Seller's Agent in 2024
Leah Pennini
Gamut Group LLC
(781) 484-7437
1 in this area
26 Total Sales
32A Nelson St Lynn, MA 01905
West Lynn NeighborhoodEstimated Value: $942,027 - $1,164,000
9
Beds
3
Baths
3,462
Sq Ft
$295/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Corner Lot
- Heating System Uses Natural Gas
About This Home
As of March 2024****MULTIPLE OFFER NOTIFICATION BEST&FINAL DUE MON AT 12PM****Outstanding investment opportunity! An Ideal addition to any investor's portfolio, offering strong rental income and significant potential for value add. Featuring three (3) bedroom units. Unit 1 and Unit 3 are updated and generating substantial income and have lead certifications. Unit 2 there is a great potential to increase the the value and rent of this unit. Unit 1 and 3 are TAW and Unit 2 is on a termed lease expiring 9/30/2024 providing flexibility for new management strategies and potential rent adjustments following improvements. Join us at OH 2/3 & 2/4 11:30AM-1PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,163
Year Built
- Built in 1900
Lot Details
- Corner Lot
Home Design
- Triplex
- Brick Foundation
- Tar and Gravel Roof
Interior Spaces
- 3,462 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 1 Car Parking Space
- Off-Street Parking
Utilities
- 3 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Oil
Community Details
- 3 Units
- Net Operating Income $79,200
Listing and Financial Details
- Total Actual Rent $6,600
- Assessor Parcel Number 1993610
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2024
Closed on
Mar 27, 2024
Sold by
Bought by
Seller's Agent
Leah Pennini
Gamut Group LLC
Buyer's Agent
ZAHIDUL ISLAM
Cameron Prestige, LLC
List Price
$839,999
Sold Price
$913,000
Premium/Discount to List
$73,001
8.69%
Views
79
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
$108,257
Avg. Annual Appreciation
5.15%
Original Mortgage
$670,000
Outstanding Balance
$655,277
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$365,980
Purchase Details
Closed on
Feb 16, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,925
Interest Rate
6.48%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 25, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 26, 2008
Sold by
Bought by
Purchase Details
Closed on
May 7, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $913,000 | None Available | ||
| $725,000 | None Available | ||
| $255,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $670,000 | ||
| Previous Owner | $644,925 | ||
| Previous Owner | $178,500 | ||
| Previous Owner | $135,000 | ||
| Previous Owner | $25,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $913,000 | +8.7% | $264 / Sq Ft |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- |
| 01/29/2024 01/29/24 | For Sale | $839,999 | -- | $243 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,779 | $847,400 | $199,000 | $648,400 |
| 2024 | $7,909 | $751,100 | $182,900 | $568,200 |
| 2023 | $7,465 | $669,500 | $162,900 | $506,600 |
| 2022 | $7,526 | $605,500 | $153,100 | $452,400 |
| 2021 | $6,988 | $536,300 | $126,300 | $410,000 |
| 2020 | $6,456 | $481,800 | $105,500 | $376,300 |
| 2019 | $6,156 | $430,500 | $90,600 | $339,900 |
| 2018 | $5,854 | $386,400 | $99,100 | $287,300 |
| 2017 | $5,572 | $357,200 | $87,600 | $269,600 |
| 2016 | $5,226 | $323,000 | $82,900 | $240,100 |
| 2015 | $4,620 | $275,800 | $71,500 | $204,300 |
Source: Public Records
Agents Affiliated with this Home
-
Leah Pennini
-
ZAHIDUL ISLAM
Buyer's Agent in 2024
ZAHIDUL ISLAM
Cameron Prestige, LLC
(857) 891-4053
2 in this area
119 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73197466
APN: LYNN-000037-000279-000011
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.
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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