NOT LISTED FOR SALE

531 Chatham St Unit 531A Lynn, MA 01904

Chatham Street Neighborhood

Estimated Value: $646,598 - $832,000

4 Beds
2 Baths
1,290 Sq Ft
$577/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $410,000 $318 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,565/month

15 Days on Market

About This Home

As of July 2017

***Offer deadline Tuesday May 23rd at 3pm*** Pride of ownership is displayed in this two family home that has been updated & well maintained. New windows, new hardwood floors, updated electric and plumbing, the roof is 7 years old, new front and back porches, newer heating systems. Located on a quiet street the home features an oversized landscaped backyard. parking for 6 cars. First showings will be at the open house this Saturday and Sunday, May 20-21st from 12-1:30 pm. This house will not last.

Last Agent to Sell the Property

Veronica Lujan

eXp Realty Listed on: 05/11/2017

eXp Realty

Last Buyer's Agent

Albeiro Lopera

United Brokers

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,533

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: BB5153
  • Main So: BB9067
  • Estimated Sq Ft: 1290.00

Exterior Features

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

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:086 B:163 L:070
  • Zoning: R2
  • Acre: 0.11
  • Lot Size: 4731.00

Multi Family

  • Common Room: Laundry
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Jul 14, 2017
Sold by
Deleon-Escobar Gonzalo
Bought by
Ardon Jose and Guevara Olga L
Seller's Agent
Veronica Lujan
eXp Realty
Buyer's Agent
Albeiro Lopera
United Brokers
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%
Current Estimated Value
$738,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,062
Avg. Annual Appreciation
7.18%
Original Mortgage
$348,500
Outstanding Balance
$292,027
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$426,794

Purchase Details

Listed on
Apr 24, 2016
Closed on
Jun 24, 2016
Sold by
Little William M
Bought by
Deleon-Escobar Gonzalo
Seller's Agent
Mabel Hardy
RE/MAX 360
Buyer's Agent
Veronica Lujan
eXp Realty
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.86%
Original Mortgage
$261,250
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2001
Sold by
Neely Michael D and Gilberg-Neely Ann
Bought by
Little William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,147
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ardon Jose $410,000 --
Deleon-Escobar Gonzalo $275,000 --
Little William M $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ardon Jose $348,500
Previous Owner Deleon-Escobar Gonzalo $261,250
Previous Owner Little William M $52,000
Previous Owner Neeley Michael D $177,200
Previous Owner Neeley Michael D $171,147
Previous Owner Neeley Michael D $56,000
Previous Owner Neeley Michael D $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2017 07/13/17 Sold $410,000 +5.4% $318 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $389,000 +44.1% $302 / Sq Ft
06/24/2016 06/24/16 Sold $270,000 +3.9% $209 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/24/2016 04/24/16 For Sale $259,900 -- $201 / 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 $6,533 $630,620 $192,300 $438,320
2024 $6,259 $594,400 $188,000 $406,400
2023 $6,194 $555,500 $176,700 $378,800
2022 $6,104 $491,100 $138,900 $352,200
2021 $5,940 $455,900 $140,700 $315,200
2020 $5,477 $408,700 $126,800 $281,900
2019 $5,344 $373,700 $119,400 $254,300
2018 $4,963 $327,600 $111,100 $216,500
2017 $3,741 $239,800 $98,100 $141,700
2016 $3,700 $228,700 $90,700 $138,000
2015 $3,673 $219,300 $96,400 $122,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72163079

MLS Property Information Network (MLS PIN)

APN: LYNN-000086-000163-000070