Seller's Agent in 2020
Jason Berroa
RE/MAX 360
(617) 991-5100
27 Total Sales
40 Light St Lynn, MA 01905
West Lynn NeighborhoodEstimated Value: $697,212 - $837,000
6
Beds
2
Baths
2,372
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fenced Yard
- Porch
- Cokato Elementary School Rated 10
- Balcony
About This Home
As of January 2020CASH COW! Well maintained and spacious 2 family home lovingly cared for by its long-term owners. Located in desirable West Lynn, this is the one you have been waiting for. Enjoy 2,372 square foot of living area. Both units feature a large eat in kitchen, formal dining room, living room, bathroom, three bedrooms and a large front porch. Hardwood floors throughout these beautiful sun filled units with nice flow. Separate utilities, gas heating & hot water, lots of storage in large basement, roof done in 2017, vinyl siding in 2018, 3 off street parking spots and a fenced in yard. Easy accessible location near bus stops, commuter rail stations, route 107, route 1A, airport, shopping and parks. Set your own rental income and choose your own tenants. Both units to be delivered vacant and in move-in condition! Perfect opportunity for either Owner Occupant or Investors. First showings at open house, be prepared, this one will not last! Offers due Monday 12/9/19 5pm.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- Fenced Yard
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Outdoor Features
- Balcony
- Rain Gutters
- Porch
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:036 B:784 L:026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2019
Closed on
Jan 7, 2020
Sold by
Griffin Jermaine P and Griffin Tracy
Bought by
Martinez Jose L and Mejia-Arana Ana Y
Seller's Agent
Jason Berroa
RE/MAX 360
Buyer's Agent
Rosa Feliz
Re-yes Real Estate
List Price
$549,900
Sold Price
$555,000
Premium/Discount to List
$5,100
0.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,803
Avg. Annual Appreciation
5.39%
Original Mortgage
$544,947
Outstanding Balance
$475,051
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$286,752
Purchase Details
Closed on
Sep 26, 2001
Sold by
Agganis Arthur and Agganis Evelyn
Bought by
Griffin Jermaine P and Griffin Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,018
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Jose L | $555,000 | None Available | |
| Martinez Jose L | $555,000 | None Available | |
| Griffin Jermaine P | $239,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Jose L | $544,947 | |
| Closed | Martinez Jose L | $544,947 | |
| Previous Owner | Griffin Jermaine P | $263,138 | |
| Previous Owner | Griffin Jermaine P | $238,018 | |
| Previous Owner | Griffin Jermaine P | $9,521 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/10/2020 01/10/20 | Sold | $555,000 | +0.9% | $234 / Sq Ft |
| 12/19/2019 12/19/19 | Pending | -- | -- | -- |
| 12/04/2019 12/04/19 | Price Changed | $549,900 | 0.0% | $232 / Sq Ft |
| 12/04/2019 12/04/19 | For Sale | $549,900 | +4.7% | $232 / Sq Ft |
| 09/26/2019 09/26/19 | Pending | -- | -- | -- |
| 09/17/2019 09/17/19 | For Sale | $525,000 | -- | $221 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,826 | $658,846 | $194,900 | $463,946 |
| 2024 | $6,405 | $608,300 | $179,100 | $429,200 |
| 2023 | $6,227 | $558,500 | $159,500 | $399,000 |
| 2022 | $6,457 | $519,500 | $149,900 | $369,600 |
| 2021 | $5,899 | $452,700 | $123,700 | $329,000 |
| 2020 | $5,302 | $395,700 | $103,300 | $292,400 |
| 2019 | $4,826 | $337,500 | $88,700 | $248,800 |
| 2018 | $4,642 | $306,400 | $97,000 | $209,400 |
| 2017 | $4,362 | $279,600 | $85,800 | $193,800 |
| 2016 | $4,082 | $252,300 | $81,200 | $171,100 |
| 2015 | $3,715 | $221,800 | $70,000 | $151,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Berroa
-
Rosa Feliz
Buyer's Agent in 2020
Rosa Feliz
Re-yes Real Estate
(781) 953-1461
2 in this area
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72566393
APN: LYNN-000036-000784-000026
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.
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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