NOT LISTED FOR SALE

424 Eastern Ave Lynn, MA 01902

Chatham Street Neighborhood

Estimated Value: $583,000 - $600,337

3 Beds
2 Baths
1,318 Sq Ft
$449/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $340,000 $258 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,561/month

18 Days on Market

About This Home

As of January 2017

Enjoy the comfort of sitting on a beautiful living room with coffered ceilings and a over sized working fireplace. Kitchen cabinets, windows, bathrooms and roof was updated less then 4 years ago. Kitchen overlooks private enclosed back yard with a nice large deck for summer grilling. Subject to seller finding suitable housing.

Last Agent to Sell the Property

Richard Peterson

Douglas Elliman Real Estate - The Sarkis Team Listed on: 11/15/2016

Douglas Elliman Real Estate - The Sarkis Team

Last Buyer's Agent

Melinda Puzon

MP Signature Realty LLC

Home Details

Home Type

Single Family

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Single Family
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7

Exterior Features

  • Exterior: Wood
  • Foundation: Other (See Remarks)

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking Spaces: 5

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:097 B:464 L:043
  • Zoning: R1

Multi Family

  • Foundation: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 12, 2017
Sold by
Mercado Jorge and Velasquez Claudia
Bought by
Mercado Blanca I
Seller's Agent
Richard Peterson
Douglas Elliman Real Estate - The Sarkis Team
Buyer's Agent
Melinda Puzon
MP Signature Realty LLC
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%
Current Estimated Value
$592,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,334
Avg. Annual Appreciation
6.36%
Original Mortgage
$100,000
Outstanding Balance
$81,910
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$510,424

Purchase Details

Listed on
Dec 30, 2013
Closed on
Mar 7, 2014
Sold by
Mrd Investment Group C
Bought by
Mercado Jorge and Velasquez Claudia
Seller's Agent
Richard Peterson
Douglas Elliman Real Estate - The Sarkis Team
Buyer's Agent
Jose Clavel
Pena Realty Corporation
List Price
$284,933
Sold Price
$275,000
Premium/Discount to List
-$9,933
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$270,019
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 18, 2013
Closed on
May 24, 2013
Sold by
Us Bank Na
Bought by
Mrd Inv Group Corp
Seller's Agent
Elena Adgate
Jack Conway & Co, Inc.
Buyer's Agent
Richard Peterson
Douglas Elliman Real Estate - The Sarkis Team
List Price
$150,000
Sold Price
$150,100
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.33%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Funicella Scott
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 25, 1998
Sold by
Abramo Salvatore F
Bought by
Funicella Scott and Funicella Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mercado Blanca I $340,000 --
Mercado Blanca I $340,000 --
Mercado Jorge $275,000 --
Mercado Jorge $275,000 --
Mrd Inv Group Corp $150,399 --
Us Bank Na $170,000 --
Us Bank Na $170,000 --
Funicella Scott $120,000 --
Funicella Scott $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Blanca I $100,000
Closed Mercado Blanca I $100,000
Previous Owner Mercado Jorge $270,019
Previous Owner Funicella Scott $280,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2017 01/12/17 Sold $340,000 -1.4% $258 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $345,000 +25.5% $262 / Sq Ft
03/06/2014 03/06/14 Sold $275,000 -3.5% $209 / Sq Ft View Prior Sale
01/29/2014 01/29/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $284,933 +89.8% $216 / Sq Ft
05/24/2013 05/24/13 Sold $150,100 +0.1% $114 / Sq Ft View Prior Sale
04/29/2013 04/29/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $150,000 -- $114 / 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 $5,940 $573,400 $206,200 $367,200
2024 $5,733 $544,400 $196,300 $348,100
2023 $5,558 $498,500 $191,400 $307,100
2022 $5,424 $436,400 $159,700 $276,700
2021 $5,176 $397,200 $137,800 $259,400
2020 $4,966 $370,600 $130,200 $240,400
2019 $4,994 $349,200 $121,700 $227,500
2018 $4,725 $311,900 $118,500 $193,400
2017 $4,441 $284,700 $104,700 $180,000
2016 $4,263 $263,500 $92,600 $170,900
2015 $3,946 $235,600 $84,100 $151,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Richard Peterson

    Douglas Elliman Real Estate - The Sarkis Team

    20 Total Sales

    Richard Peterson
    Section Image

  • M

    Buyer's Agent in 2017

    Melinda Puzon

    MP Signature Realty LLC

    Section Image
  • Jose Clavel

    Buyer's Agent in 2014

    Jose Clavel

    Pena Realty Corporation

    (857) 294-1841

    1 in this area

    42 Total Sales

    Jose Clavel
    Section Image

  • E

    Seller's Agent in 2013

    Elena Adgate

    Jack Conway & Co, Inc.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72093290

MLS Property Information Network (MLS PIN)

APN: LYNN-000097-000464-000043

Massachusetts Essex County Lynn 01902 Chatham Street

424 Eastern Ave, Lynn, MA

Not Listed for Sale

Detached

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