J
Seller's Agent in 2019
Jeffrey Morelus
Andrade Associates Real Estate, Inc.
35 E Park Ave Lynn, MA 01902
Eastern Avenue NeighborhoodEstimated Value: $887,000 - $972,451
6
Beds
3
Baths
2,932
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- Deck
- Fenced Yard
- Porch
- Wood Flooring
About This Home
As of June 2019Excellent investment opportunity! A great and well maintained 3 family located in much desired neighborhood (East Lynn) grossing more than 51K/year with opportunity to increase rent. Separate utilities for each unit paid by tenants. Many recent updates taking place between 2014-2016; New vinyl siding, 3 new boilers, a new hot water heater and perimeter drainage system, 2 sump pumps with a battery backup and many other updates throughout the property. The Three units have attractive woodwork and hardwood flooring throughout. Unit 1 and 2 offer spacious living and dining rooms with laundry; and 2 bedrooms, tiled bathrooms and kitchens throughout all three units. The full basement offers ample storage space. Easy Showings, Call today! Open House saturday 2-3pm and sunday 2-3pm
Last Agent to Sell the Property
Jeffrey Morelus
Andrade Associates Real Estate, Inc. Listed on: 05/08/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 5,227
Outdoor Features
- Deck
- Porch
Additional Features
- Wood Flooring
- Fenced Yard
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:106 B:414 L:030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2019
Closed on
Jun 21, 2019
Sold by
Morelus Jeffrey S
Bought by
Benaoui Mustapha
Seller's Agent
Jeffrey Morelus
Andrade Associates Real Estate, Inc.
Buyer's Agent
Sean Connolly
RE/MAX 360
List Price
$590,000
Sold Price
$620,000
Premium/Discount to List
$30,000
5.08%
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
$290,863
Avg. Annual Appreciation
6.04%
Original Mortgage
$496,000
Outstanding Balance
$433,376
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$477,487
Purchase Details
Listed on
Apr 25, 2014
Closed on
Aug 28, 2014
Sold by
Haberek Stephen A
Bought by
Morelus Jeffrey S
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Melissa Hunter
Lamacchia Realty, Inc.
List Price
$309,000
Sold Price
$296,000
Premium/Discount to List
-$13,000
-4.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$281,200
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2013
Sold by
Haberek Angela J
Bought by
Haberek Stephen A and Rossi Jean M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benaoui Mustapha | $620,000 | -- | |
| Morelus Jeffrey S | $296,000 | -- | |
| Haberek Stephen A | -- | -- | |
| Haberek Stephen A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benaoui Mustapha | $496,000 | |
| Previous Owner | Morelus Jeffrey S | $281,200 | |
| Previous Owner | Haberek Stephen A | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/24/2019 06/24/19 | Sold | $620,000 | +5.1% | $211 / Sq Ft | |
| 05/16/2019 05/16/19 | Pending | -- | -- | -- | |
| 05/08/2019 05/08/19 | For Sale | $590,000 | +99.3% | $201 / Sq Ft | |
| 08/28/2014 08/28/14 | Sold | $296,000 | -4.2% | $101 / Sq Ft | View Prior Sale |
| 07/29/2014 07/29/14 | Pending | -- | -- | -- | |
| 04/25/2014 04/25/14 | For Sale | $309,000 | -- | $105 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,541 | $824,400 | $207,000 | $617,400 |
| 2024 | $8,480 | $805,300 | $194,600 | $610,700 |
| 2023 | $8,221 | $737,300 | $192,000 | $545,300 |
| 2022 | $7,981 | $642,100 | $154,400 | $487,700 |
| 2021 | $7,490 | $574,800 | $130,600 | $444,200 |
| 2020 | $7,181 | $535,900 | $127,500 | $408,400 |
| 2019 | $6,991 | $488,900 | $119,100 | $369,800 |
| 2018 | $6,702 | $442,400 | $128,400 | $314,000 |
| 2017 | $6,320 | $405,100 | $105,900 | $299,200 |
| 2016 | $5,825 | $360,000 | $106,300 | $253,700 |
| 2015 | $5,744 | $342,900 | $106,300 | $236,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sean Connolly
Buyer's Agent in 2019
Sean Connolly
RE/MAX 360
(614) 327-2093
47 Total Sales
-
Merry Fox Team
M
Seller's Agent in 2014
Merry Fox Team
MerryFox Realty
262 Total Sales
-
M
Buyer's Agent in 2014
Melissa Hunter
Lamacchia Realty, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72496268
APN: LYNN-000106-000414-000030
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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