NOT LISTED FOR SALE

38 Gateway Ln Lynn, MA 01905

Upper Walnut Street Neighborhood

Estimated Value: $544,000 - $582,000

2 Beds
1 Bath
1,031 Sq Ft
$548/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $232,500 $226 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $3,432/month

46 Days on Market

About This Home

As of October 2013

Wonderful Ranch in great location!! All hardwood floors, large eat in fully applianced kitchen with skylight, all matural woodwork and fireplaced living room! Brand new heating system!! enclosed 3 season porch off kitchen and walk out basement to nice yard!!

Last Agent to Sell the Property

Thomas Lynch

A. James Lynch, Inc. License #454000157 Listed on: 08/30/2013

Last Buyer's Agent

Patricia Meechin

Century 21 Tradition License #454000144

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,381

Year Built

1957

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 5
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Storm Windows
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2013
Closed on
Oct 25, 2013
Sold by
Smith Ernest M and Smith James E
Bought by
Smith Ernest M
Seller's Agent
Thomas Lynch
A. James Lynch, Inc.
Buyer's Agent
Patricia Meechin
Century 21 Tradition
List Price
$229,500
Sold Price
$232,500
Premium/Discount to List
$3,000
1.31%
Current Estimated Value
$564,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,424
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Nov 8, 2007
Sold by
Smith Ernest M and Smith Helen B
Bought by
Smith Ernest M Est and Walsh
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Ernest M $232,500 --
Smith Ernest M $232,500 --
Smith Ernest M Est -- --
Smith Ernest M Est -- --
Smith Ernest M Est -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Susan P $167,400
Closed Hicey Susan P $174,750
Closed Smith Ernest M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $232,500 0.0% $226 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
09/03/2013 09/03/13 Off Market $232,500 -- --
08/30/2013 08/30/13 For Sale $229,500 -- $223 / 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 $5,381 $519,400 $209,800 $309,600
2024 $5,148 $488,900 $208,400 $280,500
2023 $4,915 $440,800 $192,400 $248,400
2022 $4,728 $380,400 $173,100 $207,300
2021 $4,559 $349,900 $161,200 $188,700
2020 $4,367 $325,900 $143,400 $182,500
2019 $4,507 $315,200 $147,500 $167,700
2018 $4,292 $283,300 $137,900 $145,400
2017 $4,037 $258,800 $119,500 $139,300
2016 $3,877 $239,600 $113,100 $126,500
2015 -- $223,000 $111,800 $111,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Thomas Lynch

    A. James Lynch, Inc.

    Section Image

  • P

    Buyer's Agent in 2013

    Patricia Meechin

    Century 21 Tradition

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71576195

MLS Property Information Network (MLS PIN)

APN: LYNN-000024-000385-000004

Massachusetts Essex County Lynn 01905 Upper Walnut Street

38 Gateway Ln, Lynn, MA

This home is located at 38 Gateway Ln, Lynn, MA 01905 since 30 August 2013 and is currently estimated at $564,924, approximately $547 per square foot. This property was built in 1957. 38 Gateway Ln is a home located in Essex County with nearby schools including Julia F. Callahan Elementary School, William R. Fallon School, and Breed Middle School.

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.

MLS Property Information Network (MLS PIN) 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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