NOT LISTED FOR SALE

50 Pennybrook Rd Lynn, MA 01905

Upper Walnut Street Neighborhood

Estimated Value: $554,000 - $687,000

4 Beds
2 Baths
1,865 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $480,000 $257 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,655/month

About This Home

WOW!! A Colonial Home in Lynn UNDER $500,000!! This 4 Bedroom home is filled with potential at every turn. TLC & renovations are needed. Contractors & homeowners who are ready to build instant equity, here is incredible opportunity to put your personal touches on this house and live in a highly desirable neighborhood. Classic New England Colonial with large rooms - front facing living room opens into dining room. Large “eat-in” kitchen & 1/2 bath. The 2nd level has 3 bedrooms & Full Bathroom. BONUS semi-finished 3rd floor with plumbing is ready for your ideas (Bedroom Suite, playroom, huge office, etc) Hardwood floors & period details. Prime location for commuting, nature areas & within short walking distance to schools. There are so many possibilities to turn this home into a buyer's dream! Home is being sold “AS IS” “WHERE IS”, Buyer to perform their own due diligence. Showings start at Group Showings: Weds 3/1 11:30 AM - 12:30 PM, & Weds 3/1 4:00 - 5:50 PM.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 7, 2023
Sold by
Morrissey Ruth Est and Rubbico
Bought by
Meijnders Karen and Pineda Angel M
Seller's Agent
Paul Santucci
True North Realty
Buyer's Agent
Kelly Morales
eXp Realty
List Price
$479,000
Sold Price
$480,000
Premium/Discount to List
$1,000
0.21%
Views
188
Current Estimated Value
$610,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,991
Avg. Annual Appreciation
9.46%
Original Mortgage
$441,600
Outstanding Balance
$428,164
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,827
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Meijnders Karen $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meijnders Karen $441,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $480,000 +0.2% $257 / Sq Ft View Prior Sale
03/06/2023 03/06/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $479,000 -- $257 / Sq Ft

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 $5,403 $521,500 $187,000 $334,500
2024 $5,159 $489,900 $185,800 $304,100
2023 $4,650 $417,000 $171,500 $245,500
2022 $4,781 $384,600 $154,300 $230,300
2021 $4,555 $349,600 $143,700 $205,900
2020 $4,326 $322,800 $127,800 $195,000
2019 $4,267 $298,400 $131,500 $166,900
2018 $4,078 $269,200 $122,900 $146,300
2017 $3,884 $249,000 $106,600 $142,400
2016 $3,736 $230,900 $100,800 $130,100
2015 $3,568 $213,000 $99,600 $113,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Paul Santucci

    True North Realty

    (617) 694-0004

    1 in this area

    37 Total Sales

    Paul Santucci
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Morales

    eXp Realty

    (781) 656-2026

    1 in this area

    27 Total Sales

    Kelly Morales
    Section Image
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Map

Massachusetts Essex County Lynn 01905 Upper Walnut Street

50 Pennybrook Rd, Lynn, MA

Not Listed for Sale

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