Seller's Agent in 2024
Michael Connor
Connor Real Estate
(781) 581-5940
4 in this area
97 Total Sales
369 Eastern Ave Lynn, MA 01902
Eastern Avenue NeighborhoodEstimated Value: $747,913 - $841,000
6
Beds
3
Baths
3,008
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Wood Flooring
- Living Room
- Property is near public transit and schools
- Porch
- Park
About This Home
As of August 2024Attention Investors - New to the market 3 FAMILY HOME! Opportunity lies here to invest in this 5-5-5 Multi-Family Home. This hard to find multi-family home offers 15 rooms, 6 bedrooms, 3 full baths - each unit consists of living room, dining room, eat-in-kitchen, 2 bedrooms, 1 full bath, hardwood floors. The first floor and second floor unit have front porches. The property also features a full unfinished basement and ach unit has separate utilities. Off street driveway parking for 4-5 cars plus nice fenced yard. Close to public transportation and the Swampscott Train Station. Great for investment property, will not qualify for FHA. First Showing will be held at Open House - Saturday, June 1st from 11:30 to 1:00 p.m.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,816
Year Built
- Built in 1900
Lot Details
- 5,225
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,008 Sq Ft Home
- Living Room
- Dining Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- 100 Amp Service
Additional Features
- Porch
- 5,225 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $3,650
- Assessor Parcel Number M:105 B:421 L:032,1997570
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Golf Course Community
- Park
- Bike Trail
Additional Features
- Shops
- Net Operating Income $43,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Aug 28, 2024
Sold by
Maria J Paikos Ret and Paikos-Hantzis
Bought by
Mehene Albara
Seller's Agent
Michael Connor
Connor Real Estate
Buyer's Agent
Mohamed Salem
eXp Realty
List Price
$799,900
Sold Price
$748,000
Premium/Discount to List
-$51,900
-6.49%
Views
83
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
$45,228
Avg. Annual Appreciation
4.35%
Original Mortgage
$677,000
Outstanding Balance
$668,567
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,661
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mehene Albara | $748,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehene Albara | $677,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2024 08/29/24 | Sold | $748,000 | -6.5% | $249 / Sq Ft |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $799,900 | -- | $266 / 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 | $8,853 | $854,500 | $203,000 | $651,500 |
| 2024 | $8,816 | $837,200 | $193,300 | $643,900 |
| 2023 | $8,506 | $762,900 | $188,500 | $574,400 |
| 2022 | $8,333 | $670,400 | $157,200 | $513,200 |
| 2021 | $7,851 | $602,500 | $135,600 | $466,900 |
| 2020 | $7,462 | $556,900 | $128,100 | $428,800 |
| 2019 | $7,260 | $507,700 | $119,800 | $387,900 |
| 2018 | $6,745 | $445,200 | $116,700 | $328,500 |
| 2017 | $6,374 | $408,600 | $103,000 | $305,600 |
| 2016 | $5,875 | $363,100 | $91,100 | $272,000 |
| 2015 | $5,260 | $314,000 | $82,800 | $231,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Connor
-
Mohamed Salem
Buyer's Agent in 2024
Mohamed Salem
eXp Realty
(978) 770-5379
1 in this area
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73245170
APN: LYNN-000105-000421-000032
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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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