NOT LISTED FOR SALE

Estimated Value: $524,703 - $582,000

9 Beds
3 Baths
3,294 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $430,000 $131 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,293/month

68 Days on Market

About This Home

As of November 2022

Large 3 family, good bones, separate utilities, vinyl sided, 1 parking space. Lease on Unit 1 ends on July 31st. Interior needs some updates. Investors are welcome !!! Possible investment opportunity. 2 of the 3 units are vacant. Basement is clear of any personal items. The Property will not pass standard FHA Financing.

Last Agent to Sell the Property

The Caceda Team

Coldwell Banker Realty - Lynnfield Listed on: 07/05/2022

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Timothy Garvey

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1900

Lot Details

  • 2,749 Sq Ft Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,294 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Driveway
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $1,650
  • Assessor Parcel Number 2826516

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,389

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3294
  • Stories Total: 6
  • MAIN LO: AN6181
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 2826516
  • Zoning: B-L
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2749
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4389.24

Multi Family

  • Net Operating Income: 19800
  • Number Of Units Total: 3
  • Total Actual Rent: 1650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Nov 4, 2022
Sold by
Fontes Joao D and Gutierrez Yuisa G
Bought by
Majeed Sean T
Seller's Agent
The Caceda Team
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Timothy Garvey
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$480,000
Sold Price
$430,000
Premium/Discount to List
-$50,000
-10.42%
Views
67
Current Estimated Value
$549,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,176
Avg. Annual Appreciation
7.97%
Original Mortgage
$322,500
Outstanding Balance
$310,667
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,509

Purchase Details

Closed on
Feb 8, 2022
Sold by
Deandrade-Fontes Joao
Bought by
Deandrade-Fontes Joao and Deandrade-Fontes Guevara-Gutierrez Y

Purchase Details

Listed on
May 6, 2021
Closed on
Aug 9, 2021
Sold by
Childs Joseph W
Bought by
Deandrade-Fontes Joao
Seller's Agent
Dan Quintal
Dan Quintal Real Estate
Buyer's Agent
The Caceda Team
Coldwell Banker Realty - Lynnfield
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$464,175
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 27, 2015
Closed on
May 31, 2016
Sold by
Quintal Daniel and Cordeiro James K
Bought by
Childs Joseph W
Seller's Agent
Dan Quintal
Dan Quintal Real Estate
Buyer's Agent
Dan Quintal
Dan Quintal Real Estate
List Price
$209,000
Sold Price
$169,000
Premium/Discount to List
-$40,000
-19.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$165,938
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 3, 2014
Closed on
Oct 23, 2014
Sold by
Lang Beatrice Est and Cordeiro
Bought by
Quintal Daniel and Cordeiro James K
Seller's Agent
Christopher Migneault
Migneault REALTORS®
Buyer's Agent
Christopher Migneault
Migneault REALTORS®
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Majeed Sean T $430,000 None Available
Deandrade-Fontes Joao -- None Available
Deandrade-Fontes Joao $350,000 None Available
Childs Joseph W $169,000 --
Quintal Daniel $95,000 --
Quintal Daniel $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majeed Sean T $322,500
Previous Owner Deandrade-Fontes Joao $464,175
Previous Owner Childs Joseph W $165,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $430,000 -4.4% $131 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $449,900 -2.2% $137 / Sq Ft
07/19/2022 07/19/22 Price Changed $459,900 -4.2% $140 / Sq Ft
07/05/2022 07/05/22 For Sale $480,000 +37.1% $146 / Sq Ft
08/09/2021 08/09/21 Sold $350,000 -2.5% $106 / Sq Ft View Prior Sale
05/18/2021 05/18/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $359,000 +112.4% $109 / Sq Ft
05/31/2016 05/31/16 Sold $169,000 0.0% $51 / Sq Ft View Prior Sale
04/04/2016 04/04/16 Pending -- -- --
03/16/2016 03/16/16 Price Changed $169,000 -5.1% $51 / Sq Ft
03/07/2016 03/07/16 Price Changed $178,000 -5.3% $54 / Sq Ft
02/22/2016 02/22/16 Price Changed $188,000 -5.1% $57 / Sq Ft
01/05/2016 01/05/16 Price Changed $198,000 -5.3% $60 / Sq Ft
11/27/2015 11/27/15 For Sale $209,000 +120.0% $63 / Sq Ft
10/23/2014 10/23/14 Sold $95,000 -9.5% $29 / Sq Ft View Prior Sale
09/23/2014 09/23/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $105,000 -- $32 / 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 $5,394 $471,100 $100,200 $370,900
2024 $5,130 $446,500 $93,600 $352,900
2023 $4,946 $403,100 $78,500 $324,600
2022 $4,389 $347,800 $74,800 $273,000
2021 $3,639 $263,100 $71,500 $191,600
2020 $3,254 $225,200 $69,200 $156,000
2019 $2,812 $192,900 $69,200 $123,700
2018 $2,760 $188,800 $78,000 $110,800
2017 $2,747 $196,200 $74,300 $121,900
2016 $2,697 $197,900 $79,100 $118,800
2015 $2,527 $193,200 $79,100 $114,100
2014 $2,540 $201,900 $76,700 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73007124

MLS Property Information Network (MLS PIN)

APN: FALL-000016G-000000-000052