$440,750
SOLD MAR 4, 2025
6 Beds
3 Baths
3,822 Sq Ft
8,146 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

2% Above List Price

32 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Window Unit Cooling System
  • Deck
  • Porch
  • 2-minute walk to Dana Park

About This Home

As of March 2025

Exceptional Investment opportunity! This three-family offers great potential for rental income or owner-occupancy. Each unit has a roomy layout with 2 bedrooms each, a large kitchen and a spacious living room, plus access to a private covered porch. There is also a one car garage and off street parking. Whether you are a seasoned investor or just starting, this property is full of possibilities. Don't miss out!! Schedule today.

Last Agent to Sell the Property

Claire Kenna

Coldwell Banker Realty - Western MA Listed on: 11/07/2024

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Jesse Freire

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,386

Year Built

  • Built in 1920

Parking

  • 1 Car Garage
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,822 Sq Ft Home
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $3,075
  • Assessor Parcel Number 2495663

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Water Sewer Expense $3,224
  • Operating Expense $3,224
  • Net Operating Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,386

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1920
  • Levels: 6
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3822
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3224

Lot Info

  • Parcel Number: 2495663
  • Zoning: 2
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 0.19
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5386

Multi Family

  • Net Operating Income: 36900
  • Number Of Units Total: 3
  • Operating Expense: 3224
  • Total Actual Rent: 3075
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Mar 4, 2025
Sold by
Arcott Robert J
Bought by
Mota Jaime R and Mota Rozineide V
Seller's Agent
Claire Kenna
Coldwell Banker Realty - Western MA
Buyer's Agent
Jesse Freire
Coldwell Banker Realty - Lynnfield
List Price
$430,000
Sold Price
$440,750
Premium/Discount to List
$10,750
2.5%
Views
43
Current Estimated Value
$452,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,070
Avg. Annual Appreciation
3.35%
Original Mortgage
$430,524
Outstanding Balance
$427,780
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$25,040

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 14, 2021
Sold by
Ledoux Jeffrey A and Ledoux Rachel L
Bought by
Arcott Robert A and Arcott Jeanne M
Seller's Agent
Kathy Morin-Paul
Kathy M. Paul Real Estate
Buyer's Agent
Jeff Brochu
Brochu Real Estate
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$260,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2002
Sold by
Mastroianni Alice M and Facchini Alice Bertha
Bought by
Ledoux Jeffrey A and Ledoux Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,955
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Warranty Deed $440,750 None Available
Warranty Deed $440,750 None Available
Warranty Deed $330,000 None Available
Warranty Deed $330,000 None Available
Deed $131,000 --
Deed $131,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,524 FHA
Closed $430,524 FHA
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $128,955 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2025 03/04/25 Sold $440,750 +2.5% $115 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $430,000 +30.3% $113 / Sq Ft
04/15/2021 04/15/21 Sold $330,000 -2.9% $87 / Sq Ft View Prior Sale
02/13/2021 02/13/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $339,900 -- $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 $5,806 $383,000 $91,800 $291,200
2024 $5,386 $364,900 $90,000 $274,900
2023 $4,980 $328,700 $81,800 $246,900
2022 $4,925 $289,900 $71,100 $218,800
2021 $4,663 $264,800 $64,700 $200,100
2020 $4,356 $249,500 $64,700 $184,800
2019 $4,314 $240,200 $64,700 $175,500
2018 $4,213 $230,100 $61,600 $168,500
2017 $4,064 $234,800 $61,500 $173,300
2016 $3,418 $202,100 $61,500 $140,600
2015 $3,501 $199,600 $61,500 $138,100
2014 $1,750 $199,600 $61,500 $138,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73310514

MLS Property Information Network (MLS PIN)

APN: CHIC-000022-000000-000042