NOT LISTED FOR SALE

Estimated Value: $633,910 - $740,000

4 Beds
2 Baths
1,777 Sq Ft
$384/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $700,000 $394 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,166/month

2 Days on Market

Highlights

  • Marina
  • Medical Services
  • Wood Flooring
  • Golf Course Community
  • Property is near public transit
  • 5-minute walk to Cook Street Park

About This Home

As of September 2023

Great location and very good condition on this two-unit property. Fully rented and with very good tenants. It will make a good investment for an investor or a first-time home buyer. Conveniently located just off route 107 or Western Avenue, and near schools, supermarkets and public transportation. Lynn is booming and it has a lot to offer, so take advantage of the opportunity to get into a solid and very well taken care property.

Last Agent to Sell the Property

Rosa Feliz

Re-yes Real Estate Listed on: 07/27/2023

Last Buyer's Agent

Rosa Feliz

Re-yes Real Estate Listed on: 07/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,188

Year Built

  • Built in 1900

Lot Details

  • 4,650 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,777 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Ford Elementary School
  • Marshall Middle School
  • English High School

Utilities

  • 2 Heating Zones
  • 110 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $3,900
  • Assessor Parcel Number M:085 B:487 L:001,1999164

Community Details

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,188

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2.00
  • Transaction Broker: 2.00
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Partially Finished
  • Living Area: 1777
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: C10136
  • LIST PRICE PER Sq Ft: 393.92
  • PRICE PER Sq Ft: 393.92
  • MAIN SO: C10136

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Electric: 110 Volts, Circuit Breakers
  • Water Source: Public
  • SEWAGE DISTRICT: Lynn
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:085 B:487 L:001,1999164
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4650
  • Lot Size Units: Acres
  • PAGE: 56
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6188
  • Tax Book Number: 36425

Multi Family

  • Gross Income: 46800
  • Net Operating Income: 46800
  • Number Of Units Total: 2
  • Total Actual Rent: 3900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: English
  • Elementary School: Ford
  • Middle Or Junior School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2014
Sold by
Denise Hatzis Rt and Ladakos
Bought by
Hatzis Realty Llc
Total Days on Market
2
Current Estimated Value
$681,728
Source: Public Records

Similar Homes in Lynn, MA

  • 6 Carlton St, Lynn, MA 01902

    $750,000

    • 4 Beds
    • 2.5 Baths
    • 2,166 Sq Ft
    • 6 Carlton St
    • Lynn, MA

    Don’t Miss This Stylish Two-Family Home!Nestled on a quiet street with scenic city/town views, this modern two-family offers the perfect blend of comfort and style. Enjoy warm summer evenings on your private deck. Basement includes a half bath and offers plenty of room for added living space, a home office, or the ultimate man cave. Property is being sold as is.Open House:Saturday: 11 AM – 1

    Blanca Reyes Esquilin eXp Realty

    Section Image
  • 347 Chestnut St, Lynn, MA 01902

    $800,000

    • 6 Beds
    • 2 Baths
    • 2,688 Sq Ft
    • 347 Chestnut St
    • Lynn, MA

    Welcome to 347 Chestnut St, a charming multi-family residence nestled in the vibrant city of Lynn, MA. This property offers a spacious living environment with a total of 2,688 square feet, encompassing an impressive layout, perfect for versatile living arrangements. With three generously sized bedrooms in each unit and well-appointed bathrooms, this home provides ample space for families or those

    Team Legacy Compass

    Section Image
  • 315-317 Chestnut St, Lynn, MA 01902

    $749,000

    • 6 Beds
    • 3 Baths
    • 2,208 Sq Ft
    • 315-317 Chestnut St
    • Lynn, MA

    Best & Final Tuesday May 13th @ 12 Noon. This move-in ready two-unit property is a rare find, offering an unbeatable combination of location, updates, and investment potential. Perfectly situated near Keaney Park, Lynn English High School, COMPARE Supermarket, popular restaurants, grocery stores, and gas stations — you’ll be living (or renting) in the heart of where everything is happening! ,

    Julio Carrera USA Realty LLC

    Section Image
  • 7 Prince St, Lynn, MA 01902

    $798,000

    • 5 Beds
    • 2 Baths
    • 2,174 Sq Ft
    • 7 Prince St
    • Lynn, MA

    Updated and spacious 2 family in Lynn. Tastefully remodeled with new appliances, new electric energy heat pumps, new kitchen cabinet and quartz countertops. Perfect for homeowners looking to offset cost of mortgage with rental income and savvy investors alike. Don't miss the opportunity to make this beauty your own!

    Corey Anderson Lamacchia Realty, Inc.

    Section Image
  • 199 Allen Ave, Lynn, MA 01902

    $549,900

    • 4 Beds
    • 3 Baths
    • 1,670 Sq Ft
    • 199 Allen Ave
    • Lynn, MA

    Attention Investors & Builders! Here’s your chance to customize this two-family property to your liking. Each floor offers 2 bedrooms and 1 full bath, with additional finished space in the basement that includes 2 bedrooms and a full bath, expanding the living space. This is not a bank-owned property and is being sold AS-IS, AS-SEEN. The seller and agent make no warranties or representations

    Patricia Nunez Redfin Corp.

    Section Image
  • 42 Valley Ave, Lynn, MA 01902

    $825,000

    • 6 Beds
    • 3 Baths
    • 2,388 Sq Ft
    • 42 Valley Ave
    • Lynn, MA

    Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be

    Jose Reyes Re-yes Real Estate

    Section Image
  • 450 Western Ave, Lynn, MA 01904

    $730,000

    • 6 Beds
    • 3 Baths
    • 2,269 Sq Ft
    • 450 Western Ave
    • Lynn, MA

    Fantastic opportunity to own a spacious 2-family home in the heart of Lynn, MA! With 6 bedrooms and 3 bathrooms total, this property is ideal for investors or owner-occupants. Just one mile to the commuter rail and steps to the 450 & 435 bus stops—commuting is easy. Unit 1 features 2 bedrooms, 1 bath, and a sleek, modern kitchen. Unit 2 spans two floors and offers 4 generous bedrooms, 2 baths, a

    Kayla Lyons RE/MAX Realty Experts

    Section Image
  • 156 Euclid Ave, Lynn, MA 01904

    $539,999

    • 4 Beds
    • 2 Baths
    • 2,366 Sq Ft
    • 156 Euclid Ave
    • Lynn, MA

    OFFER DEADLINE:Saturday 6/14 at 12PM Opportunity knocks at 156 Euclid Ave in Lynn! This 2-family home offers two spacious 2-bedroom, 1-bath units, each with separate utilities—a great setup for owner-occupants, investors, or multigenerational living. Just a short walk to Flax Pond, the location offers convenience and charm in one of Lynn’s established neighborhoods. The property presents

    Christopher Scheffler Unique Realty , LLC

    Section Image
  • 51 Sylvia St, Lynn, MA 01904

    $789,900

    • 4 Beds
    • 2 Baths
    • 2,680 Sq Ft
    • 51 Sylvia St
    • Lynn, MA

    Ward 1 excellent lakeside location, Close to flax pond. This home offers two large units and will be delivered vacant for new family. First floor features hardwood floors, open Living Room /Dining room Eat-in kitchen with laminate floor, Full bath with tile flooring, plus large bedroom, Second unit is 2 floors main level is the same layout as unit 1 with hardwood floors, open Living Room /Dining

    Rich Powers Toner Real Estate, LLC

    Section Image

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
Hatzis Realty Llc -- --
Hatzis Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capois Patricia K $688,353
Closed Gordils Francisco $687,321
Closed Cruz-Mejia Wander M $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $700,000 0.0% $394 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $700,000 +64.7% $394 / Sq Ft
12/21/2017 12/21/17 Sold $425,000 +1.2% $210 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $420,000 -- $208 / 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 $6,579 $635,043 $200,100 $434,943
2024 $6,141 $583,200 $180,600 $402,600
2023 $6,188 $555,000 $180,600 $374,400
2022 $6,149 $494,700 $147,700 $347,000
2021 $5,784 $443,900 $134,700 $309,200
2020 $5,096 $380,300 $105,200 $275,100
2019 $4,999 $349,600 $102,700 $246,900
2018 $4,431 $292,500 $99,200 $193,300
2017 $4,036 $258,700 $77,100 $181,600
2016 $3,645 $225,300 $65,000 $160,300
2015 -- $211,800 $69,700 $142,100
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: 73141382

MLS Property Information Network (MLS PIN)

APN: LYNN-000085-000487-000001