A
Seller's Agent in 2016
Arthur Shannon
Century 21 North East
47 Hamilton Ave Lynn, MA 01902
Highlands NeighborhoodEstimated Value: $909,683 - $1,028,000
11
Beds
4
Baths
4,291
Sq Ft
$226/Sq Ft
Est. Value
About This Home
As of May 2016Grand Mansard Colonial. Spectacular 3 family featuring 11 bedrooms. Each unit has its own laundry area and a dishwasher. First floor unit has its own porch. TURN KEY INVESTMENT PROPERTY. Total renovation of $150,000 by current owner in 2008. LEAD CERTS are available for all units. SEPARATE UTILITIES. Some interior photos were taken after renovation in 2008. All units are in excellent condition currently. The complete exterior of the building has been painted. Gross income $54,000.00. Rents are currently below market. Fully tenanted and all wishing to remain long term. Great Commuter Location.
Last Agent to Sell the Property
Arthur Shannon
Century 21 North East License #454004227 Listed on: 07/20/2015
Property Details
Home Type
Multi-Family
Year Built
1909
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Level
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Certified Treated
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 2
- Year Built: 1909
Interior Features
- Has Basement: Yes
- Number of Rooms: 17
- Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station
- Electric: Circuit Breakers
- Flooring: Hardwood
- Basement: Full, Walk Out, Interior Access
- Total Levels: 2
Exterior Features
- Roof: Asphalt/Fiberglass Shingles, Slate
- Construction: Frame
- Exterior: Asbestos
- Exterior Features: Porch
- Foundation: Fieldstone
- Beach: Ocean
- Beach Ownership: Public
Garage/Parking
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 6
Utilities
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Zoning: R4
Multi Family
- APOD Available: Yes
- Foundation: TBD
- Heat Units: 3
- Total Bedrooms: 11
- Total Floors: 3
- Total Full Baths: 3
- Total Half Baths: 1
- Total Levels: 3
- Total Rms: 17
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2015
Closed on
May 31, 2016
Sold by
Manzanillo Robert
Bought by
Pineda Santos J and Depaz Anamin T
Seller's Agent
Arthur Shannon
Century 21 North East
Buyer's Agent
Salustia Ortiz
Dreamcatcher Investment Group, Inc.
List Price
$575,000
Sold Price
$495,000
Premium/Discount to List
-$80,000
-13.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,421
Avg. Annual Appreciation
7.19%
Original Mortgage
$486,034
Outstanding Balance
$387,009
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$581,412
Purchase Details
Closed on
May 15, 2008
Sold by
Aurora Loan Svcs Llc
Bought by
Manzanillo Roberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,300
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2008
Sold by
Portillo-Maldonado Olga L and Portillo-Murcia Juan C
Bought by
Aurora Loan Svcs Llc
Purchase Details
Closed on
Jun 7, 1995
Sold by
Brewster Janet A
Bought by
Pension John S and Pension Nina L
Purchase Details
Closed on
Dec 1, 1993
Sold by
Fhlmc
Bought by
Brewster Janet A
Purchase Details
Closed on
Jan 25, 1993
Sold by
Silverman Peter E and Federal Home Loan Mortgage Cor
Bought by
Fhlmc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pineda Santos J | $495,000 | -- | |
| Manzanillo Roberto | $290,000 | -- | |
| Aurora Loan Svcs Llc | $269,500 | -- | |
| Manzanillo Roberto | $290,000 | -- | |
| Aurora Loan Svcs Llc | $269,500 | -- | |
| Aurora Loan Svcs Llc | $269,500 | -- | |
| Pension John S | $85,000 | -- | |
| Pension John S | $85,000 | -- | |
| Brewster Janet A | $25,000 | -- | |
| Brewster Janet A | $25,000 | -- | |
| Fhlmc | $47,000 | -- | |
| Fhlmc | $47,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pineda Santos J | $486,034 | |
| Closed | Pineda Santos J | $486,034 | |
| Previous Owner | Fhlmc | $49,300 | |
| Previous Owner | Fhlmc | $232,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2016 05/31/16 | Sold | $495,000 | -10.0% | $115 / Sq Ft |
| 12/29/2015 12/29/15 | Pending | -- | -- | -- |
| 11/02/2015 11/02/15 | Price Changed | $550,000 | -4.3% | $128 / Sq Ft |
| 07/20/2015 07/20/15 | For Sale | $575,000 | -- | $134 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $10,067 | $971,700 | $195,200 | $776,500 |
| 2024 | $10,067 | $956,000 | $188,200 | $767,800 |
| 2023 | $9,276 | $831,900 | $148,300 | $683,600 |
| 2022 | $9,240 | $743,400 | $134,000 | $609,400 |
| 2021 | $8,793 | $674,800 | $118,800 | $556,000 |
| 2020 | $8,333 | $621,900 | $111,900 | $510,000 |
| 2019 | $7,934 | $554,800 | $94,500 | $460,300 |
| 2018 | $7,304 | $482,100 | $93,700 | $388,400 |
| 2017 | $6,989 | $448,000 | $82,400 | $365,600 |
| 2016 | $5,962 | $368,500 | $62,000 | $306,500 |
| 2015 | $5,343 | $319,000 | $59,000 | $260,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Salustia Ortiz
S
Buyer's Agent in 2016
Salustia Ortiz
Dreamcatcher Investment Group, Inc.
(508) 369-6462
2 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71876207
APN: LYNN-000070-000656-000011
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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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