Seller's Agent in 2021
Philip Terban
Century 21 North East
(781) 864-4414
1 in this area
29 Total Sales
502 Chatham St Lynn, MA 01902
Lynn English NeighborhoodEstimated Value: $672,614 - $782,000
4
Beds
2
Baths
2,212
Sq Ft
$324/Sq Ft
Est. Value
About This Home
As of November 2021Attractive 2 family home is perfect for owner occupant, and investor alike. Great location; on the bus-line to Boston, short drive to the ocean, and schools and shopping nearby.. The home consists of 2 big apartments having Harvey windows! recent roof, gas utilities and formal dining rooms. The attic, while not completely finished, is spacious with high ceilings and has electric outlets (potential to add more bedrooms or add an additional unit?). Lynn English High School is .04 miles away, Salem Hospital is 8 minutes away by car, commuter rail stattion is 7 minutes by car. Solar panels power the second and third floor,.
Property Details
Home Type
- Multi-Family
Year Built
- 1930
Lot Details
- 2,178
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2022
Sold by
Guate Properties Llc
Bought by
Bamaca-Chilel Sergio J and Macario Griselda M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Outstanding Balance
$535,106
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$181,548
Purchase Details
Listed on
Jul 1, 2021
Closed on
Nov 1, 2021
Sold by
Gilbert Cecil A and Gilbert Etta N
Bought by
Guate Properties Llc
Seller's Agent
Philip Terban
Century 21 North East
Buyer's Agent
Salvatore Lobrutto
Salvatore Lo Brutto
Sold Price
$570,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$541,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 5, 1999
Sold by
Bankers Trust Co Calif
Bought by
Gilbert Cecil A and Gilbert Etta N
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bamaca-Chilel Sergio J | -- | None Available | |
| Bamaca-Chilel Sergio J | -- | None Available | |
| Bamaca-Chilel Sergio J | -- | None Available | |
| Bamaca-Chilel Sergio J | -- | None Available | |
| Guate Properties Llc | $570,000 | None Available | |
| Guate Properties Llc | $570,000 | None Available | |
| Gilbert Cecil A | $95,000 | -- | |
| Gilbert Cecil A | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bamaca-Chilel Sergio J | $573,750 | |
| Closed | Bamaca-Chilel Sergio J | $573,750 | |
| Previous Owner | Guate Properties Llc | $541,500 | |
| Previous Owner | Gilbert Cecil A | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2021 11/01/21 | Sold | $570,000 | -9.5% | $258 / Sq Ft |
| 10/23/2021 10/23/21 | For Sale | -- | -- | -- |
| 09/24/2021 09/24/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | For Sale | -- | -- | -- |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- |
| 06/30/2021 06/30/21 | For Sale | $629,916 | -- | $285 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,623 | $639,280 | $186,700 | $452,580 |
| 2024 | $6,281 | $596,500 | $177,800 | $418,700 |
| 2023 | $6,272 | $562,500 | $173,300 | $389,200 |
| 2022 | $6,568 | $528,400 | $144,600 | $383,800 |
| 2021 | $6,077 | $466,400 | $124,700 | $341,700 |
| 2020 | $5,649 | $421,600 | $117,800 | $303,800 |
| 2019 | $5,471 | $382,600 | $110,100 | $272,500 |
| 2018 | $4,631 | $305,700 | $107,300 | $198,400 |
| 2017 | $4,295 | $275,300 | $94,800 | $180,500 |
| 2016 | $3,933 | $243,100 | $83,800 | $159,300 |
| 2015 | $3,641 | $217,400 | $76,100 | $141,300 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Terban
-
Salvatore Lobrutto
Buyer's Agent in 2021
Salvatore Lobrutto
Salvatore Lo Brutto
(781) 775-3853
1 in this area
21 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72859214
APN: LYNN-000086-000494-000005
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