NOT LISTED FOR SALE

384 Chatham St Unit 386 Lynn, MA 01902

Lynn English Neighborhood

Estimated Value: $932,000 - $1,028,740

7 Beds
3 Baths
3,279 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $690,000 $210 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,870/month

29 Days on Market

About This Home

As of June 2020

Renovated Triple Decker!! Double wide driveway for parking up to 6 Cars OFF STREET. Nice grass backyard area for you or tenants to enjoy. Three newer GAS HEATING systems. Two units have been completely renovated with fresh hardwood floors, new kitchens, NEW BATHROOMS, and more. UNITS 1 & 2 are DE-LEADED with certificates on hand. This property is the 3 family that you have been waiting for!! Call list agent for video tour & showings.

Last Agent to Sell the Property

Chris Martin

Cameron Prestige, LLC Listed on: 03/18/2020

Cameron Prestige, LLC

Last Buyer's Agent

nomeeta zaheer

Cameron Prestige, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,227

Flooring

  • Wood Flooring

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 213.17
  • Comp Based On: Net Sale Price
  • Year Built: 1919
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1919

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Main Lo: AN4281
  • Main So: AN4281
  • Estimated Sq Ft: 3279.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 494400.00
  • Acre: 0.12
  • Lot Size: 5047.00
  • Page: 192
  • Zoning: R1

Multi Family

  • Total Levels: 3
  • Total Rent: 4900
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6624.96
  • Assessor Parcel Number: 1999410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 5, 2020
Sold by
Martin Christopher A and Martin Kristen
Bought by
Elsweesy Muhammad
Seller's Agent
Chris Martin
Cameron Prestige, LLC
Buyer's Agent
nomeeta zaheer
Cameron Prestige, LLC
List Price
$699,999
Sold Price
$690,000
Premium/Discount to List
-$9,999
-1.43%
Current Estimated Value
$978,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,935
Avg. Annual Appreciation
6.58%
Original Mortgage
$666,971
Outstanding Balance
$588,600
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$390,335

Purchase Details

Closed on
Jan 7, 2016
Sold by
384-386 Chatham Street and Lavallee
Bought by
Martin Christopher A and Martin Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elsweesy Muhammad $690,000 None Available
Elsweesy Muhammad $690,000 None Available
Martin Christopher A $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsweesy Muhammad $666,971
Closed Elsweesy Muhammad $666,971
Previous Owner Martin Christopher A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2020 06/11/20 Sold $690,000 -1.3% $210 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
03/31/2020 03/31/20 Price Changed $699,000 -0.1% $213 / Sq Ft
03/18/2020 03/18/20 For Sale $699,999 -- $213 / 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 $8,645 $834,500 $202,000 $632,500
2024 $8,607 $817,400 $192,300 $625,100
2023 $8,312 $745,500 $187,500 $558,000
2022 $8,145 $655,300 $156,400 $498,900
2021 $7,311 $561,100 $134,900 $426,200
2020 $6,625 $494,400 $127,500 $366,900
2019 $6,448 $450,900 $119,200 $331,700
2018 $6,012 $396,800 $116,100 $280,700
2017 $5,716 $366,400 $102,500 $263,900
2016 $5,275 $326,000 $90,700 $235,300
2015 $4,713 $281,400 $82,400 $199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72635562

MLS Property Information Network (MLS PIN)

APN: LYNN-000097-000495-000012