NOT LISTED FOR SALE

40 Cherry St Unit 42 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $961,374 - $1,190,000

9 Beds
3 Baths
4,611 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $559,000 $121 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,944/month

63 Days on Market

About This Home

As of December 2016

OUTSTANDING, RARE UNIQUE 3 FAMILY NEAR OCEAN!!!! 18 ROOMS , 3 BEDROOM UNITS ,6 ROOMS ON EACH FLOOR. GREAT OPEN FLOOR CONCEPT ALL SEPARATE UTILITIES,NEWER HEATING SYSTEMS.Not a drive by,close to beach, busline, shopping, restaurant ,BeachMust do home inspection within five days of accepted offer.

Last Agent to Sell the Property

Beth Connor

Connor Real Estate Listed on: 09/20/2016

Last Buyer's Agent

Maria Fabiano

Maria Fabiano Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Teixeira Roberta S
Bought by
Pillon Jean J and Teixeira Roberta S
Total Days on Market
63
Current Estimated Value
$1,082,344

Purchase Details

Listed on
Sep 20, 2016
Closed on
Dec 21, 2016
Sold by
Salemi Richard L and Salemi Janice M
Bought by
Teixeria Roberta S
Seller's Agent
Beth Connor
Connor Real Estate
Buyer's Agent
Maria Fabiano
Maria Fabiano Realty
List Price
$559,000
Sold Price
$559,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$548,875
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1986
Bought by
Salemi Richard L and Salemi Janice M
Source: Public Records

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Range of Values:

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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
Pillon Jean J -- None Available
Pillon Jean J -- None Available
Pillon Jean J -- None Available
Teixeria Roberta S $559,000 --
Salemi Richard L $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teixeria Roberta S $548,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $559,000 0.0% $121 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/18/2016 11/18/16 Off Market $559,000 -- --
10/21/2016 10/21/16 For Sale $559,000 0.0% $121 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $559,000 -- $121 / 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 $10,688 $1,031,700 $213,100 $818,600
2024 $10,900 $1,035,100 $225,800 $809,300
2023 $10,368 $929,900 $209,200 $720,700
2022 $10,060 $809,300 $166,500 $642,800
2021 $9,736 $747,200 $163,500 $583,700
2020 $9,085 $678,000 $146,500 $531,500
2019 $8,886 $621,400 $142,200 $479,200
2018 $8,125 $536,300 $132,800 $403,500
2017 $7,575 $485,600 $126,400 $359,200
2016 $7,163 $442,700 $123,800 $318,900
2015 $6,670 $398,200 $128,100 $270,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beth Connor

    Connor Real Estate

    (781) 504-3505

    Section Image
  • Maria Fabiano

    Buyer's Agent in 2016

    Maria Fabiano

    Maria Fabiano Realty

    (617) 794-4257

    94 Total Sales

    Maria Fabiano
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72070005

MLS Property Information Network (MLS PIN)

APN: LYNN-000093-000561-000036

Massachusetts Essex County Lynn 01902 Diamond District

40 Cherry St Unit 42, Lynn, MA

This home is located at 40 Cherry St Unit 42, Lynn, MA 01902 since 20 September 2016 and is currently estimated at $1,082,344, approximately $234 per square foot. This property was built in 1900. 40 Cherry St Unit 42 is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

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