NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,107,000

9 Beds
4 Baths
3,603 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $690,000 $192 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,644/month

9 Days on Market

About This Home

As of July 2019

Huge 3 Family; Welcome Home to 409 Chestnut Street, Lynn. This Beautifully Home is exceptionally large at 3,603 square feet. Perfectly located a short distance to the Swampscott Commuter Rail and major transportation routes. The first-floor unit, offers five rooms, three bedrooms, eat-in kitchen, living room & full bathroom. The second-floor unit offers five rooms, three bedrooms, a spacious living room area, eat-in kitchen and full bathroom . The third-floor unit offers an eat-in kitchen spacious living room, three bedrooms and full bathroom. This home has a nicely maintained exterior & all common areas are in good condition. All units offer beautiful hardwood floors and screened decks. Complete with 6 off-street parking spots, a partially finished lower level with an additional 4th bathroom, letter of full initial inspection compliance on hands for all 3 units, Short distance to beaches, restaurants, major transportation routes. HIGHEST & BEST OFFER by Wenesday at 9:00am.

Last Agent to Sell the Property

Kirssis Nunez

eXp Realty Listed on: 05/14/2019

eXp Realty

Last Buyer's Agent

Kirssis Nunez

eXp Realty Listed on: 05/14/2019

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,603

Year Built

  • Built in 1890

Lot Details

  • 3,920

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:084 B:499 L:037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,603

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 185.68
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Finished
  • Main Lo: AN4305
  • Main So: AN4305
  • Estimated Sq Ft: 3603.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Exterior: Vinyl
  • Foundation: Concrete Block

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 441400.00
  • Acre: 0.09
  • Lot Size: 3820.00
  • Parcel Number: M:084 B:499 L:037
  • Zoning: R4
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6312.00
  • Assessor Parcel Number: 1999564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jul 16, 2019
Sold by
Sanchez Angel L and Diaz Ana
Bought by
Neuo Rann
Seller's Agent
Kirssis Nunez
eXp Realty
Buyer's Agent
Kirssis Nunez
eXp Realty
List Price
$669,000
Sold Price
$690,000
Premium/Discount to List
$21,000
3.14%
Total Days on Market
9
Current Estimated Value
$1,061,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,011
Avg. Annual Appreciation
7.53%
Original Mortgage
$510,000
Outstanding Balance
$451,311
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$609,700

Purchase Details

Closed on
Nov 22, 2004
Sold by
Sanchez Angel Luis
Bought by
Diaz Ana and Sanchez Angel Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.8%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Sheperd James W
Bought by
Sanchez Angel Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.28%
Source: Public Records

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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
Neuo Rann $690,000 --
Diaz Ana -- --
Sanchez Angel Luis $91,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neuo Rann $510,000
Previous Owner Sanchez Angel L $402,085
Previous Owner Shepherd James W $412,200
Previous Owner Diaz Ana $50,000
Previous Owner Diaz Ana $364,000
Previous Owner Sanchez Angel Luis $232,000
Previous Owner Sanchez Angel Luis $165,000
Previous Owner Sanchez Angel Luis $26,000
Previous Owner Sanchez Angel L $15,000
Previous Owner Sanchez Angel Luis $89,040
Previous Owner Shepherd James W $62,500
Previous Owner Sheperd James W $62,500
Previous Owner Shepherd James W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $690,000 +3.1% $192 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $669,000 -- $186 / 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 $8,603 $830,400 $195,300 $635,100
2024 $8,470 $804,400 $176,300 $628,100
2023 $8,204 $735,800 $176,300 $559,500
2022 $7,996 $643,300 $144,200 $499,100
2021 $7,620 $584,800 $131,500 $453,300
2020 $6,441 $480,700 $102,700 $378,000
2019 $6,312 $441,400 $100,200 $341,200
2018 $5,828 $384,700 $96,800 $287,900
2017 $5,282 $338,600 $75,200 $263,400
2016 $4,820 $297,900 $63,400 $234,500
2015 $4,479 $267,400 $68,100 $199,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72499805

MLS Property Information Network (MLS PIN)

APN: LYNN-000084-000499-000037