Seller's Agent in 2025
Julio Carrera
USA Realty LLC
(617) 515-9933
4 in this area
65 Total Sales
48 Hamilton Ave Lynn, MA 01902
Highlands Neighborhood
8
Beds
3
Baths
3,822
Sq Ft
3,200
Sq Ft Lot
About This Home
As of February 2025Offer has been accepted. Amazing opportunity for a quick sweat equity project. This large Three unit property is priced according to the work needed to bring it back to it's golden day. The property offers high ceilings, large units currently being used as 3 bedroom and a central location close to all City amenities. Earliest closing date is December 31st.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,435
Year Built
- Built in 1900
Lot Details
- 3,200 Sq Ft Lot
- Corner Lot
Home Design
- 3,822 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Additional Features
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $19,998
- Assessor Parcel Number M:070 B:655 L:013,2003982
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $239,976
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2024
Closed on
Feb 26, 2025
Sold by
Maldonado Ronald and Maldonado Tulio A
Bought by
Mejia Karina and Mejia Libardo A
Seller's Agent
Julio Carrera
USA Realty LLC
Buyer's Agent
The Legacy Group
EVO Real Estate Group, LLC
List Price
$798,999
Sold Price
$855,000
Premium/Discount to List
$56,001
7.01%
Views
34
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
$19,916
Avg. Annual Appreciation
3.20%
Original Mortgage
$769,500
Outstanding Balance
$764,228
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$110,688
Purchase Details
Closed on
Jan 10, 2003
Sold by
Parker Richard D
Bought by
Maldonado Tulio A and Maldonado Ronald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Quit Claim Deed | $855,000 | None Available | |
| Quit Claim Deed | $855,000 | None Available | |
| Quit Claim Deed | $855,000 | None Available | |
| Deed | $340,000 | -- | |
| Deed | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $769,500 | Purchase Money Mortgage | |
| Closed | $769,500 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $324,750 | No Value Available | |
| Previous Owner | $323,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Sold | $855,000 | +7.0% | $224 / Sq Ft |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $798,999 | -- | $209 / 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 | $9,439 | $911,100 | $186,800 | $724,300 |
| 2024 | $9,435 | $896,000 | $180,100 | $715,900 |
| 2023 | $8,689 | $779,300 | $141,900 | $637,400 |
| 2022 | $8,659 | $696,600 | $128,200 | $568,400 |
| 2021 | $8,206 | $629,800 | $113,700 | $516,100 |
| 2020 | $7,775 | $580,200 | $107,100 | $473,100 |
| 2019 | $7,399 | $517,400 | $90,500 | $426,900 |
| 2018 | $6,808 | $449,400 | $89,600 | $359,800 |
| 2017 | $6,515 | $417,600 | $78,900 | $338,700 |
| 2016 | $5,831 | $360,400 | $59,300 | $301,100 |
| 2015 | $5,224 | $311,900 | $56,400 | $255,500 |
Source: Public Records
Agents Affiliated with this Home
-
Julio Carrera
-
The Legacy Group
T
Buyer's Agent in 2025
The Legacy Group
EVO Real Estate Group, LLC
(617) 888-1217
1 in this area
56 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73309814
APN: LYNN-000070-000655-000013
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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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