NOT LISTED FOR SALE

40 Hollingsworth St Lynn, MA 01902

Highlands Neighborhood

Estimated Value: $1,048,000 - $1,098,000

8 Beds
3 Baths
3,402 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $945,000 $278 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,470/month

3 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Fenced
  • Balcony
  • 2 Car Garage
  • 3-minute walk to Cook Street Park

About This Home

As of June 2022

Beautifully and spacious updated 3 family home, great for first time home buyers as well as investors. First and second floor include 3 spacious size bedrooms with good closet space, kitchen, dining room, living room, bathroom, and front and back porch. Third floor apartment consist of 2 good size bedrooms, kitchen/dining room, and living room. Parking spaces for up to six cars and a detached two car garage with extra storage, and a nice fenced in back yard that it's good for gatherings. Don't miss this opportunity and book your showings today!!! Tenants on second floor wants to stay. Cancel open house.

Last Agent to Sell the Property

Anderson De Andrade

Invest Realty Group Listed on: 05/23/2022

Last Buyer's Agent

Anderson De Andrade

Invest Realty Group Listed on: 05/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 1900

Lot Details

  • 4,459 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,402 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Gas Water Heater

Community Details

  • 3 Units
  • Property has 1 Level

Listing and Financial Details

  • Assessor Parcel Number M:084 B:700 L:005,2005088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,657

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3402
  • Stories Total: 6
  • MAIN LO: NB5311
  • LIST PRICE PER Sq Ft: 286.6
  • PRICE PER Sq Ft: 277.78
  • MAIN SO: NB5311

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Brick, Stone
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Enclosed, Patio - Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:084 B:700 L:005,2005088
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4459
  • Lot Size Units: Acres
  • PAGE: 494

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8657
  • Tax Book Number: 35527

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2017
Sold by
Loch Elcio and Ribeiro Joaquim
Bought by
Loch Elcio and Ribeiro Joaquim
Total Days on Market
3
Current Estimated Value
$1,073,889

Purchase Details

Listed on
Sep 22, 2016
Closed on
Dec 13, 2016
Sold by
Mejia Jorge W
Bought by
Loch Elcio and Ribeiro Joaquim
Seller's Agent
Macelly Sanchez
Realty ONE Group Nest
Buyer's Agent
Benilton Silva
Benny's Realty Group
List Price
$524,900
Sold Price
$525,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$515,490
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 9, 2013
Closed on
Apr 5, 2013
Sold by
Fnma
Bought by
Mejia Jorge W
Seller's Agent
Matthew Newhall
Century 21 Tradition - Georgetown
Buyer's Agent
Saldis Lugo
Red Tree Real Estate
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%
Original Mortgage
$279,407
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2012
Sold by
Becton Rita
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2007
Sold by
Demers Gerald
Bought by
Becton Rita

Purchase Details

Closed on
Mar 31, 2000
Sold by
Toomajian Steven H
Bought by
Demers Gerard
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
Loch Elcio -- --
Loch Elcio -- --
Loch Elcio $525,000 --
Mejia Jorge W $250,000 --
Federal National Mortgage Association $325,855 --
Federal National Mortgage Association $325,855 --
Becton Rita $370,000 --
Becton Rita $370,000 --
Demers Gerard $176,000 --
Demers Gerard $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Marcos R $697,500
Closed Loch Elcio $482,470
Previous Owner Loch Elcio $515,490
Previous Owner Mejia Jorge $277,500
Previous Owner Mejia Jorge W $279,407
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $945,000 -3.1% $278 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $975,000 +85.7% $287 / Sq Ft
12/13/2016 12/13/16 Sold $525,000 0.0% $154 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $524,900 +110.0% $154 / Sq Ft
04/05/2013 04/05/13 Sold $250,000 -7.4% $73 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $269,900 -- $79 / 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 $9,254 $893,200 $199,000 $694,200
2024 $9,124 $866,500 $179,600 $686,900
2023 $8,845 $793,300 $179,600 $613,700
2022 $8,657 $696,500 $146,900 $549,600
2021 $8,268 $634,500 $134,000 $500,500
2020 $7,568 $564,800 $104,700 $460,100
2019 $7,419 $518,800 $102,100 $416,700
2018 $6,852 $452,300 $98,600 $353,700
2017 $6,777 $434,400 $76,700 $357,700
2016 $6,224 $384,700 $64,600 $320,100
2015 $5,757 $343,700 $69,300 $274,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72986380

MLS Property Information Network (MLS PIN)

APN: LYNN-000084-000700-000005