47-49 Michigan Ave Lynn, MA 01902
Diamond District Neighborhood
4
Beds
3
Baths
2,482
Sq Ft
4,905
Sq Ft Lot
Highlights
- Waterfront
- Property is near public transit
- 2 Fireplaces
- Landscaped Professionally
- Wood Flooring
- 3-minute walk to Kiley Playground
About This Home
As of July 2025Welcome home to 47-49 Michigan Ave, a charming Colonial-style two-family home nestled in Lynn’s desirable ocean area. Offering 2,482 sq. ft. of living space, each unit features two spacious bedrooms, a full bathroom, and a cozy fireplace, perfect for added warmth and ambiance. The property includes a detached one-car garage with loft storage, providing ample room for storage or a potential workspace. Enjoy the fenced-in backyard, ideal for outdoor gatherings and relaxation. A partially finished basement offers additional versatility to suit your needs. Conveniently located near beaches, parks, and public transportation, this home is a fantastic opportunity for both homeowners and investors. Don’t miss out—schedule a showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,667
Year Built
- Built in 1930
Lot Details
- 4,905 Sq Ft Lot
- Waterfront
- Landscaped Professionally
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Tar and Gravel Roof
- Rubber Roof
Interior Spaces
- 2,482 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Flooring
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 1 Cooling Zone
- 2 Heating Zones
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number M:103 B:547 L:013,2001011
Community Details
Recreation
- Park
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Jul 14, 2025
Sold by
Ferguson Maureen
Bought by
Perez Gomez Amilcar M and Perez Gomez Veronica
Seller's Agent
William & Veroni Real Estate Team
eXp Realty
Buyer's Agent
Bettina Oliva
United Brokers
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.61%
Original Mortgage
$811,965
Outstanding Balance
$811,965
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$23,455
Purchase Details
Closed on
Nov 27, 1996
Sold by
Demore Frank J
Bought by
Ferguson Maureen
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $840,000 | -- | |
| Deed | $145,000 | -- | |
| Deed | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $811,965 | FHA | |
| Previous Owner | $149,350 | No Value Available | |
| Previous Owner | $15,875 | No Value Available | |
| Previous Owner | $27,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $840,000 | -1.2% | $338 / Sq Ft |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $850,000 | -- | $342 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,667 | $740,087 | $204,600 | $535,487 |
| 2024 | $7,256 | $689,100 | $192,400 | $496,700 |
| 2023 | $7,274 | $652,400 | $189,800 | $462,600 |
| 2022 | $7,245 | $582,900 | $152,700 | $430,200 |
| 2021 | $6,692 | $513,600 | $129,100 | $384,500 |
| 2020 | $6,290 | $469,400 | $126,100 | $343,300 |
| 2019 | $6,108 | $427,100 | $117,800 | $309,300 |
| 2018 | $5,902 | $389,600 | $127,000 | $262,600 |
| 2017 | $5,490 | $351,900 | $104,700 | $247,200 |
| 2016 | $5,257 | $324,900 | $105,100 | $219,800 |
| 2015 | $5,050 | $301,500 | $105,100 | $196,400 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2025
William & Veroni Real Estate Team
eXp Realty
(781) 420-5391
1 in this area
152 Total Sales
-
Seller Co-Listing Agent in 2025
Veronica Lujan
eXp Realty
(617) 842-2088
1 in this area
15 Total Sales
-
Seller Co-Listing Agent in 2025
William Vaquerano
eXp Realty
(781) 420-5391
1 in this area
15 Total Sales
-
Buyer's Agent in 2025
Bettina Oliva
United Brokers
(617) 816-5229
1 in this area
56 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73357558
APN: LYNN-000103-000547-000013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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