty
List Price
$259,900
Sold Price
$284,000
Premium/Discount to List
$24,100
9.27%
Total Days on Market
5
Current Estimated Value
$541,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,318
Avg. Annual Appreciation
8.49%
Original Mortgage
$278,856
Outstanding Balance
$234,727
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$299,845

Purchase Details

Closed on
Jan 27, 2010
Sold by
Clark Brenda J and Clark Lorraine M
Bought by
Ruiz Narvaez Edward A and Castro-Webb Nelsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,288
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 1989
Sold by
Casey John
Bought by
Clark Brenda
Source: Public Records

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Range of Values:

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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 Yuk-Ming $284,000 --
Ruiz Narvaez Edward A $232,500 --
Clark Brenda $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Tam T $14,011
Open Lee Yuk-Ming $278,856
Previous Owner Backman Rt $228,288
Previous Owner Backman Rt $198,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $284,000 +9.3% $226 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $259,900 -- $207 / 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 $5,153 $497,400 $174,100 $323,300
2024 $4,967 $471,700 $166,600 $305,100
2023 $4,966 $445,400 $178,100 $267,300
2022 $4,695 $377,700 $139,100 $238,600
2021 $4,387 $336,700 $114,000 $222,700
2020 $4,319 $322,300 $117,100 $205,200
2019 $4,057 $283,700 $90,500 $193,200
2018 $3,991 $263,400 $101,600 $161,800
2017 $3,756 $240,800 $89,300 $151,500
2016 $3,522 $217,700 $74,500 $143,200
2015 $3,419 $204,100 $78,900 $125,200
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Puzon

    Seller's Agent in 2017

    Ronnie Puzon

    Trinity Real Estate

    (917) 992-3689

    20 Total Sales

    Ronnie Puzon
    Section Image
  • Juan Pabon

    Buyer's Agent in 2017

    Juan Pabon

    Coldwell Banker First Quality Realty

    (617) 970-4600

    46 Total Sales

    Juan Pabon
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72201835

MLS Property Information Network (MLS PIN)

APN: LYNN-000094-000545-000023

Massachusetts Essex County Lynn 01902 East Lynn

31 Merrill Ave, Lynn, MA

This home is located at 31 Merrill Ave, Lynn, MA 01902 since 20 July 2017 and is currently estimated at $541,318, approximately $430 per square foot. This property was built in 1900. 31 Merrill Ave is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

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