NOT LISTED FOR SALE

50 Addison Ave Lynn, MA 01902

Victory Road Neighborhood

Estimated Value: $776,000 - $882,061

4 Beds
2 Baths
2,442 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $515,000 $211 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,391/month

27 Days on Market

About This Home

As of October 2017

This Solid 2-Family Home sits on a nice corner lot with 1-car garage & underground sprinklers. Each unit offers an eat-in-kitchen, 2 bedrooms, living room, formal dining room, beautiful wood floors, and in-unit laundry hook-ups. Large basement with good ceiling height, has both interior and exterior access ideal for extra storage or home office/gym. Each unit has separate utilities and gas heat.

Last Agent to Sell the Property

Pamela Jonah

Century 21 Tradition License #454006880 Listed on: 08/17/2017

Last Buyer's Agent

Melissa Dias Lopes

J. Barrett & Company

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,802

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Public School
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Wood, Tile
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: C95102
  • Main So: C95243
  • Estimated Sq Ft: 2442.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Covered Patio/Deck, Gutters, Professional Landscaping, Sprinkler System, Screens, Fenced Yard
  • Foundation: Fieldstone
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range, for Electric Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Lynn

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Aborn
  • Middle School: Eastern
  • High School: Lynn English

Lot Info

  • Zoning: R1
  • Acre: 0.09
  • Lot Size: 4050.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2019
Sold by
Uddin Mohammed
Bought by
Rahaman Muhammad L and Rahaman Shermin Sk
Current Estimated Value
$840,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Outstanding Balance
$361,882
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$485,994

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 27, 2017
Sold by
Jonah David M and Jonah Pamela A
Bought by
Rahaman Muhammad L and Shermin Sk E
Seller's Agent
Pamela Jonah
Century 21 Tradition
Buyer's Agent
Melissa Dias Lopes
J. Barrett & Company
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$385,500
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2014
Sold by
Discipio Eugenio E and Torto-Disipio Debra A
Bought by
Johnah David M and Jonah Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
Torto-Discipio Debra
Bought by
Discipio Eugenio E and Torto-Discipio Debra A

Purchase Details

Closed on
Nov 24, 2004
Sold by
Torto Lena
Bought by
Torto-Discipio Debra
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
Rahaman Muhammad L -- --
Rahaman Muhammad L -- --
Rahaman Muhammad L $514,000 --
Johnah David M $365,000 --
Discipio Eugenio E -- --
Discipio Eugenio E -- --
Torto-Discipio Debra -- --
Torto-Discipio Debra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahaman Muhammad L $409,000
Closed Rahaman Muhammad L $409,000
Previous Owner Rahaman Muhammad L $385,500
Previous Owner Johnah David M $273,750
Previous Owner Torto-Discipio Debra $222,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $515,000 -0.8% $211 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $519,000 0.0% $213 / Sq Ft
12/23/2015 12/23/15 Rented $1,650 0.0% --
12/22/2015 12/22/15 Under Contract -- -- --
12/14/2015 12/14/15 For Rent $1,650 -- --
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 $8,802 $849,657 $199,600 $650,057
2024 $8,312 $789,400 $187,700 $601,700
2023 $8,309 $745,200 $185,100 $560,100
2022 $8,322 $669,500 $149,000 $520,500
2021 $7,696 $590,600 $126,000 $464,600
2020 $7,189 $536,500 $123,000 $413,500
2019 $6,961 $486,800 $114,900 $371,900
2018 $6,646 $438,700 $123,900 $314,800
2017 $6,178 $396,000 $102,200 $293,800
2016 $5,870 $362,800 $102,600 $260,200
2015 $5,600 $334,300 $102,600 $231,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Pamela Jonah

    Century 21 Tradition

  • Melissa Dias Lopes

    Buyer's Agent in 2017

    Melissa Dias Lopes

    J. Barrett & Company

    (978) 822-4228

    6 Total Sales

    Melissa Dias Lopes
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72215359

MLS Property Information Network (MLS PIN)

APN: LYNN-000097-000406-000016

Massachusetts Essex County Lynn 01902 Victory Road

50 Addison Ave, Lynn, MA

This home is located at 50 Addison Ave, Lynn, MA 01902 since 17 August 2017 and is currently estimated at $840,765, approximately $344 per square foot. This property was built in 1910. 50 Addison Ave is a home located in Essex County with nearby schools including Hood Elementary School, William R. Fallon School, and Marshall Middle School.

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