$298,000
SOLD DEC 20, 2013

40 Essex St Lynn, MA 01902

Eastern Avenue Neighborhood
6 Beds
3 Baths
2,876 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

4% Below List Price

48 Days on Market

About This Home

As of December 2013

Large two family home located on the Lynn/Swampscott Line! First floor has 4 rooms 2 bedrooms. Second floor unit has two floors which consists of 6 rooms 4 bedrooms, with 2 full baths.This house has plenty of parking, vinyl siding , newer windows, newer roof, & separate utilities heated by gas. Close to all area amenities including, shopping, beaches,woods, public transportation, golf courses, schools, & restaurants! Great for owner occupy to help pay their mortgage, or for the investor who is looking to supplement their income!

Last Agent to Sell the Property

Melissa Jeffery

Toner Real Estate, LLC Listed on: 10/03/2013

Last Buyer's Agent

Melissa Jeffery

Toner Real Estate, LLC Listed on: 10/03/2013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,822

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Public School, T-Station
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Basement: Full, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 8

Utilities

  • Hot Water: Natural Gas

Schools

  • Elementary School: Ingalls
  • Middle School: Marshall
  • High School: Lynn English

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Dec 27, 2013
Sold by
Ciampa Joseph and Raponi Armando J
Bought by
Phay Chum and Phay Mary
Seller's Agent
Melissa Jeffery
Toner Real Estate, LLC
Buyer's Agent
Melissa Jeffery
Toner Real Estate, LLC
List Price
$309,900
Sold Price
$298,000
Premium/Discount to List
-$11,900
-3.84%
Current Estimated Value
$846,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,451
Avg. Annual Appreciation
9.49%
Original Mortgage
$288,054
Outstanding Balance
$218,418
Interest Rate
4.35%
Mortgage Type
FHA
Estimated Equity
$633,925

Purchase Details

Closed on
Jul 31, 2001
Sold by
Thompson Kenneth S
Bought by
Ciampa Joseph and Raponi Armando J

Purchase Details

Closed on
Jan 23, 1990
Sold by
Moison Robert
Bought by
Thompson Kenneth
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 Type Sale Price Title Company
Not Resolvable $298,000 --
Deed $190,000 --
Deed $190,000 --
Deed $157,000 --
Deed $157,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,054 FHA
Closed $288,054 FHA
Previous Owner $273,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $298,000 -3.8% $104 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $309,900 -- $108 / 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 $7,822 $755,005 $205,500 $549,505
2024 $7,390 $701,800 $193,200 $508,600
2023 $7,398 $663,500 $190,600 $472,900
2022 $7,356 $591,800 $153,400 $438,400
2021 $6,778 $520,200 $129,700 $390,500
2020 $6,352 $474,000 $126,600 $347,400
2019 $6,150 $430,100 $118,300 $311,800
2018 $5,915 $390,400 $127,500 $262,900
2017 $5,340 $342,300 $105,200 $237,100
2016 $5,095 $314,900 $105,600 $209,300
2015 $4,876 $291,100 $105,600 $185,500
Source: Public Records

Agents Affiliated with this Home

  • Melissa Jeffery

    Seller's Agent in 2013

    Melissa Jeffery

    Toner Real Estate, LLC

    (508) 423-3210

    2 in this area

    36 Total Sales

    Melissa Jeffery
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71592469

MLS Property Information Network (MLS PIN)

APN: LYNN-000104-000429-000003

Massachusetts Essex County Lynn 01902 Eastern Avenue

40 Essex St, Lynn, MA

This home is located at 40 Essex St, Lynn, MA 01902 and is currently priced at $298,000, approximately $103 per square foot. This property was built in 1900. 40 Essex St is a home located in Essex County with nearby schools including Ingalls Elementary School, William R. Fallon School, and Marshall 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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