NOT LISTED FOR SALE

Estimated Value: $821,000 - $968,000

6 Beds
3 Baths
3,593 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $325,000 $90 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $5,307/month

About This Home

As of August 2016

This home is located at 507 Summer St, Lynn, MA 01905 since 04 August 2016 and is currently estimated at $874,378, approximately $243 per square foot. This property was built in 1910. 507 Summer St is a home located in Essex County with nearby schools including Drewicz Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

Last Agent to Sell the Property

Bridges Valdez

United Brokers License #449520702 Listed on: 08/04/2016

Last Buyer's Agent

Bridges Valdez

United Brokers License #449520702 Listed on: 08/04/2016

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Electric: 220 Volts, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Hardwood
  • Basement: Full
  • Total Levels: 2

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:037 B:768 L:020
  • Zoning: R4

Multi Family

  • Foundation: 000
  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 14
  • Total Rent_1: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Aug 24, 2016
Sold by
Correa Victoria
Bought by
Acuna Santa G
Seller's Agent
Bridges Valdez
United Brokers
Buyer's Agent
Bridges Valdez
United Brokers
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$874,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,378
Avg. Annual Appreciation
11.07%
Original Mortgage
$319,113
Outstanding Balance
$256,811
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$617,567

Purchase Details

Closed on
Dec 7, 2006
Sold by
Delos-Santos Ruben
Bought by
Correa Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2004
Sold by
Almanzar Maria
Bought by
Delos-Santos Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,800
Interest Rate
5.94%

Purchase Details

Closed on
Dec 9, 2002
Sold by
Long Bunthoen and Long Vimoul
Bought by
Almanzar Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1995
Sold by
Falasca Daniel
Bought by
Long Bunthoen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Acuna Santa G $325,000 --
Correa Victoria -- --
Correa Victoria $440,000 --
Delos-Santos Ruben $379,000 --
Delos-Santos Ruben $379,000 --
Almanzar Maria $320,000 --
Long Bunthoen $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acuna Santa G $319,113
Previous Owner Correa Victoria $352,000
Previous Owner Correa Victoria $88,000
Previous Owner Delos-Santos Ruben $75,800
Previous Owner Delos-Santos Ruben $303,200
Previous Owner Almanzar Maria $304,000
Previous Owner Correa Victoria $34,500
Previous Owner Long Bunthoen $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $325,000 0.0% $90 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $325,000 -- $90 / 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 $9,206 $888,623 $207,900 $680,723
2024 $8,637 $820,200 $191,000 $629,200
2023 $8,413 $754,500 $170,200 $584,300
2022 $8,711 $700,800 $159,900 $540,900
2021 $7,982 $612,600 $131,900 $480,700
2020 $7,190 $536,600 $110,200 $426,400
2019 $6,810 $476,200 $94,600 $381,600
2018 $6,416 $423,500 $103,500 $320,000
2017 $6,115 $392,000 $91,500 $300,500
2016 $5,678 $350,900 $86,600 $264,300
2015 $5,162 $308,200 $74,600 $233,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72048645

MLS Property Information Network (MLS PIN)

APN: LYNN-000037-000768-000020