NOT LISTED FOR SALE

Estimated Value: $851,846 - $949,000

4 Beds
2 Baths
2,776 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $736,500 $265 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,650/month

11 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Walking Distance to Water
  • Property is near public transit
  • 2 Fireplaces
  • 5-minute walk to Red Rock Park

About This Home

As of May 2022

Diamond District Jewel just One block from the beach! Family owned for 50 years, newly remodeled! Amazing opportunity to own this gorgeous 2 1/2 Story, 2 Family Victorian home. Charming units offering 1,300+/- sq. ft., with bonus unfinished 3rd floor, ready for your own design and finishes, tiptoe ocean views. Both units featuring gleaming hardwood flooring, high ceilings, and pocket doors, 2-bedrooms, 1-bathroom, large living rooms with brick fireplaces, bay windows to let in plenty of sunlight. Tiled kitchens, granite countertops, newer appliances, and wood cabinetry. Washer & Dryer in each unit included. Formal dining rooms w/chandeliers and built-in china cabinets. Insulated basement. Private front entryways, small fenced yard, handicap ramp, shared tandem driveway for 2 cars. First floor 1 year lease. Conveniently located near Red Rock Park, Swampscott line, bus stop at end of street or short drive to Swampscott Commuter Rail (4 short stops into N. Station)

Last Agent to Sell the Property

Suad Kantarevic

Agape Realty Partners, LLC Listed on: 03/25/2022

Co-Listed By

Diana Ferrer

Agape Realty Partners, LLC

Last Buyer's Agent

Suad Kantarevic

Agape Realty Partners, LLC Listed on: 03/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,860

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Waterfront
  • Property fronts an easement

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,776 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Insulated Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Bulkhead

Schools

  • Harrington Elementary School
  • Marshall Middle School
  • Lynn English High School

Utilities

  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Oil Water Heater

Additional Features

  • Handicap Accessible
  • Property is near public transit

Community Details

  • 2 Units
  • Net Operating Income $26,400

Listing and Financial Details

  • Total Actual Rent $2,200
  • Assessor Parcel Number 2001533

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,860

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Crown Molding,Stone/Granite/Solid Counters,Bathroom With Tub,Other (See Remarks)), Unit 2(Crown Molding,Stone/Granite/Solid Counters,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Oil Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Accessibility Features: Handicap Access
  • Living Area: 2776
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6047
  • LIST PRICE PER Sq Ft: 262.61
  • PRICE PER Sq Ft: 265.31
  • MAIN SO: AN6047

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved, Other
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Lot Info

  • Parcel Number: 2001533
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3342
  • PAGE: 41

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7859.7
  • Tax Book Number: 22663

Multi Family

  • Gross Income: 26400
  • Net Operating Income: 26400
  • Number Of Units Total: 2
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Lynn English
  • Elementary School: Harrington Elem
  • Middle Or Junior School: Marshall Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2013
Sold by
Lavrentios Charles A
Bought by
44 Breed Street Assoc
Current Estimated Value
$904,924

Purchase Details

Closed on
Apr 13, 2004
Sold by
Lavrentios Kathleen E
Bought by
Lavrentios Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
44 Breed Street Assoc -- --
44 Breed Street Assoc -- --
Lavrentios Charles A $138,000 --
Lavrentios Charles A $138,000 --
Lavrentios Charles A $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 44 Breed Street Rt $522,000
Previous Owner Lavrentios Charles A $225,000
Previous Owner Lavrentios Charles A $188,000
Previous Owner Lavrentios Charles A $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $736,500 +1.0% $265 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $729,000 -- $263 / 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 $8,630 $833,010 $208,000 $625,010
2024 $8,410 $798,700 $220,400 $578,300
2023 $8,271 $741,800 $204,200 $537,600
2022 $8,213 $660,700 $162,500 $498,200
2021 $7,860 $603,200 $159,600 $443,600
2020 $7,203 $537,500 $143,000 $394,500
2019 $7,044 $492,600 $138,800 $353,800
2018 $6,478 $427,600 $129,600 $298,000
2017 $6,285 $402,900 $123,400 $279,500
2016 $5,951 $367,800 $120,900 $246,900
2015 $5,762 $344,000 $125,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72957586

MLS Property Information Network (MLS PIN)

APN: LYNN-000093-000568-000025