NOT LISTED FOR SALE

5-7 Rhodes Ave Lynn, MA 01904

Pine Hill Neighborhood

Estimated Value: $830,000 - $1,102,000

6 Beds
3 Baths
3,768 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $552,000 $146 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,014/month

8 Days on Market

About This Home

As of August 2017

Will not last!! Must see this 3 family with updates to kitchens and bathrooms plus hardwood floors in each unit. Front and back porch for the units. 1st and 2nd floor units have gas heat. All kitchen appliances are staying with the property. Coin op laundry downstairs. Basement has new boilers, lots of storage for each unit. All utilities are separate with separate meters. Public Schools, highway and beach are close by. This building has been well kept. Below Market rents!

Last Agent to Sell the Property

Ernest Partin

M. Celata Real Estate Listed on: 05/08/2017

Last Buyer's Agent

Ernest Partin

M. Celata Real Estate Listed on: 05/08/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,793

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Public School
  • Electric: 100 Amps
  • Flooring: Wood
  • Basement: Full, Concrete Floor, Unfinished Basement
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: BB7126
  • Main So: BB7126
  • Estimated Sq Ft: 3768.00

Exterior Features

  • Exterior Features: Porch
  • Foundation: Concrete Block
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Hot Water: Oil, Propane Gas
  • Utility Connections: for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: res
  • Acre: 0.06
  • Lot Size: 2613.00

Multi Family

  • Appliances Common: Washer
  • Interior Features Common: Balcony/Deck, Hardwood Floors, Upgraded Cabinets
  • Common Room: Living Room, Dining Room
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 2800
  • Multi Family Type: 3 Family - 3 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Aug 11, 2017
Sold by
5 Rhodes Ave Nt
Bought by
Andoh Joyce
Seller's Agent
Ernest Partin
M. Celata Real Estate
Buyer's Agent
Ernest Partin
M. Celata Real Estate
List Price
$549,000
Sold Price
$552,000
Premium/Discount to List
$3,000
0.55%
Current Estimated Value
$956,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,229
Avg. Annual Appreciation
7.63%
Original Mortgage
$414,000
Outstanding Balance
$348,830
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$640,065

Purchase Details

Closed on
Aug 19, 2005
Sold by
5 Rhodes Ave Nt
Bought by
Andoh Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,790
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1994
Sold by
Ge Capital Asset Mgmt
Bought by
Contrada Joseph
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Andoh Joyce -- --
Andoh Joyce $452,000 --
Contrada Joseph $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghiorgis Habtom $414,000
Previous Owner Contrada Joseph $420,629
Previous Owner Contrada Joseph $20,000
Previous Owner Contrada Joseph $435,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $552,000 +0.5% $146 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $549,000 -- $146 / 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 $8,793 $848,700 $181,000 $667,700
2024 $8,741 $830,100 $170,100 $660,000
2023 $8,399 $753,300 $164,800 $588,500
2022 $8,430 $678,200 $152,700 $525,500
2021 $8,136 $624,400 $146,600 $477,800
2020 $7,610 $567,900 $129,200 $438,700
2019 $7,181 $502,200 $105,700 $396,500
2018 $5,855 $386,500 $87,900 $298,600
2017 $5,614 $359,900 $74,500 $285,400
2016 $5,189 $320,700 $66,400 $254,300
2015 $4,665 $278,500 $62,000 $216,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Ernest Partin

    M. Celata Real Estate

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72160304

MLS Property Information Network (MLS PIN)

APN: LYNN-000054-000208-000048

Massachusetts Essex County Lynn 01904 Pine Hill

5-7 Rhodes Ave, Lynn, MA

This home is located at 5-7 Rhodes Ave, Lynn, MA 01904 since 08 May 2017 and is currently estimated at $956,229, approximately $253 per square foot. This property was built in 1910. 5-7 Rhodes Ave is a home located in Essex County with nearby schools including Tracy Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

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.

MLS Property Information Network (MLS PIN) 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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