37 Lake Ave Lynn, MA 01904
Lynn English Neighborhood
4
Beds
2
Baths
2,294
Sq Ft
8,320
Sq Ft Lot
Highlights
- Waterfront
- Wood Flooring
- Living Room
- Deck
- Porch
- Shed
About This Home
As of April 2025VERY RARE opportunity to own a beautiful 2 family home located on Flax Pond w/ Pond Frontage. Beautifully situated on an 8,320 sq.ft. level lot., this 2,294 sq.ft. 2 family home features 2 driveways, separate heating, 2 gas meters & separate 100amp electric for both units. Each unit has its own separate access making this home ideal for owner occupying or an investor. 2nd floor unit has stunning Pond views, a walk-up 3rd floor, eat in modern kitchen, nice dynamic layout w/ multiple bedrooms & a rear water view deck. 1st floor has two bedrooms, kitchen / dining & a full bath. Superb location close to St. Pius School, Lynn Woods, shopping & just 10 minutes from the COMMUTER RAIL, Ferry & all major highways. Showings begin at the first open house on Saturday (1/18) from 11:30 PM to 1:00 PM & Sunday (1/19) from 11:30 PM to 1:00 PM. First Floor unit is occupied. Unit 2 is empty. Price point reflects needed work. Property being sold AS-IS. Don't miss out, this one will go fast.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,299
Year Built
- Built in 1900
Lot Details
- 8,320 Sq Ft Lot
- Waterfront
- Level Lot
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,294 Sq Ft Home
- Property has 1 Level
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Deck
- Shed
- Porch
Utilities
- 2 Heating Zones
- 100 Amp Service
Community Details
- 2 Units
- Net Operating Income $25,200
Listing and Financial Details
- Total Actual Rent $2,100
- Assessor Parcel Number 1990389
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Mar 31, 2025
Sold by
Mazareas Fotios Est and Mazareas
Bought by
Menjivar Victorino A
Seller's Agent
Katie DiVirgilio
RE/MAX 360
Buyer's Agent
Luis Ayala
One Stop Realty
List Price
$740,000
Sold Price
$710,000
Premium/Discount to List
-$30,000
-4.05%
Views
30
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
$5,533
Avg. Annual Appreciation
5.39%
Original Mortgage
$532,500
Outstanding Balance
$532,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,050
Purchase Details
Closed on
Nov 23, 2010
Sold by
Mazareas Fotios and Mazareas Peter
Bought by
Mazareas Fotios
Purchase Details
Closed on
Jan 1, 1972
Bought by
Mazareas Fotios
Similar Homes in Lynn, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $710,000 | None Available | |
| Fiduciary Deed | $710,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $532,500 | Purchase Money Mortgage | |
| Closed | $532,500 | Purchase Money Mortgage | |
| Previous Owner | $22,100 | No Value Available | |
| Previous Owner | $20,000 | No Value Available | |
| Previous Owner | $10,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $710,000 | -4.1% | $310 / Sq Ft |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $740,000 | -- | $323 / 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 | $7,299 | $704,530 | $231,800 | $472,730 |
| 2024 | $6,995 | $664,300 | $226,600 | $437,700 |
| 2023 | $6,916 | $620,300 | $213,000 | $407,300 |
| 2022 | $6,687 | $538,000 | $160,200 | $377,800 |
| 2021 | $6,503 | $499,100 | $162,200 | $336,900 |
| 2020 | $5,982 | $446,400 | $146,200 | $300,200 |
| 2019 | $5,826 | $407,400 | $137,700 | $269,700 |
| 2018 | $5,395 | $356,100 | $128,100 | $228,000 |
| 2017 | $5,176 | $331,800 | $113,100 | $218,700 |
| 2016 | $4,826 | $298,300 | $104,600 | $193,700 |
| 2015 | $4,749 | $283,500 | $111,100 | $172,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Katie DiVirgilio
RE/MAX 360
(617) 285-9847
6 in this area
298 Total Sales
-
L
Buyer's Agent in 2025
Luis Ayala
One Stop Realty
(978) 729-0060
1 in this area
89 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73325860
APN: LYNN-000086-000167-000011
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.
Nearby Homes
- 20 Saratoga St
- 2 Chestnut Terrace
- 162 Eutaw Ave
- 31 Virginia Terrace
- 12 Graves Ave
- 77 Western Ave
- 22 Locust St
- 31 Atkins Ave
- 6A Goodridge St
- 16 Cleveland St
- 28 Atkins Ave Unit 1
- 10 Atkins Ave
- 471 Broadway
- 281 Western Ave
- 24 Beliveau Dr
- 39 President St
- 404 Broadway Unit 104
- 337 Maple St
- 100 Magnolia Ave Unit 26
- 30 Linden Terrace