$400,000
SOLD FEB 4, 2016
9 Beds
3 Baths
4,326 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

5% Below List Price

8 Days on Market

About This Home

As of May 2018

Rare find 6/3/3/3 in central Lynn. Investors and First time home buyers this is your chance to own an income generating property in good condition in the heart of Lynn. Close to schools shopping, Commuter Rail and MBTA bus line. 3 Off street parking spaces.

Last Agent to Sell the Property

Sam Kiwanuka

Cameron Real Estate Group Listed on: 08/14/2015

Cameron Real Estate Group

Last Buyer's Agent

Sean Connelly

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,766

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Public School, T-Station
  • Electric: 110 Volts, Circuit Breakers, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl
  • Basement: Full, Interior Access, Concrete Floor
  • Total Levels: 3

Exterior Features

  • Roof: Rubber
  • Construction: Stone/Concrete
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:069 B:656 L:002
  • Zoning: R2

Multi Family

  • Heating Common: Gas
  • Heat Units: 3
  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Feb 4, 2016
Sold by
Bbosa Mary
Bought by
Ramirez Carlos A
Seller's Agent
Sam Kiwanuka
Cameron Real Estate Group
Buyer's Agent
Sean Connelly
William Raveis R.E. & Home Services
List Price
$419,000
Sold Price
$400,000
Premium/Discount to List
-$19,000
-4.53%
Current Estimated Value
$992,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,992
Avg. Annual Appreciation
10.02%
Original Mortgage
$380,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Rashad Alex R
Bought by
Bbosa Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2006
Sold by
Haley Abela G and Deutsche Bank Natl T C
Bought by
Rashad Alex R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1999
Sold by
Neves Louis F
Bought by
Haley Jimmie and Haley Abela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,550
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed -- --
Land Court Massachusetts $390,000 --
Land Court Massachusetts $390,000 --
Foreclosure Deed $288,000 --
Foreclosure Deed $288,000 --
Land Court Massachusetts $143,000 --
Land Court Massachusetts $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,132 FHA
Closed $380,000 New Conventional
Previous Owner $312,000 Purchase Money Mortgage
Previous Owner $78,000 No Value Available
Previous Owner $238,818 Purchase Money Mortgage
Previous Owner $247,500 No Value Available
Previous Owner $201,000 No Value Available
Previous Owner $162,500 No Value Available
Previous Owner $121,550 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $600,000 +2.6% $139 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/03/2018 02/03/18 For Sale $585,000 0.0% $135 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $585,000 +46.3% $135 / Sq Ft
02/04/2016 02/04/16 Sold $400,000 -4.5% $92 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $419,000 -- $97 / 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 $8,766 $846,100 $175,000 $671,100
2024 $8,763 $832,200 $168,700 $663,500
2023 $8,069 $723,700 $133,000 $590,700
2022 $8,038 $646,700 $120,100 $526,600
2021 $7,616 $584,500 $106,500 $478,000
2020 $7,215 $538,400 $100,300 $438,100
2019 $6,864 $480,000 $84,800 $395,200
2018 $6,316 $416,900 $84,000 $332,900
2017 $6,040 $387,200 $73,900 $313,300
2016 $5,406 $334,100 $55,600 $278,500
2015 $4,841 $289,000 $52,900 $236,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71889773

MLS Property Information Network (MLS PIN)

APN: LYNN-000069-000656-000002