NOT LISTED FOR SALE

38 Nelson St Lynn, MA 01905

West Lynn Neighborhood

Estimated Value: $741,183 - $920,000

7 Beds
2 Baths
2,674 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2023

Last sale price $640,000 $239 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,118 / mo

7 Days on Market

Highlights

  • Property is near public transit and schools
  • Park
  • Shops
  • Wood Flooring
  • Tankless Water Heater
  • 5-minute walk to Barry Park

About This Home

As of March 2023

If only these walls could talk: this spacious West Lynn two family has been in the same family for over 85 years! Unit one holds 6 rooms, 3 bedrooms (one w/o closet), large eat in kitchen and full bath, while boasting hardwood floors and original built-ins. Unit two claims two levels and hosts 4 bedrooms + bonus room, large kitchen, dining room, living room, full bath and terrific back porch. Storage galore throughout both units, plus the former 2 car garage could become an awesome “man cave” or gym. Gardeners will love the fact that there has been a large garden in the back yard for over 40 years. The property currently has one heating system for both units and all other utilities are separate: hot water, electric and gas. Laundry hook ups and storage in basement, plenty off-street parking! This property is a compelling value for the savvy investor/contractor. Nearby shopping, MBTA bus stop and steps to the Northern Strand Community Trail. Don’t miss this incredible opportunity!

Last Agent to Sell the Property

Alison Socha

Leading Edge Real Estate Listed on: 09/28/2022

Leading Edge Real Estate

Co-Listed By

Heidi Russo

Leading Edge Real Estate

Last Buyer's Agent

Yessenia Alvarado

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,324

Year Built

  • Built in 1920

Lot Details

  • 5,056

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,674 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Microwave
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating Available
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • 5,056 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:037 B:279 L:007,1993605

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,324

Year Built

Built in 1920

Lot Details

5,056 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Concrete, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom with Shower Stall), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range), Gas Water Heater,Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Unfinished
  • Living Area: 2674
  • Stories Total: 3
  • MAIN LO: AN4643
  • MAIN SO: H95120

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Hot Water Radiators,Oil), Unit 2(Hot Water Radiators,Oil)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:037 B:279 L:007,1993605
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5056
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7324

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Mar 30, 2023
Sold by
Abcunas Rt
Bought by
Diaz Maria
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
List Price
$599,900
Sold Price
$640,000
Premium/Discount to List
$40,100
6.68%
Views
134
Current Estimated Value
$838,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,546
Avg. Annual Appreciation
9.08%

Purchase Details

Listed on
Sep 28, 2022
Closed on
Mar 29, 2023
Sold by
Abcunas Julius I Est
Bought by
Diaz Maria
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
List Price
$599,900
Sold Price
$640,000
Premium/Discount to List
$40,100
6.68%
Views
134

Purchase Details

Listed on
Sep 28, 2022
Closed on
Mar 28, 2023
Sold by
Abcunas Kevin J
Bought by
Diaz Maria
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
List Price
$599,900
Sold Price
$640,000
Premium/Discount to List
$40,100
6.68%
Views
134

Purchase Details

Listed on
Sep 28, 2022
Closed on
Mar 26, 2023
Sold by
Abcunas William J
Bought by
Diaz Maria
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
List Price
$599,900
Sold Price
$640,000
Premium/Discount to List
$40,100
6.68%
Views
134

Purchase Details

Closed on
Nov 12, 2015
Sold by
Abcunas Alexander and Abcunas Joseph L
Bought by
Abcunas Rt and Abcunas

Purchase Details

Closed on
Jul 15, 2015
Sold by
Abcunas John R
Bought by
Abcunas Rt and Abcunas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Diaz Maria $497,778 None Available
Diaz Maria $497,778 None Available
Diaz Maria $497,778 None Available
Diaz Maria $71,111 None Available
Diaz Maria $71,111 None Available
Diaz Maria $71,111 None Available
Diaz Maria $23,704 None Available
Diaz Maria $15,802 None Available
Diaz Maria $15,802 None Available
Diaz Maria $15,802 None Available
Abcunas Rt -- --
Abcunas Rt -- --
Abcunas Rt -- --
Abcunas Rt -- --
Abcunas Rt -- --
Abcunas Rt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $640,000 +6.7% $239 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $599,900 -- $224 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,702 $743,398 $205,100 $538,298
2024 $7,236 $687,200 $188,400 $498,800
2023 $7,047 $632,000 $167,800 $464,200
2022 $7,324 $589,200 $157,800 $431,400
2021 $6,713 $515,200 $130,100 $385,100
2020 $6,057 $452,000 $108,700 $343,300
2019 $5,750 $402,100 $93,300 $308,800
2018 $5,507 $363,500 $102,100 $261,400
2017 $5,490 $351,900 $90,300 $261,600
2016 $5,137 $317,500 $85,400 $232,100
2015 $4,698 $280,500 $73,600 $206,900
Source: Public Records

Agents Affiliated with this Home

  • Alison Socha

    Seller's Agent in 2023

    Alison Socha

    Leading Edge Real Estate

    (781) 983-9326

    1 in this area

    223 Total Sales

    Alison Socha
    Section Image

  • H

    Seller Co-Listing Agent in 2023

    Heidi Russo

    Leading Edge Real Estate

    (339) 293-3128

    1 in this area

    9 Total Sales

    Heidi Russo
    Section Image
  • Yessenia Alvarado

    Buyer's Agent in 2023

    Yessenia Alvarado

    Coldwell Banker Realty - Marblehead

    (857) 333-9393

    3 in this area

    127 Total Sales

    Yessenia Alvarado
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73041927

MLS Property Information Network (MLS PIN)

APN: LYNN-000037-000279-000007

Massachusetts Essex County Lynn 01905 West Lynn

38 Nelson St, Lynn, MA

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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