$300,000
SOLD JUL 2, 2014

53 Chatham St Unit A Lynn, MA 01902

East Lynn Neighborhood
8 Beds
4 Baths
3,388 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

20 Days on Market

About This Home

As of June 2017

INVESTORS, FLIPPERS! or for RENTAL INCOME. Great opportunity to own this 4-family than can be easily converted to a 5-family. Three units offer 4 rooms and 1 bedroom each; the fourth unit is similar but it has 2 extra bedrooms in the attic floor. Three of the units can be converted to two bedrooms each, to increase the rental income. Newer heating systems replaced in the last couple years but are not working or not connected. The units need some work but a high potential. No parking. Copper pipping is missing and only cash offers are accepted. Sold-As-Is.

Last Agent to Sell the Property

Frank Castillo

Castillon Realty Listed on: 05/13/2014

Last Buyer's Agent

Frank Castillo

Castillon Realty Listed on: 05/13/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Guzman-Esteban Clara S and Guzman-Matul Diego A
Bought by
Perez-Lopez Hermenegildo
Total Days on Market
20
Current Estimated Value
$1,089,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,423
Outstanding Balance
$773,875
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$273,135

Purchase Details

Closed on
Apr 13, 2018
Sold by
Argueta Jose
Bought by
Guzman-Esteban Clara S and Guzman-Matul Diego A

Purchase Details

Closed on
Oct 19, 2017
Sold by
Avm Investment Llc
Bought by
Argueta Jose

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 12, 2017
Sold by
Deutsche Bk Natl T Co
Bought by
Avm Investments Llc
Seller's Agent
Javier Bedoya
Century 21 Mario Real Estate
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Jan 17, 2017
Sold by
Chukwu Stanley
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Jun 15, 2001
Sold by
Cancinos Hilda and Cancinos Willi
Bought by
Chukwu Blessing and Chukwu Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Not Resolvable $860,000 None Available
Deed $654,000 --
Deed $654,000 --
Deed -- --
Deed -- --
Not Resolvable $386,949 --
Foreclosure Deed $419,000 --
Foreclosure Deed $419,000 --
Deed $276,000 --
Deed $276,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $844,423 FHA
Closed $844,423 FHA
Previous Owner $628,879 FHA
Previous Owner $50,000 No Value Available
Previous Owner $292,000 No Value Available
Previous Owner $220,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $595,000 -0.8% $84 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $599,900 +100.0% $85 / Sq Ft
07/02/2014 07/02/14 Sold $300,000 +0.3% $89 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $299,000 +20.8% $88 / Sq Ft
01/21/2014 01/21/14 Sold $247,500 -17.5% $73 / Sq Ft
12/22/2013 12/22/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $299,900 -- $89 / 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 $10,021 $967,300 $195,100 $772,200
2024 $9,999 $949,600 $186,600 $763,000
2023 $9,812 $880,000 $199,600 $680,400
2022 $9,388 $755,300 $147,600 $607,700
2021 $8,777 $673,600 $121,000 $552,600
2020 $8,467 $631,900 $124,400 $507,500
2019 $7,932 $554,700 $96,000 $458,700
2018 $6,749 $445,500 $107,900 $337,600
2017 $6,368 $408,200 $94,800 $313,400
2016 $5,789 $357,800 $79,100 $278,700
2015 $5,367 $320,400 $83,800 $236,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71680449

MLS Property Information Network (MLS PIN)

APN: LYNN-000094-000536-000042