NOT LISTED FOR SALE

Estimated Value: $642,000 - $794,000

6 Beds
2 Baths
2,349 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $450,000 $192 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,369/month

14 Days on Market

About This Home

As of October 2018

Well taken care of and ready for its next investors, this home has the opportunity to purchase "as is" or renovate and make into your own. With two separate units, this property is located in West Lynn steps from the new Market Basket has two tenant at will renters paying $950 For a 2 bedroom ( below market price) on the first floor and $1700 on second floor for a 3 bedroom (2 floors). This multi-family has recently been converted from oil to gas in the past year. No Showing Until Group Showing on July 2nd 2018 from 5:30pm to 7:30pm. Come see if this property is for you! submit offers by 5:00pm on 7/6/18

Last Agent to Sell the Property

Peter Kahari

RE/MAX Heritage Listed on: 06/28/2018

RE/MAX Heritage

Co-Listed By

Pamela Dimis

PD Properties

Last Buyer's Agent

Raphael Zeno

Group41 Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,793

Year Built

  • Built in 1920

Lot Details

  • 2,178

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:037 B:276 L:013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,793

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 180.93
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Walk Out, Sump Pump, Concrete Floor, Unfinished Basement
  • Main Lo: AC2265
  • Main So: AN4076
  • Estimated Sq Ft: 2349.00

Exterior Features

  • Exterior: Vinyl
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Sewage District: Lynn
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 328500.00
  • Acre: 0.05
  • Lot Size: 2150.00
  • Page: 423
  • Parcel Number: M:037 B:276 L:013
  • Zoning: R4
  • Lot Description: Corner, Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rent: 2650
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4977.00
  • Assessor Parcel Number: 1993520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Oct 10, 2018
Sold by
Garcia Vicenta
Bought by
Gedeon Jean and Gedeon Saintelie
Seller's Agent
Peter Kahari
RE/MAX Heritage
Buyer's Agent
Raphael Zeno
Group41 Realty LLC
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
$722,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,193
Avg. Annual Appreciation
6.84%
Original Mortgage
$441,849
Outstanding Balance
$391,722
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$330,471

Purchase Details

Closed on
Aug 4, 2003
Sold by
Warren Alexander H and Warren Elizabeth
Bought by
Garcia Vicenta

Purchase Details

Closed on
Feb 28, 1997
Sold by
Jeda Realty Corp
Bought by
Warren Alexander H and Warren Elizabeth

Purchase Details

Closed on
May 22, 1996
Sold by
Fazio John A
Bought by
Jeda Realty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Gedeon Jean $450,000 --
Gedeon Jean $450,000 --
Garcia Vicenta $270,000 --
Garcia Vicenta $270,000 --
Warren Alexander H $69,150 --
Warren Alexander H $69,150 --
Jeda Realty Corp $33,000 --
Jeda Realty Corp $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gedeon Jean $441,849
Closed Gedeon Jean $441,849
Previous Owner Jeda Realty Corp $290,000
Previous Owner Jeda Realty Corp $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2018 10/10/18 Sold $450,000 +5.9% $192 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $425,000 -- $181 / 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 $6,793 $655,743 $183,700 $472,043
2024 $6,398 $607,600 $170,800 $436,800
2023 $6,634 $595,000 $188,900 $406,100
2022 $6,477 $521,100 $144,700 $376,400
2021 $5,995 $460,100 $125,000 $335,100
2020 $5,711 $426,200 $128,200 $298,000
2019 $5,460 $381,800 $114,500 $267,300
2018 $4,977 $328,500 $103,300 $225,200
2017 $4,783 $306,600 $90,400 $216,200
2016 $4,435 $274,100 $83,200 $190,900
2015 $4,270 $254,900 $85,600 $169,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72354064

MLS Property Information Network (MLS PIN)

APN: LYNN-000037-000276-000013