NOT LISTED FOR SALE

Estimated Value: $798,000 - $863,075

6 Beds
3 Baths
2,511 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $800,000 $319 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,064/month

11 Days on Market

Highlights

  • Property is near public transit
  • Bathtub with Shower
  • Shops
  • Wood Flooring
  • Living Room
  • Heating System Uses Natural Gas

About This Home

As of April 2024

THREE FAMILY CONVENIENTLY LOCATED ON A SIDE STREET CLOSE TO LYNN CLASSICAL HIGH SCHOOL Each unit offers living room, kitchen, 2 bedrooms, full bath. Unit One tenant pays own utilities. Unit Two rent includes heat and hot water. Unit Three rent includes heat, hot water and electric. This property is a great opportunity for investors or live in with rent to help pay the mortgage!

Last Agent to Sell the Property

Barbara Peterson

E.W. Peterson & Son RE Listed on: 02/09/2024

Last Buyer's Agent

Alexander Mastrocola

Welcome Home Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1900

Lot Details

  • 4,950 Sq Ft Lot

Home Design

  • Triplex
  • Brick Foundation
  • Stone Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 2,511 Sq Ft Home
  • Living Room
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Total Actual Rent $7,521
  • Rent includes unit 1(water), unit 2(heat water hot water), unit 3(heat electric water hot water)
  • Assessor Parcel Number 1999207

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $89,976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,685

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: 2
  • Transaction Broker: 2
  • 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

  • Flooring: Laminate, Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 2511
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: NB1224
  • LIST PRICE PER Sq Ft: 318.56
  • PRICE PER Sq Ft: 318.6
  • MAIN SO: NB2621

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Roof: Tar/Gravel
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Washer Hookup
  • Cooling: None
  • Heating: Natural Gas, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Electric,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1999207
  • Zoning: Call City
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4950
  • Lot Size Units: Acres
  • PAGE: 475
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6685
  • Tax Book Number: 40912

Multi Family

  • Gross Income: 89976
  • Net Operating Income: 89976
  • Number Of Units Total: 3
  • Total Actual Rent: 7521
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 26, 2024
Sold by
Jrd Property Mgmt Llc
Bought by
Mastrocola Corey
Seller's Agent
Barbara Peterson
E.W. Peterson & Son RE
Buyer's Agent
Alexander Mastrocola
Welcome Home Properties, Inc.
List Price
$799,900
Sold Price
$800,000
Premium/Discount to List
$100
0.01%
Views
130
Current Estimated Value
$844,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,019
Avg. Annual Appreciation
4.03%
Original Mortgage
$696,000
Outstanding Balance
$689,207
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,959

Purchase Details

Closed on
May 4, 2022
Sold by
Duyon James R and Duyon Joan B
Bought by
Jrd Property Mgmt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
5.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 29, 2017
Closed on
May 14, 2019
Sold by
Jamieson Marian
Bought by
Duyon James R
Seller's Agent
Benjamin Mosho
Ben Mosho Real Estate
Buyer's Agent
Benjamin Mosho
Ben Mosho Real Estate
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$363,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1994
Sold by
Fhlmc
Bought by
Jamieson Marian

Purchase Details

Closed on
Aug 23, 1993
Sold by
Robinson Earl G and Federal Home Loan Mortgage Cor
Bought by
Fhlmc
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
Mastrocola Corey $800,000 None Available
Mastrocola Corey $800,000 None Available
Mastrocola Corey $800,000 None Available
Jrd Property Mgmt Llc -- None Available
Jrd Property Mgmt Llc -- None Available
Duyon James R $485,000 --
Jamieson Marian $45,000 --
Jamieson Marian $45,000 --
Fhlmc $78,000 --
Fhlmc $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastrocola Corey $696,000
Closed Mastrocola Corey $696,000
Previous Owner Jrd Property Mgmt Llc $547,500
Previous Owner Duyon James R $315,000
Previous Owner Duyon James R $430,950
Previous Owner Duyon James R $363,750
Previous Owner Fhlmc $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $800,000 0.0% $319 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $799,900 +64.9% $319 / Sq Ft
05/14/2019 05/14/19 Sold $485,000 +2.1% $193 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $475,000 0.0% $189 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $475,000 0.0% $189 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/05/2018 11/05/18 Price Changed $475,000 -7.8% $189 / Sq Ft
09/20/2018 09/20/18 For Sale $515,000 0.0% $205 / Sq Ft
09/20/2018 09/20/18 Price Changed $515,000 +8.4% $205 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/16/2018 04/16/18 Price Changed $475,000 0.0% $189 / Sq Ft
04/16/2018 04/16/18 For Sale $475,000 +5.6% $189 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $450,000 -- $179 / 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 $6,814 $657,700 $201,400 $456,300
2024 $6,685 $634,900 $191,800 $443,100
2023 $6,498 $582,800 $187,000 $395,800
2022 $6,342 $510,200 $156,000 $354,200
2021 $5,959 $457,300 $134,600 $322,700
2020 $5,682 $424,000 $127,100 $296,900
2019 $5,584 $390,500 $118,800 $271,700
2018 $5,253 $346,700 $115,800 $230,900
2017 $5,017 $321,600 $102,200 $219,400
2016 $4,636 $286,500 $90,400 $196,100
2015 $4,184 $249,800 $82,100 $167,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73201241

MLS Property Information Network (MLS PIN)

APN: LYNN-000085-000488-000029