NOT LISTED FOR SALE

Estimated Value: $578,000 - $680,000

5 Beds
2 Baths
1,996 Sq Ft
6,534 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $550,000 $276 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,832/month

5 Days on Market

Highlights

  • Deck
  • Porch
  • Storage Shed
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Jenkins Park

About This Home

As of June 2021

Welcome Home to 40 North Franklin Street! This large, well maintained and cared for home was once a two family, converted to a single family to accommodate the loved ones that have lived here since 1960! The time has come to pass this home onto new buyers that can make it their own. Two floors of living, 1 bedroom, 1 full bath, full kitchen, laundry and Central AC on first floor, bonus kitchen, 4 bedrooms and another full bath on the second floor, this home has room for everyone!! There are closets in almost every room! The yard provides plenty of space for get togethers and a ton of off street parking for visitors. A deck on the front of the house is perfect for relaxing and visiting with friends, family or neighbors. New owners/investors could convert it back to a multifamily for income potential. There are two 200 amp electric panels and gas heat. The basement has storage, storage and more storage along with a workshop! This home is a must see, don't miss out, it will go fast!!

Last Agent to Sell the Property

Jill Avery

Century 21 North East Listed on: 04/07/2021

Century 21 North East

Last Buyer's Agent

Jennifer Coa

Empire Real Estate™

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,750

Year Built

  • Built in 1920

Lot Details

  • 6,534

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Schools

  • Classical High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:055 B:206 L:006

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,750

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Attached
  • Style: Colonial
  • Year Built Description: Actual
  • List Price Per Sq Ft: 250.45
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate, Hardwood
  • Appliances: Dishwasher, Microwave
  • No Bedrooms: 5
  • Master Bedroom: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Laminate, Lighting - Overhead
  • Bedroom 3: On Level: Second Floor, Closet, Flooring - Laminate, Lighting - Overhead
  • Bedroom 4: On Level: Second Floor, Closet, Flooring - Laminate, Lighting - Overhead
  • Bedroom 5: On Level: Second Floor, Closet, Flooring - Laminate, Lighting - Overhead
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Main Level
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 10
  • Dining Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Main Level
  • Family Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Main Level
  • Kitchen: On Level: First Floor, Ceiling Fan(s), Flooring - Laminate, Main Level
  • Laundry: On Level: First Floor, Closet, Flooring - Laminate, Lighting - Overhead
  • Living Room: On Level: First Floor, Ceiling Fan(s), Flooring - Wall to Wall Carpet, Main Level
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Other Room 1: Name: Kitchen, On Level: Second Floor, Flooring - Laminate
  • Main Lo: AN5406
  • Main So: G95022
  • Estimated Sq Ft: 1996.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Deck - Wood, Storage Shed
  • Foundation: Fieldstone
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Sewage District: Lynn
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Schools

  • Elementary School: Tracy
  • Middle School: Breed
  • High School: Classical

Lot Info

  • Assessments: 403500.00
  • Acre: 0.15
  • Lot Size: 6358.00
  • Page: 228
  • Parcel Number: M:055 B:206 L:006
  • Zoning: R4
  • Lot Description: Paved Drive, Level

Tax Info

  • Taxes: 5258.00
  • Assessor Parcel Number: 1991380
  • Tax Year: 2021

MLS Schools

  • Grade School: Tracy
  • High School: Classical
  • Middle School: Breed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 28, 2021
Sold by
N & M Thobodeau 2013 Irt
Bought by
Aguilar-Lemus Juan C and Landaverde Marlon G
Seller's Agent
Jill Avery
Century 21 North East
Buyer's Agent
Jennifer Coa
Empire Real Estate™
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%
Total Days on Market
5
Current Estimated Value
$631,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,910
Avg. Annual Appreciation
3.58%
Original Mortgage
$522,500
Outstanding Balance
$478,848
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,177

Purchase Details

Closed on
Jun 28, 2013
Sold by
Thibodeau Norman J and Thibodeau Marylane
Bought by
Norman & M Thibodeau Irt
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aguilar-Lemus Juan C $550,000 None Available
Norman & M Thibodeau Irt -- --
Norman & M Thibodeau Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar-Lemus Juan C $522,500
Closed Aguilar-Lemus Juan C $522,500
Previous Owner Thibodeau Norman J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $550,000 +10.0% $276 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $499,900 -- $250 / 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 $5,750 $555,000 $203,200 $351,800
2024 $5,516 $523,800 $190,900 $332,900
2023 $5,323 $477,400 $185,000 $292,400
2022 $5,385 $433,200 $171,300 $261,900
2021 $5,258 $403,500 $164,500 $239,000
2020 $4,894 $365,200 $145,000 $220,200
2019 $4,662 $326,000 $118,600 $207,400
2018 $4,124 $272,200 $98,600 $173,600
2017 $3,819 $244,800 $83,600 $161,200
2016 $3,668 $226,700 $74,500 $152,200
2015 $3,389 $202,300 $69,500 $132,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72810236

MLS Property Information Network (MLS PIN)

APN: LYNN-000055-000206-000006