NOT LISTED FOR SALE

35 Chestnut St Unit 37 Lynn, MA 01902

Fayette Street Neighborhood

Estimated Value: $825,545 - $871,000

6 Beds
3 Baths
3,288 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $640,000 $195 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,277/month

11 Days on Market

About This Home

As of May 2021

Income-generating 3 family home in Lynn with easy access to Boston and less than a mile to Lynn Beach! Property features 2 bedrooms and one full bath in each unit; one year old roof; separate gas heating systems; off-street parking; unfinished basement with washer/dryer hook-ups for all 3 units. All Separate Utilities! Easy access to parks, shopping and restaurants.

Last Agent to Sell the Property

Davina Prescott-Maddox

Keller Williams Realty Boston South West Listed on: 03/02/2021

Keller Williams Realty Boston South West

Last Buyer's Agent

Davina Prescott-Maddox

Keller Williams Realty Boston South West Listed on: 03/02/2021

Keller Williams Realty Boston South West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,519

Year Built

  • Built in 1900

Lot Details

  • 3,485

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,519

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 191.58
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: BB3351
  • Main So: BB3351
  • Estimated Sq Ft: 3288.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School

Lot Info

  • Assessments: 528900.00
  • Acre: 0.08
  • Lot Size: 3512.00
  • Page: 532
  • Zoning: R4
  • Lot Description: Corner

Multi Family

  • Total Levels: 3
  • Total Rent: 1700
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6891.57
  • Assessor Parcel Number: 2000124
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 4, 2021
Sold by
Chalas Napolean and Chalas Napoleon
Bought by
35-37 Chestnut St Llc
Seller's Agent
Davina Prescott-Maddox
Keller Williams Realty Boston South West
Buyer's Agent
Davina Prescott-Maddox
Keller Williams Realty Boston South West
List Price
$629,900
Sold Price
$640,000
Premium/Discount to List
$10,100
1.6%
Current Estimated Value
$853,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,386
Avg. Annual Appreciation
7.00%
Original Mortgage
$512,000
Outstanding Balance
$469,225
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$386,224

Purchase Details

Closed on
Oct 21, 2003
Sold by
Chalas Napoleon
Bought by
Chalas Napoleon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2000
Sold by
Kalas Alex
Bought by
Vinmar Dev Llc

Purchase Details

Closed on
Sep 29, 1999
Sold by
Brackett Sean M
Bought by
Chalas Napolean

Purchase Details

Closed on
Nov 26, 1997
Sold by
Greenbaum Alan
Bought by
Brackett Sean M

Purchase Details

Closed on
Feb 4, 1993
Sold by
Munroe Properties Inc
Bought by
Greenbaum Alan

Purchase Details

Closed on
Jan 9, 1992
Sold by
Williams Neville
Bought by
Munroe Properties

Purchase Details

Closed on
Dec 28, 1989
Sold by
35 Chestnut St Rt
Bought by
Williams Neville

Purchase Details

Closed on
Mar 8, 1988
Sold by
Mullen William
Bought by
35 Chestnut St Tr
Source: Public Records

Range of Values:

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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
35-37 Chestnut St Llc $640,000 None Available
Chalas Napoleon -- --
Chalas Napoleon -- --
Vinmar Dev Llc $250,000 --
Vinmar Dev Llc $250,000 --
Chalas Napolean $165,000 --
Chalas Napolean $165,000 --
Brackett Sean M $116,500 --
Brackett Sean M $116,500 --
Greenbaum Alan $54,000 --
Greenbaum Alan $54,000 --
Munroe Properties $130,000 --
Munroe Properties $130,000 --
Williams Neville $235,000 --
Williams Neville $235,000 --
35 Chestnut St Tr $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 35-37 Chestnut St Llc $512,000
Closed 35-37 Chestnut St Llc $512,000
Previous Owner 35 Chestnut St Tr $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $640,000 +1.6% $195 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $629,900 -- $192 / 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 $7,519 $725,800 $183,100 $542,700
2024 $7,494 $711,700 $175,100 $536,600
2023 $7,420 $665,500 $187,200 $478,300
2022 $7,411 $596,200 $146,200 $450,000
2021 $6,892 $528,900 $119,800 $409,100
2020 $6,683 $498,700 $123,200 $375,500
2019 $6,212 $434,400 $95,100 $339,300
2018 $5,963 $393,600 $106,800 $286,800
2017 $5,731 $367,400 $93,800 $273,600
2016 $5,210 $322,000 $78,300 $243,700
2015 $4,861 $290,200 $82,900 $207,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72791631

MLS Property Information Network (MLS PIN)

APN: LYNN-000094-000519-000040